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Danske Bank AS (LTS:0NVC) Cyclically Adjusted Revenue per Share : kr61.78 (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 kr16.688. 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 kr61.78 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 (2025-05-25), Danske Bank AS's current stock price is kr251.40. Danske Bank AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was kr61.78. Danske Bank AS's Cyclically Adjusted PS Ratio of today is 4.07.

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 2.36.


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 52.19 53.30 57.03 58.56 61.42

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 60.01 60.27 60.65 61.42 61.78

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)
=16.688/120.2000*120.2000
=16.688

Current CPI (Mar. 2025) = 120.2000.

Danske Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.891 100.300 14.250
201509 10.922 100.200 13.102
201512 11.060 99.800 13.321
201603 11.510 100.200 13.807
201606 12.414 100.600 14.833
201609 13.245 100.200 15.889
201612 12.682 100.300 15.198
201703 14.236 101.200 16.909
201706 13.234 101.200 15.719
201709 13.427 101.800 15.854
201712 13.946 101.300 16.548
201803 13.819 101.700 16.333
201806 12.631 102.300 14.841
201809 13.879 102.400 16.292
201812 12.976 102.100 15.276
201903 13.283 102.900 15.516
201906 12.865 102.900 15.028
201909 13.205 102.900 15.425
201912 14.141 102.900 16.518
202003 12.275 103.300 14.283
202006 14.476 103.200 16.861
202009 13.421 103.500 15.587
202012 13.824 103.400 16.070
202103 14.004 104.300 16.139
202106 13.697 105.000 15.680
202109 13.634 105.800 15.490
202112 14.271 106.600 16.092
202203 12.514 109.900 13.687
202206 11.011 113.600 11.651
202209 12.643 116.400 13.056
202212 15.064 115.900 15.623
202303 15.551 117.300 15.935
202306 14.915 116.400 15.402
202309 15.042 117.400 15.401
202312 16.215 116.700 16.701
202403 16.423 118.400 16.673
202406 16.374 118.500 16.609
202409 16.118 118.900 16.294
202412 17.438 118.900 17.629
202503 16.688 120.200 16.688

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


Danske Bank AS  (LTS:0NVC) 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
=251.40/61.78
=4.07

* 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 2.36.


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
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank AS (LTS:0NVC) » Definitions » Cyclically Adjusted Revenue per Share
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.

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