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Tecnicas Reunidas (XMAD:TRE) Cyclically Adjusted Revenue per Share : €79.15 (As of Dec. 2023)


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What is Tecnicas Reunidas 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.

Tecnicas Reunidas's adjusted revenue per share for the three months ended in Dec. 2023 was €11.280. 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 €79.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tecnicas Reunidas's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Tecnicas Reunidas was 6.00% per year. The lowest was 4.00% per year. And the median was 5.20% per year.

As of today (2024-04-28), Tecnicas Reunidas's current stock price is €9.225. Tecnicas Reunidas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €79.15. Tecnicas Reunidas's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tecnicas Reunidas was 0.44. The lowest was 0.07. And the median was 0.15.


Tecnicas Reunidas Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Cyclically Adjusted Revenue per Share Chart

Tecnicas Reunidas 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 65.96 66.47 70.79 76.80 79.15

Tecnicas Reunidas 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 76.80 78.16 78.95 79.57 79.15

Competitive Comparison of Tecnicas Reunidas's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tecnicas Reunidas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tecnicas Reunidas 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, Tecnicas Reunidas'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)
=11.28/121.2698*121.2698
=11.280

Current CPI (Dec. 2023) = 121.2698.

Tecnicas Reunidas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.435 100.139 15.059
201406 12.777 101.081 15.329
201409 14.023 100.441 16.931
201412 14.460 100.251 17.492
201503 15.468 99.474 18.857
201506 16.648 101.138 19.962
201509 19.227 99.559 23.420
201512 20.070 100.268 24.274
201603 17.950 98.638 22.069
201606 21.350 100.333 25.805
201609 19.444 99.737 23.642
201612 22.991 101.842 27.377
201703 23.662 100.896 28.440
201706 21.146 101.848 25.178
201709 21.431 101.524 25.599
201712 20.194 102.975 23.782
201803 19.825 102.122 23.542
201806 18.725 104.165 21.800
201809 17.031 103.818 19.894
201812 19.434 104.193 22.619
201903 15.625 103.488 18.310
201906 22.190 104.612 25.724
201909 20.775 103.905 24.247
201912 21.583 105.015 24.924
202003 20.154 103.469 23.621
202006 15.828 104.254 18.411
202009 12.007 103.521 14.066
202012 12.088 104.456 14.034
202103 13.051 104.857 15.094
202106 11.218 107.102 12.702
202109 11.936 107.669 13.444
202112 11.701 111.298 12.749
202203 13.232 115.153 13.935
202206 15.017 118.044 15.427
202209 19.829 117.221 20.514
202212 24.208 117.650 24.953
202303 19.175 118.948 19.549
202306 13.426 120.278 13.537
202309 13.872 121.343 13.864
202312 11.280 121.270 11.280

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


Tecnicas Reunidas  (XMAD:TRE) 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.

Tecnicas Reunidas's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.225/79.15
=0.12

* 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 Tecnicas Reunidas was 0.44. The lowest was 0.07. And the median was 0.15.


Be Aware

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


Tecnicas Reunidas Cyclically Adjusted Revenue per Share Related Terms

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


Tecnicas Reunidas (XMAD:TRE) Business Description

Industry
Traded in Other Exchanges
Address
Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

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