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Teck Resources (Teck Resources) Cyclically Adjusted Revenue per Share : $18.10 (As of Dec. 2023)


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What is Teck Resources 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.

Teck Resources's adjusted revenue per share for the three months ended in Dec. 2023 was $5.819. 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 $18.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Teck Resources's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 Teck Resources was 16.10% per year. The lowest was 2.40% per year. And the median was 7.90% per year.

As of today (2024-04-28), Teck Resources's current stock price is $50.38. Teck Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.10. Teck Resources's Cyclically Adjusted PS Ratio of today is 2.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Teck Resources was 2.87. The lowest was 0.27. And the median was 1.58.


Teck Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Teck Resources'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.

Teck Resources Cyclically Adjusted Revenue per Share Chart

Teck Resources 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 14.75 15.00 15.88 16.53 18.10

Teck Resources 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 16.53 16.94 17.66 17.46 18.10

Competitive Comparison of Teck Resources's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Teck Resources'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.


Teck Resources's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Teck Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Teck Resources 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, Teck Resources'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)
=5.819/125.4675*125.4675
=5.819

Current CPI (Dec. 2023) = 125.4675.

Teck Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.256 98.604 4.143
201406 3.219 99.473 4.060
201409 3.547 99.394 4.477
201412 3.372 98.367 4.301
201503 2.784 99.789 3.500
201506 2.806 100.500 3.503
201509 2.749 100.421 3.435
201512 2.702 99.947 3.392
201603 2.228 101.054 2.766
201606 2.342 102.002 2.881
201609 3.006 101.765 3.706
201612 4.539 101.449 5.614
201703 3.634 102.634 4.442
201706 3.634 103.029 4.425
201709 4.266 103.345 5.179
201712 4.224 103.345 5.128
201803 4.098 105.004 4.897
201806 3.944 105.557 4.688
201809 4.228 105.636 5.022
201812 4.167 105.399 4.960
201903 4.044 106.979 4.743
201906 4.146 107.690 4.830
201909 4.079 107.611 4.756
201912 3.654 107.769 4.254
202003 3.128 107.927 3.636
202006 2.390 108.401 2.766
202009 3.239 108.164 3.757
202012 3.763 108.559 4.349
202103 3.764 110.298 4.282
202106 3.879 111.720 4.356
202109 5.799 112.905 6.444
202112 5.310 113.774 5.856
202203 6.667 117.646 7.110
202206 7.583 120.806 7.876
202209 6.027 120.648 6.268
202212 4.437 120.964 4.602
202303 5.296 122.702 5.415
202306 5.039 124.203 5.090
202309 5.046 125.230 5.056
202312 5.819 125.468 5.819

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


Teck Resources  (NYSE:TECK) 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.

Teck Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=50.38/18.1
=2.78

* 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 Teck Resources was 2.87. The lowest was 0.27. And the median was 1.58.


Be Aware

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


Teck Resources Cyclically Adjusted Revenue per Share Related Terms

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


Teck Resources (Teck Resources) Business Description

Industry
Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.