Tree Island Steel (TSX:TSL) Cyclically Adjusted Revenue per Share: C$9.54 (As of Jun. 2026)

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TSX:TSL Tree Island Steel Ltd TSX:TSL
53 GF Score
Price C$2.71
GF Value C$2.10
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Tree Island Steel Cyclically Adjusted Revenue per Share?

Tree Island Steel TSX:TSL 53 Cyclically Adjusted Revenue per Share is C$9.54 as of Jun. 2026. GuruFocus rates TSX:TSL with a GF Score™ of 53/100 and a GF Value™ of C$2.10 (Modestly Overvalued). The stock has 9 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.

Tree Island Steel's adjusted revenue per share for the three months ended in Jun. 2026 was C$1.772. 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$9.54 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tree Island Steel's average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.90% 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 Tree Island Steel was 1.80% per year. The lowest was -14.00% per year. And the median was -10.70% per year.

As of today (2026-09-16), Tree Island Steel's current stock price is C$2.71. Tree Island Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$9.54. Tree Island Steel's Cyclically Adjusted PS Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tree Island Steel was 0.74. The lowest was 0.13. And the median was 0.28.


Tree Island Steel  (TSX:TSL) 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.

Tree Island Steel's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.71/9.537
=0.28

* 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 Tree Island Steel was 0.74. The lowest was 0.13. And the median was 0.28.


Be Aware

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


Tree Island Steel Cyclically Adjusted Revenue per Share Related Terms


Tree Island Steel Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Tree Island Steel'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.

Tree Island Steel Cyclically Adjusted Revenue per Share Chart

Tree Island Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 9.86 9.43 9.59 9.47

Tree Island Steel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.69 9.61 9.51 9.54 9.54

TSX:TSL vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TSX:TSL
53GF Score
Tree Island Steel Ltd TSX:TSL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tree Island Steel 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, Tree Island Steel's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.772/133.5265*133.5265
=1.772

Current CPI (Jun. 2026) = 133.5265.

Tree Island Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.857 101.765 2.437
201612 1.478 101.449 1.945
201703 2.032 102.634 2.644
201706 1.999 103.029 2.591
201709 1.812 103.345 2.341
201712 1.840 103.345 2.377
201803 2.245 105.004 2.855
201806 2.309 105.557 2.921
201809 1.904 105.636 2.407
201812 1.526 105.399 1.933
201903 1.815 106.979 2.265
201906 1.815 107.690 2.250
201909 1.704 107.611 2.114
201912 1.566 107.769 1.940
202003 2.011 107.927 2.488
202006 1.753 108.401 2.159
202009 1.854 108.164 2.289
202012 1.901 108.559 2.338
202103 2.320 110.298 2.809
202106 2.616 111.720 3.127
202109 2.977 112.905 3.521
202112 2.671 113.774 3.135
202203 3.262 117.646 3.702
202206 3.460 120.806 3.824
202209 2.824 120.648 3.125
202212 2.373 120.964 2.619
202303 2.664 122.702 2.899
202306 2.268 124.203 2.438
202309 1.935 125.230 2.063
202312 1.732 125.072 1.849
202403 2.086 126.258 2.206
202406 2.024 127.522 2.119
202409 1.977 127.285 2.074
202412 1.722 127.364 1.805
202503 1.929 129.181 1.994
202506 1.629 129.892 1.675
202509 1.420 130.287 1.455
202512 1.252 130.366 1.282
202603 1.567 132.262 1.582
202606 1.772 133.527 1.772

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 C$9.54 mean?
Tree Island Steel (TSX:TSL) has a Cyclically Adjusted Revenue per Share of C$9.54 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tree Island Steel and its competitors.
Is Tree Island Steel's Cyclically Adjusted Revenue per Share too high?
Tree Island Steel's current Cyclically Adjusted Revenue per Share is C$9.54. Overall, Tree Island Steel has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Tree Island Steel's Cyclically Adjusted Revenue per Share of C$9.54 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Tree Island Steel and its competitors. Tree Island Steel's current Cyclically Adjusted Revenue per Share is C$9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TSX:TSL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$2.10, compared to a current price of C$2.71 — trading 29% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$9.54. Tree Island Steel's overall GF Score™ is 53/100 with 9 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 Tree Island Steel (TSX:TSL), the current Cyclically Adjusted Revenue per Share is C$9.54 as of Jun. 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 Tree Island Steel (TSX:TSL) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of C$2.71 is trading 29% above its estimated GF Value™ of C$2.10. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TSX:TSL:

  • Cyclically Adjusted Revenue per Share: C$9.54
  • GF Value™: C$2.10 vs. price of C$2.71 (29% above fair value)
  • GF Score™: 53/100 with 9 warning signs

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


Tree Island Steel Business Description

Other Exchanges TWIRF:USA
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
53GF Score

Get the complete analysis for TSX:TSL

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

C$2.71
Price
C$2.10
GF Value