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Restaurant Brands International (Restaurant Brands International) Cyclically Adjusted Revenue per Share : $12.61 (As of Dec. 2023)


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What is Restaurant Brands International 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.

Restaurant Brands International's adjusted revenue per share for the three months ended in Dec. 2023 was $4.044. 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 $12.61 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Restaurant Brands International's current stock price is $73.82. Restaurant Brands International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.61. Restaurant Brands International's Cyclically Adjusted PS Ratio of today is 5.85.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Restaurant Brands International was 6.46. The lowest was 5.17. And the median was 6.04.


Restaurant Brands International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Restaurant Brands International'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.

Restaurant Brands International Cyclically Adjusted Revenue per Share Chart

Restaurant Brands International 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 - - - - 12.61

Restaurant Brands International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 12.28 12.19 12.61

Competitive Comparison of Restaurant Brands International's Cyclically Adjusted Revenue per Share

For the Restaurants subindustry, Restaurant Brands International'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.


Restaurant Brands International's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Restaurant Brands International 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, Restaurant Brands International's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.044/125.4675*125.4675
=4.044

Current CPI (Dec. 2023) = 125.4675.

Restaurant Brands International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 1.380 99.394 1.742
201412 2.068 98.367 2.638
201503 1.998 99.789 2.512
201506 2.188 100.500 2.732
201509 2.140 100.421 2.674
201512 2.226 99.947 2.794
201603 1.961 101.054 2.435
201606 2.213 102.002 2.722
201609 2.286 101.765 2.818
201612 2.361 101.449 2.920
201703 2.100 102.634 2.567
201706 2.370 103.029 2.886
201709 2.525 103.345 3.066
201712 2.599 103.345 3.155
201803 2.646 105.004 3.162
201806 2.833 105.557 3.367
201809 2.895 105.636 3.438
201812 2.947 105.399 3.508
201903 2.711 106.979 3.180
201906 2.985 107.690 3.478
201909 3.102 107.611 3.617
201912 3.154 107.769 3.672
202003 2.612 107.927 3.036
202006 2.235 108.401 2.587
202009 2.845 108.164 3.300
202012 2.920 108.559 3.375
202103 2.710 110.298 3.083
202106 3.086 111.720 3.466
202109 3.215 112.905 3.573
202112 3.354 113.774 3.699
202203 3.168 117.646 3.379
202206 3.602 120.806 3.741
202209 3.802 120.648 3.954
202212 3.712 120.964 3.850
202303 3.487 122.702 3.566
202306 3.876 124.203 3.915
202309 4.002 125.230 4.010
202312 4.044 125.468 4.044

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


Restaurant Brands International  (NYSE:QSR) 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.

Restaurant Brands International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=73.82/12.61
=5.85

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Restaurant Brands International was 6.46. The lowest was 5.17. And the median was 6.04.


Be Aware

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


Restaurant Brands International Cyclically Adjusted Revenue per Share Related Terms

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


Restaurant Brands International (Restaurant Brands International) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.
Executives
Axel Mr Schwan officer: Pres., Tim Hortons Americas 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jeffrey Housman officer: See Remarks C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Joshua Kobza officer: Chief Financial Officer 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
David Chan Shear officer: President, International C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Thomas Benjamin Curtis officer: See Remarks 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Duncan Fulton officer: Chief Corporate Officer C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Jacqueline Friesner officer: See Remarks 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jill Granat officer: See Remarks 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Matthew Dunnigan officer: CFO 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Sami A. Siddiqui officer: Brand Pres., Popeyes, Americas C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
J Patrick Doyle officer: Executive Chairman 8701 COLLINS AVENUE UNIT 1202, MIAMI BEACH FL 33154
Jordana Fribourg director C/O RESTAURANT BRANDS INTERNATIONAL INC., 5707 BLUE LAGOON DRIVE, MIAMI FL 33126
Ali Hedayat director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Jose E. Cil officer: See Remarks 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Cristina Farjallat director 130 KING STREET WEST, SUITE 300, TORONTO Z4 M5X 1E1

Restaurant Brands International (Restaurant Brands International) Headlines