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Trane Technologies (BSP:I1RP34) Cyclically Adjusted Revenue per Share : R$152.89 (As of Mar. 2024)


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What is Trane Technologies 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.

Trane Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was R$45.735. 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 R$152.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trane Technologies's average Cyclically Adjusted Revenue Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Trane Technologies was 10.60% per year. The lowest was 1.70% per year. And the median was 4.90% per year.

As of today (2024-06-10), Trane Technologies's current stock price is R$841.00. Trane Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$152.89. Trane Technologies's Cyclically Adjusted PS Ratio of today is 5.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trane Technologies was 5.17. The lowest was 0.93. And the median was 1.68.


Trane Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Trane Technologies'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.

Trane Technologies Cyclically Adjusted Revenue per Share Chart

Trane Technologies 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 - 126.32 144.82 160.13 156.67

Trane Technologies 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 158.01 150.34 161.46 156.67 152.89

Competitive Comparison of Trane Technologies's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Trane Technologies'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.


Trane Technologies's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Trane Technologies 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, Trane Technologies'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)
=45.735/120.9901*120.9901
=45.735

Current CPI (Mar. 2024) = 120.9901.

Trane Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.446 100.773 17.344
201409 14.569 100.474 17.544
201412 15.883 99.576 19.299
201503 16.893 99.975 20.444
201506 20.792 100.573 25.013
201509 25.364 100.274 30.604
201512 24.343 99.676 29.548
201603 20.479 99.676 24.858
201606 24.133 101.072 28.889
201609 22.167 100.274 26.747
201612 21.450 99.676 26.037
201703 17.868 100.374 21.538
201706 24.797 100.673 29.801
201709 22.395 100.474 26.968
201712 23.533 100.075 28.451
201803 21.932 100.573 26.384
201806 32.853 101.072 39.327
201809 33.190 101.371 39.614
201812 4.474 100.773 5.372
201903 21.958 101.670 26.131
201906 28.478 102.168 33.724
201909 29.228 102.268 34.579
201912 26.866 102.068 31.847
202003 26.632 102.367 31.477
202006 33.606 101.769 39.953
202009 38.727 101.072 46.359
202012 33.474 101.072 40.071
202103 34.974 102.367 41.337
202106 39.560 103.364 46.306
202109 40.622 104.859 46.871
202112 41.910 106.653 47.544
202203 35.214 109.245 39.000
202206 44.870 112.779 48.137
202209 48.984 113.504 52.215
202212 45.954 115.436 48.165
202303 41.239 117.609 42.424
202306 49.577 119.662 50.127
202309 52.288 120.749 52.393
202312 47.104 120.749 47.198
202403 45.735 120.990 45.735

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


Trane Technologies  (BSP:I1RP34) 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.

Trane Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=841.00/152.89
=5.50

* 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 Trane Technologies was 5.17. The lowest was 0.93. And the median was 1.68.


Be Aware

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


Trane Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Trane Technologies (BSP:I1RP34) Business Description

Industry
Traded in Other Exchanges
Address
170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $16 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.

Trane Technologies (BSP:I1RP34) Headlines

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