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Cummins (BSP:C1MI34) Cyclically Adjusted Revenue per Share : R$280.88 (As of Mar. 2025)


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What is Cummins 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.

Cummins's adjusted revenue per share for the three months ended in Mar. 2025 was R$85.081. 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 R$280.88 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Cummins's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% 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 Cummins was 11.60% per year. The lowest was -0.90% per year. And the median was 6.30% per year.

As of today (2025-06-01), Cummins's current stock price is R$431.80. Cummins's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$280.88. Cummins's Cyclically Adjusted PS Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cummins was 2.23. The lowest was 0.99. And the median was 1.54.


Cummins Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cummins'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.

Cummins Cyclically Adjusted Revenue per Share Chart

Cummins Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 192.34 200.95 205.26 292.12

Cummins Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 213.63 241.68 247.99 292.12 280.88

Competitive Comparison of Cummins's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Cummins'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.


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

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

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


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Cummins 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, Cummins's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=85.081/134.9266*134.9266
=85.081

Current CPI (Mar. 2025) = 134.9266.

Cummins Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 21.722 100.684 29.110
201509 25.413 100.392 34.155
201512 26.313 99.792 35.577
201603 23.064 100.470 30.974
201606 22.931 101.688 30.426
201609 20.245 101.861 26.817
201612 22.442 101.863 29.727
201703 21.357 102.862 28.014
201706 24.932 103.349 32.550
201709 24.783 104.136 32.111
201712 27.109 104.011 35.167
201803 27.556 105.290 35.313
201806 35.185 106.317 44.653
201809 37.729 106.507 47.796
201812 37.288 105.998 47.465
201903 36.556 107.251 45.989
201906 37.953 108.070 47.385
201909 37.933 108.329 47.246
201912 37.607 108.420 46.801
202003 40.890 108.902 50.662
202006 33.760 108.767 41.880
202009 46.402 109.815 57.013
202012 50.224 109.897 61.663
202103 57.871 111.754 69.871
202106 52.439 114.631 61.723
202109 54.432 115.734 63.458
202112 57.393 117.630 65.832
202203 55.511 121.301 61.746
202206 58.528 125.017 63.167
202209 67.696 125.227 72.940
202212 71.604 125.222 77.153
202303 77.297 127.348 81.897
202306 73.555 128.729 77.096
202309 72.896 129.860 75.740
202312 73.180 129.419 76.294
202403 73.619 131.776 75.379
202406 85.889 132.554 87.426
202409 84.771 133.029 85.980
202412 93.226 133.157 94.465
202503 85.081 134.927 85.081

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


Cummins  (BSP:C1MI34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=431.80/280.88
=1.54

* 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 Cummins was 2.23. The lowest was 0.99. And the median was 1.54.


Be Aware

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


Cummins Cyclically Adjusted Revenue per Share Related Terms

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


Cummins Business Description

Industry
Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, who also make their own engines.

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