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Churchill Downs (BSP:C2HD34) Cyclically Adjusted Revenue per Share : R$6.30 (As of Mar. 2025)


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What is Churchill Downs 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.

Churchill Downs's adjusted revenue per share for the three months ended in Mar. 2025 was R$2.487. 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$6.30 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Churchill Downs's average Cyclically Adjusted Revenue Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% 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 Churchill Downs was 19.10% per year. The lowest was 1.10% per year. And the median was 5.60% per year.

As of today (2025-05-31), Churchill Downs's current stock price is R$33.21. Churchill Downs's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$6.30. Churchill Downs's Cyclically Adjusted PS Ratio of today is 5.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Churchill Downs was 12.54. The lowest was 2.87. And the median was 6.69.


Churchill Downs Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Churchill Downs'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.

Churchill Downs Cyclically Adjusted Revenue per Share Chart

Churchill Downs 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 - 3.67 3.79 3.79 6.01

Churchill Downs 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 4.11 5.17 5.54 6.01 6.30

Competitive Comparison of Churchill Downs's Cyclically Adjusted Revenue per Share

For the Gambling subindustry, Churchill Downs'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.


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

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

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


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Churchill Downs 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, Churchill Downs'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)
=2.487/134.9266*134.9266
=2.487

Current CPI (Mar. 2025) = 134.9266.

Churchill Downs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.599 100.684 0.803
201509 0.511 100.392 0.687
201512 -0.264 99.792 -0.357
201603 0.523 100.470 0.702
201606 0.736 101.688 0.977
201609 0.487 101.861 0.645
201612 -0.356 101.863 -0.472
201703 0.260 102.862 0.341
201706 0.572 103.349 0.747
201709 0.332 104.136 0.430
201712 0.319 104.011 0.414
201803 0.357 105.290 0.457
201806 0.875 106.317 1.110
201809 0.554 106.507 0.702
201812 0.519 105.998 0.661
201903 0.628 107.251 0.790
201906 1.131 108.070 1.412
201909 0.775 108.329 0.965
201912 0.714 108.420 0.889
202003 0.778 108.902 0.964
202006 0.608 108.767 0.754
202009 1.137 109.815 1.397
202012 0.860 109.897 1.056
202103 1.154 111.754 1.393
202106 1.648 114.631 1.940
202109 1.323 115.734 1.542
202112 1.326 117.630 1.521
202203 1.167 121.301 1.298
202206 1.904 125.017 2.055
202209 1.310 125.227 1.411
202212 1.648 125.222 1.776
202303 1.915 127.348 2.029
202306 2.425 128.729 2.542
202309 1.834 129.860 1.906
202312 1.836 129.419 1.914
202403 1.970 131.776 2.017
202406 3.215 132.554 3.273
202409 2.333 133.029 2.366
202412 2.552 133.157 2.586
202503 2.487 134.927 2.487

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


Churchill Downs  (BSP:C2HD34) 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.

Churchill Downs's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.21/6.30
=5.27

* 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 Churchill Downs was 12.54. The lowest was 2.87. And the median was 6.69.


Be Aware

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


Churchill Downs Cyclically Adjusted Revenue per Share Related Terms

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


Churchill Downs Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

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