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NetApp (FRA:NTA) Cyclically Adjusted Revenue per Share : €25.40 (As of Jan. 2024)


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What is NetApp 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.

NetApp's adjusted revenue per share for the three months ended in Jan. 2024 was €6.987. 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 €25.40 for the trailing ten years ended in Jan. 2024.

During the past 12 months, NetApp's average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 NetApp was 25.80% per year. The lowest was 7.80% per year. And the median was 12.40% per year.

As of today (2024-05-01), NetApp's current stock price is €94.27. NetApp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €25.40. NetApp's Cyclically Adjusted PS Ratio of today is 3.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NetApp was 4.81. The lowest was 1.52. And the median was 2.96.


NetApp Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for NetApp'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.

NetApp Cyclically Adjusted Revenue per Share Chart

NetApp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.15 19.42 18.73 23.76 24.04

NetApp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 23.36 24.04 23.79 25.28 25.40

Competitive Comparison of NetApp's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, NetApp'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.


NetApp's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



NetApp 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, NetApp's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=6.987/129.4194*129.4194
=6.987

Current CPI (Jan. 2024) = 129.4194.

NetApp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 3.543 100.023 4.584
201407 3.345 100.520 4.307
201410 3.769 100.176 4.869
201501 4.213 98.604 5.530
201504 4.517 99.824 5.856
201507 3.992 100.691 5.131
201510 4.350 100.346 5.610
201601 4.313 99.957 5.584
201604 4.221 100.947 5.412
201607 4.153 101.524 5.294
201610 4.284 101.988 5.436
201701 4.697 102.456 5.933
201704 4.876 103.167 6.117
201707 4.120 103.278 5.163
201710 4.379 104.070 5.446
201801 4.709 104.578 5.828
201804 4.511 105.708 5.523
201807 4.690 106.324 5.709
201810 4.999 106.695 6.064
201901 5.369 106.200 6.543
201904 5.736 107.818 6.885
201907 4.537 108.250 5.424
201910 5.252 108.577 6.260
202001 5.524 108.841 6.568
202004 5.754 108.173 6.884
202007 5.106 109.318 6.045
202010 5.373 109.861 6.330
202101 5.317 110.364 6.235
202104 5.677 112.673 6.521
202107 5.386 115.183 6.052
202110 5.895 116.696 6.538
202201 6.230 118.619 6.797
202204 6.793 121.978 7.207
202207 6.986 125.002 7.233
202210 7.672 125.734 7.897
202301 6.466 126.223 6.630
202304 6.645 127.992 6.719
202307 5.993 128.974 6.014
202310 7.010 129.810 6.989
202401 6.987 129.419 6.987

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


NetApp  (FRA:NTA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=94.27/25.4
=3.71

* 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 NetApp was 4.81. The lowest was 1.52. And the median was 2.96.


Be Aware

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


NetApp Cyclically Adjusted Revenue per Share Related Terms

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


NetApp (FRA:NTA) Business Description

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NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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