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Vonovia SE (WBO:VNA) Cyclically Adjusted Revenue per Share : €5.59 (As of Dec. 2023)


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What is Vonovia SE 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.

Vonovia SE's adjusted revenue per share for the three months ended in Dec. 2023 was €0.997. 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 €5.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vonovia SE's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 Vonovia SE was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-05-01), Vonovia SE's current stock price is €26.15. Vonovia SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €5.59. Vonovia SE's Cyclically Adjusted PS Ratio of today is 4.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vonovia SE was 11.67. The lowest was 3.24. And the median was 7.42.


Vonovia SE Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vonovia SE'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.

Vonovia SE Cyclically Adjusted Revenue per Share Chart

Vonovia SE 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 - 4.10 4.45 5.11 5.59

Vonovia SE 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 5.11 5.30 5.44 5.58 5.59

Competitive Comparison of Vonovia SE's Cyclically Adjusted Revenue per Share

For the Real Estate Services subindustry, Vonovia SE'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.


Vonovia SE's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vonovia SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vonovia SE 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, Vonovia SE'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)
=0.997/123.6675*123.6675
=0.997

Current CPI (Dec. 2023) = 123.6675.

Vonovia SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.762 99.543 0.947
201406 0.804 99.543 0.999
201409 0.787 99.823 0.975
201412 0.740 99.543 0.919
201503 0.818 99.717 1.014
201506 1.249 100.417 1.538
201509 0.953 100.417 1.174
201512 0.971 99.717 1.204
201603 0.953 100.017 1.178
201606 0.984 100.717 1.208
201609 0.900 101.017 1.102
201612 0.933 101.217 1.140
201703 1.014 101.417 1.236
201706 1.007 102.117 1.220
201709 0.987 102.717 1.188
201712 0.986 102.617 1.188
201803 0.982 102.917 1.180
201806 1.197 104.017 1.423
201809 1.276 104.718 1.507
201812 1.245 104.217 1.477
201903 1.097 104.217 1.302
201906 1.152 105.718 1.348
201909 1.146 106.018 1.337
201912 1.338 105.818 1.564
202003 1.190 105.718 1.392
202006 1.229 106.618 1.426
202009 1.230 105.818 1.437
202012 1.301 105.518 1.525
202103 1.246 107.518 1.433
202106 1.493 108.486 1.702
202109 1.535 109.435 1.735
202112 1.523 110.384 1.706
202203 1.557 113.968 1.690
202206 1.824 115.760 1.949
202209 1.897 118.818 1.974
202212 1.559 119.345 1.615
202303 1.766 122.402 1.784
202306 1.876 123.140 1.884
202309 1.778 124.195 1.770
202312 0.997 123.668 0.997

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


Vonovia SE  (WBO:VNA) 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.

Vonovia SE's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.15/5.59
=4.68

* 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 Vonovia SE was 11.67. The lowest was 3.24. And the median was 7.42.


Be Aware

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


Vonovia SE Cyclically Adjusted Revenue per Share Related Terms

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


Vonovia SE (WBO:VNA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vonovia SE (WBO:VNA) » Definitions » Cyclically Adjusted Revenue per Share
Address
Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia's sales activities include managing its portfolio and real estate sales from any of its subportfolios.

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