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Topgolf Callaway Brands (FRA:CLY) Cyclically Adjusted Revenue per Share : €16.18 (As of Mar. 2024)


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What is Topgolf Callaway Brands 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.

Topgolf Callaway Brands's adjusted revenue per share for the three months ended in Mar. 2024 was €5.709. 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 €16.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Topgolf Callaway Brands's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 Topgolf Callaway Brands was 12.80% per year. The lowest was -4.40% per year. And the median was 3.20% per year.

As of today (2024-05-29), Topgolf Callaway Brands's current stock price is €13.92. Topgolf Callaway Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.18. Topgolf Callaway Brands's Cyclically Adjusted PS Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Topgolf Callaway Brands was 2.76. The lowest was 0.42. And the median was 1.09.


Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Topgolf Callaway Brands'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.

Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Chart

Topgolf Callaway Brands 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 11.15 10.69 12.45 14.36 15.54

Topgolf Callaway Brands 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 14.34 15.13 15.45 15.54 16.18

Competitive Comparison of Topgolf Callaway Brands's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Topgolf Callaway Brands'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.


Topgolf Callaway Brands's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topgolf Callaway Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Topgolf Callaway Brands 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, Topgolf Callaway Brands'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)
=5.709/131.7762*131.7762
=5.709

Current CPI (Mar. 2024) = 131.7762.

Topgolf Callaway Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.173 100.560 2.848
201409 1.685 100.428 2.211
201412 1.407 99.070 1.872
201503 2.797 99.621 3.700
201506 2.164 100.684 2.832
201509 1.867 100.392 2.451
201512 1.501 99.792 1.982
201603 2.579 100.470 3.383
201606 2.279 101.688 2.953
201609 1.779 101.861 2.301
201612 1.611 101.863 2.084
201703 3.010 102.862 3.856
201706 2.818 103.349 3.593
201709 2.110 104.136 2.670
201712 1.665 104.011 2.109
201803 3.370 105.290 4.218
201806 3.500 106.317 4.338
201809 2.313 106.507 2.862
201812 1.631 105.998 2.028
201903 4.738 107.251 5.821
201906 4.123 108.070 5.027
201909 4.019 108.329 4.889
201912 2.908 108.420 3.534
202003 4.183 108.902 5.062
202006 2.801 108.767 3.394
202009 4.179 109.815 5.015
202012 3.270 109.897 3.921
202103 4.393 111.754 5.180
202106 3.903 114.631 4.487
202109 3.914 115.734 4.457
202112 3.247 117.630 3.638
202203 4.704 121.301 5.110
202206 5.261 125.017 5.545
202209 4.947 125.227 5.206
202212 3.974 125.222 4.182
202303 5.411 127.348 5.599
202306 5.409 128.729 5.537
202309 4.846 129.860 4.918
202312 4.103 129.419 4.178
202403 5.709 131.776 5.709

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


Topgolf Callaway Brands  (FRA:CLY) 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.

Topgolf Callaway Brands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.92/16.18
=0.86

* 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 Topgolf Callaway Brands was 2.76. The lowest was 0.42. And the median was 1.09.


Be Aware

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


Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Related Terms

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Topgolf Callaway Brands (FRA:CLY) Business Description

Traded in Other Exchanges
Address
2180 Rutherford Road, Carlsbad, CA, USA, 92008
Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.

Topgolf Callaway Brands (FRA:CLY) Headlines

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