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Pirelli & C SpA (CHIX:PIRCM) Cyclically Adjusted Revenue per Share : €9.83 (As of Dec. 2023)


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What is Pirelli & C SpA 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.

Pirelli & C SpA's adjusted revenue per share for the three months ended in Dec. 2023 was €1.490. 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 €9.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pirelli & C SpA's average Cyclically Adjusted Revenue Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 Pirelli & C SpA was 3.60% per year. The lowest was -0.40% per year. And the median was 2.30% per year.

As of today (2024-05-24), Pirelli & C SpA's current stock price is €6.074. Pirelli & C SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.83. Pirelli & C SpA's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pirelli & C SpA was 0.81. The lowest was 0.32. And the median was 0.48.


Pirelli & C SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pirelli & C SpA'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.

Pirelli & C SpA Cyclically Adjusted Revenue per Share Chart

Pirelli & C SpA 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 9.91 10.19 10.40 11.05 9.83

Pirelli & C SpA 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 10.28 10.25 10.36 9.83 -

Competitive Comparison of Pirelli & C SpA's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Pirelli & C SpA'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.


Pirelli & C SpA's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pirelli & C SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pirelli & C SpA's Cyclically Adjusted PS Ratio falls into.



Pirelli & C SpA 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, Pirelli & C SpA'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)
=1.49/119.7000*119.7000
=1.490

Current CPI (Dec. 2023) = 119.7000.

Pirelli & C SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.022 99.907 3.621
201406 3.093 100.093 3.699
201409 3.159 99.814 3.788
201412 3.052 99.721 3.663
201503 3.219 99.814 3.860
201506 -3.219 100.279 -3.842
201509 9.671 100.000 11.576
201512 -5.137 99.814 -6.160
201603 2.424 99.600 2.913
201606 8.657 99.900 10.373
201609 3.573 100.100 4.273
201612 6.149 100.300 7.338
201703 6.486 101.000 7.687
201706 6.518 101.100 7.717
201709 1.353 101.200 1.600
201712 1.314 101.200 1.554
201803 1.319 101.800 1.551
201806 1.311 102.400 1.532
201809 1.289 102.600 1.504
201812 1.269 102.300 1.485
201903 1.319 102.800 1.536
201906 1.336 103.100 1.551
201909 1.382 102.900 1.608
201912 1.283 102.800 1.494
202003 1.045 102.900 1.216
202006 0.765 102.900 0.890
202009 1.187 102.300 1.389
202012 1.208 102.600 1.409
202103 1.244 103.700 1.436
202106 1.320 104.200 1.516
202109 1.414 104.900 1.613
202112 1.351 106.600 1.517
202203 1.528 110.400 1.657
202206 1.668 112.500 1.775
202209 1.830 114.200 1.918
202212 1.582 119.000 1.591
202303 1.705 118.800 1.718
202306 1.732 119.700 1.732
202309 1.722 120.300 1.713
202312 1.490 119.700 1.490

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


Pirelli & C SpA  (CHIX:PIRCm) 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.

Pirelli & C SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.074/9.83
=0.62

* 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 Pirelli & C SpA was 0.81. The lowest was 0.32. And the median was 0.48.


Be Aware

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


Pirelli & C SpA Cyclically Adjusted Revenue per Share Related Terms

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


Pirelli & C SpA (CHIX:PIRCM) Business Description

Industry
Traded in Other Exchanges
Address
Viale Piero e Alberto Pirelli n. 25, Milan, ITA, 20126
Pirelli & C SpA designs develop, manufactures, and markets tires - for motor vehicles, industrial vehicles, and motorcycles. The company is focused on Prestige and Premium segments. Geographically it derives the majority revenue from Europe and Turkey.

Pirelli & C SpA (CHIX:PIRCM) Headlines

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