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Saipem SpA (MIL:SPMR) Cyclically Adjusted Revenue per Share : €2,600.12 (As of Sep. 2023)


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What is Saipem SpA 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.

Saipem SpA's adjusted revenue per share for the three months ended in Sep. 2023 was €1.512. 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 €2,600.12 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Saipem SpA's average Cyclically Adjusted Revenue Growth Rate was -8.10% 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 Saipem SpA was -6.40% per year. The lowest was -7.10% per year. And the median was -6.75% per year.

As of today (2024-05-16), Saipem SpA's current stock price is €101.00. Saipem SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €2,600.12. Saipem SpA's Cyclically Adjusted PS Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Saipem SpA was 0.20. The lowest was 0.01. And the median was 0.10.


Saipem SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Saipem SpA'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.

Saipem SpA Cyclically Adjusted Revenue per Share Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,144.55 2,338.84 4,584.57 4,123.98 -

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 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 1,414.92 - - 2,600.12 -

Competitive Comparison of Saipem SpA's Cyclically Adjusted Revenue per Share

For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.


Saipem SpA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saipem SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Saipem SpA 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, Saipem SpA's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.512/120.3000*120.3000
=1.512

Current CPI (Sep. 2023) = 120.3000.

Saipem SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 15.054 99.814 18.144
201309 24.757 100.000 29.783
201312 20.434 99.721 24.651
201403 20.787 99.907 25.030
201406 16.088 100.093 19.336
201409 25.237 99.814 30.417
201412 23.539 99.721 28.397
201503 21.720 99.814 26.178
201506 16.865 100.279 20.232
201509 22.094 100.000 26.579
201512 23.395 99.814 28.197
201603 20.425 99.600 24.670
201606 5.180 99.900 6.238
201609 6.482 100.100 7.790
201612 5.019 100.300 6.020
201703 5.659 101.000 6.740
201706 5.819 101.100 6.924
201709 5.709 101.200 6.786
201712 5.358 101.200 6.369
201803 4.826 101.800 5.703
201806 4.745 102.400 5.574
201809 5.692 102.600 6.674
201812 6.221 102.300 7.316
201903 5.433 102.800 6.358
201906 5.954 103.100 6.947
201909 5.616 102.900 6.566
201912 5.924 102.800 6.932
202003 5.517 102.900 6.450
202006 3.817 102.900 4.462
202009 4.308 102.300 5.066
202012 4.958 102.600 5.813
202103 4.088 103.700 4.742
202106 3.598 104.200 4.154
202109 4.729 104.900 5.423
202112 3.714 106.600 4.191
202203 4.926 110.400 5.368
202206 1.125 112.500 1.203
202212 0.000 119.000 0.000
202306 0.000 119.700 0.000
202309 1.512 120.300 1.512

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


Saipem SpA  (MIL:SPMR) 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.

Saipem SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=101.00/2600.12
=0.04

* 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 Saipem SpA was 0.20. The lowest was 0.01. And the median was 0.10.


Be Aware

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


Saipem SpA Cyclically Adjusted Revenue per Share Related Terms

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


Saipem SpA (MIL:SPMR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (MIL:SPMR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

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