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M.D.C. Holdings (STU:MDH) Cyclically Adjusted Revenue per Share : €51.51 (As of Dec. 2023)


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What is M.D.C. Holdings 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.

M.D.C. Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was €16.222. 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 €51.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, M.D.C. Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 M.D.C. Holdings was 18.20% per year. The lowest was -13.90% per year. And the median was 5.05% per year.

As of today (2024-05-27), M.D.C. Holdings's current stock price is €59.00. M.D.C. Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €51.51. M.D.C. Holdings's Cyclically Adjusted PS Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of M.D.C. Holdings was 1.65. The lowest was 0.45. And the median was 0.83.


M.D.C. Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for M.D.C. Holdings'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.

M.D.C. Holdings Cyclically Adjusted Revenue per Share Chart

M.D.C. Holdings 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 27.97 29.54 38.39 48.75 51.51

M.D.C. Holdings 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 48.75 49.48 50.35 54.08 51.51

Competitive Comparison of M.D.C. Holdings's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, M.D.C. Holdings'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.


M.D.C. Holdings's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M.D.C. Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M.D.C. Holdings's Cyclically Adjusted PS Ratio falls into.



M.D.C. Holdings 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, M.D.C. Holdings'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)
=16.222/129.4194*129.4194
=16.222

Current CPI (Dec. 2023) = 129.4194.

M.D.C. Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.667 99.695 4.760
201406 5.043 100.560 6.490
201409 5.027 100.428 6.478
201412 6.354 99.070 8.301
201503 5.551 99.621 7.211
201506 6.504 100.684 8.360
201509 6.431 100.392 8.291
201512 8.213 99.792 10.651
201603 5.669 100.470 7.302
201606 8.088 101.688 10.294
201609 8.184 101.861 10.398
201612 10.678 101.863 13.567
201703 8.369 102.862 10.530
201706 9.000 103.349 11.270
201709 7.645 104.136 9.501
201712 8.995 104.011 11.192
201803 7.659 105.290 9.414
201806 9.919 106.317 12.074
201809 10.087 106.507 12.257
201812 11.475 105.998 14.011
201903 8.686 107.251 10.481
201906 9.724 108.070 11.645
201909 10.155 108.329 12.132
201912 14.219 108.420 16.973
202003 9.279 108.902 11.027
202006 11.801 108.767 14.042
202009 12.389 109.815 14.601
202012 13.948 109.897 16.426
202103 12.543 111.754 14.526
202106 15.993 114.631 18.056
202109 15.188 115.734 16.984
202112 17.745 117.630 19.524
202203 15.806 121.301 16.864
202206 19.302 125.017 19.982
202209 20.022 125.227 20.692
202212 19.624 125.222 20.282
202303 13.242 127.348 13.457
202306 13.990 128.729 14.065
202309 13.650 129.860 13.604
202312 16.222 129.419 16.222

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


M.D.C. Holdings  (STU:MDH) 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.

M.D.C. Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=59.00/51.51
=1.15

* 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 M.D.C. Holdings was 1.65. The lowest was 0.45. And the median was 0.83.


Be Aware

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


M.D.C. Holdings Cyclically Adjusted Revenue per Share Related Terms

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


M.D.C. Holdings (STU:MDH) Business Description

Traded in Other Exchanges
Address
4350 South Monaco Street, Suite 500, Denver, CO, USA, 80237
M.D.C. Holdings Inc is an American holding company that operates home construction, mortgage, insurance, and title companies. The company focuses on single-family and residential communities via its Richmond American Homes brand in Arizona, California, Colorado, Florida, Virginia, Nevada, Utah, and Washington. MDC Holdings constructs homes for first-time and move-up homebuyers. Its segments include Homebuilding and Financial Services. Its Home construction in Colorado, California, Washington, and Arizona derive most of the company's homebuilding revenue, followed by Utah, and Virginia.

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