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Empire Co (TSX:EMP.A) Cyclically Adjusted Revenue per Share : C$114.47 (As of Jan. 2024)


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What is Empire 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.

Empire Co's adjusted revenue per share for the three months ended in Jan. 2024 was C$30.365. 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$114.47 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Empire Co's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Empire Co was 10.40% per year. The lowest was 1.90% per year. And the median was 4.10% per year.

As of today (2024-04-27), Empire Co's current stock price is C$32.00. Empire Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$114.47. Empire Co's Cyclically Adjusted PS Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Empire Co was 0.44. The lowest was 0.17. And the median was 0.32.


Empire Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Empire 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.

Empire Co Cyclically Adjusted Revenue per Share Chart

Empire Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.67 93.31 97.78 106.22 111.88

Empire Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 109.85 111.88 113.41 114.09 114.47

Competitive Comparison of Empire Co's Cyclically Adjusted Revenue per Share

For the Grocery Stores subindustry, Empire 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.


Empire Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Empire 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, Empire Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=30.365/125.4675*125.4675
=30.365

Current CPI (Jan. 2024) = 125.4675.

Empire Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 21.460 98.920 27.219
201407 22.467 99.315 28.383
201410 21.643 99.473 27.299
201501 21.427 98.209 27.374
201504 20.795 99.710 26.167
201507 22.523 100.579 28.096
201510 21.992 100.500 27.455
201601 22.176 100.184 27.772
201604 23.142 101.370 28.643
201607 22.771 101.844 28.053
201610 21.789 102.002 26.802
201701 21.680 102.318 26.585
201704 21.214 103.029 25.834
201707 23.097 103.029 28.127
201710 22.172 103.424 26.898
201801 22.172 104.056 26.734
201804 21.548 105.320 25.670
201807 23.739 106.110 28.070
201810 22.828 105.952 27.033
201901 22.926 105.557 27.250
201904 22.770 107.453 26.587
201907 24.715 108.243 28.648
201910 23.625 107.927 27.465
202001 23.633 108.085 27.434
202004 25.997 107.216 30.422
202007 27.256 108.401 31.547
202010 25.828 108.638 29.829
202101 26.087 109.192 29.976
202104 25.534 110.851 28.901
202107 28.444 112.431 31.742
202110 27.485 113.695 30.331
202201 27.849 114.801 30.436
202204 29.607 118.357 31.386
202207 30.184 120.964 31.308
202210 29.326 121.517 30.279
202301 28.982 121.596 29.905
202304 28.980 123.571 29.425
202307 32.019 124.914 32.161
202310 31.022 125.310 31.061
202401 30.365 125.468 30.365

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


Empire Co  (TSX:EMP.A) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.00/114.47
=0.28

* 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 Empire Co was 0.44. The lowest was 0.17. And the median was 0.32.


Be Aware

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


Empire Co Cyclically Adjusted Revenue per Share Related Terms

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


Empire Co (TSX:EMP.A) Business Description

Industry
Traded in Other Exchanges
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

Empire Co (TSX:EMP.A) Headlines

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