GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nasdaq Inc (MEX:NDAQ) » Definitions » Cyclically Adjusted Revenue per Share

Nasdaq (MEX:NDAQ) Cyclically Adjusted Revenue per Share : MXN178.79 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Nasdaq 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.

Nasdaq's adjusted revenue per share for the three months ended in Mar. 2024 was MXN47.989. 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 MXN178.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nasdaq's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Nasdaq was 10.70% per year. The lowest was 4.50% per year. And the median was 7.25% per year.

As of today (2024-06-22), Nasdaq's current stock price is MXN1075.00. Nasdaq's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN178.79. Nasdaq's Cyclically Adjusted PS Ratio of today is 6.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nasdaq was 8.05. The lowest was 1.90. And the median was 4.26.


Nasdaq Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nasdaq'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.

Nasdaq Cyclically Adjusted Revenue per Share Chart

Nasdaq 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 - 154.50 185.30 196.55 182.52

Nasdaq 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 190.03 180.92 190.35 182.52 178.79

Competitive Comparison of Nasdaq's Cyclically Adjusted Revenue per Share

For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.


Nasdaq's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nasdaq's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nasdaq 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, Nasdaq'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)
=47.989/131.7762*131.7762
=47.989

Current CPI (Mar. 2024) = 131.7762.

Nasdaq Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.682 100.560 28.413
201409 21.143 100.428 27.743
201412 26.187 99.070 34.832
201503 25.250 99.621 33.400
201506 24.519 100.684 32.091
201509 28.615 100.392 37.561
201512 29.341 99.792 38.745
201603 30.842 100.470 40.452
201606 32.874 101.688 42.601
201609 35.325 101.861 45.699
201612 39.474 101.863 51.066
201703 35.723 102.862 45.765
201706 35.547 103.349 45.325
201709 34.338 104.136 43.452
201712 39.323 104.011 49.820
201803 41.246 105.290 51.622
201806 40.183 106.317 49.806
201809 35.929 106.507 44.453
201812 44.492 105.998 55.312
201903 40.222 107.251 49.420
201906 40.670 108.070 49.592
201909 43.180 108.329 52.526
201912 39.990 108.420 48.605
202003 63.408 108.902 76.727
202006 64.768 108.767 78.469
202009 62.119 109.815 74.542
202012 57.973 109.897 69.515
202103 67.324 111.754 79.386
202106 56.292 114.631 64.711
202109 54.653 115.734 62.228
202112 59.110 117.630 66.219
202203 60.914 121.301 66.174
202206 62.876 125.017 66.276
202209 63.100 125.227 66.400
202212 62.062 125.222 65.310
202303 55.849 127.348 57.791
202306 49.768 128.729 50.946
202309 51.152 129.860 51.907
202312 50.734 129.419 51.658
202403 47.989 131.776 47.989

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


Nasdaq  (MEX:NDAQ) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1075.00/178.79
=6.01

* 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 Nasdaq was 8.05. The lowest was 1.90. And the median was 4.26.


Be Aware

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


Nasdaq Cyclically Adjusted Revenue per Share Related Terms

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


Nasdaq (MEX:NDAQ) Business Description

Industry
Traded in Other Exchanges
Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.

Nasdaq (MEX:NDAQ) Headlines

From GuruFocus

Q1 2021 Nasdaq Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Nasdaq Inc Investor Day Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Nasdaq Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Nasdaq Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Nasdaq Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024