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Cintas (Cintas) Cyclically Adjusted Revenue per Share : $71.80 (As of Feb. 2024)


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What is Cintas 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.

Cintas's adjusted revenue per share for the three months ended in Feb. 2024 was $23.319. 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 $71.80 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Cintas's average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.00% 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 Cintas was 19.70% per year. The lowest was 6.50% per year. And the median was 12.10% per year.

As of today (2024-04-27), Cintas's current stock price is $666.23. Cintas's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $71.80. Cintas's Cyclically Adjusted PS Ratio of today is 9.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cintas was 9.57. The lowest was 1.70. And the median was 4.69.


Cintas Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted Revenue per Share Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.20 47.10 53.05 61.27 67.92

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 66.11 67.92 69.65 70.73 71.80

Competitive Comparison of Cintas's Cyclically Adjusted Revenue per Share

For the Specialty Business Services subindustry, Cintas'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.


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

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

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



Cintas 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, Cintas's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=23.319/129.4194*129.4194
=23.319

Current CPI (Feb. 2024) = 129.4194.

Cintas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 7.090 100.373 9.142
201408 9.337 100.352 12.041
201411 9.468 99.635 12.298
201502 9.408 99.032 12.295
201505 8.962 100.333 11.560
201508 10.683 100.548 13.751
201511 11.071 100.135 14.309
201602 11.110 100.040 14.373
201605 10.758 101.355 13.737
201608 11.825 101.617 15.060
201611 11.808 101.829 15.007
201702 11.635 102.779 14.651
201705 14.090 103.256 17.660
201708 14.847 103.587 18.550
201711 14.628 104.072 18.191
201802 14.424 105.052 17.770
201805 14.976 106.148 18.259
201808 15.346 106.383 18.669
201811 15.639 106.338 19.034
201902 15.554 106.649 18.875
201905 16.421 108.048 19.669
201908 16.913 108.245 20.222
201911 17.178 108.519 20.486
202002 16.829 109.139 19.956
202005 15.249 108.175 18.244
202008 16.303 109.662 19.240
202011 16.272 109.793 19.181
202102 16.455 110.968 19.191
202105 17.038 113.576 19.415
202108 17.905 115.421 20.077
202111 18.114 117.269 19.991
202202 18.559 119.703 20.065
202205 19.872 123.323 20.854
202208 20.965 124.958 21.714
202211 21.042 125.607 21.681
202302 21.176 126.928 21.592
202305 22.089 128.314 22.279
202308 22.615 129.538 22.594
202311 23.020 129.548 22.997
202402 23.319 129.419 23.319

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


Cintas  (NAS:CTAS) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=666.23/71.8
=9.28

* 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 Cintas was 9.57. The lowest was 1.70. And the median was 4.69.


Be Aware

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


Cintas Cyclically Adjusted Revenue per Share Related Terms

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


Cintas (Cintas) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cintas Corp (NAS:CTAS) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
J. Michael Hansen officer: VP & CFO 6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
Ronald W Tysoe director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Robert E. Coletti director, officer: Assistant Secretary P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262
Melanie W. Barstad director P.O. BOX 625737, MASON OH 45040
David Brock Denton officer: Sr VP, Secretary & Gen Counsel P.O. BOX 625737, CINCINNATI OH 45262
John F Barrett director
Michael Lawrence Thompson officer: Executive Vice President & CAO 6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Todd M. Schneider director, officer: CEO and Director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Gerald S Adolph director 101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178
Jim Rozakis officer: Executive Vice President & COO 6800 CINTAS BLVD, CINCINNATI OH 45262
Martin Mucci director 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Thomas E Frooman officer: VP, Secretary & Gen. Counsel
James J Johnson director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James Phillip Holloman officer: President and COO P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262

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