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Commercial Metals Co (Commercial Metals Co) Cyclically Adjusted Revenue per Share : $59.12 (As of Feb. 2024)


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What is Commercial Metals 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.

Commercial Metals Co's adjusted revenue per share for the three months ended in Feb. 2024 was $15.727. 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 $59.12 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Commercial Metals Co's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% 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 Commercial Metals Co was 18.10% per year. The lowest was -5.60% per year. And the median was 7.25% per year.

As of today (2024-04-27), Commercial Metals Co's current stock price is $53.48. Commercial Metals Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $59.12. Commercial Metals Co's Cyclically Adjusted PS Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Commercial Metals Co was 0.99. The lowest was 0.20. And the median was 0.34.


Commercial Metals Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Commercial Metals 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.

Commercial Metals Co Cyclically Adjusted Revenue per Share Chart

Commercial Metals Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.77 53.47 53.82 57.26 59.47

Commercial Metals Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 57.94 58.61 59.47 59.36 59.12

Competitive Comparison of Commercial Metals Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Commercial Metals 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.


Commercial Metals Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Commercial Metals Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Commercial Metals 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, Commercial Metals Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=15.727/129.4194*129.4194
=15.727

Current CPI (Feb. 2024) = 129.4194.

Commercial Metals Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 14.638 100.373 18.874
201408 15.457 100.352 19.934
201411 14.128 99.635 18.351
201502 11.821 99.032 15.448
201505 12.898 100.333 16.637
201508 7.169 100.548 9.228
201511 9.842 100.135 12.720
201602 8.752 100.040 11.322
201605 10.581 101.355 13.511
201608 1.670 101.617 2.127
201611 8.525 101.829 10.835
201702 7.363 102.779 9.272
201705 8.914 103.256 11.173
201708 9.172 103.587 11.459
201711 9.134 104.072 11.359
201802 8.914 105.052 10.982
201805 10.185 106.148 12.418
201808 11.048 106.383 13.440
201811 10.763 106.338 13.099
201902 11.794 106.649 14.312
201905 13.478 108.048 16.144
201908 12.917 108.245 15.444
201911 11.561 108.519 13.788
202002 11.137 109.139 13.206
202005 11.155 108.175 13.346
202008 11.703 109.662 13.811
202011 11.490 109.793 13.544
202102 12.010 110.968 14.007
202105 15.099 113.576 17.205
202108 16.593 115.421 18.605
202111 16.139 117.269 17.811
202202 16.352 119.703 17.679
202205 20.486 123.323 21.499
202208 19.941 124.958 20.653
202211 18.729 125.607 19.297
202302 16.998 126.928 17.332
202305 19.806 128.314 19.977
202308 18.693 129.538 18.676
202311 16.924 129.548 16.907
202402 15.727 129.419 15.727

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


Commercial Metals Co  (NYSE:CMC) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=53.48/59.12
=0.90

* 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 Commercial Metals Co was 0.99. The lowest was 0.20. And the median was 0.34.


Be Aware

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


Commercial Metals Co Cyclically Adjusted Revenue per Share Related Terms

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


Commercial Metals Co (Commercial Metals Co) Business Description

Industry
Traded in Other Exchanges
Address
6565 North MacArthur Boulevard, Irving, TX, USA, 75039
Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.
Executives
Barbara Smith director, officer: Chairman, President & CEO 6565 N. MACARTHUR BLVD., SUITE 800, IVING TX 75039
Stephen William Simpson officer: SVP, N. American Steel Group 6565 NORTH MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Peter R Matt director 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Lindsay L Sloan officer: VP, Chief Accounting Officer 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Ty L Garrison officer: SVP Operations 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Robert S Wetherbee director MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017
John R Mcpherson director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Tracy L Porter officer: EVP & Chief Operating Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Gary E Mccullough director 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Jody K Absher officer: VP General Counsel & Corp Sec 6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Paul James Lawrence officer: VP & Chief Financial Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Adam R Hickey officer: VP & Chief Accounting Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Lisa M Barton director AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
J David Smith director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Charles L Szews director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039