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Ashtead Group (STU:0LC) Cyclically Adjusted Revenue per Share : €13.57 (As of Jan. 2024)


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What is Ashtead 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.

Ashtead Group's adjusted revenue per share for the three months ended in Jan. 2024 was €5.557. 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 €13.57 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Ashtead Group's average Cyclically Adjusted Revenue Growth Rate was 19.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.90% 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 Ashtead Group was 22.60% per year. The lowest was 14.00% per year. And the median was 18.50% per year.

As of today (2024-05-26), Ashtead Group's current stock price is €66.00. Ashtead Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €13.57. Ashtead Group's Cyclically Adjusted PS Ratio of today is 4.86.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ashtead Group was 8.88. The lowest was 2.67. And the median was 4.68.


Ashtead Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ashtead 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.

Ashtead Group Cyclically Adjusted Revenue per Share Chart

Ashtead Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 6.54 7.52 9.61 11.55

Ashtead Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 10.94 11.55 11.98 12.75 13.57

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

For the Rental & Leasing Services subindustry, Ashtead 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.


Ashtead Group's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Ashtead 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, Ashtead Group's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.557/130.0000*130.0000
=5.557

Current CPI (Jan. 2024) = 130.0000.

Ashtead Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.986 99.600 1.287
201407 1.131 99.600 1.476
201410 1.325 100.100 1.721
201501 1.320 99.200 1.730
201504 1.622 99.900 2.111
201507 1.741 100.000 2.263
201510 1.771 100.300 2.295
201601 1.596 99.900 2.077
201604 1.827 100.600 2.361
201607 1.681 100.900 2.166
201610 1.870 101.600 2.393
201701 1.892 101.800 2.416
201704 2.194 103.200 2.764
201707 2.007 103.500 2.521
201710 2.293 104.400 2.855
201801 2.126 104.500 2.645
201804 1.843 105.500 2.271
201807 2.404 105.900 2.951
201810 2.743 106.700 3.342
201901 2.742 106.400 3.350
201904 2.574 107.600 3.110
201907 2.972 108.000 3.577
201910 3.554 108.300 4.266
202001 3.232 108.300 3.880
202004 2.375 108.600 2.843
202007 2.915 109.200 3.470
202010 3.320 109.200 3.952
202101 2.964 109.300 3.525
202104 3.268 110.400 3.848
202107 3.492 111.400 4.075
202110 3.916 113.400 4.489
202201 3.962 114.600 4.494
202204 4.315 119.000 4.714
202207 5.014 121.200 5.378
202210 5.828 124.300 6.095
202301 5.108 124.800 5.321
202304 5.064 128.300 5.131
202307 5.538 129.000 5.581
202310 6.203 130.200 6.193
202401 5.557 130.000 5.557

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


Ashtead Group  (STU:0LC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=66.00/13.57
=4.86

* 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 Ashtead Group was 8.88. The lowest was 2.67. And the median was 4.68.


Be Aware

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


Ashtead Group Cyclically Adjusted Revenue per Share Related Terms

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


Ashtead Group (STU:0LC) Business Description

Industry
Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

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