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DNKEY (Danske Bank AS) Cyclically Adjusted Revenue per Share : $4.53 (As of Mar. 2025)


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What is Danske Bank AS 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.

Danske Bank AS's adjusted revenue per share for the three months ended in Mar. 2025 was $1.209. 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 $4.53 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Danske Bank AS's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 Danske Bank AS was 4.50% per year. The lowest was -4.90% per year. And the median was 0.20% per year.

As of today (2025-05-16), Danske Bank AS's current stock price is $18.98. Danske Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.53. Danske Bank AS's Cyclically Adjusted PS Ratio of today is 4.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Danske Bank AS was 4.25. The lowest was 1.30. And the median was 2.35.


Danske Bank AS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Danske Bank AS'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.

Danske Bank AS Cyclically Adjusted Revenue per Share Chart

Danske Bank AS 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 4.23 4.10 4.10 4.34 4.24

Danske Bank AS 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 4.43 4.36 4.52 4.24 4.53

Competitive Comparison of Danske Bank AS's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Danske Bank AS'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.


Danske Bank AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Danske Bank AS 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, Danske Bank AS'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)
=1.209/120.2000*120.2000
=1.209

Current CPI (Mar. 2025) = 120.2000.

Danske Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.895 100.300 1.073
201509 0.822 100.200 0.986
201512 0.807 99.800 0.972
201603 0.859 100.200 1.030
201606 0.937 100.600 1.120
201609 0.998 100.200 1.197
201612 0.899 100.300 1.077
201703 1.023 101.200 1.215
201706 1.000 101.200 1.188
201709 1.075 101.800 1.269
201712 1.109 101.300 1.316
201803 1.144 101.700 1.352
201806 0.990 102.300 1.163
201809 1.085 102.400 1.274
201812 0.989 102.100 1.164
201903 1.005 102.900 1.174
201906 0.973 102.900 1.137
201909 0.974 102.900 1.138
201912 1.052 102.900 1.229
202003 0.907 103.300 1.055
202006 1.093 103.200 1.273
202009 1.063 103.500 1.235
202012 1.130 103.400 1.314
202103 1.121 104.300 1.292
202106 1.110 105.000 1.271
202109 1.079 105.800 1.226
202112 1.084 106.600 1.222
202203 0.927 109.900 1.014
202206 0.782 113.600 0.827
202209 0.841 116.400 0.868
202212 1.073 115.900 1.113
202303 1.118 117.300 1.146
202306 1.085 116.400 1.120
202309 1.076 117.400 1.102
202312 1.186 116.700 1.222
202403 1.197 118.400 1.215
202406 1.181 118.500 1.198
202409 1.200 118.900 1.213
202412 1.224 118.900 1.237
202503 1.209 120.200 1.209

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


Danske Bank AS  (OTCPK:DNKEY) 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.

Danske Bank AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.98/4.53
=4.19

* 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 Danske Bank AS was 4.25. The lowest was 1.30. And the median was 2.35.


Be Aware

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


Danske Bank AS Cyclically Adjusted Revenue per Share Related Terms

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


Danske Bank AS Business Description

Industry
Address
Bernstorffsgade 40, Copenhagen, DNK, DK-1577
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.

Danske Bank AS Headlines

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