Tractor Supply Co (BSP:T1SC34) Cyclically Adjusted Revenue per Share: R$6.72 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:T1SC34 Tractor Supply Co BSP:T1SC34
80 GF Score
Price R$8.70
GF Value R$15.96
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tractor Supply Co Cyclically Adjusted Revenue per Share?

Tractor Supply Co BSP:T1SC34 +0.46% 80 Cyclically Adjusted Revenue per Share is R$6.72 as of Mar. 2026. GuruFocus rates BSP:T1SC34 with a GF Score™ of 80/100 and a GF Value™ of R$15.96 (Significantly Undervalued). The stock has 4 warning signs investors should review.

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.

Tractor Supply Co's adjusted revenue per share for the three months ended in Mar. 2026 was R$1.976. 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$6.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tractor Supply Co's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% 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 Tractor Supply Co was 18.70% per year. The lowest was 12.40% per year. And the median was 15.50% per year.

As of today (2026-07-20), Tractor Supply Co's current stock price is R$8.70. Tractor Supply Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$6.72. Tractor Supply Co's Cyclically Adjusted PS Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tractor Supply Co was 3.69. The lowest was 1.28. And the median was 2.48.


Tractor Supply Co  (BSP:T1SC34) 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.

Tractor Supply Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.70/6.72
=1.29

* 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 Tractor Supply Co was 3.69. The lowest was 1.28. And the median was 2.48.


Be Aware

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


Tractor Supply Co Cyclically Adjusted Revenue per Share Related Terms


Tractor Supply Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tractor Supply Co'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.

Tractor Supply Co Cyclically Adjusted Revenue per Share Chart

Tractor Supply Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 4.29 4.92 7.12 7.05

Tractor Supply Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.59 6.45 6.57 7.05 6.72

BSP:T1SC34 vs BBY, ULTA, DKS: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Retail subindustry, Tractor Supply Co'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.


Tractor Supply Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:T1SC34
80GF Score
Tractor Supply Co BSP:T1SC34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tractor Supply Co 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, Tractor Supply Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.976/330.2130*330.2130
=1.976

Current CPI (Mar. 2026) = 330.2130.

Tractor Supply Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.524 241.018 0.718
201609 0.415 241.428 0.568
201612 0.542 241.432 0.741
201703 0.415 243.801 0.562
201706 0.574 244.955 0.774
201709 0.472 246.819 0.631
201712 0.567 246.524 0.759
201803 0.490 249.554 0.648
201806 0.755 251.989 0.989
201809 0.700 252.439 0.916
201812 0.747 251.233 0.982
201903 0.637 254.202 0.827
201906 0.830 256.143 1.070
201909 0.756 256.759 0.972
201912 0.838 256.974 1.077
202003 0.906 258.115 1.159
202006 1.568 257.797 2.008
202009 1.328 260.280 1.685
202012 1.397 260.474 1.771
202103 1.491 264.877 1.859
202106 1.733 271.696 2.106
202109 1.537 274.310 1.850
202112 1.817 278.802 2.152
202203 1.473 287.504 1.692
202206 1.949 296.311 2.172
202209 1.708 296.808 1.900
202212 2.100 296.797 2.336
202303 1.724 301.836 1.886
202306 2.051 305.109 2.220
202309 1.712 307.789 1.837
202312 1.831 306.746 1.971
202403 1.731 312.332 1.830
202406 2.348 314.175 2.468
202409 1.982 315.301 2.076
202412 2.384 315.605 2.494
202503 2.077 319.799 2.145
202506 2.570 322.561 2.631
202509 2.082 324.800 2.117
202512 2.228 324.054 2.270
202603 1.976 330.213 1.976

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

What does a Cyclically Adjusted Revenue per Share of R$6.72 mean?
Tractor Supply Co (BSP:T1SC34) has a Cyclically Adjusted Revenue per Share of R$6.72 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tractor Supply Co and its competitors.
Is Tractor Supply Co's Cyclically Adjusted Revenue per Share too high?
Tractor Supply Co's current Cyclically Adjusted Revenue per Share is R$6.72. Overall, Tractor Supply Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tractor Supply Co's Cyclically Adjusted Revenue per Share compare to BBY and ULTA?
Tractor Supply Co's Cyclically Adjusted Revenue per Share of R$6.72 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tractor Supply Co and its competitors. Tractor Supply Co's current Cyclically Adjusted Revenue per Share is R$6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tractor Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Tractor Supply Co (BSP:T1SC34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$15.96, compared to a current price of R$8.70 — trading 45.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$6.72. Tractor Supply Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Tractor Supply Co (BSP:T1SC34), the current Cyclically Adjusted Revenue per Share is R$6.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tractor Supply Co (BSP:T1SC34) Overvalued in 2026?

Based on GuruFocus' analysis, Tractor Supply Co stock appears to be undervalued. The current stock price of R$8.70 is trading 45.5% below its estimated GF Value™ of R$15.96. GuruFocus considers Tractor Supply Co to be Significantly Undervalued.

Key valuation signals for BSP:T1SC34:

  • Cyclically Adjusted Revenue per Share: R$6.72
  • GF Value™: R$15.96 vs. price of R$8.70 (45.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the BSP:T1SC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tractor Supply Co Business Description

Address 5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. As of March 2026, the company operated 2,435 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities rather than urban and suburban areas. In fiscal 2025, revenue consisted of livestock, equine & agriculture (around 27%); companion animal (24%); seasonal & recreation (around 24%); truck, tool, & hardware (15%); and clothing, gift, and décor (10%).
80GF Score

Get the complete analysis for BSP:T1SC34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$8.70
Price
R$15.96
GF Value