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Barnes Group (Barnes Group) Cyclically Adjusted Revenue per Share : $29.70 (As of Mar. 2024)


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What is Barnes Group 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.

Barnes Group's adjusted revenue per share for the three months ended in Mar. 2024 was $8.395. 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 $29.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Barnes Group's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% 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 Barnes Group was 7.10% per year. The lowest was -1.60% per year. And the median was 1.90% per year.

As of today (2024-05-16), Barnes Group's current stock price is $40.61. Barnes Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.70. Barnes Group's Cyclically Adjusted PS Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Barnes Group was 3.24. The lowest was 0.68. And the median was 1.71.


Barnes Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Barnes Group'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.

Barnes Group Cyclically Adjusted Revenue per Share Chart

Barnes Group 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 23.73 24.07 26.38 28.40 29.59

Barnes Group 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 28.92 29.25 29.57 29.59 29.70

Competitive Comparison of Barnes Group's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Barnes Group'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.


Barnes Group's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Barnes Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Barnes Group 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, Barnes Group'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)
=8.395/131.7762*131.7762
=8.395

Current CPI (Mar. 2024) = 131.7762.

Barnes Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.759 100.560 7.547
201409 5.723 100.428 7.509
201412 5.590 99.070 7.435
201503 5.400 99.621 7.143
201506 5.655 100.684 7.401
201509 5.243 100.392 6.882
201512 5.208 99.792 6.877
201603 5.274 100.470 6.917
201606 5.613 101.688 7.274
201609 5.709 101.861 7.386
201612 5.938 101.863 7.682
201703 6.254 102.862 8.012
201706 6.661 103.349 8.493
201709 6.545 104.136 8.282
201712 6.848 104.011 8.676
201803 6.779 105.290 8.484
201806 7.063 106.317 8.754
201809 7.100 106.507 8.785
201812 7.379 105.998 9.174
201903 7.218 107.251 8.869
201906 7.183 108.070 8.759
201909 7.273 108.329 8.847
201912 7.205 108.420 8.757
202003 6.421 108.902 7.770
202006 4.618 108.767 5.595
202009 5.282 109.815 6.338
202012 5.667 109.897 6.795
202103 5.904 111.754 6.962
202106 6.285 114.631 7.225
202109 6.366 115.734 7.248
202112 6.091 117.630 6.824
202203 6.105 121.301 6.632
202206 6.299 125.017 6.640
202209 6.164 125.227 6.486
202212 6.100 125.222 6.419
202303 6.542 127.348 6.769
202306 6.617 128.729 6.774
202309 7.070 129.860 7.174
202312 8.124 129.419 8.272
202403 8.395 131.776 8.395

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


Barnes Group  (NYSE:B) 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.

Barnes Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.61/29.7
=1.37

* 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 Barnes Group was 3.24. The lowest was 0.68. And the median was 1.71.


Be Aware

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


Barnes Group Cyclically Adjusted Revenue per Share Related Terms

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


Barnes Group (Barnes Group) Business Description

Industry
Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Executives
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes director C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner director 123 MAIN STREET, BRISTOL CT 06010
Marian Acker officer: VP, Controller 123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll officer: SVP, Gen. Counsel & Secretary 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook director 810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes director 123 MAIN STREET, BRISTOL CT 06010
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich officer: SVP, Finance and CFO 123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards officer: SVP, Human Resources 123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason officer: SVP, BGI; Pres., Barnes Aero C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck officer: SVP, BGI; Pres., Barnes Aero 123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka officer: SVP, Corporate Development 123 MAIN STREET, BRISTOL CT 06010