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VEON (VEON) Cyclically Adjusted Revenue per Share : $162.83 (As of Jun. 2023)


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What is VEON 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.

VEON's adjusted revenue per share for the three months ended in Jun. 2023 was $12.824. 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 $162.83 for the trailing ten years ended in Jun. 2023.

During the past 12 months, VEON's average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.80% 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 VEON was -5.80% per year. The lowest was -6.00% per year. And the median was -5.90% per year.

As of today (2024-05-15), VEON's current stock price is $25.60. VEON's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was $162.83. VEON's Cyclically Adjusted PS Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VEON was 0.40. The lowest was 0.08. And the median was 0.21.


VEON Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for VEON'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.

VEON Cyclically Adjusted Revenue per Share Chart

VEON 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 204.84 190.50 167.85 150.20 -

VEON Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 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 167.85 116.77 150.20 162.83 -

Competitive Comparison of VEON's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, VEON'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.


VEON's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, VEON's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VEON 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, VEON's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=12.824/125.8300*125.8300
=12.824

Current CPI (Jun. 2023) = 125.8300.

VEON Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 91.866 96.760 119.466
201303 86.323 98.580 110.185
201306 81.732 98.320 104.601
201309 81.296 99.080 103.245
201312 -14.700 98.360 -18.805
201403 71.843 99.390 90.955
201406 72.427 99.240 91.833
201409 50.669 99.960 63.782
201412 42.463 99.050 53.944
201503 33.055 99.750 41.697
201506 36.735 100.230 46.118
201509 34.626 100.500 43.353
201512 32.070 99.730 40.463
201603 28.831 100.310 36.166
201606 31.431 100.260 39.447
201609 33.160 100.570 41.489
201612 33.838 100.710 42.278
201703 32.602 101.440 40.441
201706 34.777 101.370 43.168
201709 37.052 102.030 45.695
201712 40.579 101.970 50.074
201803 30.134 102.470 37.004
201806 31.972 103.100 39.021
201809 33.197 103.950 40.184
201812 33.209 103.970 40.191
201903 30.036 105.370 35.868
201906 32.300 105.840 38.401
201909 31.771 106.700 37.467
201912 21.643 106.800 25.499
202003 29.125 106.850 34.299
202006 27.289 107.510 31.939
202009 25.671 107.880 29.942
202012 -29.049 107.850 -33.892
202103 26.775 108.870 30.946
202106 28.530 109.670 32.734
202109 31.112 110.790 35.336
202112 -27.952 114.010 -30.850
202206 14.074 119.050 14.876
202212 13.345 124.940 13.440
202306 12.824 125.830 12.824

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


VEON  (NAS:VEON) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.60/162.83
=0.16

* 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 VEON was 0.40. The lowest was 0.08. And the median was 0.21.


Be Aware

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


VEON Cyclically Adjusted Revenue per Share Related Terms

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


VEON (VEON) Business Description

Traded in Other Exchanges
Address
Claude Debussylaan 88, Amsterdam, NLD, 1082 MD
VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.