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Lowe's (WBO:LOWE) Cyclically Adjusted Revenue per Share : €109.38 (As of Jan. 2024)


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What is Lowe's 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.

Lowe's's adjusted revenue per share for the three months ended in Jan. 2024 was €29.698. 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 €109.38 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Lowe's's average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% 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 Lowe's was 17.70% per year. The lowest was 8.50% per year. And the median was 13.55% per year.

As of today (2024-04-30), Lowe's's current stock price is €215.75. Lowe's's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €109.38. Lowe's's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lowe's was 3.00. The lowest was 0.99. And the median was 1.74.


Lowe's Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lowe's'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.

Lowe's Cyclically Adjusted Revenue per Share Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.97 63.59 79.85 96.59 109.38

Lowe's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 96.59 97.05 102.56 108.96 109.38

Competitive Comparison of Lowe's's Cyclically Adjusted Revenue per Share

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



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

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=29.698/129.4194*129.4194
=29.698

Current CPI (Jan. 2024) = 129.4194.

Lowe's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 9.542 100.023 12.346
201407 12.316 100.520 15.857
201410 11.015 100.176 14.231
201501 11.178 98.604 14.671
201504 13.713 99.824 17.779
201507 16.902 100.691 21.724
201510 13.892 100.346 17.917
201601 13.411 99.957 17.364
201604 14.929 100.947 19.140
201607 18.673 101.524 23.804
201610 16.351 101.988 20.749
201701 17.093 102.456 21.591
201704 18.334 103.167 22.999
201707 20.074 103.278 25.155
201710 17.153 104.070 21.331
201801 15.344 104.578 18.989
201804 17.129 105.708 20.971
201807 21.966 106.324 26.737
201810 18.775 106.695 22.774
201901 17.133 106.200 20.879
201904 19.811 107.818 23.780
201907 23.975 108.250 28.664
201910 20.414 108.577 24.333
202001 18.926 108.841 22.504
202004 23.943 108.173 28.646
202007 31.544 109.318 37.344
202010 25.149 109.861 29.626
202101 22.595 110.364 26.496
202104 28.357 112.673 32.572
202107 32.990 115.183 37.068
202110 28.631 116.696 31.753
202201 27.578 118.619 30.089
202204 33.094 121.978 35.113
202207 42.267 125.002 43.761
202210 38.437 125.734 39.564
202301 34.485 126.223 35.358
202304 34.138 127.992 34.519
202307 38.564 128.974 38.697
202310 33.598 129.810 33.497
202401 29.698 129.419 29.698

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


Lowe's  (WBO:LOWE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=215.75/109.38
=1.97

* 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 Lowe's was 3.00. The lowest was 0.99. And the median was 1.74.


Be Aware

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


Lowe's Cyclically Adjusted Revenue per Share Related Terms

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


Lowe's (WBO:LOWE) Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (WBO:LOWE) Headlines

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