GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linamar Corp (TSX:LNR) » Definitions » Cyclically Adjusted Revenue per Share

Linamar (TSX:LNR) Cyclically Adjusted Revenue per Share : C$121.62 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Linamar 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.

Linamar's adjusted revenue per share for the three months ended in Mar. 2024 was C$44.218. 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 C$121.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Linamar's average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 Linamar was 13.90% per year. The lowest was 5.70% per year. And the median was 10.55% per year.

As of today (2024-06-09), Linamar's current stock price is C$69.16. Linamar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$121.62. Linamar's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Linamar was 1.94. The lowest was 0.35. And the median was 0.85.


Linamar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted Revenue per Share Chart

Linamar 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 79.20 84.66 93.57 105.73 118.12

Linamar 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 109.33 112.99 116.11 118.12 121.62

Competitive Comparison of Linamar's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Linamar'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.


Linamar's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Linamar 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, Linamar'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)
=44.218/126.2576*126.2576
=44.218

Current CPI (Mar. 2024) = 126.2576.

Linamar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.876 99.473 21.420
201409 15.555 99.394 19.759
201412 15.231 98.367 19.550
201503 19.440 99.789 24.596
201506 20.844 100.500 26.186
201509 19.415 100.421 24.410
201512 18.919 99.947 23.899
201603 23.051 101.054 28.800
201606 25.173 102.002 31.159
201609 22.148 101.765 27.479
201612 20.841 101.449 25.938
201703 25.106 102.634 30.885
201706 26.724 103.029 32.749
201709 23.408 103.345 28.598
201712 23.779 103.345 29.051
201803 28.656 105.004 34.456
201806 32.615 105.557 39.011
201809 27.754 105.636 33.172
201812 26.232 105.399 31.423
201903 29.842 106.979 35.220
201906 31.674 107.690 37.135
201909 26.567 107.611 31.170
201912 24.693 107.769 28.929
202003 23.695 107.927 27.719
202006 14.127 108.401 16.454
202009 25.053 108.164 29.244
202012 26.148 108.559 30.411
202103 27.157 110.298 31.087
202106 24.076 111.720 27.209
202109 25.089 112.905 28.056
202112 23.377 113.774 25.942
202203 27.145 117.646 29.132
202206 30.539 120.806 31.917
202209 33.069 120.648 34.607
202212 33.269 120.964 34.725
202303 37.232 122.702 38.311
202306 41.415 124.203 42.100
202309 39.489 125.230 39.813
202312 39.869 125.072 40.247
202403 44.218 126.258 44.218

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


Linamar  (TSX:LNR) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=69.16/121.62
=0.57

* 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 Linamar was 1.94. The lowest was 0.35. And the median was 0.85.


Be Aware

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


Linamar Cyclically Adjusted Revenue per Share Related Terms

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


Linamar (TSX:LNR) Business Description

Industry
Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.
Executives
Mark Stoddart Director, Senior Officer

Linamar (TSX:LNR) Headlines

No Headlines