GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium SA (MEX:TX) » Definitions » Cyclically Adjusted Revenue per Share

Ternium (MEX:TX) Cyclically Adjusted Revenue per Share : MXN1,127.01 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Ternium 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.

Ternium's adjusted revenue per share for the three months ended in Mar. 2024 was MXN403.966. 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 MXN1,127.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ternium's average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 Ternium was 10.40% per year. The lowest was 2.10% per year. And the median was 4.50% per year.

As of today (2024-06-25), Ternium's current stock price is MXN680.00. Ternium's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN1,127.01. Ternium's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ternium was 1.11. The lowest was 0.24. And the median was 0.60.


Ternium Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ternium'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.

Ternium Cyclically Adjusted Revenue per Share Chart

Ternium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 915.90 986.33 1,078.97 1,157.04 1,112.34

Ternium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,069.52 1,068.45 1,117.88 1,112.34 1,127.01

Competitive Comparison of Ternium's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Ternium'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.


Ternium's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ternium's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=403.966/122.5900*122.5900
=403.966

Current CPI (Mar. 2024) = 122.5900.

Ternium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 145.595 99.960 178.556
201409 151.730 99.900 186.192
201412 161.888 98.830 200.808
201503 165.110 99.980 202.449
201506 159.539 100.640 194.335
201509 167.454 100.380 204.505
201512 158.537 99.910 194.526
201603 145.169 100.030 177.909
201606 175.492 100.660 213.725
201609 182.813 100.750 222.442
201612 194.250 101.040 235.680
201703 199.035 101.780 239.730
201706 213.870 102.170 256.615
201709 234.354 102.520 280.233
201712 276.873 102.410 331.431
201803 258.853 102.900 308.385
201806 302.531 103.650 357.813
201809 285.779 104.580 334.994
201812 263.669 104.320 309.846
201903 270.338 105.140 315.206
201906 269.802 105.550 313.359
201909 246.358 105.900 285.184
201912 216.166 106.080 249.809
202003 271.302 106.040 313.645
202006 205.268 106.340 236.635
202009 240.667 106.620 276.715
202012 261.400 106.670 300.413
202103 338.340 108.140 383.550
202106 397.471 108.680 448.343
202109 480.983 109.470 538.629
202112 452.447 111.090 499.284
202203 436.627 114.780 466.337
202206 454.781 116.750 477.530
202209 422.723 117.000 442.920
202212 352.213 117.060 368.852
202303 332.698 118.910 342.994
202306 338.085 120.460 344.063
202309 460.052 121.740 463.264
202312 426.348 121.170 431.344
202403 403.966 122.590 403.966

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


Ternium  (MEX:TX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=680.00/1127.01
=0.60

* 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 Ternium was 1.11. The lowest was 0.24. And the median was 0.60.


Be Aware

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


Ternium Cyclically Adjusted Revenue per Share Related Terms

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


Ternium (MEX:TX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium SA (MEX:TX) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
26 Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449
Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the steel segment. Its geographical segments are Mexico, the Southern region, and Brazil & Other markets.