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Toromont Industries (Toromont Industries) Cyclically Adjusted Revenue per Share : $32.19 (As of Dec. 2023)


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What is Toromont Industries 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.

Toromont Industries's adjusted revenue per share for the three months ended in Dec. 2023 was $11.036. 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 $32.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Toromont Industries's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Toromont Industries was 12.80% per year. The lowest was -1.00% per year. And the median was 6.10% per year.

As of today (2024-04-29), Toromont Industries's current stock price is $94.8018. Toromont Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.19. Toromont Industries's Cyclically Adjusted PS Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toromont Industries was 3.51. The lowest was 0.84. And the median was 2.27.


Toromont Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Toromont Industries'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.

Toromont Industries Cyclically Adjusted Revenue per Share Chart

Toromont Industries 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 21.46 23.79 27.05 28.48 32.19

Toromont Industries 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 28.48 29.05 30.22 31.18 32.19

Competitive Comparison of Toromont Industries's Cyclically Adjusted Revenue per Share

For the Industrial Distribution subindustry, Toromont Industries'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.


Toromont Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toromont Industries 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, Toromont Industries'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)
=11.036/125.4675*125.4675
=11.036

Current CPI (Dec. 2023) = 125.4675.

Toromont Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.619 98.604 4.605
201406 4.937 99.473 6.227
201409 5.458 99.394 6.890
201412 5.193 98.367 6.624
201503 3.451 99.789 4.339
201506 4.999 100.500 6.241
201509 4.853 100.421 6.063
201512 4.390 99.947 5.511
201603 3.740 101.054 4.644
201606 5.145 102.002 6.329
201609 4.930 101.765 6.078
201612 4.678 101.449 5.786
201703 3.888 102.634 4.753
201706 5.034 103.029 6.130
201709 5.994 103.345 7.277
201712 7.870 103.345 9.555
201803 6.391 105.004 7.636
201806 8.937 105.557 10.623
201809 8.398 105.636 9.975
201812 8.751 105.399 10.417
201903 6.384 106.979 7.487
201906 8.958 107.690 10.437
201909 8.964 107.611 10.451
201912 9.469 107.769 11.024
202003 6.209 107.927 7.218
202006 7.602 108.401 8.799
202009 8.421 108.164 9.768
202012 9.339 108.559 10.794
202103 7.705 110.298 8.765
202106 11.051 111.720 12.411
202109 9.422 112.905 10.470
202112 8.995 113.774 9.919
202203 8.160 117.646 8.703
202206 9.892 120.806 10.274
202209 9.836 120.648 10.229
202212 10.033 120.964 10.407
202303 9.344 122.702 9.555
202306 10.658 124.203 10.766
202309 10.463 125.230 10.483
202312 11.036 125.468 11.036

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


Toromont Industries  (OTCPK:TMTNF) 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.

Toromont Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=94.8018/32.19
=2.95

* 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 Toromont Industries was 3.51. The lowest was 0.84. And the median was 2.27.


Be Aware

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


Toromont Industries Cyclically Adjusted Revenue per Share Related Terms

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


Toromont Industries (Toromont Industries) Business Description

Traded in Other Exchanges
Address
3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America.

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