GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Transcat Inc (NAS:TRNS) » Definitions » Cyclically Adjusted Revenue per Share

Transcat (Transcat) Cyclically Adjusted Revenue per Share : $26.66 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Transcat 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.

Transcat's adjusted revenue per share for the three months ended in Dec. 2023 was $7.446. 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 $26.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Transcat's average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Transcat was 10.90% per year. The lowest was -3.40% per year. And the median was 6.30% per year.

As of today (2024-04-27), Transcat's current stock price is $109.83. Transcat's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.66. Transcat's Cyclically Adjusted PS Ratio of today is 4.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Transcat was 4.55. The lowest was 0.54. And the median was 1.24.


Transcat Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Transcat'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.

Transcat Cyclically Adjusted Revenue per Share Chart

Transcat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.83 19.12 20.49 23.20 25.48

Transcat 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 24.78 25.48 26.05 26.57 26.66

Competitive Comparison of Transcat's Cyclically Adjusted Revenue per Share

For the Industrial Distribution subindustry, Transcat'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.


Transcat's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

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

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



Transcat 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, Transcat'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)
=7.446/129.4194*129.4194
=7.446

Current CPI (Dec. 2023) = 129.4194.

Transcat Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.243 99.695 5.508
201406 4.145 100.560 5.335
201409 4.409 100.428 5.682
201412 4.385 99.070 5.728
201503 4.586 99.621 5.958
201506 4.160 100.684 5.347
201509 4.140 100.392 5.337
201512 4.226 99.792 5.481
201603 4.640 100.470 5.977
201606 4.629 101.688 5.891
201609 4.789 101.861 6.085
201612 5.249 101.863 6.669
201703 5.475 102.862 6.889
201706 5.039 103.349 6.310
201709 4.931 104.136 6.128
201712 5.531 104.011 6.882
201803 5.742 105.290 7.058
201806 4.928 106.317 5.999
201809 5.170 106.507 6.282
201812 5.436 105.998 6.637
201903 5.885 107.251 7.101
201906 5.659 108.070 6.777
201909 5.580 108.329 6.666
201912 5.714 108.420 6.821
202003 6.071 108.902 7.215
202006 5.178 108.767 6.161
202009 5.512 109.815 6.496
202012 5.813 109.897 6.846
202103 6.419 111.754 7.434
202106 6.294 114.631 7.106
202109 6.634 115.734 7.418
202112 6.651 117.630 7.318
202203 7.393 121.301 7.888
202206 7.165 125.017 7.417
202209 7.382 125.227 7.629
202212 7.488 125.222 7.739
202303 8.115 127.348 8.247
202306 7.807 128.729 7.849
202309 7.902 129.860 7.875
202312 7.446 129.419 7.446

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


Transcat  (NAS:TRNS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=109.83/26.66
=4.12

* 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 Transcat was 4.55. The lowest was 0.54. And the median was 1.24.


Be Aware

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


Transcat Cyclically Adjusted Revenue per Share Related Terms

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


Transcat (Transcat) Business Description

Industry
Traded in Other Exchanges
N/A
Address
35 Vantage Point Drive, Rochester, NY, USA, 14624
Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.
Executives
Lee D. Rudow officer: Chief Operating Officer C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
James M. Jenkins officer: Gen Counsel & VP of Corp Devt 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Craig D. Cairns director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Christopher P. Gillette director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Charles P Hadeed officer: VP-Finance and CFO 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Scott Deverell other: Principal Accounting Officer 100 CHESTNUT STREET, SUITE 600, ROCHESTER NY 14604
Richard J Harrison director 44 SOUTHERN PARKWAY, ROCHESTER NY 14618
Theresa A. Conroy officer: VP, Human Resources C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Cynthia Langston director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Thomas L Barbato officer: Sr. VP Finance & CFO 105 NORTON STREET, NEWARK NY 14513
Carl E Sassano director, officer: Chairman, President and CEO C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Michael W. West officer: VP Distribution & Marketing C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Mbago M. Kaniki director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624