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San Miguel (San Miguel) Cyclically Adjusted Revenue per Share : $8.84 (As of Dec. 2023)


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What is San Miguel 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.

San Miguel's adjusted revenue per share for the three months ended in Dec. 2023 was $2.815. 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 $8.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, San Miguel's average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% 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 San Miguel was 13.40% per year. The lowest was 10.70% per year. And the median was 11.30% per year.

As of today (2024-05-16), San Miguel's current stock price is $1.798. San Miguel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.84. San Miguel's Cyclically Adjusted PS Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of San Miguel was 0.68. The lowest was 0.21. And the median was 0.36.


San Miguel Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for San Miguel'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.

San Miguel Cyclically Adjusted Revenue per Share Chart

San Miguel 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 6.03 7.18 7.62 7.62 8.84

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.62 7.88 8.66 8.11 8.84

Competitive Comparison of San Miguel's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



San Miguel 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, San Miguel's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.815/129.4194*129.4194
=2.815

Current CPI (Dec. 2023) = 129.4194.

San Miguel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.419 99.695 1.842
201406 1.293 100.560 1.664
201409 1.409 100.428 1.816
201412 1.301 99.070 1.700
201503 1.148 99.621 1.491
201506 1.293 100.684 1.662
201509 1.238 100.392 1.596
201512 1.236 99.792 1.603
201603 1.165 100.470 1.501
201606 1.243 101.688 1.582
201609 1.237 101.861 1.572
201612 1.366 101.863 1.736
201703 1.429 102.862 1.798
201706 1.445 103.349 1.810
201709 1.145 104.136 1.423
201712 1.674 104.011 2.083
201803 1.711 105.290 2.103
201806 1.933 106.317 2.353
201809 1.915 106.507 2.327
201812 1.924 105.998 2.349
201903 1.832 107.251 2.211
201906 1.888 108.070 2.261
201909 1.819 108.329 2.173
201912 1.912 108.420 2.282
202003 1.563 108.902 1.857
202006 1.242 108.767 1.478
202009 1.302 109.815 1.534
202012 1.421 109.897 1.673
202103 1.468 111.754 1.700
202106 1.525 114.631 1.722
202109 1.755 115.734 1.963
202112 2.121 117.630 2.334
202203 2.312 121.301 2.467
202206 3.480 125.017 3.603
202209 3.274 125.227 3.384
202212 2.877 125.222 2.973
202303 2.531 127.348 2.572
202306 2.896 128.729 2.912
202309 2.744 129.860 2.735
202312 2.815 129.419 2.815

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


San Miguel  (OTCPK:SMGBF) 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.

San Miguel's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.798/8.84
=0.20

* 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 San Miguel was 0.68. The lowest was 0.21. And the median was 0.36.


Be Aware

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


San Miguel Cyclically Adjusted Revenue per Share Related Terms

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


San Miguel (San Miguel) Business Description

Industry
Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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