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Molson Coors Beverage Co (Molson Coors Beverage Co) Cyclically Adjusted Revenue per Share : $50.41 (As of Dec. 2023)


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What is Molson Coors Beverage Co 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.

Molson Coors Beverage Co's adjusted revenue per share for the three months ended in Dec. 2023 was $12.896. 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 $50.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Molson Coors Beverage Co's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% 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 Molson Coors Beverage Co was 12.10% per year. The lowest was -12.10% per year. And the median was 1.70% per year.

As of today (2024-04-27), Molson Coors Beverage Co's current stock price is $61.9358. Molson Coors Beverage Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.41. Molson Coors Beverage Co's Cyclically Adjusted PS Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Molson Coors Beverage Co was 4.69. The lowest was 1.00. And the median was 1.84.


Molson Coors Beverage Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Molson Coors Beverage Co'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.

Molson Coors Beverage Co Cyclically Adjusted Revenue per Share Chart

Molson Coors Beverage Co 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 37.97 47.40 48.88 65.40 50.41

Molson Coors Beverage Co 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 65.40 61.81 46.95 49.69 50.41

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted Revenue per Share

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Molson Coors Beverage Co's Cyclically Adjusted PS Ratio falls into.



Molson Coors Beverage Co 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, Molson Coors Beverage Co'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)
=12.896/129.4194*129.4194
=12.896

Current CPI (Dec. 2023) = 129.4194.

Molson Coors Beverage Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.399 99.695 5.711
201406 6.393 100.560 8.228
201409 6.310 100.428 8.132
201412 5.216 99.070 6.814
201503 3.745 99.621 4.865
201506 5.392 100.684 6.931
201509 5.470 100.392 7.052
201512 4.545 99.792 5.894
201603 3.204 100.470 4.127
201606 4.566 101.688 5.811
201609 4.381 101.861 5.566
201612 10.630 101.863 13.506
201703 11.310 102.862 14.230
201706 14.285 103.349 17.888
201709 13.317 104.136 16.550
201712 11.915 104.011 14.826
201803 10.764 105.290 13.231
201806 14.250 106.317 17.347
201809 13.547 106.507 16.461
201812 11.167 105.998 13.634
201903 10.619 107.251 12.814
201906 13.593 108.070 16.278
201909 13.119 108.329 15.673
201912 11.462 108.420 13.682
202003 9.704 108.902 11.532
202006 11.536 108.767 13.726
202009 12.689 109.815 14.954
202012 10.583 109.897 12.463
202103 8.732 111.754 10.112
202106 13.508 114.631 15.251
202109 12.972 115.734 14.506
202112 12.020 117.630 13.225
202203 10.168 121.301 10.849
202206 13.415 125.017 13.887
202209 13.489 125.227 13.941
202212 12.140 125.222 12.547
202303 10.798 127.348 10.974
202306 14.998 128.729 15.078
202309 15.158 129.860 15.107
202312 12.896 129.419 12.896

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


Molson Coors Beverage Co  (NYSE:TAP.A) 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.

Molson Coors Beverage Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=61.9358/50.41
=1.23

* 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 Molson Coors Beverage Co was 4.69. The lowest was 1.00. And the median was 1.84.


Be Aware

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


Molson Coors Beverage Co Cyclically Adjusted Revenue per Share Related Terms

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


Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.