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Polaris (FRA:PL6) Cyclically Adjusted Revenue per Share : €113.15 (As of Mar. 2024)


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What is Polaris 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.

Polaris's adjusted revenue per share for the three months ended in Mar. 2024 was €27.928. 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 €113.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Polaris's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.00% 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 Polaris was 16.20% per year. The lowest was 6.50% per year. And the median was 12.70% per year.

As of today (2024-06-09), Polaris's current stock price is €72.00. Polaris's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €113.15. Polaris's Cyclically Adjusted PS Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Polaris was 4.51. The lowest was 0.54. And the median was 1.63.


Polaris Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Polaris'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.

Polaris Cyclically Adjusted Revenue per Share Chart

Polaris 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 62.15 63.79 80.23 98.69 107.98

Polaris 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 98.87 103.28 109.95 107.98 113.15

Competitive Comparison of Polaris's Cyclically Adjusted Revenue per Share

For the Recreational Vehicles subindustry, Polaris'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.


Polaris's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Polaris 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, Polaris'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)
=27.928/131.7762*131.7762
=27.928

Current CPI (Mar. 2024) = 131.7762.

Polaris Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.960 100.560 14.362
201409 14.791 100.428 19.408
201412 15.086 99.070 20.066
201503 14.011 99.621 18.533
201506 14.769 100.684 19.330
201509 19.257 100.392 25.277
201512 15.241 99.792 20.126
201603 13.378 100.470 17.546
201606 15.413 101.688 19.973
201609 16.238 101.861 21.007
201612 17.947 101.863 23.217
201703 16.821 102.862 21.549
201706 19.038 103.349 24.275
201709 19.420 104.136 24.575
201712 18.634 104.011 23.608
201803 16.134 105.290 20.193
201806 19.822 106.317 24.569
201809 22.271 106.507 27.555
201812 23.086 105.998 28.700
201903 21.350 107.251 26.232
201906 25.316 108.070 30.869
201909 25.820 108.329 31.408
201912 24.957 108.420 30.333
202003 20.545 108.902 24.860
202006 21.793 108.767 26.403
202009 26.424 109.815 31.708
202012 27.269 109.897 32.698
202103 25.851 111.754 30.482
202106 25.258 114.631 29.036
202109 24.254 115.734 27.616
202112 28.397 117.630 31.812
202203 26.431 121.301 28.714
202206 32.255 125.017 33.999
202209 39.400 125.227 41.461
202212 38.728 125.222 40.755
202303 35.040 127.348 36.258
202306 35.397 128.729 36.235
202309 36.457 129.860 36.995
202312 36.764 129.419 37.433
202403 27.928 131.776 27.928

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


Polaris  (FRA:PL6) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=72.00/113.15
=0.64

* 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 Polaris was 4.51. The lowest was 0.54. And the median was 1.63.


Be Aware

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


Polaris Cyclically Adjusted Revenue per Share Related Terms

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


Polaris (FRA:PL6) Business Description

Industry
Traded in Other Exchanges
Address
2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.

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