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Gildan Activewear (TSX:GIL) Cyclically Adjusted Revenue per Share : C$19.87 (As of Mar. 2024)


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What is Gildan Activewear 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.

Gildan Activewear's adjusted revenue per share for the three months ended in Mar. 2024 was C$5.577. 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 C$19.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gildan Activewear's average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% 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 Gildan Activewear was 15.10% per year. The lowest was 6.40% per year. And the median was 12.50% per year.

As of today (2024-05-18), Gildan Activewear's current stock price is C$48.14. Gildan Activewear's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$19.87. Gildan Activewear's Cyclically Adjusted PS Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gildan Activewear was 6.07. The lowest was 1.14. And the median was 3.77.


Gildan Activewear Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted Revenue per Share Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 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 12.93 13.65 15.36 17.59 19.44

Gildan Activewear 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 18.10 18.62 19.11 19.44 19.87

Competitive Comparison of Gildan Activewear's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gildan Activewear 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, Gildan Activewear'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)
=5.577/126.2576*126.2576
=5.577

Current CPI (Mar. 2024) = 126.2576.

Gildan Activewear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.049 99.473 3.870
201409 2.974 99.394 3.778
201412 1.847 98.367 2.371
201503 3.297 99.789 4.172
201506 3.622 100.500 4.550
201509 3.666 100.421 4.609
201512 3.048 99.947 3.850
201603 3.224 101.054 4.028
201606 3.759 102.002 4.653
201609 4.027 101.765 4.996
201612 3.382 101.449 4.209
201703 3.874 102.634 4.766
201706 4.220 103.029 5.171
201709 3.936 103.345 4.809
201712 3.805 103.345 4.649
201803 3.825 105.004 4.599
201806 4.715 105.557 5.640
201809 4.723 105.636 5.645
201812 4.819 105.399 5.773
201903 4.029 106.979 4.755
201906 5.183 107.690 6.077
201909 4.795 107.611 5.626
201912 4.303 107.769 5.041
202003 3.227 107.927 3.775
202006 1.571 108.401 1.830
202009 4.018 108.164 4.690
202012 4.457 108.559 5.184
202103 3.732 110.298 4.272
202106 4.587 111.720 5.184
202109 5.128 112.905 5.734
202112 5.179 113.774 5.747
202203 5.181 117.646 5.560
202206 6.169 120.806 6.447
202209 6.222 120.648 6.511
202212 5.439 120.964 5.677
202303 5.357 122.702 5.512
202306 6.277 124.203 6.381
202309 6.713 125.230 6.768
202312 6.113 125.072 6.171
202403 5.577 126.258 5.577

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


Gildan Activewear  (TSX:GIL) 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.

Gildan Activewear's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=48.14/19.87
=2.42

* 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 Gildan Activewear was 6.07. The lowest was 1.14. And the median was 3.77.


Be Aware

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


Gildan Activewear Cyclically Adjusted Revenue per Share Related Terms

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


Gildan Activewear (TSX:GIL) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.
Executives
Glenn J. Chamandy Director, Senior Officer