GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UniCredit SpA (FRA:CRIN) » Definitions » Cyclically Adjusted Revenue per Share

UniCredit SpA (FRA:CRIN) Cyclically Adjusted Revenue per Share : €13.82 (As of Dec. 2023)


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

What is UniCredit SpA 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.

UniCredit SpA's adjusted revenue per share for the three months ended in Dec. 2023 was €3.413. 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 €13.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, UniCredit SpA's average Cyclically Adjusted Revenue Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -13.20% 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 UniCredit SpA was -9.20% per year. The lowest was -18.50% per year. And the median was -14.20% per year.

As of today (2024-05-12), UniCredit SpA's current stock price is €36.035. UniCredit SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €13.82. UniCredit SpA's Cyclically Adjusted PS Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of UniCredit SpA was 2.61. The lowest was 0.28. And the median was 0.57.


UniCredit SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for UniCredit SpA'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.

UniCredit SpA Cyclically Adjusted Revenue per Share Chart

UniCredit SpA 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 22.99 18.58 15.03 15.07 13.82

UniCredit SpA 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 14.72 14.49 14.23 13.82 -

Competitive Comparison of UniCredit SpA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, UniCredit SpA'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.


UniCredit SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



UniCredit SpA 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, UniCredit SpA'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)
=3.413/119.5000*119.5000
=3.413

Current CPI (Dec. 2023) = 119.5000.

UniCredit SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.138 99.907 6.146
201406 5.123 100.093 6.116
201409 4.959 99.814 5.937
201412 4.980 99.721 5.968
201503 5.067 99.814 6.066
201506 5.001 100.279 5.960
201509 4.659 100.000 5.568
201512 1.890 99.814 2.263
201603 4.056 99.600 4.866
201606 4.708 99.900 5.632
201609 4.068 100.100 4.856
201612 3.117 100.300 3.714
201703 4.339 101.000 5.134
201706 2.320 101.100 2.742
201709 2.195 101.200 2.592
201712 1.878 101.200 2.218
201803 2.372 101.800 2.784
201806 2.393 102.400 2.793
201809 1.849 102.600 2.154
201812 2.768 102.300 3.233
201903 2.242 102.800 2.606
201906 2.199 103.100 2.549
201909 2.187 102.900 2.540
201912 2.601 102.800 3.024
202003 1.393 102.900 1.618
202006 2.837 102.900 3.295
202009 1.882 102.300 2.198
202012 1.951 102.600 2.272
202103 1.998 103.700 2.302
202106 2.255 104.200 2.586
202109 1.961 104.900 2.234
202112 1.196 106.600 1.341
202203 2.276 110.400 2.464
202206 2.180 112.500 2.316
202209 2.430 114.200 2.543
202212 2.862 119.000 2.874
202303 3.041 118.800 3.059
202306 3.014 119.700 3.009
202309 3.181 120.300 3.160
202312 3.413 119.500 3.413

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


UniCredit SpA  (FRA:CRIN) 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.

UniCredit SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.035/13.82
=2.61

* 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 UniCredit SpA was 2.61. The lowest was 0.28. And the median was 0.57.


Be Aware

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


UniCredit SpA Cyclically Adjusted Revenue per Share Related Terms

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


UniCredit SpA (FRA:CRIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UniCredit SpA (FRA:CRIN) » Definitions » Cyclically Adjusted Revenue per Share
Address
Piazza Gae Aulenti 3, Tower A, Milano, ITA, 20154
UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. It has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking, but also maintains a sizable corporate and investment bank.

UniCredit SpA (FRA:CRIN) Headlines

No Headlines