GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » PulteGroup Inc (NYSE:PHM) » Definitions » Cyclically Adjusted Revenue per Share

PulteGroup (PulteGroup) Cyclically Adjusted Revenue per Share : $46.05 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is PulteGroup 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.

PulteGroup's adjusted revenue per share for the three months ended in Mar. 2024 was $18.493. 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 $46.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PulteGroup's average Cyclically Adjusted Revenue Growth Rate was 15.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 21.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% 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 PulteGroup was 21.40% per year. The lowest was -15.20% per year. And the median was 10.90% per year.

As of today (2024-04-28), PulteGroup's current stock price is $113.80. PulteGroup's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $46.05. PulteGroup's Cyclically Adjusted PS Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PulteGroup was 2.71. The lowest was 0.46. And the median was 1.36.


PulteGroup Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PulteGroup'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.

PulteGroup Cyclically Adjusted Revenue per Share Chart

PulteGroup 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 21.92 24.89 30.71 37.93 44.58

PulteGroup 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 39.77 41.65 43.30 44.58 46.05

Competitive Comparison of PulteGroup's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, PulteGroup'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.


PulteGroup's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PulteGroup 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, PulteGroup'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)
=18.493/129.4194*129.4194
=18.493

Current CPI (Mar. 2024) = 129.4194.

PulteGroup Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.388 100.560 4.360
201409 4.227 100.428 5.447
201412 5.106 99.070 6.670
201503 3.062 99.621 3.978
201506 3.515 100.684 4.518
201509 4.264 100.392 5.497
201512 5.863 99.792 7.604
201603 4.088 100.470 5.266
201606 5.172 101.688 6.582
201609 5.674 101.861 7.209
201612 7.633 101.863 9.698
201703 5.092 102.862 6.407
201706 6.442 103.349 8.067
201709 7.098 104.136 8.821
201712 9.529 104.011 11.857
201803 6.840 105.290 8.408
201806 8.965 106.317 10.913
201809 9.307 106.507 11.309
201812 10.705 105.998 13.070
201903 7.166 107.251 8.647
201906 8.967 108.070 10.738
201909 9.905 108.329 11.833
201912 11.116 108.420 13.269
202003 8.462 108.902 10.056
202006 9.641 108.767 11.472
202009 10.987 109.815 12.948
202012 11.891 109.897 14.003
202103 10.262 111.754 11.884
202106 12.786 114.631 14.435
202109 13.438 115.734 15.027
202112 16.533 117.630 18.190
202203 12.758 121.301 13.612
202206 16.326 125.017 16.901
202209 16.767 125.227 17.328
202212 22.272 125.222 23.019
202303 15.824 127.348 16.081
202306 18.751 128.729 18.852
202309 18.224 129.860 18.162
202312 19.906 129.419 19.906
202403 18.493 129.419 18.493

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


PulteGroup  (NYSE:PHM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=113.80/46.05
=2.47

* 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 PulteGroup was 2.71. The lowest was 0.46. And the median was 1.36.


Be Aware

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


PulteGroup Cyclically Adjusted Revenue per Share Related Terms

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


PulteGroup (PulteGroup) Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
Executives
Lila Snyder director 3001, SUMMER STREET, STAMFORD CT 06926
Kevin A Henry officer: EVP and Chief People Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Matthew William Koart officer: Exec. VP & COO 3350 PEACHTREE ROAD NE, SUITE 1500, ATLANTA GA 30326
Robert Oshaughnessy officer: Exec. VP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Brian P Anderson director C/O PULTE HOMES, INC., 100 BLOOMFIELD HILLS PKWY #300, BLOOMFIELD HILLS MI 48304
Ryan Marshall officer: Area President 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
John James Chadwick officer: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Brien P. O'meara officer: Vice President & Controller 3350 PEACHTREE ROAD, N.E., SUITE 150, ATLANTA GA 30326
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Todd N Sheldon officer: EVP, Gen Counsel, Corp Sec'y 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Stephen P Schlageter other: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Bill Pulte director 321 N. CLARK STREET, SUITE #500, CHICAGO IL 60654
Bryce Blair director
James L Ossowski officer: VP Finance & Controller 100 BLOOMFIELD HILLS PKWY, STE 300, BLOOMFIELD HILLS MI 48304
Michelle H. Hairston officer: Senior Vice President - HR 2308 WEST MORELAND STREET, FALLS CHURCH VA 22046

PulteGroup (PulteGroup) Headlines

From GuruFocus

Q2 2021 Pultegroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Pultegroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Pultegroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Pultegroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 PulteGroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 PulteGroup Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024