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MicroStrategy (MicroStrategy) Cyclically Adjusted Revenue per Share : $53.93 (As of Dec. 2023)


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What is MicroStrategy 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.

MicroStrategy's adjusted revenue per share for the three months ended in Dec. 2023 was $5.477. 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 $53.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MicroStrategy's average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 MicroStrategy was 10.10% per year. The lowest was -9.00% per year. And the median was 3.75% per year.

As of today (2024-04-28), MicroStrategy's current stock price is $1282.38. MicroStrategy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $53.93. MicroStrategy's Cyclically Adjusted PS Ratio of today is 23.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MicroStrategy was 33.05. The lowest was 2.00. And the median was 3.91.


MicroStrategy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MicroStrategy'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.

MicroStrategy Cyclically Adjusted Revenue per Share Chart

MicroStrategy 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 50.41 51.45 54.29 55.71 53.93

MicroStrategy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 55.71 56.00 55.76 55.51 53.93

Competitive Comparison of MicroStrategy's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, MicroStrategy'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.


MicroStrategy's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, MicroStrategy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MicroStrategy's Cyclically Adjusted PS Ratio falls into.



MicroStrategy 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, MicroStrategy's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.477/129.4194*129.4194
=5.477

Current CPI (Dec. 2023) = 129.4194.

MicroStrategy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.203 99.695 15.841
201406 12.552 100.560 16.154
201409 13.380 100.428 17.243
201412 12.922 99.070 16.881
201503 10.814 99.621 14.049
201506 11.550 100.684 14.846
201509 11.177 100.392 14.409
201512 12.380 99.792 16.055
201603 10.368 100.470 13.355
201606 10.687 101.688 13.601
201609 11.275 101.861 14.325
201612 12.249 101.863 15.563
201703 10.544 102.862 13.266
201706 10.285 103.349 12.879
201709 10.958 104.136 13.619
201712 11.873 104.011 14.773
201803 10.704 105.290 13.157
201806 10.494 106.317 12.774
201809 10.587 106.507 12.865
201812 11.840 105.998 14.456
201903 11.170 107.251 13.479
201906 11.420 108.070 13.676
201909 11.611 108.329 13.871
201912 12.959 108.420 15.469
202003 11.108 108.902 13.201
202006 11.352 108.767 13.507
202009 13.250 109.815 15.615
202012 13.963 109.897 16.443
202103 12.740 111.754 14.754
202106 12.862 114.631 14.521
202109 12.801 115.734 14.315
202112 12.588 117.630 13.850
202203 10.566 121.301 11.273
202206 10.803 125.017 11.183
202209 11.086 125.227 11.457
202212 11.641 125.222 12.031
202303 8.365 127.348 8.501
202306 7.481 128.729 7.521
202309 9.104 129.860 9.073
202312 5.477 129.419 5.477

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


MicroStrategy  (NAS:MSTR) 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.

MicroStrategy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1282.38/53.93
=23.78

* 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 MicroStrategy was 33.05. The lowest was 2.00. And the median was 3.91.


Be Aware

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


MicroStrategy Cyclically Adjusted Revenue per Share Related Terms

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


MicroStrategy (MicroStrategy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroStrategy Inc (NAS:MSTR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
Executives
Michael J Saylor director, 10 percent owner, officer: Chairman and CEO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jarrod M Patten director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Wei-ming Shao officer: SEVP & General Counsel MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Phong Le officer: SEVP & CFO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jeanine Montgomery officer: Senior VP & CAO C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Timothy Edwin Lang officer: SEVP & CTO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Leslie J Rechan director 2207 BRIDGEPOINTE PARKWAY, SAN MATEO CA 94404
Andrew Kang officer: SEVP & CFO 5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Kevin Adkisson officer: SEVP & CRO 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Stephen X Graham director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Lisa Mayr officer: SEVP & CFO C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Robert H Epstein director 1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Kevin Norlin officer: SEVP, Worldwide Sales MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Margaret Anne Breya director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182