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Nokia Oyj (OSTO:NOKIA SEK) Cyclically Adjusted Revenue per Share : kr51.08 (As of Jun. 2024)


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What is Nokia Oyj 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.

Nokia Oyj's adjusted revenue per share for the three months ended in Jun. 2024 was kr9.064. 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 kr51.08 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Nokia Oyj's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -9.60% 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 Nokia Oyj was 7.90% per year. The lowest was -17.60% per year. And the median was -6.50% per year.

As of today (2024-09-26), Nokia Oyj's current stock price is kr44.68. Nokia Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was kr51.08. Nokia Oyj's Cyclically Adjusted PS Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nokia Oyj was 1.61. The lowest was 0.47. And the median was 0.77.


Nokia Oyj Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nokia Oyj'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.

Nokia Oyj Cyclically Adjusted Revenue per Share Chart

Nokia Oyj 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 50.60 39.86 41.01 48.21 49.69

Nokia Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 52.36 51.35 49.69 51.99 51.08

Competitive Comparison of Nokia Oyj's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Nokia Oyj'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.


Nokia Oyj's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nokia Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nokia Oyj 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, Nokia Oyj's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=9.064/122.2300*122.2300
=9.064

Current CPI (Jun. 2024) = 122.2300.

Nokia Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.666 100.726 9.303
201412 8.267 100.229 10.082
201503 6.857 100.120 8.371
201506 6.862 100.030 8.385
201509 7.219 100.130 8.812
201512 8.459 99.990 10.340
201603 9.028 100.080 11.026
201606 9.015 100.390 10.976
201609 9.779 100.540 11.889
201612 11.189 101.020 13.538
201703 8.981 100.910 10.878
201706 9.662 101.140 11.677
201709 9.315 101.320 11.237
201712 11.813 101.510 14.224
201803 8.961 101.730 10.767
201806 9.776 102.320 11.678
201809 10.188 102.600 12.137
201812 12.399 102.710 14.755
201903 9.442 102.870 11.219
201906 10.812 103.360 12.786
201909 10.798 103.540 12.747
201912 12.668 103.650 14.939
202003 9.529 103.490 11.255
202006 9.480 103.320 11.215
202009 9.794 103.710 11.543
202012 11.868 103.890 13.963
202103 9.138 104.870 10.651
202106 9.486 105.360 11.005
202109 9.647 106.290 11.094
202112 11.510 107.490 13.088
202203 9.874 110.950 10.878
202206 10.973 113.570 11.810
202209 11.895 114.920 12.652
202212 14.503 117.320 15.110
202303 11.634 119.750 11.875
202306 11.297 120.690 11.441
202309 10.530 121.280 10.612
202312 11.558 121.540 11.624
202403 9.492 122.360 9.482
202406 9.064 122.230 9.064

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


Nokia Oyj  (OSTO:NOKIA SEK) 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.

Nokia Oyj's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.68/51.08
=0.87

* 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 Nokia Oyj was 1.61. The lowest was 0.47. And the median was 0.77.


Be Aware

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


Nokia Oyj Cyclically Adjusted Revenue per Share Related Terms

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


Nokia Oyj Business Description

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Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.

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