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TopBuild (TopBuild) Cyclically Adjusted Revenue per Share : $94.37 (As of Dec. 2023)


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What is TopBuild 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.

TopBuild's adjusted revenue per share for the three months ended in Dec. 2023 was $40.350. 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 $94.37 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), TopBuild's current stock price is $407.08. TopBuild's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $94.37. TopBuild's Cyclically Adjusted PS Ratio of today is 4.31.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of TopBuild was 4.74. The lowest was 2.35. And the median was 3.30.


TopBuild Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TopBuild'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.

TopBuild Cyclically Adjusted Revenue per Share Chart

TopBuild 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 - - - - 94.37

TopBuild Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 90.23 92.97 94.37

Competitive Comparison of TopBuild's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, TopBuild'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.


TopBuild's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



TopBuild 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, TopBuild's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=40.35/129.4194*129.4194
=40.350

Current CPI (Dec. 2023) = 129.4194.

TopBuild Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.755 99.695 11.365
201406 10.047 100.560 12.930
201409 10.437 100.428 13.450
201412 10.448 99.070 13.649
201503 9.408 99.621 12.222
201506 10.719 100.684 13.778
201509 11.288 100.392 14.552
201512 11.259 99.792 14.602
201603 10.924 100.470 14.072
201606 11.364 101.688 14.463
201609 11.939 101.861 15.169
201612 11.799 101.863 14.991
201703 11.889 102.862 14.959
201706 12.757 103.349 15.975
201709 13.684 104.136 17.006
201712 14.020 104.011 17.445
201803 13.720 105.290 16.864
201806 16.909 106.317 20.583
201809 18.086 106.507 21.977
201812 18.269 105.998 22.306
201903 17.847 107.251 21.536
201906 19.102 108.070 22.876
201909 19.854 108.329 23.719
201912 19.549 108.420 23.335
202003 19.441 108.902 23.104
202006 19.460 108.767 23.155
202009 20.994 109.815 24.742
202012 21.739 109.897 25.601
202103 22.371 111.754 25.907
202106 25.146 114.631 28.390
202109 25.560 115.734 28.582
202112 32.110 117.630 35.328
202203 35.377 121.301 37.745
202206 39.072 125.017 40.448
202209 40.304 125.227 41.653
202212 39.726 125.222 41.058
202303 39.897 127.348 40.546
202306 41.512 128.729 41.735
202309 41.716 129.860 41.575
202312 40.350 129.419 40.350

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


TopBuild  (NYSE:BLD) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=407.08/94.37
=4.31

* 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 12 years, the highest Cyclically Adjusted PS Ratio of TopBuild was 4.74. The lowest was 2.35. And the median was 3.30.


Be Aware

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


TopBuild Cyclically Adjusted Revenue per Share Related Terms

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


TopBuild (TopBuild) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TopBuild Corp (NYSE:BLD) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
475 North Williamson Boulevard, Daytona Beach, FL, USA, 32114
TopBuild Corp is an installer and distributor of insulation products. Its operating segments involve the Installation and Specialty Distribution segment. The installation segment provides insulation installation services nationwide through contractor services business. Speciality Distribution segment distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets. The majority of revenue is earned from the installation segment. Its main customers are contractors. Other products include gutters, after-paint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.
Executives
Robert M Buck officer: President & COO 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Luis Francisco Machado officer: VP, Gen. Counsel, Corp Sec. 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Steven P Raia officer: President, TruTeam Operations 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Robert Jeffrey Franklin officer: President, Service Partners 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Joey M Viselli officer: Vice President and COO 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Deirdre Drake director 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Carrie Gamble Wood officer: Chief Accounting Officer 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
John S. Peterson officer: VP & CFO 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Ernesto Iii Bautista director 575 N DAIRY ASHFORD, SUITE 300, HOUSTON TX 77079
Carl T Camden director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Alec C Covington director C/O NASH FINCH COMPANY, 7600 FRANCE AVENUE SOUTH, MINNEAPOLIS MN 55435
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Mark A Petrarca director A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Robert M Kuhns officer: Vice President, Controller C/O TOPBUILD CORP., 475 NORTH WILLIAMSON BLVD., DAYTONA BEACH FL 32114

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