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Acuity Brands (STU:AQ8) Cyclically Adjusted Revenue per Share : €97.61 (As of Feb. 2024)


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What is Acuity 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.

Acuity Brands's adjusted revenue per share for the three months ended in Feb. 2024 was €26.745. 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 €97.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Acuity Brands's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% 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 Acuity Brands was 12.40% per year. The lowest was -0.60% per year. And the median was 8.20% per year.

As of today (2024-05-24), Acuity Brands's current stock price is €240.00. Acuity Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €97.61. Acuity Brands's Cyclically Adjusted PS Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Acuity Brands was 5.39. The lowest was 1.07. And the median was 2.24.


Acuity Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Acuity 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.

Acuity Brands Cyclically Adjusted Revenue per Share Chart

Acuity Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.80 61.46 68.94 94.26 95.23

Acuity Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 91.60 95.56 95.23 94.84 97.61

Competitive Comparison of Acuity Brands's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Acuity 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.


Acuity Brands's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acuity Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Acuity 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, Acuity Brands's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=26.745/130.9299*130.9299
=26.745

Current CPI (Feb. 2024) = 130.9299.

Acuity Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 10.200 100.373 13.305
201408 11.652 100.352 15.202
201411 11.991 99.635 15.757
201502 12.507 99.032 16.536
201505 14.067 100.333 18.357
201508 15.715 100.548 20.463
201511 15.746 100.135 20.589
201602 16.018 100.040 20.964
201605 17.186 101.355 22.201
201608 18.718 101.617 24.118
201611 17.933 101.829 23.058
201702 17.173 102.779 21.877
201705 18.635 103.256 23.630
201708 19.266 103.587 24.351
201711 17.056 104.072 21.458
201802 16.241 105.052 20.242
201805 19.719 106.148 24.323
201808 22.918 106.383 28.206
201811 20.466 106.338 25.199
201902 19.008 106.649 23.336
201905 21.285 108.048 25.793
201908 21.351 108.245 25.826
201911 19.076 108.519 23.016
202002 19.038 109.139 22.839
202005 17.929 108.175 21.700
202008 19.156 109.662 22.871
202011 17.726 109.793 21.138
202102 17.742 110.968 20.934
202105 20.455 113.576 23.580
202108 23.559 115.421 26.725
202111 22.827 117.269 25.486
202202 22.648 119.703 24.772
202205 29.133 123.323 30.930
202208 32.831 124.958 34.400
202211 29.933 125.607 31.201
202302 27.213 126.928 28.071
202305 28.749 128.314 29.335
202308 29.343 129.538 29.658
202311 27.536 129.548 27.830
202402 26.745 130.930 26.745

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


Acuity Brands  (STU:AQ8) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=240.00/97.61
=2.46

* 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 Acuity Brands was 5.39. The lowest was 1.07. And the median was 2.24.


Be Aware

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


Acuity Brands Cyclically Adjusted Revenue per Share Related Terms

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


Acuity Brands (STU:AQ8) Business Description

Industry
Traded in Other Exchanges
Address
1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, USA, 30309
Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.

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