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Anheuser-Busch InBev/NV (BSP:ABUD34) Cyclically Adjusted Revenue per Share : R$30.06 (As of Mar. 2025)


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What is Anheuser-Busch InBev/NV 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.

Anheuser-Busch InBev/NV's adjusted revenue per share for the three months ended in Mar. 2025 was R$6.559. 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 R$30.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Anheuser-Busch InBev/NV's average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Anheuser-Busch InBev/NV was 6.80% per year. The lowest was 1.40% per year. And the median was 5.40% per year.

As of today (2025-05-16), Anheuser-Busch InBev/NV's current stock price is R$63.72. Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$30.06. Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Anheuser-Busch InBev/NV was 4.30. The lowest was 1.58. And the median was 2.12.


Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Chart

Anheuser-Busch InBev/NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.89 26.08 26.01 25.18 31.09

Anheuser-Busch InBev/NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 25.40 28.45 29.10 31.09 30.06

Competitive Comparison of Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio falls into.


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Anheuser-Busch InBev/NV 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, Anheuser-Busch InBev/NV's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.559/134.3475*134.3475
=6.559

Current CPI (Mar. 2025) = 134.3475.

Anheuser-Busch InBev/NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.504 100.107 4.703
201509 4.515 100.245 6.051
201512 4.028 100.572 5.381
201603 2.941 101.653 3.887
201606 3.757 102.267 4.936
201609 3.671 102.118 4.830
201612 4.082 102.614 5.344
201703 3.419 103.972 4.418
201706 3.954 103.902 5.113
201709 3.896 104.170 5.025
201712 3.648 104.804 4.676
201803 3.625 105.419 4.620
201806 4.450 106.063 5.637
201809 4.478 106.618 5.643
201812 4.563 107.252 5.716
201903 3.999 107.876 4.980
201906 4.414 107.896 5.496
201909 4.563 107.470 5.704
201912 4.584 108.065 5.699
202003 4.573 108.550 5.660
202006 4.516 108.540 5.590
202009 5.776 108.441 7.156
202012 5.471 108.511 6.774
202103 5.764 109.522 7.071
202106 5.659 110.305 6.892
202109 6.261 111.543 7.541
202112 6.657 114.705 7.797
202203 5.456 118.620 6.179
202206 6.185 120.948 6.870
202209 6.555 124.120 7.095
202212 6.370 126.578 6.761
202303 6.123 126.528 6.501
202306 6.067 125.973 6.470
202309 6.359 127.083 6.722
202312 5.863 128.292 6.140
202403 6.016 130.552 6.191
202406 6.865 130.691 7.057
202409 6.930 130.968 7.109
202412 7.545 132.346 7.659
202503 6.559 134.348 6.559

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


Anheuser-Busch InBev/NV  (BSP:ABUD34) 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.

Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=63.72/30.06
=2.12

* 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 Anheuser-Busch InBev/NV was 4.30. The lowest was 1.58. And the median was 2.12.


Be Aware

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


Anheuser-Busch InBev/NV Cyclically Adjusted Revenue per Share Related Terms

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


Anheuser-Busch InBev/NV Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV Headlines

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