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Cavco Industries (Cavco Industries) Cyclically Adjusted Revenue per Share : $142.99 (As of Dec. 2023)


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What is Cavco Industries 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.

Cavco Industries's adjusted revenue per share for the three months ended in Dec. 2023 was $52.985. 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 $142.99 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cavco Industries's average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.80% 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 Cavco Industries was 17.50% per year. The lowest was 12.30% per year. And the median was 15.15% per year.

As of today (2024-04-29), Cavco Industries's current stock price is $370.92. Cavco Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $142.99. Cavco Industries's Cyclically Adjusted PS Ratio of today is 2.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cavco Industries was 4.05. The lowest was 1.34. And the median was 2.14.


Cavco Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cavco Industries'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.

Cavco Industries Cyclically Adjusted Revenue per Share Chart

Cavco Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.51 80.99 92.16 110.05 131.44

Cavco Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 125.89 131.44 135.82 140.19 142.99

Competitive Comparison of Cavco Industries's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, Cavco Industries'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.


Cavco Industries's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cavco Industries 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, Cavco Industries's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=52.985/129.4194*129.4194
=52.985

Current CPI (Dec. 2023) = 129.4194.

Cavco Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.632 99.695 18.995
201406 15.442 100.560 19.874
201409 15.454 100.428 19.915
201412 16.295 99.070 21.287
201503 15.665 99.621 20.351
201506 17.923 100.684 23.038
201509 21.251 100.392 27.396
201512 20.014 99.792 25.956
201603 19.558 100.470 25.193
201606 20.379 101.688 25.937
201609 20.695 101.861 26.294
201612 22.225 101.863 28.237
201703 21.677 102.862 27.274
201706 22.573 103.349 28.267
201709 21.837 104.136 27.139
201712 24.024 104.011 29.893
201803 26.222 105.290 32.231
201806 26.589 106.317 32.367
201809 25.960 106.507 31.545
201812 25.210 105.998 30.780
201903 26.128 107.251 31.529
201906 28.644 108.070 34.303
201909 28.996 108.329 34.641
201912 29.451 108.420 35.155
202003 27.461 108.902 32.635
202006 27.501 108.767 32.723
202009 27.754 109.815 32.709
202012 31.064 109.897 36.582
202103 32.897 111.754 38.097
202106 35.617 114.631 40.212
202109 38.773 115.734 43.358
202112 46.571 117.630 51.239
202203 54.682 121.301 58.342
202206 65.451 125.017 67.756
202209 64.305 125.227 66.458
202212 56.021 125.222 57.899
202303 54.196 127.348 55.078
202306 54.336 128.729 54.628
202309 51.773 129.860 51.598
202312 52.985 129.419 52.985

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


Cavco Industries  (NAS:CVCO) 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.

Cavco Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=370.92/142.99
=2.59

* 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 Cavco Industries was 4.05. The lowest was 1.34. And the median was 2.14.


Be Aware

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


Cavco Industries Cyclically Adjusted Revenue per Share Related Terms

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


Cavco Industries (Cavco Industries) Business Description

Traded in Other Exchanges
N/A
Address
3636 North Central Avenue, Suite 1200, Phoenix, AZ, USA, 85012
Cavco Industries Inc designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. The company operates principally in two segments: Factory-built housing, which includes wholesale and retail systems-built housing operations and financial services, which includes manufactured housing consumer finance and insurance. Cavco received most of its revenues from the Factory-built housing segment.
Executives
Steven K. Like officer: Senior Vice President 1001 N. CENTRAL AVENUE, SUITE 800, PHOENIX AZ 85004
Steven G Bunger director
Jack S Brandom officer: President, Financial Services C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Gavin Ryan officer: See remarks 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
David A. Greenblatt director 4218 BEECHWOOD LANE, DALLAS TX 75220-1908
Rogers Colleen J officer: SVP, Marketing and Comm. C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Allison Aden officer: EVP and CFO C/O PROFIT RECOVERY GROUP INTERNATIONAL, 2300 WINDY RIDGE PARKWAY SUITE 100, ATLANTA GA 30339
Matthew A Nino officer: President, Retail C/O 3636 N CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Brian R Cira officer: President,Manufactured Housing C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Anthony Crutcher officer: Chief Information Officer C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Paul Bigbee officer: Chief Accounting Officer C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Steven W Moster director 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Simone Reynolds officer: Sr. VP & CHRO C/O 3636 N CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Lyle D Zeller officer: See Remarks 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012

Cavco Industries (Cavco Industries) Headlines

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