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Vestas Wind Systems A/S (HAM:VWSB) Cyclically Adjusted Revenue per Share : €13.03 (As of Mar. 2024)


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What is Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S's adjusted revenue per share for the three months ended in Mar. 2024 was €2.654. 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 €13.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vestas Wind Systems A/S's average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% 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 Vestas Wind Systems A/S was 12.80% per year. The lowest was 8.30% per year. And the median was 11.30% per year.

As of today (2024-05-21), Vestas Wind Systems A/S's current stock price is €25.61. Vestas Wind Systems A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.03. Vestas Wind Systems A/S's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vestas Wind Systems A/S was 4.52. The lowest was 1.37. And the median was 2.08.


Vestas Wind Systems A/S Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Cyclically Adjusted Revenue per Share Chart

Vestas Wind Systems A/S 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 8.42 9.40 10.37 11.96 12.87

Vestas Wind Systems A/S 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 12.25 12.42 12.64 12.87 13.03

Competitive Comparison of Vestas Wind Systems A/S's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Cyclically Adjusted PS Ratio falls into.



Vestas Wind Systems A/S 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, Vestas Wind Systems A/S'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)
=2.654/118.4000*118.4000
=2.654

Current CPI (Mar. 2024) = 118.4000.

Vestas Wind Systems A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.214 99.700 1.442
201409 1.635 99.700 1.942
201412 2.205 99.400 2.626
201503 1.356 100.200 1.602
201506 1.567 100.300 1.850
201509 1.893 100.200 2.237
201512 2.753 99.800 3.266
201603 1.339 100.200 1.582
201606 2.318 100.600 2.728
201609 2.631 100.200 3.109
201612 3.059 100.300 3.611
201703 1.767 101.200 2.067
201706 2.064 101.200 2.415
201709 2.580 101.800 3.001
201712 2.984 101.300 3.488
201803 1.661 101.700 1.934
201806 2.260 102.300 2.616
201809 2.764 102.400 3.196
201812 3.422 102.100 3.968
201903 1.799 102.900 2.070
201906 2.121 102.900 2.440
201909 3.646 102.900 4.195
201912 4.792 102.900 5.514
202003 2.283 103.300 2.617
202006 5.059 103.200 5.804
202009 4.871 103.500 5.572
202012 4.132 103.400 4.731
202103 2.020 104.300 2.293
202106 3.450 105.000 3.890
202109 5.297 105.800 5.928
202112 4.314 106.600 4.792
202203 2.460 109.900 2.650
202206 3.333 113.600 3.474
202209 3.993 116.400 4.062
202212 4.681 115.900 4.782
202303 2.801 117.300 2.827
202306 3.578 116.400 3.639
202309 4.503 117.400 4.541
202312 4.789 116.700 4.859
202403 2.654 118.400 2.654

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


Vestas Wind Systems A/S  (HAM:VWSB) 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.

Vestas Wind Systems A/S's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.61/13.03
=1.97

* 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 Vestas Wind Systems A/S was 4.52. The lowest was 1.37. And the median was 2.08.


Be Aware

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


Vestas Wind Systems A/S Cyclically Adjusted Revenue per Share Related Terms

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


Vestas Wind Systems A/S (HAM:VWSB) Business Description

Industry
Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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