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TrueBlue (TrueBlue) Cyclically Adjusted Revenue per Share : $72.18 (As of Dec. 2023)


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What is TrueBlue 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.

TrueBlue's adjusted revenue per share for the three months ended in Dec. 2023 was $15.837. 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 $72.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TrueBlue's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% 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 TrueBlue was 10.70% per year. The lowest was 2.60% per year. And the median was 8.20% per year.

As of today (2024-04-28), TrueBlue's current stock price is $10.51. TrueBlue's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $72.18. TrueBlue's Cyclically Adjusted PS Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TrueBlue was 0.95. The lowest was 0.15. And the median was 0.49.


TrueBlue Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TrueBlue'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.

TrueBlue Cyclically Adjusted Revenue per Share Chart

TrueBlue 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 53.62 56.43 62.80 69.16 72.18

TrueBlue Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 69.16 70.65 71.59 72.29 72.18

Competitive Comparison of TrueBlue's Cyclically Adjusted Revenue per Share

For the Staffing & Employment Services subindustry, TrueBlue'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.


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

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

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



TrueBlue 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, TrueBlue's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.837/129.4194*129.4194
=15.837

Current CPI (Dec. 2023) = 129.4194.

TrueBlue Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.686 99.695 12.574
201406 11.063 100.560 14.238
201409 15.434 100.428 19.890
201412 16.544 99.070 21.612
201503 13.861 99.621 18.007
201506 15.135 100.684 19.455
201509 16.432 100.392 21.183
201512 19.372 99.792 25.123
201603 15.455 100.470 19.908
201606 16.134 101.688 20.534
201609 16.575 101.861 21.059
201612 17.651 101.863 22.426
201703 13.550 102.862 17.048
201706 14.577 103.349 18.254
201709 16.009 104.136 19.896
201712 16.432 104.011 20.446
201803 13.623 105.290 16.745
201806 15.180 106.317 18.479
201809 16.978 106.507 20.630
201812 16.315 105.998 19.920
201903 13.901 107.251 16.774
201906 14.881 108.070 17.821
201909 16.239 108.329 19.400
201912 15.440 108.420 18.430
202003 13.267 108.902 15.767
202006 10.233 108.767 12.176
202009 13.595 109.815 16.022
202012 15.019 109.897 17.687
202103 13.081 111.754 15.149
202106 14.595 114.631 16.478
202109 16.266 115.734 18.189
202112 17.290 117.630 19.023
202203 15.966 121.301 17.035
202206 17.173 125.017 17.778
202209 17.543 125.227 18.130
202212 16.770 125.222 17.332
202303 14.409 127.348 14.643
202306 15.358 128.729 15.440
202309 15.298 129.860 15.246
202312 15.837 129.419 15.837

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


TrueBlue  (NYSE:TBI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.51/72.18
=0.15

* 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 TrueBlue was 0.95. The lowest was 0.15. And the median was 0.49.


Be Aware

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


TrueBlue Cyclically Adjusted Revenue per Share Related Terms

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


TrueBlue (TrueBlue) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1015 A Street, Tacoma, WA, USA, 98402
TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.
Executives
Kim Harris Jones director THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori officer: EVP; President - PeopleScout 1015 A STREET, TACOMA WA 98402
Taryn R Owen officer: EVP,President - PeopleScout 1015 A ST, TACOMA WA 98402
Kristi A Savacool director 100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz director 1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs officer: EVP, President - PeopleMgmt 1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis officer: EVP; President - PeopleReady 1015 A STREET, TACOMA WA 98402
Garrett Ferencz officer: EVP, Chief Legal Officer 1015 A STREET, TACOMA WA 98402
William C. Goings director 1015 A ST, TACOMA WA 98402
Derrek Lane Gafford officer: EVP and CFO 1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen officer: SVP, Chief Accounting Officer 1015 A STREET, TACOMA WA 98402
Steven C Cooper director PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle officer: CEO 1015 A STREET, TACOMA WA 98402