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Boston Pizza Royaltiesome Fund (TSX:BPF.UN) Cyclically Adjusted Revenue per Share : C$2.06 (As of Dec. 2023)


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What is Boston Pizza Royaltiesome Fund 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.

Boston Pizza Royaltiesome Fund's adjusted revenue per share for the three months ended in Dec. 2023 was C$0.493. 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$2.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Boston Pizza Royaltiesome Fund's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% 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 Boston Pizza Royaltiesome Fund was 3.30% per year. The lowest was -6.50% per year. And the median was -2.50% per year.

As of today (2024-04-27), Boston Pizza Royaltiesome Fund's current stock price is C$15.82. Boston Pizza Royaltiesome Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$2.06. Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio of today is 7.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Boston Pizza Royaltiesome Fund was 10.16. The lowest was 2.99. And the median was 7.96.


Boston Pizza Royaltiesome Fund Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Boston Pizza Royaltiesome Fund'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.

Boston Pizza Royaltiesome Fund Cyclically Adjusted Revenue per Share Chart

Boston Pizza Royaltiesome Fund 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 1.91 1.87 1.91 2.01 2.06

Boston Pizza Royaltiesome Fund 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 2.01 2.03 2.05 2.06 2.06

Competitive Comparison of Boston Pizza Royaltiesome Fund's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund'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.


Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio falls into.



Boston Pizza Royaltiesome Fund 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, Boston Pizza Royaltiesome Fund'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)
=0.493/125.4675*125.4675
=0.493

Current CPI (Dec. 2023) = 125.4675.

Boston Pizza Royaltiesome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.420 98.604 0.534
201406 0.445 99.473 0.561
201409 0.458 99.394 0.578
201412 0.454 98.367 0.579
201503 0.436 99.789 0.548
201506 0.506 100.500 0.632
201509 0.480 100.421 0.600
201512 0.507 99.947 0.636
201603 0.440 101.054 0.546
201606 0.469 102.002 0.577
201609 0.480 101.765 0.592
201612 0.531 101.449 0.657
201703 0.437 102.634 0.534
201706 0.459 103.029 0.559
201709 0.481 103.345 0.584
201712 0.456 103.345 0.554
201803 0.439 105.004 0.525
201806 0.463 105.557 0.550
201809 0.482 105.636 0.572
201812 0.455 105.399 0.542
201903 0.439 106.979 0.515
201906 0.461 107.690 0.537
201909 0.466 107.611 0.543
201912 0.449 107.769 0.523
202003 0.371 107.927 0.431
202006 0.230 108.401 0.266
202009 0.398 108.164 0.462
202012 0.315 108.559 0.364
202103 0.277 110.298 0.315
202106 0.290 111.720 0.326
202109 0.457 112.905 0.508
202112 0.393 113.774 0.433
202203 0.384 117.646 0.410
202206 0.471 120.806 0.489
202209 0.493 120.648 0.513
202212 0.487 120.964 0.505
202303 0.481 122.702 0.492
202306 0.501 124.203 0.506
202309 0.519 125.230 0.520
202312 0.493 125.468 0.493

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


Boston Pizza Royaltiesome Fund  (TSX:BPF.UN) 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.

Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.82/2.06
=7.68

* 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 Boston Pizza Royaltiesome Fund was 10.16. The lowest was 2.99. And the median was 7.96.


Be Aware

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


Boston Pizza Royaltiesome Fund Cyclically Adjusted Revenue per Share Related Terms

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


Boston Pizza Royaltiesome Fund (TSX:BPF.UN) Business Description

Traded in Other Exchanges
Address
13571 Commerce Parkway, Suite 201, Richmond, BC, CAN, V6V 2R2
Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It is engaged in the operation and franchising of Boston Pizza restaurants in Canada. The Trust distributes all available cash from operations to the Trust unitholders to the maximum extent possible. The company receives revenue in the form of royalty income.

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