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Neste OYJ (OHEL:NESTE) Cyclically Adjusted Revenue per Share : €23.40 (As of Mar. 2024)


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What is Neste OYJ 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.

Neste OYJ's adjusted revenue per share for the three months ended in Mar. 2024 was €6.248. 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 €23.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Neste OYJ's average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Neste OYJ was 6.30% per year. The lowest was 1.90% per year. And the median was 4.40% per year.

As of today (2024-04-28), Neste OYJ's current stock price is €22.16. Neste OYJ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.40. Neste OYJ's Cyclically Adjusted PS Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Neste OYJ was 3.22. The lowest was 0.95. And the median was 1.75.


Neste OYJ Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Neste OYJ'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.

Neste OYJ Cyclically Adjusted Revenue per Share Chart

Neste OYJ 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 19.61 19.45 19.86 22.32 23.33

Neste OYJ Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.80 23.06 23.21 23.33 23.40

Competitive Comparison of Neste OYJ's Cyclically Adjusted Revenue per Share

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Neste OYJ 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, Neste OYJ'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)
=6.248/121.2200*121.2200
=6.248

Current CPI (Mar. 2024) = 121.2200.

Neste OYJ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.347 100.147 6.472
201409 5.015 100.726 6.035
201412 4.577 100.229 5.536
201503 3.580 100.120 4.334
201506 3.398 100.030 4.118
201509 3.943 100.130 4.773
201512 3.552 99.990 4.306
201603 3.007 100.080 3.642
201606 3.816 100.390 4.608
201609 3.955 100.540 4.769
201612 4.409 101.020 5.291
201703 4.003 100.910 4.809
201706 4.285 101.140 5.136
201709 4.208 101.320 5.034
201712 4.693 101.510 5.604
201803 4.729 101.730 5.635
201806 4.881 102.320 5.783
201809 5.086 102.600 6.009
201812 4.770 102.710 5.630
201903 4.911 102.870 5.787
201906 5.244 103.360 6.150
201909 5.194 103.540 6.081
201912 5.370 103.650 6.280
202003 4.259 103.490 4.989
202006 3.376 103.320 3.961
202009 3.747 103.710 4.380
202012 3.929 103.890 4.584
202103 4.080 104.870 4.716
202106 3.908 105.360 4.496
202109 5.241 106.290 5.977
202112 6.459 107.490 7.284
202203 7.190 110.950 7.856
202206 9.151 113.570 9.767
202209 8.572 114.920 9.042
202212 8.545 117.320 8.829
202303 6.899 119.750 6.984
202306 7.052 120.690 7.083
202309 7.775 121.280 7.771
202312 8.207 121.220 8.207
202403 6.248 121.220 6.248

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


Neste OYJ  (OHEL:NESTE) 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.

Neste OYJ's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.16/23.4
=0.95

* 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 Neste OYJ was 3.22. The lowest was 0.95. And the median was 1.75.


Be Aware

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


Neste OYJ Cyclically Adjusted Revenue per Share Related Terms

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


Neste OYJ (OHEL:NESTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Neste OYJ (OHEL:NESTE) » Definitions » Cyclically Adjusted Revenue per Share
Address
Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.

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