Toll Brothers (LTS:0LFS) Cyclically Adjusted Revenue per Share: $82.43 (As of Apr. 2026)


LTS:0LFS Toll Brothers Inc LTS:0LFS
95 GF Score
Price $151.22
GF Value $136.51
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Toll Brothers Cyclically Adjusted Revenue per Share?

Toll Brothers LTS:0LFS +1.04% 95 Cyclically Adjusted Revenue per Share is $82.43 as of Apr. 2026. GuruFocus rates LTS:0LFS with a GF Score™ of 95/100 and a GF Value™ of $136.51 (Modestly Overvalued). 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.

Toll Brothers's adjusted revenue per share for the three months ended in Apr. 2026 was $26.434. 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 $82.43 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Toll Brothers's average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.90% 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 Toll Brothers was 23.50% per year. The lowest was -5.60% per year. And the median was 17.00% per year.

As of today (2026-07-11), Toll Brothers's current stock price is $151.22. Toll Brothers's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $82.43. Toll Brothers's Cyclically Adjusted PS Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toll Brothers was 2.68. The lowest was 0.59. And the median was 1.65.


Toll Brothers  (LTS:0LFS) 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.

Toll Brothers's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=151.22/82.43
=1.83

* 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 Toll Brothers was 2.68. The lowest was 0.59. And the median was 1.65.


Be Aware

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


Toll Brothers Cyclically Adjusted Revenue per Share Related Terms


Toll Brothers Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Toll Brothers'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.

Toll Brothers Cyclically Adjusted Revenue per Share Chart

Toll Brothers Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.63 48.86 58.47 67.41 76.74

Toll Brothers Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 71.59 74.28 76.74 79.09 82.43

LTS:0LFS vs NVR, LEN, TMHC: Cyclically Adjusted Revenue per Share Comparison

For the Residential Construction subindustry, Toll Brothers'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.


Toll Brothers Cyclically Adjusted PS Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0LFS
95GF Score
Toll Brothers Inc LTS:0LFS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toll Brothers 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, Toll Brothers's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=26.434/333.0200*333.0200
=26.434

Current CPI (Apr. 2026) = 333.0200.

Toll Brothers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 7.324 240.628 10.136
201610 10.807 241.729 14.888
201701 5.403 242.839 7.409
201704 7.955 244.524 10.834
201707 8.760 244.786 11.918
201710 12.323 246.663 16.637
201801 7.398 247.867 9.940
201804 10.309 250.546 13.702
201807 12.491 252.006 16.507
201810 16.411 252.885 21.611
201901 9.209 251.712 12.184
201904 11.585 255.548 15.097
201907 12.071 256.571 15.668
201910 16.571 257.346 21.444
202001 9.518 257.971 12.287
202004 12.026 256.389 15.620
202007 12.963 259.101 16.661
202010 19.750 260.388 25.259
202101 12.256 261.582 15.603
202104 15.319 267.054 19.103
202107 17.956 273.003 21.903
202110 24.516 276.589 29.518
202201 14.578 281.148 17.268
202204 19.151 289.109 22.060
202207 21.447 296.276 24.107
202210 32.622 298.012 36.454
202301 15.847 299.170 17.640
202304 22.347 303.363 24.532
202307 24.186 305.691 26.348
202310 27.864 307.671 30.160
202401 18.330 308.417 19.792
202404 26.819 313.548 28.485
202407 26.227 314.540 27.768
202410 32.466 315.664 34.251
202501 18.257 317.671 19.139
202504 27.231 320.795 28.269
202507 29.698 323.048 30.615
202510 35.101 0.000
202601 22.234 325.252 22.765
202604 26.434 333.020 26.434

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 $82.43 mean?
Toll Brothers (LTS:0LFS) has a Cyclically Adjusted Revenue per Share of $82.43 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toll Brothers and its competitors.
Is Toll Brothers' Cyclically Adjusted Revenue per Share too high?
Toll Brothers' current Cyclically Adjusted Revenue per Share is $82.43. Overall, Toll Brothers has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toll Brothers' Cyclically Adjusted Revenue per Share compare to NVR and LEN?
Toll Brothers' Cyclically Adjusted Revenue per Share of $82.43 can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Homebuilding & Construction 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 Toll Brothers and its competitors. Toll Brothers's current Cyclically Adjusted Revenue per Share is $82.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toll Brothers stock overvalued right now?
Based on GuruFocus' analysis, Toll Brothers (LTS:0LFS) is currently considered Modestly Overvalued. The stock's GF Value™ is $136.51, compared to a current price of $151.22 — trading 10.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $82.43. Toll Brothers' overall GF Score™ is 95/100 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 Toll Brothers (LTS:0LFS), the current Cyclically Adjusted Revenue per Share is $82.43 as of Apr. 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 Toll Brothers (LTS:0LFS) Overvalued in 2026?

Based on GuruFocus' analysis, Toll Brothers stock appears to be overvalued. The current stock price of $151.22 is trading 10.8% above its estimated GF Value™ of $136.51. GuruFocus considers Toll Brothers to be Modestly Overvalued.

Key valuation signals for LTS:0LFS:

  • Cyclically Adjusted Revenue per Share: $82.43
  • GF Value™: $136.51 vs. price of $151.22 (10.8% above fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the LTS:0LFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toll Brothers Business Description

Address 1140 Virginia Drive, Fort Washington, PA, USA, 19034
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-homebuyers. Toll Brothers consistently ranks as a top 10 builder within the US according to total home closings. Traditional homebuilding operations represent most of the company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.
95GF Score

Get the complete analysis for LTS:0LFS

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

$151.22
Price
$136.51
GF Value