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Trex Co (FRA:TRR) Cyclically Adjusted Revenue per Share : €7.27 (As of Mar. 2024)


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What is Trex 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.

Trex Co's adjusted revenue per share for the three months ended in Mar. 2024 was €3.160. 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 €7.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trex Co's average Cyclically Adjusted Revenue Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% 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 Trex Co was 19.10% per year. The lowest was 2.50% per year. And the median was 7.30% per year.

As of today (2024-06-10), Trex Co's current stock price is €73.56. Trex Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.27. Trex Co's Cyclically Adjusted PS Ratio of today is 10.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Trex Co was 26.80. The lowest was 1.99. And the median was 8.47.


Trex Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Trex 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.

Trex Co Cyclically Adjusted Revenue per Share Chart

Trex Co 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 3.48 3.55 4.81 6.08 6.82

Trex Co 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 6.19 6.53 6.96 6.82 7.27

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

For the Building Products & Equipment subindustry, Trex 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.


Trex Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Trex 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, Trex Co'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)
=3.16/131.7762*131.7762
=3.160

Current CPI (Mar. 2024) = 131.7762.

Trex Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.670 100.560 0.878
201409 0.579 100.428 0.760
201412 0.469 99.070 0.624
201503 0.869 99.621 1.149
201506 0.948 100.684 1.241
201509 0.664 100.392 0.872
201512 0.661 99.792 0.873
201603 0.988 100.470 1.296
201606 1.105 101.688 1.432
201609 0.801 101.861 1.036
201612 0.765 101.863 0.990
201703 1.145 102.862 1.467
201706 1.189 103.349 1.516
201709 0.994 104.136 1.258
201712 0.872 104.011 1.105
201803 1.173 105.290 1.468
201806 1.498 106.317 1.857
201809 1.207 106.507 1.493
201812 1.044 105.998 1.298
201903 1.351 107.251 1.660
201906 1.557 108.070 1.899
201909 1.507 108.329 1.833
201912 1.267 108.420 1.540
202003 1.555 108.902 1.882
202006 1.688 108.767 2.045
202009 1.692 109.815 2.030
202012 1.615 109.897 1.937
202103 1.778 111.754 2.097
202106 2.236 114.631 2.570
202109 2.469 115.734 2.811
202112 2.324 117.630 2.603
202203 2.682 121.301 2.914
202206 3.226 125.017 3.400
202209 1.726 125.227 1.816
202212 1.661 125.222 1.748
202303 2.047 127.348 2.118
202306 3.023 128.729 3.095
202309 2.619 129.860 2.658
202312 1.651 129.419 1.681
202403 3.160 131.776 3.160

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


Trex Co  (FRA:TRR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=73.56/7.27
=10.12

* 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 Trex Co was 26.80. The lowest was 1.99. And the median was 8.47.


Be Aware

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


Trex Co Cyclically Adjusted Revenue per Share Related Terms

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


Trex Co (FRA:TRR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trex Co Inc (FRA:TRR) » Definitions » Cyclically Adjusted Revenue per Share
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Address
160 Exeter Drive, Winchester, VA, USA, 22603-8605
Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in two reportable segments Trex Residential and Trex Commercial. The majority of revenue is derived from the Trex Residential segment.

Trex Co (FRA:TRR) Headlines