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MYR Group (FRA:MYP) Cyclically Adjusted Revenue per Share : €123.54 (As of Mar. 2024)


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What is MYR Group 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.

MYR Group's adjusted revenue per share for the three months ended in Mar. 2024 was €44.564. 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 €123.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MYR Group's average Cyclically Adjusted Revenue Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 18.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% 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 MYR Group was 29.30% per year. The lowest was 6.10% per year. And the median was 14.60% per year.

As of today (2024-05-20), MYR Group's current stock price is €139.00. MYR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €123.54. MYR Group's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MYR Group was 1.36. The lowest was 0.30. And the median was 0.71.


MYR Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for MYR Group'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.

MYR Group Cyclically Adjusted Revenue per Share Chart

MYR Group 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 57.17 60.53 78.75 102.62 116.62

MYR Group 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 101.59 108.93 119.46 116.62 123.54

Competitive Comparison of MYR Group's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, MYR Group'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.


MYR Group's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



MYR Group 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, MYR Group'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)
=44.564/131.7762*131.7762
=44.564

Current CPI (Mar. 2024) = 131.7762.

MYR Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.788 100.560 10.206
201409 8.959 100.428 11.756
201412 9.576 99.070 12.737
201503 10.716 99.621 14.175
201506 11.612 100.684 15.198
201509 11.334 100.392 14.877
201512 11.961 99.792 15.795
201603 11.600 100.470 15.214
201606 13.186 101.688 17.088
201609 15.601 101.861 20.183
201612 19.874 101.863 25.710
201703 17.057 102.862 21.852
201706 19.209 103.349 24.493
201709 19.022 104.136 24.071
201712 19.063 104.011 24.152
201803 16.967 105.290 21.235
201806 17.524 106.317 21.720
201809 20.589 106.507 25.474
201812 23.635 105.998 29.383
201903 24.869 107.251 30.556
201906 23.777 108.070 28.993
201909 31.683 108.329 38.540
201912 30.740 108.420 37.362
202003 28.026 108.902 33.913
202006 27.175 108.767 32.924
202009 30.571 109.815 36.685
202012 29.113 109.897 34.909
202103 29.198 111.754 34.429
202106 31.483 114.631 36.192
202109 30.212 115.734 34.400
202112 33.149 117.630 37.136
202203 33.739 121.301 36.653
202206 39.243 125.017 41.365
202209 47.935 125.227 50.442
202212 48.581 125.222 51.124
202303 45.058 127.348 46.625
202306 48.795 128.729 49.950
202309 52.308 129.860 53.080
202312 54.537 129.419 55.530
202403 44.564 131.776 44.564

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


MYR Group  (FRA:MYP) 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.

MYR Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=139.00/123.54
=1.13

* 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 MYR Group was 1.36. The lowest was 0.30. And the median was 0.71.


Be Aware

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


MYR Group Cyclically Adjusted Revenue per Share Related Terms

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


MYR Group (FRA:MYP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MYR Group Inc (FRA:MYP) » Definitions » Cyclically Adjusted Revenue per Share
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Address
12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

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