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BRF (MEX:BRFS) Cyclically Adjusted Revenue per Share : MXN179.22 (As of Mar. 2025)


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What is BRF 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.

BRF's adjusted revenue per share for the three months ended in Mar. 2025 was MXN34.157. 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 MXN179.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, BRF's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% 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 BRF was 12.80% per year. The lowest was 0.60% per year. And the median was 7.60% per year.

As of today (2025-06-27), BRF's current stock price is MXN64.00. BRF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN179.22. BRF's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BRF was 1.88. The lowest was 0.11. And the median was 0.49.


BRF Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BRF'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.

BRF Cyclically Adjusted Revenue per Share Chart

BRF 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 180.57 194.37 407.42 185.23 197.28

BRF 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 185.23 155.96 202.90 197.28 179.22

Competitive Comparison of BRF's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, BRF'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.


BRF's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BRF's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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BRF 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, BRF'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)
=34.157/168.1016*168.1016
=34.157

Current CPI (Mar. 2025) = 168.1016.

BRF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 45.509 100.006 76.497
201509 50.859 101.392 84.321
201512 46.031 104.247 74.226
201603 44.591 106.979 70.068
201606 54.801 108.851 84.631
201609 59.244 109.986 90.548
201612 20.075 110.802 30.456
201703 56.014 111.869 84.170
201706 52.140 112.115 78.177
201709 59.822 112.777 89.169
201712 26.198 114.068 38.608
201803 45.714 114.868 66.899
201806 43.205 117.038 62.056
201809 41.675 117.881 59.430
201812 49.168 118.340 69.843
201903 43.604 120.124 61.020
201906 48.730 120.977 67.712
201909 47.553 121.292 65.905
201912 61.151 123.436 83.278
202003 50.359 124.092 68.219
202006 47.604 123.557 64.766
202009 47.950 125.095 64.435
202012 65.414 129.012 85.234
202103 47.490 131.660 60.634
202106 57.017 133.871 71.596
202109 59.749 137.913 72.828
202112 61.710 141.992 73.057
202203 49.450 146.537 56.727
202206 47.854 149.784 53.706
202209 50.018 147.800 56.889
202212 50.897 150.207 56.961
202303 42.300 153.352 46.368
202306 39.985 154.519 43.500
202309 30.443 155.464 32.918
202312 29.689 157.148 31.758
202403 26.657 159.372 28.117
202406 30.454 161.052 31.787
202409 33.211 162.342 34.389
202412 36.660 164.740 37.408
202503 34.157 168.102 34.157

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


BRF  (MEX:BRFS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=64.00/179.22
=0.36

* 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 BRF was 1.88. The lowest was 0.11. And the median was 0.49.


Be Aware

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


BRF Cyclically Adjusted Revenue per Share Related Terms

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


BRF Business Description

Industry
Address
475 Jorge Tzachel Street, Fazenda District, Pinheiros, Itajai, SP, BRA, 88301-140
BRF SA is an international producer of fresh and frozen protein foods. It operates by raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and others. The Company holds as its main brands Sadia, Perdigao, Qualy, Chester, Kidelli, Perdix, Banvit, Biofresh, and Gran Plus, present mainly in Brazil, Turkey, and Middle Eastern countries. The group has three reportable segments, being; Brazil, International, and Other segments.