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Cummins (MEX:CMI) Cyclically Adjusted Revenue per Share : MXN3,177.79 (As of Dec. 2024)


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What is Cummins 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.

Cummins's adjusted revenue per share for the three months ended in Dec. 2024 was MXN1,274.733. 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 MXN3,177.79 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Cummins's average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% 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 Cummins was 11.60% per year. The lowest was -0.90% per year. And the median was 6.05% per year.

As of today (2025-04-17), Cummins's current stock price is MXN5951.00. Cummins's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was MXN3,177.79. Cummins's Cyclically Adjusted PS Ratio of today is 1.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cummins was 2.23. The lowest was 0.99. And the median was 1.54.


Cummins Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cummins'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.

Cummins Cyclically Adjusted Revenue per Share Chart

Cummins 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 2,391.37 2,754.01 2,988.95 2,755.70 3,177.79

Cummins Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,755.70 2,705.02 3,107.31 3,374.97 3,177.79

Competitive Comparison of Cummins's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Cummins'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.


Cummins's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1274.733/133.1571*133.1571
=1,274.733

Current CPI (Dec. 2024) = 133.1571.

Cummins Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 396.623 99.621 530.140
201506 438.120 100.684 579.425
201509 440.072 100.392 583.702
201512 466.356 99.792 622.278
201603 429.449 100.470 569.164
201606 495.494 101.688 648.832
201609 481.318 101.861 629.200
201612 551.801 101.863 721.326
201703 514.323 102.862 665.801
201706 547.020 103.349 704.792
201709 574.324 104.136 734.382
201712 646.310 104.011 827.419
201803 610.703 105.290 772.341
201806 733.358 106.317 918.499
201809 687.045 106.507 858.959
201812 754.132 105.998 947.359
201903 738.526 107.251 916.919
201906 756.320 108.070 931.895
201909 727.151 108.329 893.805
201912 691.203 108.420 848.907
202003 784.889 108.902 959.707
202006 600.758 108.767 735.471
202009 759.313 109.815 920.712
202012 776.761 109.897 941.167
202103 839.694 111.754 1,000.508
202106 830.345 114.631 964.538
202109 848.058 115.734 975.726
202112 832.803 117.630 942.737
202203 888.412 121.301 975.246
202206 933.079 125.017 993.835
202209 1,038.756 125.227 1,104.540
202212 1,064.539 125.222 1,131.999
202303 1,069.981 127.348 1,118.791
202306 1,039.221 128.729 1,074.971
202309 1,028.422 129.860 1,054.537
202312 1,014.063 129.419 1,043.350
202403 981.410 131.776 991.694
202406 1,168.554 132.554 1,173.873
202409 1,205.657 133.029 1,206.819
202412 1,274.733 133.157 1,274.733

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


Cummins  (MEX:CMI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5951.00/3177.79
=1.87

* 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 Cummins was 2.23. The lowest was 0.99. And the median was 1.54.


Be Aware

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


Cummins Cyclically Adjusted Revenue per Share Related Terms

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


Cummins Business Description

Industry
Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway machinery, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.