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Danske Bank A/S (Danske Bank A/S) Cyclically Adjusted Revenue per Share : $8.44 (As of Mar. 2024)


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What is Danske Bank A/S Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Danske Bank A/S's adjusted revenue per share for the three months ended in Mar. 2024 was $2.361. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $8.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Danske Bank A/S's average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Danske Bank A/S was 4.50% per year. The lowest was -4.90% per year. And the median was -1.80% per year.

As of today (2024-05-15), Danske Bank A/S's current stock price is $27.05. Danske Bank A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.44. Danske Bank A/S's Cyclically Adjusted PS Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Danske Bank A/S was 4.25. The lowest was 1.30. And the median was 2.20.


Danske Bank A/S Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Danske Bank A/S's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Danske Bank A/S Cyclically Adjusted Revenue per Share Chart

Danske Bank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 8.29 8.07 6.87 8.76

Danske Bank A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.67 8.39 8.32 8.76 8.44

Competitive Comparison of Danske Bank A/S's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Danske Bank A/S's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Danske Bank A/S's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's Cyclically Adjusted PS Ratio falls into.



Danske Bank A/S Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Danske Bank A/S's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.361/116.7000*116.7000
=2.361

Current CPI (Mar. 2024) = 116.7000.

Danske Bank A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.224 99.700 2.603
201409 2.001 99.700 2.342
201412 1.904 99.400 2.235
201503 1.887 100.200 2.198
201506 1.789 100.300 2.082
201509 1.644 100.200 1.915
201512 1.614 99.800 1.887
201603 1.718 100.200 2.001
201606 1.875 100.600 2.175
201609 1.995 100.200 2.324
201612 1.798 100.300 2.092
201703 2.047 101.200 2.361
201706 1.999 101.200 2.305
201709 2.150 101.800 2.465
201712 2.218 101.300 2.555
201803 2.288 101.700 2.625
201806 1.980 102.300 2.259
201809 2.171 102.400 2.474
201812 1.979 102.100 2.262
201903 2.011 102.900 2.281
201906 1.946 102.900 2.207
201909 1.948 102.900 2.209
201912 2.103 102.900 2.385
202003 1.815 103.300 2.050
202006 2.186 103.200 2.472
202009 2.125 103.500 2.396
202012 2.261 103.400 2.552
202103 2.241 104.300 2.507
202106 2.219 105.000 2.466
202109 2.157 105.800 2.379
202112 2.168 106.600 2.373
202203 1.853 109.900 1.968
202206 1.564 113.600 1.607
202209 1.682 116.400 1.686
202212 2.145 115.900 2.160
202303 2.237 117.300 2.226
202306 2.304 116.400 2.310
202309 2.295 117.400 2.281
202312 2.516 116.700 2.516
202403 2.361 116.700 2.361

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Danske Bank A/S  (OTCPK:DNSKF) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Danske Bank A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.05/8.44
=3.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Danske Bank A/S was 4.25. The lowest was 1.30. And the median was 2.20.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Danske Bank A/S Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Danske Bank A/S's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Danske Bank A/S (Danske Bank A/S) Business Description

Industry
Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank A/S (Danske Bank A/S) Headlines

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