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Nordstrom (LTS:0K8J) Cyclically Adjusted Revenue per Share : $104.80 (As of Apr. 2024)


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What is Nordstrom 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.

Nordstrom's adjusted revenue per share for the three months ended in Apr. 2024 was $20.435. 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 $104.80 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Nordstrom's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% 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 Nordstrom was 10.60% per year. The lowest was 6.90% per year. And the median was 8.30% per year.

As of today (2024-06-04), Nordstrom's current stock price is $23.04. Nordstrom's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was $104.80. Nordstrom's Cyclically Adjusted PS Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nordstrom was 1.70. The lowest was 0.13. And the median was 0.67.


Nordstrom Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Cyclically Adjusted Revenue per Share Chart

Nordstrom 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 81.54 81.56 89.77 95.49 104.65

Nordstrom 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 99.73 100.37 100.91 104.65 104.80

Competitive Comparison of Nordstrom's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Nordstrom'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.


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

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

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



Nordstrom 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, Nordstrom'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)
=20.435/131.7762*131.7762
=20.435

Current CPI (Apr. 2024) = 131.7762.

Nordstrom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 17.602 100.520 23.075
201410 16.127 100.176 21.214
201501 20.819 98.604 27.823
201504 16.496 99.824 21.776
201507 19.127 100.691 25.032
201510 17.397 100.346 22.846
201601 23.191 99.957 30.573
201604 18.492 100.947 24.140
201607 20.887 101.524 27.111
201610 20.427 101.988 26.393
201701 24.579 102.456 31.613
201704 19.834 103.167 25.334
201707 22.510 103.278 28.721
201710 21.499 104.070 27.223
201801 27.790 104.578 35.018
201804 20.922 105.708 26.081
201807 23.881 106.324 29.598
201810 21.740 106.695 26.851
201901 26.844 106.200 33.309
201904 22.042 107.818 26.940
201907 24.884 108.250 30.292
201910 23.569 108.577 28.605
202001 28.953 108.841 35.054
202004 13.549 108.173 16.505
202007 11.845 109.318 14.278
202010 19.526 109.861 23.421
202101 23.099 110.364 27.580
202104 18.984 112.673 22.203
202107 22.463 115.183 25.699
202110 22.382 116.696 25.274
202201 25.886 118.619 28.757
202204 21.909 121.978 23.669
202207 25.138 125.002 26.500
202210 22.232 125.734 23.300
202301 26.743 126.223 27.920
202304 19.782 127.992 20.367
202307 23.113 128.974 23.615
202310 20.293 129.810 20.600
202401 26.138 130.124 26.470
202404 20.435 131.776 20.435

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


Nordstrom  (LTS:0K8J) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.04/104.8
=0.22

* 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 Nordstrom was 1.70. The lowest was 0.13. And the median was 0.67.


Be Aware

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


Nordstrom Cyclically Adjusted Revenue per Share Related Terms

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


Nordstrom (LTS:0K8J) Business Description

Industry
Traded in Other Exchanges
Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

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