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Armstrong World Industries (BSP:AWII34) Cyclically Adjusted Revenue per Share : R$122.08 (As of Mar. 2024)


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What is Armstrong World Industries 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.

Armstrong World Industries's adjusted revenue per share for the three months ended in Mar. 2024 was R$36.846. 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 R$122.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Armstrong World Industries's average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -8.60% 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 Armstrong World Industries was -2.30% per year. The lowest was -11.90% per year. And the median was -8.00% per year.

As of today (2024-06-05), Armstrong World Industries's current stock price is R$615.49. Armstrong World Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$122.08. Armstrong World Industries's Cyclically Adjusted PS Ratio of today is 5.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Armstrong World Industries was 5.01. The lowest was 0.62. And the median was 1.86.


Armstrong World Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Armstrong World Industries'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.

Armstrong World Industries Cyclically Adjusted Revenue per Share Chart

Armstrong World Industries 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 136.27 157.78 126.70 170.06 86.23

Armstrong World Industries 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 162.45 120.57 120.12 86.23 122.08

Competitive Comparison of Armstrong World Industries's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Armstrong World Industries'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.


Armstrong World Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Armstrong World Industries 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, Armstrong World Industries'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)
=36.846/131.7762*131.7762
=36.846

Current CPI (Mar. 2024) = 131.7762.

Armstrong World Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 26.650 100.560 34.923
201409 28.598 100.428 37.525
201412 -30.220 99.070 -40.197
201503 31.098 99.621 41.136
201506 17.070 100.684 22.341
201509 23.454 100.392 30.786
201512 -8.901 99.792 -11.754
201603 19.115 100.470 25.071
201606 19.214 101.688 24.899
201609 19.455 101.861 25.169
201612 -6.078 101.863 -7.863
201703 12.613 102.862 16.158
201706 13.844 103.349 17.652
201709 13.695 104.136 17.330
201712 13.101 104.011 16.598
201803 13.853 105.290 17.338
201806 17.823 106.317 22.091
201809 20.623 106.507 25.516
201812 18.555 105.998 23.068
201903 18.785 107.251 23.081
201906 21.059 108.070 25.679
201909 23.061 108.329 28.052
201912 20.598 108.420 25.035
202003 25.317 108.902 30.635
202006 21.964 108.767 26.610
202009 27.709 109.815 33.250
202012 25.638 109.897 30.742
202103 29.573 111.754 34.871
202106 29.272 114.631 33.650
202109 32.270 115.734 36.743
202112 33.561 117.630 37.597
202203 29.795 121.301 32.368
202206 34.696 125.017 36.572
202209 36.967 125.227 38.900
202212 35.104 125.222 36.941
202303 35.510 127.348 36.745
202306 35.098 128.729 35.929
202309 38.458 129.860 39.026
202312 34.620 129.419 35.250
202403 36.846 131.776 36.846

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


Armstrong World Industries  (BSP:AWII34) 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.

Armstrong World Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=615.49/122.08
=5.04

* 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 Armstrong World Industries was 5.01. The lowest was 0.62. And the median was 1.86.


Be Aware

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


Armstrong World Industries Cyclically Adjusted Revenue per Share Related Terms

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


Armstrong World Industries (BSP:AWII34) Business Description

Traded in Other Exchanges
Address
2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).

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