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TJX (BSP:TJXC34) Cyclically Adjusted Revenue per Share : R$195.73 (As of Apr. 2024)


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What is TJX 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.

TJX's adjusted revenue per share for the three months ended in Apr. 2024 was R$55.861. 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$195.73 for the trailing ten years ended in Apr. 2024.

During the past 12 months, TJX's average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% 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 TJX was 15.60% per year. The lowest was 9.40% per year. And the median was 11.70% per year.

As of today (2024-06-03), TJX's current stock price is R$543.24. TJX's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was R$195.73. TJX's Cyclically Adjusted PS Ratio of today is 2.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TJX was 2.80. The lowest was 1.54. And the median was 2.32.


TJX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TJX'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.

TJX Cyclically Adjusted Revenue per Share Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.58 140.09 157.47 173.41 184.72

TJX Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 172.53 167.19 182.14 184.72 195.73

Competitive Comparison of TJX's Cyclically Adjusted Revenue per Share

For the Apparel Retail subindustry, TJX'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.


TJX's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



TJX 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, TJX's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=55.861/131.7762*131.7762
=55.861

Current CPI (Apr. 2024) = 131.7762.

TJX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 10.908 100.520 14.300
201410 12.870 100.176 16.930
201501 15.721 98.604 21.010
201504 15.108 99.824 19.944
201507 17.347 100.691 22.702
201510 22.066 100.346 28.977
201601 26.932 99.957 35.505
201604 20.045 100.947 26.167
201607 19.380 101.524 25.155
201610 19.957 101.988 25.786
201701 22.956 102.456 29.525
201704 18.658 103.167 23.832
201707 20.622 103.278 26.312
201710 21.755 104.070 27.547
201801 27.569 104.578 34.739
201804 23.343 105.708 29.100
201807 28.173 106.324 34.917
201810 29.387 106.695 36.295
201901 33.395 106.200 41.438
201904 29.316 107.818 35.830
201907 30.073 108.250 36.609
201910 34.851 108.577 42.297
202001 41.556 108.841 50.313
202004 19.571 108.173 23.841
202007 29.335 109.318 35.362
202010 46.873 109.861 56.224
202101 46.483 110.364 55.501
202104 45.983 112.673 53.779
202107 51.065 115.183 58.421
202110 57.125 116.696 64.507
202201 63.513 118.619 70.558
202204 45.612 121.978 49.276
202207 53.969 125.002 56.894
202210 54.524 125.734 57.144
202301 64.327 126.223 67.157
202304 50.788 127.992 52.290
202307 52.752 128.974 53.898
202310 57.916 129.810 58.793
202401 70.002 130.124 70.891
202404 55.861 131.776 55.861

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


TJX  (BSP:TJXC34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=543.24/195.73
=2.78

* 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 TJX was 2.80. The lowest was 1.54. And the median was 2.32.


Be Aware

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


TJX Cyclically Adjusted Revenue per Share Related Terms

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


TJX (BSP:TJXC34) Business Description

Industry
Traded in Other Exchanges
Address
770 Cochituate Road, Framingham, MA, USA, 01701
TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

TJX (BSP:TJXC34) Headlines

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