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Tractor Supply Co (FRA:TR4) Cyclically Adjusted Revenue per Share : €18.35 (As of Mar. 2025)


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What is Tractor Supply Co 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.

Tractor Supply Co's adjusted revenue per share for the three months ended in Mar. 2025 was €6.004. 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 €18.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tractor Supply Co's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.80% 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 12.70% per year. And the median was 15.60% per year.

As of today (2025-05-20), Tractor Supply Co's current stock price is €46.08. Tractor Supply Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €18.35. Tractor Supply Co's Cyclically Adjusted PS Ratio of today is 2.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tractor Supply Co was 3.69. The lowest was 1.43. And the median was 2.60.


Tractor Supply Co Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Tractor Supply Co Cyclically Adjusted Revenue per Share Chart

Tractor Supply Co 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 9.03 11.55 14.85 16.40 19.38

Tractor Supply Co 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 17.37 18.27 17.40 19.38 18.35

Competitive Comparison of Tractor Supply Co's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.004/134.9266*134.9266
=6.004

Current CPI (Mar. 2025) = 134.9266.

Tractor Supply Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.299 100.684 3.081
201509 1.923 100.392 2.585
201512 2.231 99.792 3.016
201603 1.957 100.470 2.628
201606 2.451 101.688 3.252
201609 2.048 101.861 2.713
201612 2.759 101.863 3.655
201703 2.231 102.862 2.926
201706 2.790 103.349 3.642
201709 2.276 104.136 2.949
201712 2.617 104.011 3.395
201803 2.181 105.290 2.795
201806 3.086 106.317 3.916
201809 2.627 106.507 3.328
201812 3.045 105.998 3.876
201903 2.640 107.251 3.321
201906 3.429 108.070 4.281
201909 3.001 108.329 3.738
201912 3.308 108.420 4.117
202003 3.020 108.902 3.742
202006 4.829 108.767 5.990
202009 3.759 109.815 4.619
202012 4.018 109.897 4.933
202103 4.002 111.754 4.832
202106 5.150 114.631 6.062
202109 4.454 115.734 5.193
202112 5.118 117.630 5.871
202203 4.838 121.301 5.381
202206 6.575 125.017 7.096
202209 5.922 125.227 6.381
202212 6.801 125.222 7.328
202303 5.563 127.348 5.894
202306 7.020 128.729 7.358
202309 5.848 129.860 6.076
202312 6.168 129.419 6.430
202403 5.756 131.776 5.894
202406 7.290 132.554 7.420
202409 5.804 133.029 5.887
202412 6.718 133.157 6.807
202503 6.004 134.927 6.004

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


Tractor Supply Co  (FRA:TR4) 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
=46.08/18.35
=2.51

* 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 1.43. And the median was 2.60.


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

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


Tractor Supply Co Business Description

Industry
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. At the end of fiscal 2024, the company operated 2,296 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2023 (most recent data available), revenue consisted primarily of livestock, equine & agriculture (27%), companion animal (25%), and seasonal & recreation (22%).

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