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Nucor (NUE) Cyclically Adjusted Revenue per Share : $101.53 (As of Mar. 2024)


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What is Nucor 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.

Nucor's adjusted revenue per share for the three months ended in Mar. 2024 was $33.418. 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 $101.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nucor's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 Nucor was 20.40% per year. The lowest was 0.90% per year. And the median was 11.00% per year.

As of today (2024-04-28), Nucor's current stock price is $175.42. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $101.53. Nucor's Cyclically Adjusted PS Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nucor was 2.02. The lowest was 0.46. And the median was 0.92.


Nucor Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted Revenue per Share Chart

Nucor 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 66.72 68.33 78.07 91.13 100.26

Nucor 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 94.25 97.16 99.51 100.26 101.53

Competitive Comparison of Nucor's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Nucor'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.


Nucor's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Nucor 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, Nucor'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)
=33.418/129.4194*129.4194
=33.418

Current CPI (Mar. 2024) = 129.4194.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.536 100.560 21.282
201409 17.800 100.428 22.939
201412 15.616 99.070 20.400
201503 13.728 99.621 17.834
201506 13.587 100.684 17.465
201509 13.168 100.392 16.975
201512 10.781 99.792 13.982
201603 11.637 100.470 14.990
201606 13.285 101.688 16.908
201609 13.406 101.861 17.033
201612 12.349 101.863 15.690
201703 14.994 102.862 18.865
201706 16.109 103.349 20.173
201709 16.118 104.136 20.031
201712 15.916 104.011 19.804
201803 17.376 105.290 21.358
201806 20.228 106.317 24.624
201809 21.282 106.507 25.860
201812 20.291 105.998 24.775
201903 19.847 107.251 23.949
201906 19.271 108.070 23.078
201909 17.918 108.329 21.406
201912 16.885 108.420 20.155
202003 18.566 108.902 22.064
202006 14.285 108.767 16.997
202009 16.240 109.815 19.139
202012 17.315 109.897 20.391
202103 23.196 111.754 26.863
202106 29.541 114.631 33.352
202109 35.422 115.734 39.611
202112 36.652 117.630 40.326
202203 38.565 121.301 41.146
202206 44.724 125.017 46.299
202209 40.461 125.227 41.816
202212 33.947 125.222 35.085
202303 34.238 127.348 34.795
202306 38.013 128.729 38.217
202309 35.256 129.860 35.137
202312 31.053 129.419 31.053
202403 33.418 129.419 33.418

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


Nucor  (NYSE:NUE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=175.42/101.53
=1.73

* 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 Nucor was 2.02. The lowest was 0.46. And the median was 0.92.


Be Aware

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


Nucor Cyclically Adjusted Revenue per Share Related Terms

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


Nucor (NUE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (NYSE:NUE) » Definitions » Cyclically Adjusted Revenue per Share
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
Executives
Douglas J Jellison officer: Executive Vice President 1915 REXFORD RD, CHARLOTTE NC 28211
Nicholas C Gangestad director 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
D. Chad Utermark officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Michael D Keller officer: General Mgr. and Corp. Contro 1915 REXFORD ROAD, CHARLOTTE NC 28211
Allen C Behr officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
David A Sumoski officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Gregory J Murphy officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Leon J Topalian officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Daniel R. Needham officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Noah C Hanners officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Kenneth Rex Query officer: Executive Vice President 2100 REXFORD RD, CHARLOTTE NC 28211
John J Hollatz officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211
Stephen D Laxton officer: CFO, Treasurer and EVP 1915 REXFORD ROAD, CHARLOTTE NC 28211
Bradley Ford officer: Executive Vice President 1915 REXFORD ROAD, CHARLOTTE NC 28211

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