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CDW (STU:CDW) Cyclically Adjusted Revenue per Share : €136.72 (As of Mar. 2025)


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What is CDW 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.

CDW's adjusted revenue per share for the three months ended in Mar. 2025 was €36.024. 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 €136.72 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CDW's average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.20% 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 7.00% 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 CDW was 21.80% per year. The lowest was 1.60% per year. And the median was 5.30% per year.

As of today (2025-05-20), CDW's current stock price is €166.70. CDW's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €136.72. CDW's Cyclically Adjusted PS Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CDW was 2.00. The lowest was 0.43. And the median was 1.29.


CDW Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CDW'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.

CDW Cyclically Adjusted Revenue per Share Chart

CDW Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.00 95.81 114.90 121.60 138.74

CDW Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 128.57 131.16 127.38 138.74 136.72

Competitive Comparison of CDW's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, CDW'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.


CDW's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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CDW 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, CDW's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=36.024/134.9266*134.9266
=36.024

Current CPI (Mar. 2025) = 134.9266.

CDW Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 17.118 100.684 22.940
201509 18.243 100.392 24.519
201512 18.427 99.792 24.915
201603 16.571 100.470 22.254
201606 19.565 101.688 25.960
201609 20.036 101.861 26.540
201612 18.479 101.863 24.477
201703 18.700 102.862 24.529
201706 21.784 103.349 28.440
201709 21.126 104.136 27.373
201712 20.429 104.011 26.501
201803 18.894 105.290 24.212
201806 23.283 106.317 29.548
201809 24.384 106.507 30.891
201812 23.549 105.998 29.976
201903 23.477 107.251 29.535
201906 27.630 108.070 34.497
201909 30.273 108.329 37.706
201912 27.853 108.420 34.662
202003 27.414 108.902 33.965
202006 26.866 108.767 33.327
202009 27.888 109.815 34.265
202012 28.077 109.897 34.472
202103 28.396 111.754 34.284
202106 30.145 114.631 35.482
202109 32.317 115.734 37.676
202112 35.560 117.630 40.789
202203 39.516 121.301 43.955
202206 42.499 125.017 45.868
202209 45.789 125.227 49.336
202212 37.391 125.222 40.289
202303 34.714 127.348 36.780
202306 38.155 128.729 39.992
202309 38.806 129.860 40.320
202312 33.838 129.419 35.278
202403 32.962 131.776 33.750
202406 37.156 132.554 37.821
202409 36.845 133.029 37.371
202412 36.877 133.157 37.367
202503 36.024 134.927 36.024

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


CDW  (STU:CDW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=166.70/136.72
=1.22

* 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 CDW was 2.00. The lowest was 0.43. And the median was 1.29.


Be Aware

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


CDW Cyclically Adjusted Revenue per Share Related Terms

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


CDW Business Description

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Address
200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has five operating segments namely, Corporate, Small Business, Public, CDW UK, and CDW Canada. The Corporate segment generates the majority of its revenue and serves USA private sector business customers.