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Nutrien (TSX:NTR) Cyclically Adjusted Revenue per Share : C$51.60 (As of Mar. 2024)


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What is Nutrien 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.

Nutrien's adjusted revenue per share for the three months ended in Mar. 2024 was C$14.743. 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$51.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nutrien's average Cyclically Adjusted Revenue Growth Rate was 14.00% 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 16.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 Nutrien was 20.30% per year. The lowest was 4.10% per year. And the median was 9.20% per year.

As of today (2024-06-09), Nutrien's current stock price is C$76.24. Nutrien's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$51.60. Nutrien's Cyclically Adjusted PS Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nutrien was 5.86. The lowest was 1.31. And the median was 2.63.


Nutrien Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nutrien'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.

Nutrien Cyclically Adjusted Revenue per Share Chart

Nutrien 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 27.54 30.51 35.17 43.73 50.34

Nutrien 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 45.25 48.12 49.48 50.34 51.60

Competitive Comparison of Nutrien's Cyclically Adjusted Revenue per Share

For the Agricultural Inputs subindustry, Nutrien'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.


Nutrien's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nutrien 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, Nutrien'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)
=14.743/126.2576*126.2576
=14.743

Current CPI (Mar. 2024) = 126.2576.

Nutrien Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.048 99.473 7.676
201409 5.404 99.394 6.865
201412 6.560 98.367 8.420
201503 6.274 99.789 7.938
201506 6.387 100.500 8.024
201509 6.055 100.421 7.613
201512 5.544 99.947 7.003
201603 4.771 101.054 5.961
201606 4.042 102.002 5.003
201609 4.432 101.765 5.499
201612 4.202 101.449 5.230
201703 4.429 102.634 5.448
201706 4.431 103.029 5.430
201709 4.508 103.345 5.507
201712 4.105 103.345 5.015
201803 7.371 105.004 8.863
201806 16.857 105.557 20.163
201809 8.457 105.636 10.108
201812 8.507 105.399 10.191
201903 8.247 106.979 9.733
201906 19.837 107.690 23.257
201909 9.622 107.611 11.289
201912 8.045 107.769 9.425
202003 10.260 107.927 12.003
202006 20.075 108.401 23.382
202009 9.826 108.164 11.470
202012 9.117 108.559 10.603
202103 10.255 110.298 11.739
202106 20.858 111.720 23.572
202109 13.339 112.905 14.917
202112 16.320 113.774 18.111
202203 17.477 117.646 18.756
202206 33.668 120.806 35.187
202209 20.371 120.648 21.318
202212 19.768 120.964 20.633
202303 16.639 122.702 17.121
202306 31.221 124.203 31.737
202309 15.391 125.230 15.517
202312 15.356 125.072 15.502
202403 14.743 126.258 14.743

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


Nutrien  (TSX:NTR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=76.24/51.6
=1.48

* 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 Nutrien was 5.86. The lowest was 1.31. And the median was 2.63.


Be Aware

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


Nutrien Cyclically Adjusted Revenue per Share Related Terms

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


Nutrien (TSX:NTR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nutrien Ltd (TSX:NTR) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Executives
Noralee Bradley Senior Officer

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