GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Software Inc (TSX:CSU) » Definitions » Cyclically Adjusted Revenue per Share

Constellation Software (TSX:CSU) Cyclically Adjusted Revenue per Share : C$345.31 (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

What is Constellation Software 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.

Constellation Software's adjusted revenue per share for the three months ended in Mar. 2025 was C$179.721. 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 C$345.31 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Constellation Software's average Cyclically Adjusted Revenue Growth Rate was 22.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 25.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 24.80% 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 Constellation Software was 29.80% per year. The lowest was 22.60% per year. And the median was 25.00% per year.

As of today (2025-07-08), Constellation Software's current stock price is C$4998.97. Constellation Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was C$345.31. Constellation Software's Cyclically Adjusted PS Ratio of today is 14.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Constellation Software was 15.30. The lowest was 8.48. And the median was 11.32.


Constellation Software Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Cyclically Adjusted Revenue per Share Chart

Constellation Software 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 134.08 166.87 213.45 266.80 325.95

Constellation Software 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 281.71 297.77 310.68 325.95 345.31

Competitive Comparison of Constellation Software's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Constellation Software'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.


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

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

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


;
;

Constellation Software 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, Constellation Software'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)
=179.721/129.1809*129.1809
=179.721

Current CPI (Mar. 2025) = 129.1809.

Constellation Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 25.878 100.500 33.263
201509 28.818 100.421 37.071
201512 33.102 99.947 42.784
201603 30.393 101.054 38.853
201606 32.166 102.002 40.737
201609 33.750 101.765 42.843
201612 35.487 101.449 45.188
201703 35.080 102.634 44.154
201706 37.647 103.029 47.203
201709 36.878 103.345 46.098
201712 41.430 103.345 51.788
201803 43.879 105.004 53.982
201806 46.574 105.557 56.997
201809 46.620 105.636 57.011
201812 52.750 105.399 64.652
201903 51.674 106.979 62.398
201906 53.113 107.690 63.712
201909 54.296 107.611 65.179
201912 59.345 107.769 71.136
202003 62.778 107.927 75.141
202006 58.961 108.401 70.263
202009 62.554 108.164 74.708
202012 65.943 108.559 78.469
202103 69.749 110.298 81.690
202106 71.964 111.720 83.212
202109 77.669 112.905 88.866
202112 83.594 113.774 94.914
202203 85.487 117.646 93.869
202206 97.758 120.806 104.535
202209 108.578 120.648 116.257
202212 118.465 120.964 126.512
202303 123.839 122.702 130.378
202306 127.832 124.203 132.955
202309 135.744 125.230 140.026
202312 146.935 125.072 151.762
202403 150.357 126.258 153.838
202406 159.672 127.522 161.750
202409 162.486 127.285 164.907
202412 181.718 127.364 184.311
202503 179.721 129.181 179.721

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


Constellation Software  (TSX:CSU) 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.

Constellation Software's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4998.97/345.31
=14.48

* 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 Constellation Software was 15.30. The lowest was 8.48. And the median was 11.32.


Be Aware

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


Constellation Software Cyclically Adjusted Revenue per Share Related Terms

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


Constellation Software Business Description

Industry
Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Constellation Software is a conglomerate that acquires, manages, and grows mission-critical vertical market software businesses. As of 2023, we estimate Constellation operates over 1,000 distinct software businesses in over 150 vertical markets globally, with no one business contributing materially to group earnings. The firm operates a highly decentralized model, where portfolio company management holds autonomy and accountability over operating decisions, and where small centralized teams provide financial and strategic guidance.
Executives
Mark Henri Leonard Director, Senior Officer
Jamal Nizam Baksh Senior Officer
Stephen Scotchmer Director
Mark Dennison Senior Officer
Bernard Anzarouth Senior Officer
Mark Robert Miller Director, Senior Officer
Robin Van Poelje Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Edward Billowits Senior Officer
Claire Marie Catherine Kennedy Director
Lawrence Cunningham Director
Barry Alan Symons Senior Officer
Laurie Mae Schultz Director
Steven Scotchmer Director
Brian Robert Beattie Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Constellation Software Headlines

No Headlines