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Topgolf Callaway Brands (Topgolf Callaway Brands) Cyclically Adjusted Revenue per Share : $17.14 (As of Mar. 2024)


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What is Topgolf Callaway Brands 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.

Topgolf Callaway Brands's adjusted revenue per share for the three months ended in Mar. 2024 was $6.205. 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 $17.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Topgolf Callaway Brands's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 Topgolf Callaway Brands was 12.80% per year. The lowest was -4.40% per year. And the median was 3.20% per year.

As of today (2024-05-16), Topgolf Callaway Brands's current stock price is $15.19. Topgolf Callaway Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $17.14. Topgolf Callaway Brands's Cyclically Adjusted PS Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Topgolf Callaway Brands was 2.76. The lowest was 0.42. And the median was 1.09.


Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Topgolf Callaway Brands'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.

Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Chart

Topgolf Callaway Brands 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 12.71 13.03 14.24 15.67 17.01

Topgolf Callaway Brands 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 16.11 16.50 16.84 17.01 17.14

Competitive Comparison of Topgolf Callaway Brands's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Topgolf Callaway Brands'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.


Topgolf Callaway Brands's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topgolf Callaway Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Topgolf Callaway Brands 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, Topgolf Callaway Brands'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)
=6.205/131.7762*131.7762
=6.205

Current CPI (Mar. 2024) = 131.7762.

Topgolf Callaway Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.952 100.560 3.868
201409 2.171 100.428 2.849
201412 1.735 99.070 2.308
201503 3.027 99.621 4.004
201506 2.429 100.684 3.179
201509 2.096 100.392 2.751
201512 1.635 99.792 2.159
201603 2.872 100.470 3.767
201606 2.561 101.688 3.319
201609 1.997 101.861 2.583
201612 1.700 101.863 2.199
201703 3.220 102.862 4.125
201706 3.166 103.349 4.037
201709 2.515 104.136 3.183
201712 1.970 104.011 2.496
201803 4.155 105.290 5.200
201806 4.089 106.317 5.068
201809 2.699 106.507 3.339
201812 1.855 105.998 2.306
201903 5.354 107.251 6.578
201906 4.658 108.070 5.680
201909 4.427 108.329 5.385
201912 3.231 108.420 3.927
202003 4.623 108.902 5.594
202006 3.155 108.767 3.822
202009 4.922 109.815 5.906
202012 3.978 109.897 4.770
202103 5.230 111.754 6.167
202106 4.702 114.631 5.405
202109 4.605 115.734 5.243
202112 3.669 117.630 4.110
202203 5.180 121.301 5.627
202206 5.562 125.017 5.863
202209 4.898 125.227 5.154
202212 4.210 125.222 4.430
202303 5.794 127.348 5.995
202306 5.860 128.729 5.999
202309 5.172 129.860 5.248
202312 4.474 129.419 4.555
202403 6.205 131.776 6.205

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


Topgolf Callaway Brands  (NYSE:MODG) 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.

Topgolf Callaway Brands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.19/17.14
=0.89

* 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 Topgolf Callaway Brands was 2.76. The lowest was 0.42. And the median was 1.09.


Be Aware

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


Topgolf Callaway Brands Cyclically Adjusted Revenue per Share Related Terms

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


Topgolf Callaway Brands (Topgolf Callaway Brands) Business Description

Traded in Other Exchanges
Address
2180 Rutherford Road, Carlsbad, CA, USA, 92008
Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories. It operates in the below segments: Topgolf; Golf Equipment and Active Lifestyle. Some of its brands are Odyssey, OGIO, TravisMathew, and Jack Wolfskin. Its geographical segments are the United States, Europe, Japan, and the Rest of the World. Majority of the revenue is earned from United States.
Executives
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Brewer Oliver G Iii officer: President and CEO 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Jennifer L. Thomas officer: Chief Accounting Officer 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Erik J Anderson director 1411 E MISSION AVE, SPOKANE WA 99202
Adebayo O. Ogunlesi director 2180 RUTHERFORD ROAD, CARLSBAD CA 92130
C. Matthew Turney director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Rebecca Fine officer: EVP, Chief People Officer 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Brian P. Lynch officer: SVP, G.C. & Corp Secretary 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Samuel H Armacost director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Varsha Rajendra Rao director 6155 EL CAMINO REAL, CARLSBAD CA 92009
Bavan Holloway director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Pep Tg Investments Lp 10 percent owner C/O PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Glenn F. Hickey officer: EVP, Callaway Golf 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Artie Starrs officer: CEO, Topgolf 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Westriver Management, Llc 10 percent owner 920 5TH AVENUE, SUITE 3450, SEATTLE WA 98104