GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hellenic Exchanges - Athens Stock Exchange SA (ATH:EXAE) » Definitions » Cyclically Adjusted Revenue per Share

Hellenic Exchanges - Athens Stock Exchange (ATH:EXAE) Cyclically Adjusted Revenue per Share : €0.64 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Hellenic Exchanges - Athens Stock Exchange 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.

Hellenic Exchanges - Athens Stock Exchange's adjusted revenue per share for the three months ended in Sep. 2024 was €0.224. 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 €0.64 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hellenic Exchanges - Athens Stock Exchange'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 2.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% 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 Hellenic Exchanges - Athens Stock Exchange was 2.80% per year. The lowest was -7.50% per year. And the median was -2.00% per year.

As of today (2025-05-23), Hellenic Exchanges - Athens Stock Exchange's current stock price is €5.73. Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €0.64. Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted PS Ratio of today is 8.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hellenic Exchanges - Athens Stock Exchange was 9.79. The lowest was 4.40. And the median was 6.67.


Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hellenic Exchanges - Athens Stock Exchange'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.

Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Revenue per Share Chart

Hellenic Exchanges - Athens Stock Exchange 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 0.63 0.57 0.60 0.65 0.62

Hellenic Exchanges - Athens Stock Exchange Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.62 0.62 0.63 0.63 0.64

Competitive Comparison of Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, Hellenic Exchanges - Athens Stock Exchange'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.


Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted PS Ratio falls into.


;
;

Hellenic Exchanges - Athens Stock Exchange 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, Hellenic Exchanges - Athens Stock Exchange's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.224/119.6501*119.6501
=0.224

Current CPI (Sep. 2024) = 119.6501.

Hellenic Exchanges - Athens Stock Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.162 100.254 0.193
201503 0.147 100.549 0.175
201506 0.123 100.838 0.146
201509 0.068 100.856 0.081
201512 0.178 100.087 0.213
201603 0.112 99.041 0.135
201606 0.109 100.121 0.130
201609 0.088 99.878 0.105
201612 0.092 100.110 0.110
201703 0.088 100.770 0.104
201706 0.130 101.138 0.154
201709 0.110 100.882 0.130
201712 0.119 100.762 0.141
201803 0.113 100.534 0.134
201806 0.121 102.121 0.142
201809 0.084 101.982 0.099
201812 0.101 101.330 0.119
201903 0.094 101.482 0.111
201906 0.128 101.837 0.150
201909 0.182 101.906 0.214
201912 0.122 102.120 0.143
202003 0.128 101.479 0.151
202006 0.111 100.239 0.132
202009 0.111 99.886 0.133
202012 0.138 99.751 0.166
202103 0.133 99.817 0.159
202106 0.169 101.270 0.200
202109 0.145 102.095 0.170
202112 0.146 104.853 0.167
202203 0.163 108.651 0.180
202206 0.161 113.517 0.170
202209 0.163 114.371 0.171
202212 0.147 112.428 0.156
202303 0.200 113.620 0.211
202306 0.192 115.515 0.199
202309 0.198 116.234 0.204
202312 0.219 116.364 0.225
202403 0.232 117.285 0.237
202406 0.227 118.129 0.230
202409 0.224 119.650 0.224

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


Hellenic Exchanges - Athens Stock Exchange  (ATH:EXAE) 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.

Hellenic Exchanges - Athens Stock Exchange's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.73/0.64
=8.95

* 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 Hellenic Exchanges - Athens Stock Exchange was 9.79. The lowest was 4.40. And the median was 6.67.


Be Aware

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


Hellenic Exchanges - Athens Stock Exchange Cyclically Adjusted Revenue per Share Related Terms

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


Hellenic Exchanges - Athens Stock Exchange Business Description

Traded in Other Exchanges
Address
110 Athinon Avenue, Athens, GRC, 10442
Hellenic Exchanges - Athens Stock Exchange SA or Athex Group consists of the Athens Stock Exchange as the parent company, and the Athens Exchange Clearing House and the Hellenic Central Securities Depository SA as its subsidiaries. The Athens Stock Exchange is the only stock exchange in Greece. The parent company and its subsidiaries operate the organized cash and derivatives markets, provide comprehensive informational technology solutions to the Greek capital market, and promote the development of capital markets in Greece. The group's revenue derives from its operational functions including listing, trading, clearing and settling, as well as depository services.

Hellenic Exchanges - Athens Stock Exchange Headlines

No Headlines