GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Caterpillar Inc (NEOE:CATR) » Definitions » Cyclically Adjusted Revenue per Share

Caterpillar (NEOE:CATR) Cyclically Adjusted Revenue per Share : C$8.22 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Caterpillar 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.

Caterpillar's adjusted revenue per share for the three months ended in Dec. 2024 was C$2.596. 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 C$8.22 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Caterpillar's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 Caterpillar was 12.30% per year. The lowest was 1.40% per year. And the median was 7.60% per year.

As of today (2025-03-03), Caterpillar's current stock price is C$25.32. Caterpillar's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was C$8.22. Caterpillar's Cyclically Adjusted PS Ratio of today is 3.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Caterpillar was 3.68. The lowest was 0.74. And the median was 1.69.


Caterpillar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Caterpillar'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.

Caterpillar Cyclically Adjusted Revenue per Share Chart

Caterpillar 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 - - - 8.01 8.22

Caterpillar 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 8.01 8.13 8.18 8.20 8.22

Competitive Comparison of Caterpillar's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Caterpillar'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.


Caterpillar's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Caterpillar 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, Caterpillar'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)
=2.596/133.1571*133.1571
=2.596

Current CPI (Dec. 2024) = 133.1571.

Caterpillar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.419 99.621 1.897
201506 1.352 100.684 1.788
201509 1.326 100.392 1.759
201512 1.392 99.792 1.857
201603 1.155 100.470 1.531
201606 1.229 101.688 1.609
201609 1.104 101.861 1.443
201612 1.182 101.863 1.545
201703 1.202 102.862 1.556
201706 1.372 103.349 1.768
201709 1.266 104.136 1.619
201712 1.469 104.011 1.881
201803 1.483 105.290 1.876
201806 1.650 106.317 2.067
201809 1.581 106.507 1.977
201812 1.743 105.998 2.190
201903 1.687 107.251 2.094
201906 1.815 108.070 2.236
201909 1.632 108.329 2.006
201912 1.683 108.420 2.067
202003 1.461 108.902 1.786
202006 1.349 108.767 1.651
202009 1.297 109.815 1.573
202012 1.416 109.897 1.716
202103 1.469 111.754 1.750
202106 1.559 114.631 1.811
202109 1.556 115.734 1.790
202112 1.763 117.630 1.996
202203 1.733 121.301 1.902
202206 1.852 125.017 1.973
202209 2.056 125.227 2.186
202212 2.342 125.222 2.490
202303 2.266 127.348 2.369
202306 2.423 128.729 2.506
202309 2.406 129.860 2.467
202312 2.448 129.419 2.519
202403 2.334 131.776 2.358
202406 2.534 132.554 2.546
202409 2.431 133.029 2.433
202412 2.596 133.157 2.596

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


Caterpillar  (NEOE:CATR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.32/8.22
=3.08

* 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 Caterpillar was 3.68. The lowest was 0.74. And the median was 1.69.


Be Aware

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


Caterpillar Cyclically Adjusted Revenue per Share Related Terms

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


Caterpillar Business Description

Address
5205 N. O\'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.

Caterpillar Headlines

No Headlines