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Verizon Communications (BUE:VZ) Cyclically Adjusted Revenue per Share : ARS10,014.30 (As of Mar. 2024)


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What is Verizon Communications 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.

Verizon Communications's adjusted revenue per share for the three months ended in Mar. 2024 was ARS13,172.075. 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 ARS10,014.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Verizon Communications's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 10 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 Verizon Communications was 8.00% per year. The lowest was -1.20% per year. And the median was 3.40% per year.

As of today (2024-05-02), Verizon Communications's current stock price is ARS10813.50. Verizon Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS10,014.30. Verizon Communications's Cyclically Adjusted PS Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Verizon Communications was 1.65. The lowest was 0.80. And the median was 1.32.


Verizon Communications Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Verizon Communications'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.

Verizon Communications Cyclically Adjusted Revenue per Share Chart

Verizon Communications 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 1,415.09 2,657.85 3,890.46 6,635.73 18,349.50

Verizon Communications 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 7,886.71 9,925.49 15,792.50 18,349.50 10,014.30

Competitive Comparison of Verizon Communications's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Verizon Communications'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.


Verizon Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Verizon Communications 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, Verizon Communications'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)
=13172.075/129.4194*129.4194
=13,172.075

Current CPI (Mar. 2024) = 129.4194.

Verizon Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 123.188 100.560 158.542
201409 127.878 100.428 164.794
201412 136.225 99.070 177.957
201503 136.903 99.621 177.853
201506 143.355 100.684 184.269
201509 152.899 100.392 197.109
201512 216.956 99.792 281.367
201603 230.025 100.470 296.303
201606 208.974 101.688 265.963
201609 225.883 101.861 286.995
201612 250.940 101.863 318.826
201703 224.929 102.862 283.002
201706 246.477 103.349 308.652
201709 271.848 104.136 337.852
201712 316.897 104.011 394.310
201803 311.748 105.290 383.193
201806 388.085 106.317 472.416
201809 579.664 106.507 704.367
201812 624.277 105.998 762.218
201903 606.707 107.251 732.115
201906 692.390 108.070 829.177
201909 888.710 108.329 1,061.728
201912 1,004.168 108.420 1,198.660
202003 947.602 108.902 1,126.138
202006 1,006.714 108.767 1,197.863
202009 1,130.735 109.815 1,332.597
202012 1,362.236 109.897 1,604.230
202103 1,429.580 111.754 1,655.553
202106 1,544.033 114.631 1,743.221
202109 1,553.296 115.734 1,736.967
202112 1,649.689 117.630 1,815.036
202203 1,714.784 121.301 1,829.551
202206 1,935.188 125.017 2,003.338
202209 2,263.457 125.227 2,339.243
202212 2,809.522 125.222 2,903.701
202303 3,087.991 127.348 3,138.224
202306 3,713.762 128.729 3,733.688
202309 5,534.124 129.860 5,515.369
202312 6,013.243 129.419 6,013.243
202403 13,172.075 129.419 13,172.075

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


Verizon Communications  (BUE:VZ) 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.

Verizon Communications's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10813.50/10014.3
=1.08

* 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 Verizon Communications was 1.65. The lowest was 0.80. And the median was 1.32.


Be Aware

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


Verizon Communications Cyclically Adjusted Revenue per Share Related Terms

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


Verizon Communications (BUE:VZ) Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.