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Berkshire Hathaway (STU:BRH) Cyclically Adjusted Revenue per Share : €187,906.00 (As of Mar. 2024)


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What is Berkshire Hathaway 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.

Berkshire Hathaway's adjusted revenue per share for the three months ended in Mar. 2024 was €58,655.594. 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 €187,906.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berkshire Hathaway'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 12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 Berkshire Hathaway was 33.00% per year. The lowest was 7.60% per year. And the median was 12.35% per year.

As of today (2024-05-13), Berkshire Hathaway's current stock price is €572000.00. Berkshire Hathaway's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €187,906.00. Berkshire Hathaway's Cyclically Adjusted PS Ratio of today is 3.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Berkshire Hathaway was 3.23. The lowest was 1.92. And the median was 2.46.


Berkshire Hathaway Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Berkshire Hathaway'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.

Berkshire Hathaway Cyclically Adjusted Revenue per Share Chart

Berkshire Hathaway 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 118,511.00 115,096.00 146,649.00 166,514.00 183,949.00

Berkshire Hathaway 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 171,652.00 177,815.00 188,248.00 183,949.00 187,906.00

Competitive Comparison of Berkshire Hathaway's Cyclically Adjusted Revenue per Share

For the Insurance - Diversified subindustry, Berkshire Hathaway'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.


Berkshire Hathaway's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Berkshire Hathaway 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, Berkshire Hathaway'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)
=58655.594/129.4194*129.4194
=58,655.594

Current CPI (Mar. 2024) = 129.4194.

Berkshire Hathaway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22,277.878 100.560 28,671.479
201409 24,181.634 100.428 31,162.413
201412 23,833.923 99.070 31,135.373
201503 27,356.699 99.621 35,539.535
201506 27,856.901 100.684 35,807.348
201509 31,989.774 100.392 41,239.521
201512 29,021.763 99.792 37,637.928
201603 28,510.270 100.470 36,725.066
201606 29,371.083 101.688 37,380.853
201609 31,891.188 101.861 40,519.320
201612 33,536.365 101.863 42,608.887
201703 37,050.228 102.862 46,615.941
201706 31,099.143 103.349 38,944.049
201709 30,842.558 104.136 38,331.035
201712 30,287.985 104.011 37,686.870
201803 24,876.254 105.290 30,577.312
201806 35,677.247 106.317 43,429.899
201809 40,741.905 106.507 49,506.678
201812 15,099.314 105.998 18,435.687
201903 43,710.366 107.251 52,745.389
201906 39,863.431 108.070 47,738.736
201909 42,201.705 108.329 50,417.701
201912 53,446.622 108.420 63,798.408
202003 -5,024.060 108.902 -5,970.632
202006 53,392.928 108.767 63,530.865
202009 50,611.527 109.815 59,646.855
202012 54,802.112 109.897 64,537.425
202103 38,520.000 111.754 44,608.850
202106 52,698.447 114.631 59,496.799
202109 42,700.200 115.734 47,749.321
202112 66,995.394 117.630 73,710.283
202203 42,392.827 121.301 45,230.082
202206 5,969.254 125.017 6,179.468
202209 43,676.476 125.227 45,138.875
202212 59,708.161 125.222 61,709.657
202303 77,074.886 127.348 78,328.683
202306 79,927.981 128.729 80,356.838
202309 41,075.179 129.860 40,935.973
202312 82,733.354 129.419 82,733.354
202403 58,655.594 129.419 58,655.594

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


Berkshire Hathaway  (STU:BRH) 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.

Berkshire Hathaway's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=572000.00/187906
=3.04

* 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 Berkshire Hathaway was 3.23. The lowest was 1.92. And the median was 2.46.


Be Aware

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


Berkshire Hathaway Cyclically Adjusted Revenue per Share Related Terms

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


Berkshire Hathaway (STU:BRH) Business Description

Industry
Address
3555 Farnam Street, Omaha, NE, USA, 68131
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.

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