GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Clarke Inc (TSX:CKI) » Definitions » Cyclically Adjusted Revenue per Share

Clarke (TSX:CKI) Cyclically Adjusted Revenue per Share : C$3.16 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Clarke 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.

Clarke's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.998. 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$3.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clarke's average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -9.60% 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 Clarke was 1.20% per year. The lowest was -15.10% per year. And the median was -10.70% per year.

As of today (2024-05-26), Clarke's current stock price is C$19.30. Clarke's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$3.16. Clarke's Cyclically Adjusted PS Ratio of today is 6.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Clarke was 8.09. The lowest was 0.29. And the median was 1.64.


Clarke Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Clarke'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.

Clarke Cyclically Adjusted Revenue per Share Chart

Clarke 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 3.62 3.00 2.23 2.78 3.11

Clarke 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 2.88 3.00 3.02 3.11 3.16

Competitive Comparison of Clarke's Cyclically Adjusted Revenue per Share

For the Lodging subindustry, Clarke'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.


Clarke's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Clarke 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, Clarke'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)
=0.998/126.2576*126.2576
=0.998

Current CPI (Mar. 2024) = 126.2576.

Clarke Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.129 99.473 1.433
201409 1.034 99.394 1.313
201412 -0.219 98.367 -0.281
201503 0.389 99.789 0.492
201506 0.025 100.500 0.031
201509 -1.068 100.421 -1.343
201512 0.596 99.947 0.753
201603 -0.197 101.054 -0.246
201606 0.464 102.002 0.574
201609 1.068 101.765 1.325
201612 0.814 101.449 1.013
201703 0.375 102.634 0.461
201706 0.126 103.029 0.154
201709 0.173 103.345 0.211
201712 0.215 103.345 0.263
201803 0.264 105.004 0.317
201806 0.220 105.557 0.263
201809 0.697 105.636 0.833
201812 -0.665 105.399 -0.797
201903 4.375 106.979 5.163
201906 1.535 107.690 1.800
201909 1.299 107.611 1.524
201912 1.189 107.769 1.393
202003 -2.603 107.927 -3.045
202006 0.791 108.401 0.921
202009 1.092 108.164 1.275
202012 1.664 108.559 1.935
202103 0.679 110.298 0.777
202106 0.650 111.720 0.735
202109 0.906 112.905 1.013
202112 1.040 113.774 1.154
202203 0.594 117.646 0.637
202206 0.937 120.806 0.979
202209 1.144 120.648 1.197
202212 1.234 120.964 1.288
202303 0.949 122.702 0.976
202306 1.155 124.203 1.174
202309 1.224 125.230 1.234
202312 1.679 125.072 1.695
202403 0.998 126.258 0.998

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


Clarke  (TSX:CKI) 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.

Clarke's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.30/3.16
=6.11

* 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 Clarke was 8.09. The lowest was 0.29. And the median was 1.64.


Be Aware

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


Clarke Cyclically Adjusted Revenue per Share Related Terms

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


Clarke (TSX:CKI) Business Description

Industry
Traded in Other Exchanges
Address
145 Hobsons Lake Drive, Suite 106, Halifax, NS, CAN, B3S 0H9
Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.
Executives
Sime Armoyan 10% Security Holder

Clarke (TSX:CKI) Headlines

No Headlines