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Primoris Services (FRA:1PM) Cyclically Adjusted Revenue per Share : €66.20 (As of Mar. 2024)


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What is Primoris Services 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.

Primoris Services's adjusted revenue per share for the three months ended in Mar. 2024 was €23.885. 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 €66.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Primoris Services's average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% 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 Primoris Services was 13.70% per year. The lowest was 10.60% per year. And the median was 13.60% per year.

As of today (2024-05-19), Primoris Services's current stock price is €46.40. Primoris Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €66.20. Primoris Services's Cyclically Adjusted PS Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Primoris Services was 0.90. The lowest was 0.27. And the median was 0.53.


Primoris Services Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Primoris Services'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.

Primoris Services Cyclically Adjusted Revenue per Share Chart

Primoris Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.92 38.61 48.48 57.88 63.62

Primoris Services 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 58.16 61.37 65.14 63.62 66.20

Competitive Comparison of Primoris Services's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Primoris Services'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.


Primoris Services's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Primoris Services 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, Primoris Services'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)
=23.885/131.7762*131.7762
=23.885

Current CPI (Mar. 2024) = 131.7762.

Primoris Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.321 100.560 9.594
201409 9.194 100.428 12.064
201412 7.647 99.070 10.172
201503 7.016 99.621 9.281
201506 8.315 100.684 10.883
201509 9.558 100.392 12.546
201512 8.806 99.792 11.628
201603 7.451 100.470 9.773
201606 7.815 101.688 10.127
201609 8.696 101.861 11.250
201612 10.968 101.863 14.189
201703 10.125 102.862 12.971
201706 10.868 103.349 13.857
201709 9.870 104.136 12.490
201712 9.462 104.011 11.988
201803 7.901 105.290 9.889
201806 10.723 106.317 13.291
201809 15.056 106.507 18.628
201812 15.009 105.998 18.659
201903 11.438 107.251 14.054
201906 13.647 108.070 16.641
201909 15.337 108.329 18.657
201912 14.018 108.420 17.038
202003 13.844 108.902 16.752
202006 16.571 108.767 20.076
202009 16.477 109.815 19.772
202012 15.241 109.897 18.275
202103 13.741 111.754 16.203
202106 13.480 114.631 15.496
202109 14.278 115.734 16.257
202112 14.500 117.630 16.244
202203 13.378 121.301 14.533
202206 17.970 125.017 18.942
202209 24.131 125.227 25.393
202212 23.364 125.222 24.587
202303 21.762 127.348 22.519
202306 24.014 128.729 24.583
202309 26.368 129.860 26.757
202312 25.557 129.419 26.022
202403 23.885 131.776 23.885

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


Primoris Services  (FRA:1PM) 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.

Primoris Services's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.40/66.2
=0.70

* 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 Primoris Services was 0.90. The lowest was 0.27. And the median was 0.53.


Be Aware

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


Primoris Services Cyclically Adjusted Revenue per Share Related Terms

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


Primoris Services (FRA:1PM) Business Description

Industry
Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.

Primoris Services (FRA:1PM) Headlines

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