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BRF (BUE:BRFS) Cyclically Adjusted Revenue per Share : ARS33,963.80 (As of Mar. 2024)


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What is BRF 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.

BRF's adjusted revenue per share for the three months ended in Mar. 2024 was ARS1,353.235. 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 ARS33,963.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BRF's average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 BRF was 12.80% per year. The lowest was 0.60% per year. And the median was 7.85% per year.

As of today (2024-06-08), BRF's current stock price is ARS13851.00. BRF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS33,963.80. BRF's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BRF was 1.94. The lowest was 0.11. And the median was 0.65.


BRF Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BRF'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.

BRF Cyclically Adjusted Revenue per Share Chart

BRF 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 - 3,978.24 5,741.42 10,246.00 31,457.90

BRF 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 13,403.20 17,601.40 26,431.30 31,457.90 33,963.80

Competitive Comparison of BRF's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, BRF'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.


BRF's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BRF's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BRF 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, BRF'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)
=1353.235/159.3724*159.3724
=1,353.235

Current CPI (Mar. 2024) = 159.3724.

BRF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.894 91.838 50.142
201409 28.232 92.602 48.589
201412 28.584 94.194 48.363
201503 21.997 97.799 35.846
201506 26.355 100.006 42.000
201509 28.299 101.392 44.482
201512 34.648 104.247 52.970
201603 37.830 106.979 56.357
201606 41.426 108.851 60.653
201609 45.705 109.986 66.228
201612 15.436 110.802 22.202
201703 45.863 111.869 65.338
201706 47.560 112.115 67.607
201709 57.763 112.777 81.628
201712 25.472 114.068 35.589
201803 50.700 114.868 70.343
201806 54.837 117.038 74.673
201809 81.988 117.881 110.846
201812 94.417 118.340 127.154
201903 87.870 120.124 116.580
201906 113.344 120.977 149.316
201909 134.710 121.292 177.003
201912 193.809 123.436 250.233
202003 133.306 124.092 171.207
202006 141.191 123.557 182.118
202009 161.144 125.095 205.299
202012 267.616 129.012 330.593
202103 209.282 131.660 253.332
202106 271.338 133.871 323.027
202109 284.128 137.913 328.339
202112 303.798 141.992 340.983
202203 266.665 146.537 290.022
202206 286.228 149.784 304.552
202209 345.513 147.800 372.567
202212 437.672 150.207 464.379
202303 463.595 153.352 481.794
202306 559.757 154.519 577.339
202309 611.609 155.464 626.987
202312 631.411 157.148 640.348
202403 1,353.235 159.372 1,353.235

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


BRF  (BUE:BRFS) 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.

BRF's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13851.00/33963.8
=0.41

* 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 BRF was 1.94. The lowest was 0.11. And the median was 0.65.


Be Aware

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


BRF Cyclically Adjusted Revenue per Share Related Terms

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


BRF (BUE:BRFS) Business Description

Industry
Traded in Other Exchanges
Address
Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, BRA, 05425-070
BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets.

BRF (BUE:BRFS) Headlines