GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Costamare Inc (STU:LCM) » Definitions » Cyclically Adjusted Revenue per Share

Costamare (STU:LCM) Cyclically Adjusted Revenue per Share : €6.42 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Costamare 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.

Costamare's adjusted revenue per share for the three months ended in Dec. 2023 was €3.845. 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 €6.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Costamare's average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Costamare was 8.60% per year. The lowest was -2.00% per year. And the median was 2.30% per year.

As of today (2024-04-27), Costamare's current stock price is €10.88. Costamare's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €6.42. Costamare's Cyclically Adjusted PS Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Costamare was 2.86. The lowest was 0.61. And the median was 1.46.


Costamare Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Costamare'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.

Costamare Cyclically Adjusted Revenue per Share Chart

Costamare 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 5.42 4.32 5.14 6.05 6.42

Costamare 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 6.05 6.11 6.24 6.50 6.42

Competitive Comparison of Costamare's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Costamare'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.


Costamare's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Costamare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Costamare 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, Costamare'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)
=3.845/129.4194*129.4194
=3.845

Current CPI (Dec. 2023) = 129.4194.

Costamare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.111 99.695 1.442
201406 1.215 100.560 1.564
201409 1.294 100.428 1.668
201412 1.310 99.070 1.711
201503 1.493 99.621 1.940
201506 1.465 100.684 1.883
201509 1.472 100.392 1.898
201512 1.492 99.792 1.935
201603 1.432 100.470 1.845
201606 1.408 101.688 1.792
201609 1.378 101.861 1.751
201612 1.281 101.863 1.628
201703 1.084 102.862 1.364
201706 0.967 103.349 1.211
201709 0.798 104.136 0.992
201712 0.789 104.011 0.982
201803 0.691 105.290 0.849
201806 0.706 106.317 0.859
201809 0.702 106.507 0.853
201812 0.833 105.998 1.017
201903 0.885 107.251 1.068
201906 0.885 108.070 1.060
201909 0.959 108.329 1.146
201912 0.943 108.420 1.126
202003 0.919 108.902 1.092
202006 0.826 108.767 0.983
202009 0.757 109.815 0.892
202012 0.804 109.897 0.947
202103 0.870 111.754 1.008
202106 1.127 114.631 1.272
202109 1.491 115.734 1.667
202112 2.031 117.630 2.235
202203 1.960 121.301 2.091
202206 2.214 125.017 2.292
202209 2.407 125.227 2.488
202212 2.054 125.222 2.123
202303 1.896 127.348 1.927
202306 2.766 128.729 2.781
202309 3.178 129.860 3.167
202312 3.845 129.419 3.845

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


Costamare  (STU:LCM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.88/6.42
=1.69

* 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 Costamare was 2.86. The lowest was 0.61. And the median was 1.46.


Be Aware

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


Costamare Cyclically Adjusted Revenue per Share Related Terms

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


Costamare (STU:LCM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Costamare Inc (STU:LCM) » Definitions » Cyclically Adjusted Revenue per Share
Address
7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.

Costamare (STU:LCM) Headlines

No Headlines