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International Business Machines (XBRU:IBMC) Cyclically Adjusted Revenue per Share : €0.00 (As of Mar. 2024)


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What is International Business Machines Cyclically Adjusted Revenue per Share?

Note: As Cyclically Adjusted Revenue per Share is a main component used to calculate Cyclically Adjusted PS Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

International Business Machines's adjusted revenue per share for the three months ended in Mar. 2024 was €13.335. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Business Machines's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 International Business Machines was 6.80% per year. The lowest was 0.30% per year. And the median was 4.70% per year.

As of today (2024-05-17), International Business Machines's current stock price is €134.00. International Business Machines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.00. International Business Machines's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of International Business Machines was 2.57. The lowest was 1.00. And the median was 1.56.


International Business Machines Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for International Business Machines'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.

International Business Machines Cyclically Adjusted Revenue per Share Chart

International Business Machines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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International Business Machines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of International Business Machines's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, International Business Machines'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.


International Business Machines's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



International Business Machines 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, International Business Machines's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.335/131.7762*131.7762
=13.335

Current CPI (Mar. 2024) = 131.7762.

International Business Machines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.609 100.560 23.075
201409 17.420 100.428 22.858
201412 19.601 99.070 26.072
201503 18.143 99.621 23.999
201506 18.588 100.684 24.328
201509 17.218 100.392 22.601
201512 20.297 99.792 26.802
201603 16.817 100.470 22.057
201606 18.054 101.688 23.396
201609 17.171 101.861 22.214
201612 20.686 101.863 26.761
201703 17.014 102.862 21.797
201706 17.207 103.349 21.940
201709 16.106 104.136 20.381
201712 19.093 104.011 24.190
201803 15.502 105.290 19.402
201806 17.162 106.317 21.272
201809 16.111 106.507 19.933
201812 19.172 105.998 23.835
201903 16.127 107.251 19.815
201906 16.997 108.070 20.726
201909 16.406 108.329 19.957
201912 2.114 108.420 2.569
202003 15.938 108.902 19.286
202006 16.130 108.767 19.542
202009 14.944 109.815 17.933
202012 1.587 109.897 1.903
202103 11.103 111.754 13.092
202106 11.828 114.631 13.597
202109 11.289 115.734 12.854
202112 14.808 117.630 16.589
202203 12.921 121.301 14.037
202206 14.730 125.017 15.526
202209 14.280 125.227 15.027
202212 15.793 125.222 16.620
202303 13.342 127.348 13.806
202306 14.316 128.729 14.655
202309 13.854 129.860 14.058
202312 15.974 129.419 16.265
202403 13.335 131.776 13.335

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


International Business Machines  (XBRU:IBMC) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of International Business Machines was 2.57. The lowest was 1.00. And the median was 1.56.


Be Aware

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


International Business Machines Cyclically Adjusted Revenue per Share Related Terms

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


International Business Machines (XBRU:IBMC) Business Description

Address
One New Orchard Road, Armonk, NY, USA, 10504
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

International Business Machines (XBRU:IBMC) Headlines

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