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M.D.C. Holdings (M.D.C. Holdings) Cyclically Adjusted Revenue per Share : $56.92 (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 $17.690. 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 $56.92 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 (2024-05-15), M.D.C. Holdings's current stock price is $62.98. M.D.C. Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $56.92. M.D.C. Holdings's Cyclically Adjusted PS Ratio of today is 1.11.

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 31.77 35.89 44.10 52.40 56.92

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 52.40 54.02 55.28 56.31 56.92

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)
=17.69/129.4194*129.4194
=17.690

Current CPI (Dec. 2023) = 129.4194.

M.D.C. Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.072 99.695 6.584
201406 6.852 100.560 8.818
201409 6.478 100.428 8.348
201412 7.835 99.070 10.235
201503 6.008 99.621 7.805
201506 7.299 100.684 9.382
201509 7.218 100.392 9.305
201512 8.947 99.792 11.603
201603 6.313 100.470 8.132
201606 9.088 101.688 11.566
201609 9.185 101.861 11.670
201612 11.264 101.863 14.311
201703 8.951 102.862 11.262
201706 10.112 103.349 12.663
201709 9.112 104.136 11.324
201712 10.645 104.011 13.245
201803 9.444 105.290 11.608
201806 11.588 106.317 14.106
201809 11.770 106.507 14.302
201812 13.055 105.998 15.940
201903 9.814 107.251 11.843
201906 10.988 108.070 13.159
201909 11.184 108.329 13.361
201912 15.799 108.420 18.859
202003 10.253 108.902 12.185
202006 13.289 108.767 15.812
202009 14.592 109.815 17.197
202012 16.968 109.897 19.982
202103 14.932 111.754 17.292
202106 19.268 114.631 21.754
202109 17.868 115.734 19.981
202112 20.051 117.630 22.061
202203 17.407 121.301 18.572
202206 20.404 125.017 21.123
202209 19.823 125.227 20.487
202212 20.788 125.222 21.485
202303 14.178 127.348 14.409
202306 15.157 128.729 15.238
202309 14.568 129.860 14.519
202312 17.690 129.419 17.690

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


M.D.C. Holdings  (NYSE:MDC) 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
=62.98/56.92
=1.11

* 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 (M.D.C. Holdings) 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.
Executives
David E Blackford director ONE SOUTH MAIN, SUITE 1134, SALT LAKE CITY UT 84111
Reece Paris G Iii officer: Exec. Vice Pres and CFO 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Robert Nathaniel Martin officer: SVP and CFO 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Larry A Mizel 10 percent owner 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Michael A Berman director 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Raymond T Baker director 2401 21ST AVENUE SOUTH, NASHVILLE TN 37212
David D Mandarich director, officer: President, COO and Director 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Herbert T Buchwald director 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Derek R Kimmerle officer: Chief Accounting Officer 31475 UPPER BEAR CREEK ROAD, EVERGREEN CO 80439
Rafay Farooqui director 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
Michael L. Kaplan officer: Sr. VP and General Counsel M.D.C. HOLDINGS, INC., 4350 S. MONACO STREET, SUITE 500, DENVER CO 80237
David Siegel director 4350 SOUTH MONACO STREET, SUITE 500, DENVER CO 80237
Janice Sinden director 828 FAIRFAX STREET, DENVER CO 80220
Mizel Courtney L. director 9301 SAWYER STREET, LOS ANGELES CA 90035
Leslie B Fox director 5511 E. CARON STREET, PARADISE VALLEY AZ 85253