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Bird Construction (TSX:BDT) Cyclically Adjusted Revenue per Share : C$42.94 (As of Dec. 2023)


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What is Bird Construction 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.

Bird Construction's adjusted revenue per share for the three months ended in Dec. 2023 was C$14.729. 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 C$42.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bird Construction's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Bird Construction was 7.40% per year. The lowest was 3.80% per year. And the median was 5.95% per year.

As of today (2024-04-27), Bird Construction's current stock price is C$19.14. Bird Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$42.94. Bird Construction's Cyclically Adjusted PS Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bird Construction was 0.50. The lowest was 0.12. And the median was 0.25.


Bird Construction Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bird Construction'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.

Bird Construction Cyclically Adjusted Revenue per Share Chart

Bird Construction 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 33.47 34.64 37.76 40.24 42.94

Bird Construction 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 40.24 40.96 41.80 42.49 42.94

Competitive Comparison of Bird Construction's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Bird Construction'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.


Bird Construction's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Bird Construction 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, Bird Construction'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)
=14.729/125.4675*125.4675
=14.729

Current CPI (Dec. 2023) = 125.4675.

Bird Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.460 98.604 8.220
201406 7.734 99.473 9.755
201409 8.711 99.394 10.996
201412 9.186 98.367 11.717
201503 7.201 99.789 9.054
201506 7.887 100.500 9.846
201509 9.170 100.421 11.457
201512 9.724 99.947 12.207
201603 7.957 101.054 9.879
201606 9.718 102.002 11.954
201609 9.588 101.765 11.821
201612 10.130 101.449 12.528
201703 7.382 102.634 9.024
201706 8.240 103.029 10.035
201709 9.145 103.345 11.103
201712 8.598 103.345 10.439
201803 6.925 105.004 8.275
201806 7.529 105.557 8.949
201809 8.970 105.636 10.654
201812 9.075 105.399 10.803
201903 6.157 106.979 7.221
201906 7.419 107.690 8.644
201909 8.904 107.611 10.381
201912 9.893 107.769 11.518
202003 7.565 107.927 8.794
202006 6.651 108.401 7.698
202009 7.987 108.164 9.265
202012 10.452 108.559 12.080
202103 8.383 110.298 9.536
202106 10.490 111.720 11.781
202109 11.666 112.905 12.964
202112 11.132 113.774 12.276
202203 8.856 117.646 9.445
202206 10.740 120.806 11.154
202209 12.444 120.648 12.941
202212 12.086 120.964 12.536
202303 9.981 122.702 10.206
202306 12.765 124.203 12.895
202309 14.576 125.230 14.604
202312 14.729 125.468 14.729

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


Bird Construction  (TSX:BDT) 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.

Bird Construction's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.14/42.94
=0.45

* 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 Bird Construction was 0.50. The lowest was 0.12. And the median was 0.25.


Be Aware

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


Bird Construction Cyclically Adjusted Revenue per Share Related Terms

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


Bird Construction (TSX:BDT) Business Description

Industry
Traded in Other Exchanges
Address
5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Bird Construction Inc is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets, to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. It also provides vertical infrastructure including, electrical, mechanical, and specialty trades. In addition to its commitment to safety, Bird provides services that offer long-term value to its stakeholders.

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