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Diversified Royalty (TSX:DIV) Cyclically Adjusted Revenue per Share : C$0.30 (As of Dec. 2023)


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What is Diversified Royalty 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.

Diversified Royalty's adjusted revenue per share for the three months ended in Dec. 2023 was C$0.113. 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 C$0.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Diversified Royalty'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 -3.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -12.90% 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 Diversified Royalty was -2.20% per year. The lowest was -22.80% per year. And the median was -10.50% per year.

As of today (2024-05-02), Diversified Royalty's current stock price is C$2.80. Diversified Royalty's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.30. Diversified Royalty's Cyclically Adjusted PS Ratio of today is 9.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diversified Royalty was 12.00. The lowest was 2.54. And the median was 5.35.


Diversified Royalty Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Diversified Royalty'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.

Diversified Royalty Cyclically Adjusted Revenue per Share Chart

Diversified Royalty 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 0.47 0.33 0.34 0.28 0.30

Diversified Royalty 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 0.28 0.28 0.29 0.29 0.30

Competitive Comparison of Diversified Royalty's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Diversified Royalty'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.


Diversified Royalty's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Diversified Royalty 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, Diversified Royalty'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)
=0.113/125.4675*125.4675
=0.113

Current CPI (Dec. 2023) = 125.4675.

Diversified Royalty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.004 99.394 0.005
201412 0.051 98.367 0.065
201503 0.042 99.789 0.053
201506 0.050 100.500 0.062
201509 0.064 100.421 0.080
201512 0.065 99.947 0.082
201603 0.062 101.054 0.077
201606 0.066 102.002 0.081
201609 0.064 101.765 0.079
201612 0.057 101.449 0.070
201703 0.039 102.634 0.048
201706 0.043 103.029 0.052
201709 0.050 103.345 0.061
201712 0.064 103.345 0.078
201803 0.056 105.004 0.067
201806 0.063 105.557 0.075
201809 0.062 105.636 0.074
201812 0.066 105.399 0.079
201903 0.059 106.979 0.069
201906 0.069 107.690 0.080
201909 0.074 107.611 0.086
201912 0.076 107.769 0.088
202003 0.064 107.927 0.074
202006 0.052 108.401 0.060
202009 0.066 108.164 0.077
202012 0.074 108.559 0.086
202103 0.062 110.298 0.071
202106 0.075 111.720 0.084
202109 0.073 112.905 0.081
202112 0.061 113.774 0.067
202203 0.065 117.646 0.069
202206 0.077 120.806 0.080
202209 0.093 120.648 0.097
202212 0.090 120.964 0.093
202303 0.086 122.702 0.088
202306 0.090 124.203 0.091
202309 0.094 125.230 0.094
202312 0.113 125.468 0.113

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


Diversified Royalty  (TSX:DIV) 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.

Diversified Royalty's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.80/0.3
=9.33

* 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 Diversified Royalty was 12.00. The lowest was 2.54. And the median was 5.35.


Be Aware

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


Diversified Royalty Cyclically Adjusted Revenue per Share Related Terms

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


Diversified Royalty (TSX:DIV) Business Description

Industry
Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.