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VF (WBO:VFC) Cyclically Adjusted Revenue per Share : €29.24 (As of Mar. 2024)


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What is VF 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.

VF's adjusted revenue per share for the three months ended in Mar. 2024 was €5.621. 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 €29.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, VF's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 VF was 10.60% per year. The lowest was -0.60% per year. And the median was 5.30% per year.

As of today (2024-05-29), VF's current stock price is €11.68. VF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.24. VF's Cyclically Adjusted PS Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of VF was 3.87. The lowest was 0.38. And the median was 2.52.


VF Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for VF'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.

VF Cyclically Adjusted Revenue per Share Chart

VF Annual Data
Trend Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.56 23.32 27.29 28.14 29.24

VF 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 28.14 28.60 29.76 28.59 29.24

Competitive Comparison of VF's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, VF'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.


VF's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VF 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, VF'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)
=5.621/131.7762*131.7762
=5.621

Current CPI (Mar. 2024) = 131.7762.

VF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.044 100.560 5.299
201409 6.243 100.428 8.192
201412 5.863 99.070 7.799
201503 6.039 99.621 7.988
201506 5.021 100.684 6.572
201509 7.289 100.392 9.568
201512 4.866 99.792 6.426
201603 5.513 100.470 7.231
201606 4.893 101.688 6.341
201609 7.072 101.861 9.149
201612 6.224 101.863 8.052
201703 5.803 102.862 7.434
201706 5.243 103.349 6.685
201709 7.408 104.136 9.374
201712 -0.117 104.011 -0.148
201803 6.155 105.290 7.703
201806 5.973 106.317 7.403
201809 8.331 106.507 10.308
201812 8.664 105.998 10.771
201903 -0.814 107.251 -1.000
201906 4.515 108.070 5.505
201909 7.177 108.329 8.730
201912 7.095 108.420 8.623
202003 4.814 108.902 5.825
202006 2.446 108.767 2.963
202009 5.661 109.815 6.793
202012 6.218 109.897 7.456
202103 5.511 111.754 6.498
202106 4.622 114.631 5.313
202109 6.899 115.734 7.855
202112 8.172 117.630 9.155
202203 6.593 121.301 7.162
202206 5.520 125.017 5.818
202209 8.026 125.227 8.446
202212 8.586 125.222 9.035
202303 6.588 127.348 6.817
202306 4.961 128.729 5.078
202309 7.321 129.860 7.429
202312 6.989 129.419 7.116
202403 5.621 131.776 5.621

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


VF  (WBO:VFC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.68/29.24
=0.40

* 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 VF was 3.87. The lowest was 0.38. And the median was 2.52.


Be Aware

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


VF Cyclically Adjusted Revenue per Share Related Terms

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


VF (WBO:VFC) Business Description

Address
1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Supreme, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. The company has grown through multiple acquisitions and traces its roots to 1899.