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MSTR (Strategy) Cyclically Adjusted Revenue per Share : $5.08 (As of Mar. 2025)


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What is Strategy 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.

Strategy's adjusted revenue per share for the three months ended in Mar. 2025 was $0.433. 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 $5.08 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Strategy's average Cyclically Adjusted Revenue Growth Rate was -5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Strategy was 10.20% per year. The lowest was -9.10% per year. And the median was 3.50% per year.

As of today (2025-06-27), Strategy's current stock price is $387.425. Strategy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $5.08. Strategy's Cyclically Adjusted PS Ratio of today is 76.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Strategy was 81.90. The lowest was 2.00. And the median was 4.28.


Strategy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Strategy'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.

Strategy Cyclically Adjusted Revenue per Share Chart

Strategy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 5.43 5.57 5.39 5.11

Strategy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.40 5.33 5.23 5.11 5.08

Competitive Comparison of Strategy's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Strategy'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.


Strategy's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Strategy 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, Strategy's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.433/134.9266*134.9266
=0.433

Current CPI (Mar. 2025) = 134.9266.

Strategy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.155 100.684 1.548
201509 1.118 100.392 1.503
201512 1.238 99.792 1.674
201603 1.037 100.470 1.393
201606 1.069 101.688 1.418
201609 1.127 101.861 1.493
201612 1.225 101.863 1.623
201703 1.054 102.862 1.383
201706 1.028 103.349 1.342
201709 1.096 104.136 1.420
201712 1.187 104.011 1.540
201803 1.070 105.290 1.371
201806 1.049 106.317 1.331
201809 1.059 106.507 1.342
201812 1.184 105.998 1.507
201903 1.117 107.251 1.405
201906 1.142 108.070 1.426
201909 1.161 108.329 1.446
201912 1.296 108.420 1.613
202003 1.111 108.902 1.377
202006 1.135 108.767 1.408
202009 1.325 109.815 1.628
202012 1.396 109.897 1.714
202103 1.274 111.754 1.538
202106 1.286 114.631 1.514
202109 1.280 115.734 1.492
202112 1.259 117.630 1.444
202203 1.057 121.301 1.176
202206 1.080 125.017 1.166
202209 1.109 125.227 1.195
202212 1.164 125.222 1.254
202303 0.836 127.348 0.886
202306 0.748 128.729 0.784
202309 0.910 129.860 0.946
202312 0.548 129.419 0.571
202403 0.670 131.776 0.686
202406 0.624 132.554 0.635
202409 0.588 133.029 0.596
202412 0.543 133.157 0.550
202503 0.433 134.927 0.433

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


Strategy  (NAS:MSTR) 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.

Strategy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=387.425/5.08
=76.26

* 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 Strategy was 81.90. The lowest was 2.00. And the median was 4.28.


Be Aware

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


Strategy Cyclically Adjusted Revenue per Share Related Terms

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


Strategy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Strategy (NAS:MSTR) » Definitions » Cyclically Adjusted Revenue per Share
Address
1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182
Strategy is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provide industry AI-powered enterprise analytics software.
Executives
Jarrod M Patten director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Andrew Kang officer: SEVP & CFO 5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Wei-ming Shao officer: SEVP & General Counsel MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Leslie J Rechan director 2207 BRIDGEPOINTE PARKWAY, SAN MATEO CA 94404
Phong Le officer: SEVP & CFO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jeanine Montgomery officer: Senior VP & CAO C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Stephen X Graham director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Michael J Saylor director, 10 percent owner, officer: Chairman and CEO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Timothy Edwin Lang officer: SEVP & CTO MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Kevin Adkisson officer: SEVP & CRO 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Lisa Mayr officer: SEVP & CFO C/O MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Robert H Epstein director 1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Kevin Norlin officer: SEVP, Worldwide Sales MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Margaret Anne Breya director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182

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