GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Teledyne Technologies Inc (NYSE:TDY) » Definitions » Cyclically Adjusted Revenue per Share

Teledyne Technologies (Teledyne Technologies) Cyclically Adjusted Revenue per Share : $98.65 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Teledyne Technologies 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.

Teledyne Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was $28.127. 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 $98.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Teledyne Technologies's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Teledyne Technologies was 10.60% per year. The lowest was 4.80% per year. And the median was 6.10% per year.

As of today (2024-05-16), Teledyne Technologies's current stock price is $402.26. Teledyne Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $98.65. Teledyne Technologies's Cyclically Adjusted PS Ratio of today is 4.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Teledyne Technologies was 6.03. The lowest was 1.40. And the median was 3.55.


Teledyne Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Teledyne Technologies'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.

Teledyne Technologies Cyclically Adjusted Revenue per Share Chart

Teledyne Technologies 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 68.55 72.35 81.55 91.01 97.78

Teledyne Technologies 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 93.49 95.41 97.20 97.78 98.65

Competitive Comparison of Teledyne Technologies's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Teledyne Technologies'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.


Teledyne Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Teledyne Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Teledyne Technologies 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, Teledyne Technologies'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)
=28.127/131.7762*131.7762
=28.127

Current CPI (Mar. 2024) = 131.7762.

Teledyne Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.672 100.560 20.537
201409 15.902 100.428 20.866
201412 16.684 99.070 22.192
201503 15.479 99.621 20.475
201506 15.889 100.684 20.796
201509 15.283 100.392 20.061
201512 17.268 99.792 22.802
201603 15.071 100.470 19.767
201606 15.289 101.688 19.813
201609 14.798 101.861 19.144
201612 15.444 101.863 19.979
201703 15.681 102.862 20.089
201706 18.539 103.349 23.638
201709 18.192 104.136 23.021
201712 19.246 104.011 24.384
201803 18.902 105.290 23.657
201806 19.797 106.317 24.538
201809 19.497 106.507 24.123
201812 20.227 105.998 25.146
201903 20.032 107.251 24.613
201906 20.909 108.070 25.496
201909 21.335 108.329 25.953
201912 22.069 108.420 26.823
202003 20.757 108.902 25.117
202006 19.664 108.767 23.824
202009 19.815 109.815 23.778
202012 21.186 109.897 25.404
202103 21.203 111.754 25.002
202106 25.711 114.631 29.556
202109 27.503 115.734 31.315
202112 28.720 117.630 32.174
202203 27.694 121.301 30.086
202206 28.423 125.017 29.960
202209 28.587 125.227 30.082
202212 29.732 125.222 31.288
202303 28.879 127.348 29.883
202306 29.743 128.729 30.447
202309 29.280 129.860 29.712
202312 29.749 129.419 30.291
202403 28.127 131.776 28.127

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


Teledyne Technologies  (NYSE:TDY) 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.

Teledyne Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=402.26/98.65
=4.08

* 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 Teledyne Technologies was 6.03. The lowest was 1.40. And the median was 3.55.


Be Aware

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


Teledyne Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Teledyne Technologies (Teledyne Technologies) Business Description

Industry
Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Executives
Sue Main officer: VP & Controller TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees officer: VP, Strategy, Mergers & Acq. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian officer: Chairman, Pres. & CEO C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W director ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne director ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik officer: Sr. VP, General Counsel & Sec. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood officer: Senior VP & Treasurer 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii officer: See Remarks 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker director ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg director SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak officer: Vice President and Controller 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne director 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli officer: Segment President & COO TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360

Teledyne Technologies (Teledyne Technologies) Headlines