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Block (FRA:F8O) Cyclically Adjusted Revenue per Share : €17.02 (As of Mar. 2024)


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What is Block 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.

Block's adjusted revenue per share for the three months ended in Mar. 2024 was €8.599. 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 €17.02 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-29), Block's current stock price is €58.00. Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.02. Block's Cyclically Adjusted PS Ratio of today is 3.41.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Block was 4.67. The lowest was 2.26. And the median was 3.71.


Block Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Block'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.

Block Cyclically Adjusted Revenue per Share Chart

Block 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 - - - - 16.52

Block 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 - - 16.63 16.52 17.02

Competitive Comparison of Block's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Block'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.


Block's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Block's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Block 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, Block'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)
=8.599/131.7762*131.7762
=8.599

Current CPI (Mar. 2024) = 131.7762.

Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 0.621 100.428 0.815
201412 0.716 99.070 0.952
201503 0.814 99.621 1.077
201506 0.972 100.684 1.272
201509 0.917 100.392 1.204
201512 1.026 99.792 1.355
201603 1.028 100.470 1.348
201606 1.167 101.688 1.512
201609 1.137 101.861 1.471
201612 1.202 101.863 1.555
201703 1.177 102.862 1.508
201706 1.304 103.349 1.663
201709 1.279 104.136 1.618
201712 1.334 104.011 1.690
201803 1.369 105.290 1.713
201806 1.730 106.317 2.144
201809 1.592 106.507 1.970
201812 1.980 105.998 2.462
201903 2.025 107.251 2.488
201906 2.455 108.070 2.994
201909 2.467 108.329 3.001
201912 1.988 108.420 2.416
202003 2.874 108.902 3.478
202006 3.881 108.767 4.702
202009 5.277 109.815 6.332
202012 4.263 109.897 5.112
202103 8.473 111.754 9.991
202106 7.434 114.631 8.546
202109 6.483 115.734 7.382
202112 7.802 117.630 8.740
202203 6.642 121.301 7.216
202206 7.167 125.017 7.555
202209 7.695 125.227 8.097
202212 7.328 125.222 7.712
202303 7.474 127.348 7.734
202306 8.421 128.729 8.620
202309 8.611 129.860 8.738
202312 8.326 129.419 8.478
202403 8.599 131.776 8.599

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


Block  (FRA:F8O) 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.

Block's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=58.00/17.02
=3.41

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Block was 4.67. The lowest was 2.26. And the median was 3.71.


Be Aware

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


Block Cyclically Adjusted Revenue per Share Related Terms

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


Block (FRA:F8O) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (FRA:F8O) » Definitions » Cyclically Adjusted Revenue per Share
Address
1455 Market Street, Suite 600, San Francisco, CA, USA, 94103
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.

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