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Honeywell International (MIL:1HON) Cyclically Adjusted Revenue per Share : €57.18 (As of Mar. 2024)


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What is Honeywell International 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.

Honeywell International's adjusted revenue per share for the three months ended in Mar. 2024 was €12.758. 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 €57.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Honeywell International's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Honeywell International was 6.70% per year. The lowest was 0.80% per year. And the median was 3.20% per year.

As of today (2024-05-24), Honeywell International's current stock price is €187.42. Honeywell International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €57.18. Honeywell International's Cyclically Adjusted PS Ratio of today is 3.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Honeywell International was 4.26. The lowest was 1.68. And the median was 2.81.


Honeywell International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Honeywell International'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.

Honeywell International Cyclically Adjusted Revenue per Share Chart

Honeywell International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Honeywell International 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 - - - - 57.18

Competitive Comparison of Honeywell International's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Honeywell International'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.


Honeywell International's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Honeywell International 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, Honeywell International'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)
=12.758/131.7762*131.7762
=12.758

Current CPI (Mar. 2024) = 131.7762.

Honeywell International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.487 100.560 12.432
201409 9.866 100.428 12.946
201412 10.486 99.070 13.948
201503 10.721 99.621 14.181
201506 10.984 100.684 14.376
201509 10.847 100.392 14.238
201512 11.735 99.792 15.496
201603 10.968 100.470 14.386
201606 11.475 101.688 14.870
201609 11.280 101.861 14.593
201612 12.257 101.863 15.856
201703 11.468 102.862 14.692
201706 11.588 103.349 14.775
201709 11.008 104.136 13.930
201712 11.913 104.011 15.093
201803 11.075 105.290 13.861
201806 12.380 106.317 15.345
201809 12.265 106.507 15.175
201812 11.494 105.998 14.289
201903 10.642 107.251 13.076
201906 11.160 108.070 13.608
201909 11.353 108.329 13.810
201912 11.824 108.420 14.371
202003 10.682 108.902 12.926
202006 9.377 108.767 11.361
202009 9.329 109.815 11.195
202012 10.304 109.897 12.355
202103 10.080 111.754 11.886
202106 10.407 114.631 11.964
202109 10.305 115.734 11.733
202112 11.014 117.630 12.339
202203 11.002 121.301 11.952
202206 12.364 125.017 13.032
202209 13.303 125.227 13.999
202212 12.818 125.222 13.489
202303 12.302 127.348 12.730
202306 12.596 128.729 12.894
202309 12.941 129.860 13.132
202312 13.084 129.419 13.322
202403 12.758 131.776 12.758

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


Honeywell International  (MIL:1HON) 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.

Honeywell International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=187.42/57.18
=3.28

* 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 Honeywell International was 4.26. The lowest was 1.68. And the median was 2.81.


Be Aware

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


Honeywell International Cyclically Adjusted Revenue per Share Related Terms

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


Honeywell International (MIL:1HON) Business Description

Industry
Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

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