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Patrick Industries (FRA:PK2) Cyclically Adjusted Revenue per Share : €110.23 (As of Mar. 2024)


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What is Patrick Industries 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.

Patrick Industries's adjusted revenue per share for the three months ended in Mar. 2024 was €38.896. 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 €110.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Patrick Industries's average Cyclically Adjusted Revenue Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 26.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 18.90% 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 Patrick Industries was 28.30% per year. The lowest was -7.60% per year. And the median was 3.40% per year.

As of today (2024-06-02), Patrick Industries's current stock price is €104.00. Patrick Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €110.23. Patrick Industries's Cyclically Adjusted PS Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Patrick Industries was 2.41. The lowest was 0.35. And the median was 1.07.


Patrick Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Patrick Industries'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.

Patrick Industries Cyclically Adjusted Revenue per Share Chart

Patrick Industries 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 42.47 46.29 68.40 95.40 105.65

Patrick Industries 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 93.53 100.38 108.72 105.65 110.23

Competitive Comparison of Patrick Industries's Cyclically Adjusted Revenue per Share

For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries'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.


Patrick Industries's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Patrick Industries 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, Patrick Industries'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)
=38.896/131.7762*131.7762
=38.896

Current CPI (Mar. 2024) = 131.7762.

Patrick Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.710 100.560 7.483
201409 6.052 100.428 7.941
201412 6.482 99.070 8.622
201503 8.891 99.621 11.761
201506 8.940 100.684 11.701
201509 8.215 100.392 10.783
201512 9.824 99.792 12.973
201603 10.980 100.470 14.401
201606 12.277 101.688 15.910
201609 11.802 101.861 15.268
201612 13.365 101.863 17.290
201703 13.847 102.862 17.739
201706 14.500 103.349 18.488
201709 13.659 104.136 17.284
201712 15.982 104.011 20.248
201803 17.823 105.290 22.307
201806 21.121 106.317 26.179
201809 20.341 106.507 25.167
201812 19.945 105.998 24.796
201903 23.154 107.251 28.449
201906 23.276 108.070 28.382
201909 22.090 108.329 26.871
201912 21.239 108.420 25.814
202003 22.919 108.902 27.733
202006 16.420 108.767 19.894
202009 25.785 109.815 30.942
202012 27.512 109.897 32.989
202103 30.680 111.754 36.177
202106 36.124 114.631 41.527
202109 38.506 115.734 43.843
202112 43.594 117.630 48.837
202203 48.979 121.301 53.209
202206 57.110 125.017 60.198
202209 46.009 125.227 48.415
202212 37.186 125.222 39.132
202303 37.344 127.348 38.643
202306 39.005 128.729 39.928
202309 37.082 129.860 37.629
202312 32.694 129.419 33.289
202403 38.896 131.776 38.896

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


Patrick Industries  (FRA:PK2) 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.

Patrick Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=104.00/110.23
=0.94

* 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 Patrick Industries was 2.41. The lowest was 0.35. And the median was 1.07.


Be Aware

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


Patrick Industries Cyclically Adjusted Revenue per Share Related Terms

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


Patrick Industries (FRA:PK2) Business Description

Traded in Other Exchanges
Address
107 West Franklin Street, P.O. Box 638, Elkhart, IN, USA, 46515
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.

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