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Tractor Supply Co (Tractor Supply Co) Cyclically Adjusted Revenue per Share : $92.48 (As of Mar. 2024)


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What is Tractor Supply Co 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.

Tractor Supply Co's adjusted revenue per share for the three months ended in Mar. 2024 was $31.281. 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 $92.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tractor Supply Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% 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 Tractor Supply Co was 18.90% per year. The lowest was 12.70% per year. And the median was 15.80% per year.

As of today (2024-04-28), Tractor Supply Co's current stock price is $273.90. Tractor Supply Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $92.48. Tractor Supply Co's Cyclically Adjusted PS Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tractor Supply Co was 3.69. The lowest was 1.43. And the median was 2.64.


Tractor Supply Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tractor Supply Co'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.

Tractor Supply Co Cyclically Adjusted Revenue per Share Chart

Tractor Supply Co 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 47.94 54.78 66.34 79.25 90.44

Tractor Supply Co 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 82.58 85.93 88.69 90.44 92.48

Competitive Comparison of Tractor Supply Co's Cyclically Adjusted Revenue per Share

For the Specialty Retail subindustry, Tractor Supply Co'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.


Tractor Supply Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tractor Supply Co 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, Tractor Supply Co'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)
=31.281/129.4194*129.4194
=31.281

Current CPI (Mar. 2024) = 129.4194.

Tractor Supply Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.304 100.560 14.548
201409 9.793 100.428 12.620
201412 11.502 99.070 15.026
201503 9.666 99.621 12.557
201506 12.903 100.684 16.586
201509 10.792 100.392 13.912
201512 12.152 99.792 15.760
201603 10.896 100.470 14.036
201606 13.767 101.688 17.521
201609 11.491 101.861 14.600
201612 14.550 101.863 18.486
201703 11.931 102.862 15.011
201706 15.675 103.349 19.629
201709 13.565 104.136 16.859
201712 15.488 104.011 19.271
201803 13.444 105.290 16.525
201806 18.027 106.317 21.944
201809 15.328 106.507 18.626
201812 17.319 105.998 21.146
201903 14.918 107.251 18.002
201906 19.371 108.070 23.198
201909 16.527 108.329 19.745
201912 18.379 108.420 21.939
202003 16.684 108.902 19.827
202006 27.192 108.767 32.355
202009 22.137 109.815 26.089
202012 24.443 109.897 28.785
202103 23.820 111.754 27.585
202106 31.024 114.631 35.026
202109 26.199 115.734 29.297
202112 28.917 117.630 31.815
202203 26.643 121.301 28.426
202206 34.753 125.017 35.977
202209 29.319 125.227 30.301
202212 36.024 125.222 37.232
202303 29.782 127.348 30.266
202306 38.029 128.729 38.233
202309 31.205 129.860 31.099
202312 33.632 129.419 33.632
202403 31.281 129.419 31.281

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


Tractor Supply Co  (NAS:TSCO) 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.

Tractor Supply Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=273.90/92.48
=2.96

* 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 Tractor Supply Co was 3.69. The lowest was 1.43. And the median was 2.64.


Be Aware

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


Tractor Supply Co Cyclically Adjusted Revenue per Share Related Terms

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


Tractor Supply Co (Tractor Supply Co) Business Description

Industry
Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).
Executives
Joy Brown director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Kurt D Barton officer: SVP Chief Financial Officer 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Margaret M Ham director 14100 MCCORD RD., HUNTERSVILLE NC 28078
Jonathan S Estep officer: SVP General Merchandising TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Robert D Mills officer: SVP-Chief Information Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Yankee Colin officer: EVP Supply Chain TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Melissa Kersey officer: EVP Chief HR Officer TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Noni L Ellison officer: SVP General Counsel TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Matthew L. Rubin officer: SVP Petsense GM TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Lawton Iii Harry A director, officer: President & CEO C/O EBAY INC., 2065, SAN JOSE CA 95125
Edna Morris director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Mark J Weikel director 4743 ENGLISH PLEAASURE DRIVE, MASON OH 45040
Kimberley S. Gardiner officer: SVP Chief Marketing Officer 3845 PACIFIC STREET, LONG BEACH CA 90807
Andre J Hawaux director 4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027