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PACCAR (PACCAR) Cyclically Adjusted Revenue per Share : $51.04 (As of Dec. 2023)


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What is PACCAR 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.

PACCAR's adjusted revenue per share for the three months ended in Dec. 2023 was $17.269. 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 $51.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PACCAR's average Cyclically Adjusted Revenue Growth Rate was 8.70% 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 8.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 PACCAR was 13.00% per year. The lowest was 2.20% per year. And the median was 8.80% per year.

As of today (2024-04-27), PACCAR's current stock price is $111.96. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $51.04. PACCAR's Cyclically Adjusted PS Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PACCAR was 2.43. The lowest was 0.94. And the median was 1.41.


PACCAR Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted Revenue per Share Chart

PACCAR 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 37.25 39.13 42.78 46.97 51.04

PACCAR 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 46.97 48.42 49.59 50.62 51.04

Competitive Comparison of PACCAR's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PACCAR 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, PACCAR'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)
=17.269/129.4194*129.4194
=17.269

Current CPI (Dec. 2023) = 129.4194.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.202 99.695 10.648
201406 8.550 100.560 11.004
201409 9.221 100.428 11.883
201412 9.592 99.070 12.530
201503 9.047 99.621 11.753
201506 9.505 100.684 12.218
201509 9.080 100.392 11.705
201512 8.200 99.792 10.634
201603 8.160 100.470 10.511
201606 8.368 101.688 10.650
201609 8.053 101.861 10.232
201612 7.714 101.863 9.801
201703 8.010 102.862 10.078
201706 8.892 103.349 11.135
201709 9.558 104.136 11.879
201712 10.296 104.011 12.811
201803 10.663 105.290 13.107
201806 10.979 106.317 13.365
201809 10.919 106.507 13.268
201812 11.972 105.998 14.617
201903 12.435 107.251 15.005
201906 12.708 108.070 15.219
201909 12.225 108.329 14.605
201912 11.746 108.420 14.021
202003 9.908 108.902 11.775
202006 5.887 108.767 7.005
202009 9.467 109.815 11.157
202012 10.669 109.897 12.564
202103 11.185 111.754 12.953
202106 11.179 114.631 12.621
202109 9.851 115.734 11.016
202112 12.784 117.630 14.065
202203 12.369 121.301 13.197
202206 13.683 125.017 14.165
202209 13.489 125.227 13.941
202212 15.523 125.222 16.043
202303 16.158 127.348 16.421
202306 16.923 128.729 17.014
202309 16.555 129.860 16.499
202312 17.269 129.419 17.269

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


PACCAR  (NAS:PCAR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.96/51.04
=2.19

* 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 PACCAR was 2.43. The lowest was 0.94. And the median was 1.41.


Be Aware

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


PACCAR Cyclically Adjusted Revenue per Share Related Terms

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


PACCAR (PACCAR) Business Description

Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
Executives
Todd R Hubbard officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski officer: Vice President & Controller 777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley officer: VICE PRESIDENT/CONTROLLER 777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott director, officer: CHAIRMAN & CEO
C Michael Dozier officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath director 777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich officer: V.P. & CHIEF TECH. OFFICER 777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton officer: VICE PRESIDENT/GENERAL COUNSEL 777 106TH AVENUE NE, BELLEVUE WA 98004

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