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Target (FRA:DYH) Cyclically Adjusted Revenue per Share : €176.78 (As of Jan. 2024)


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What is Target 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.

Target's adjusted revenue per share for the three months ended in Jan. 2024 was €63.273. 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 €176.78 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Target's average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% 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 Target was 11.40% per year. The lowest was 5.90% per year. And the median was 9.05% per year.

As of today (2024-05-07), Target's current stock price is €146.58. Target's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €176.78. Target's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Target was 1.82. The lowest was 0.46. And the median was 0.75.


Target Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Target'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.

Target Cyclically Adjusted Revenue per Share Chart

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.76 113.75 139.11 158.77 176.78

Target Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 158.77 165.53 165.64 172.88 176.78

Competitive Comparison of Target's Cyclically Adjusted Revenue per Share

For the Discount Stores subindustry, Target'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.


Target's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Target 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, Target's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=63.273/129.4194*129.4194
=63.273

Current CPI (Jan. 2024) = 129.4194.

Target Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 18.896 100.023 24.449
201407 19.629 100.520 25.272
201410 21.284 100.176 27.497
201501 29.065 98.604 38.148
201504 24.471 99.824 31.726
201507 24.713 100.691 31.764
201510 24.957 100.346 32.188
201601 32.360 99.957 41.898
201604 23.631 100.947 30.296
201607 24.937 101.524 31.789
201610 25.972 101.988 32.958
201701 35.745 102.456 45.152
201704 27.262 103.167 34.199
201707 26.131 103.278 32.745
201710 26.209 104.070 32.593
201801 34.529 104.578 42.731
201804 25.280 105.708 30.951
201807 28.373 106.324 34.536
201810 29.187 106.695 35.403
201901 38.397 106.200 46.792
201904 30.198 107.818 36.248
201907 31.840 108.250 38.067
201910 32.776 108.577 39.068
202001 41.177 108.841 48.962
202004 35.678 108.173 42.685
202007 39.628 109.318 46.915
202010 38.063 109.861 44.840
202101 45.981 110.364 53.920
202104 40.184 112.673 46.157
202107 42.785 115.183 48.073
202110 45.182 116.696 50.108
202201 57.037 118.619 62.230
202204 49.823 121.978 52.862
202207 55.208 125.002 57.159
202210 58.196 125.734 59.902
202301 62.939 126.223 64.533
202304 49.889 127.992 50.445
202307 48.421 128.974 48.588
202310 51.993 129.810 51.837
202401 63.273 129.419 63.273

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


Target  (FRA:DYH) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=146.58/176.78
=0.83

* 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 Target was 1.82. The lowest was 0.46. And the median was 0.75.


Be Aware

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


Target Cyclically Adjusted Revenue per Share Related Terms

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


Target (FRA:DYH) Business Description

Industry
Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

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