GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mediobanca SpA (WBO:MB) » Definitions » Cyclically Adjusted Revenue per Share

Mediobanca SpA (WBO:MB) Cyclically Adjusted Revenue per Share : €2.67 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Mediobanca SpA 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.

Mediobanca SpA's adjusted revenue per share for the three months ended in Dec. 2023 was €1.022. 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 €2.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mediobanca SpA's average Cyclically Adjusted Revenue Growth Rate was 13.60% 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.

As of today (2024-05-16), Mediobanca SpA's current stock price is €14.99. Mediobanca SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.67. Mediobanca SpA's Cyclically Adjusted PS Ratio of today is 5.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mediobanca SpA was 5.69. The lowest was 3.39. And the median was 4.21.


Mediobanca SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mediobanca SpA'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.

Mediobanca SpA Cyclically Adjusted Revenue per Share Chart

Mediobanca SpA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.29 2.58

Mediobanca SpA Quarterly Data
Dec15 Mar16 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 2.34 2.51 2.58 2.62 2.67

Competitive Comparison of Mediobanca SpA's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Mediobanca SpA'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.


Mediobanca SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mediobanca SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mediobanca SpA 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, Mediobanca SpA'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)
=1.022/119.7000*119.7000
=1.022

Current CPI (Dec. 2023) = 119.7000.

Mediobanca SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.709 93.755 0.905
201103 0.177 94.791 0.224
201106 0.730 95.442 0.916
201109 0.389 96.000 0.485
201112 0.494 96.837 0.611
201203 0.546 97.954 0.667
201206 0.379 98.605 0.460
201209 0.485 99.070 0.586
201212 0.533 99.070 0.644
201303 0.499 99.535 0.600
201306 0.284 99.814 0.341
201309 0.529 100.000 0.633
201312 0.561 99.721 0.673
201403 0.511 99.907 0.612
201406 0.262 100.093 0.313
201409 0.559 99.814 0.670
201412 0.522 99.721 0.627
201503 0.709 99.814 0.850
201506 0.502 100.279 0.599
201509 0.503 100.000 0.602
201512 0.650 99.814 0.779
201603 0.458 99.600 0.550
201606 0.644 99.900 0.772
201612 0.000 100.300 0.000
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.000 102.600 0.000
202106 0.000 104.200 0.000
202112 0.000 106.600 0.000
202206 0.725 112.500 0.771
202209 0.792 114.200 0.830
202212 0.961 119.000 0.967
202306 0.859 119.700 0.859
202309 0.844 120.300 0.840
202312 1.022 119.700 1.022

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


Mediobanca SpA  (WBO:MB) 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.

Mediobanca SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.99/2.67
=5.61

* 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 Mediobanca SpA was 5.69. The lowest was 3.39. And the median was 4.21.


Be Aware

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


Mediobanca SpA Cyclically Adjusted Revenue per Share Related Terms

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


Mediobanca SpA (WBO:MB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mediobanca SpA (WBO:MB) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
Piazzetta Enrico Cuccia 1, Milan, ITA, 20121
Mediobanca SpA is an Italian banking group that was founded as a pure investment bank. It has three operating units: corporate and investment banking, consumer finance, and wealth management. Historically, Mediobanca had a majority portfolio of equity investments in some of its clients. After a period of aggressively selling assets in its principal investments division, its stake in Italy's insurer, Generali, now makes by far the bulk of Mediobanca's principal investments portfolio.

Mediobanca SpA (WBO:MB) Headlines

From GuruFocus

MINDBODY Announces Schedule of Upcoming Investor Conferences

By Marketwired Marketwired 11-08-2018