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BlackRock (MEX:BLK) Cyclically Adjusted Revenue per Share : MXN2,415.62 (As of Dec. 2024)


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What is BlackRock 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.

BlackRock's adjusted revenue per share for the three months ended in Dec. 2024 was MXN753.838. 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 MXN2,415.62 for the trailing ten years ended in Dec. 2024.

During the past 12 months, BlackRock's average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% 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 BlackRock was 17.70% per year. The lowest was 9.00% per year. And the median was 11.85% per year.

As of today (2025-05-07), BlackRock's current stock price is MXN17942.00. BlackRock's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was MXN2,415.62. BlackRock's Cyclically Adjusted PS Ratio of today is 7.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BlackRock was 11.29. The lowest was 4.93. And the median was 7.22.


BlackRock Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BlackRock'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.

BlackRock Cyclically Adjusted Revenue per Share Chart

BlackRock 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 1,528.70 1,851.26 1,988.09 1,830.77 2,415.62

BlackRock 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 1,835.23 2,087.22 2,209.91 2,415.62 -

Competitive Comparison of BlackRock's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, BlackRock'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.


BlackRock's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=753.838/133.1571*133.1571
=753.838

Current CPI (Dec. 2024) = 133.1571.

BlackRock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 243.609 99.621 325.616
201506 268.443 100.684 355.023
201509 290.376 100.392 385.148
201512 290.678 99.792 387.864
201603 268.753 100.470 356.188
201606 309.940 101.688 405.856
201609 328.621 101.861 429.588
201612 494.205 101.863 646.035
201703 351.740 102.862 455.334
201706 354.920 103.349 457.286
201709 387.173 104.136 495.074
201712 446.787 104.011 571.986
201803 397.954 105.290 503.283
201806 435.079 106.317 544.917
201809 412.829 106.507 516.128
201812 416.162 105.998 522.793
201903 405.691 107.251 503.687
201906 431.190 108.070 531.288
201909 464.027 108.329 570.376
201912 473.781 108.420 581.878
202003 553.931 108.902 677.308
202006 542.084 108.767 663.640
202009 625.263 109.815 758.169
202012 583.663 109.897 707.199
202103 580.293 111.754 691.428
202106 618.861 114.631 718.876
202109 670.269 115.734 771.172
202112 686.669 117.630 777.312
202203 609.404 121.301 668.968
202206 597.264 125.017 636.154
202209 570.498 125.227 606.628
202212 556.416 125.222 591.676
202303 505.486 127.348 528.545
202306 507.587 128.729 525.049
202309 523.377 129.860 536.667
202312 523.612 129.419 538.734
202403 522.765 131.776 528.243
202406 588.195 132.554 590.872
202409 684.027 133.029 684.686
202412 753.838 133.157 753.838

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


BlackRock  (MEX:BLK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17942.00/2415.62
=7.43

* 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 BlackRock was 11.29. The lowest was 4.93. And the median was 7.22.


Be Aware

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


BlackRock Cyclically Adjusted Revenue per Share Related Terms

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


BlackRock Business Description

Industry
Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $11.584 trillion in assets under management at the end of March 2025. Its product mix is diverse, with 53% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 4% in alternatives. Passive strategies account for two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.