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United Rentals (BSP:U1RI34) Cyclically Adjusted Revenue per Share : R$23.68 (As of Mar. 2024)


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What is United Rentals 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.

United Rentals's adjusted revenue per share for the three months ended in Mar. 2024 was R$9.194. 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 R$23.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United Rentals's average Cyclically Adjusted Revenue Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% 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 United Rentals was 18.10% per year. The lowest was 1.90% per year. And the median was 6.15% per year.

As of today (2024-05-26), United Rentals's current stock price is R$125.40. United Rentals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$23.68. United Rentals's Cyclically Adjusted PS Ratio of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Rentals was 5.72. The lowest was 1.00. And the median was 2.46.


United Rentals Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for United Rentals'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.

United Rentals Cyclically Adjusted Revenue per Share Chart

United Rentals 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 - 14.07 18.19 20.22 22.06

United Rentals 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 21.28 20.28 22.05 22.06 23.68

Competitive Comparison of United Rentals's Cyclically Adjusted Revenue per Share

For the Rental & Leasing Services subindustry, United Rentals'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.


United Rentals's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, United Rentals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



United Rentals 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, United Rentals'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)
=9.194/131.7762*131.7762
=9.194

Current CPI (Mar. 2024) = 131.7762.

United Rentals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.058 100.560 1.386
201409 1.239 100.428 1.626
201412 1.424 99.070 1.894
201503 1.489 99.621 1.970
201506 1.625 100.684 2.127
201509 2.270 100.392 2.980
201512 2.254 99.792 2.976
201603 1.902 100.470 2.495
201606 1.964 101.688 2.545
201609 2.027 101.861 2.622
201612 2.141 101.863 2.770
201703 1.774 102.862 2.273
201706 2.201 103.349 2.806
201709 2.308 104.136 2.921
201712 2.635 104.011 3.338
201803 2.382 105.290 2.981
201806 3.025 106.317 3.749
201809 3.733 106.507 4.619
201812 3.925 105.998 4.880
201903 3.628 107.251 4.458
201906 4.019 108.070 4.901
201909 4.763 108.329 5.794
201912 4.767 108.420 5.794
202003 4.993 108.902 6.042
202006 4.971 108.767 6.023
202009 5.822 109.815 6.986
202012 5.759 109.897 6.906
202103 5.696 111.754 6.716
202106 5.648 114.631 6.493
202109 6.731 115.734 7.664
202112 7.656 117.630 8.577
202203 6.172 121.301 6.705
202206 7.001 125.017 7.380
202209 8.156 125.227 8.583
202212 8.836 125.222 9.298
202303 8.762 127.348 9.067
202306 8.949 128.729 9.161
202309 9.728 129.860 9.872
202312 9.592 129.419 9.767
202403 9.194 131.776 9.194

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


United Rentals  (BSP:U1RI34) 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.

United Rentals's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=125.40/23.68
=5.30

* 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 United Rentals was 5.72. The lowest was 1.00. And the median was 2.46.


Be Aware

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


United Rentals Cyclically Adjusted Revenue per Share Related Terms

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


United Rentals (BSP:U1RI34) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902
United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinitely long periods.

United Rentals (BSP:U1RI34) Headlines

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