AWI (Armstrong World Industries) Cyclically Adjusted Revenue per Share: $28.98 (As of Jun. 2026)

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AWI Armstrong World Industries Inc AWI
71 GF Score
Price $183.40
GF Value $173.75
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Armstrong World Industries Cyclically Adjusted Revenue per Share?

Armstrong World Industries AWI -1.15% 71 Cyclically Adjusted Revenue per Share is $28.98 as of Jun. 2026. GuruFocus rates AWI with a GF Score™ of 71/100 and a GF Value™ of $173.75 (Fairly Valued). The stock has 1 warning sign investors should review.

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 Jun. 2026 was $11.054. 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 $28.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Armstrong World Industries's average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.90% 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 Armstrong World Industries was 1.10% per year. The lowest was -11.90% per year. And the median was -6.70% per year.

As of today (2026-08-10), Armstrong World Industries's current stock price is $183.395. Armstrong World Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $28.98. Armstrong World Industries's Cyclically Adjusted PS Ratio of today is 6.33.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Armstrong World Industries was 7.69. The lowest was 0.89. And the median was 2.88.


Armstrong World Industries  (NYSE:AWI) 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
=183.395/28.98
=6.33

* 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 7.69. The lowest was 0.89. And the median was 2.88.


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


Armstrong World Industries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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.

Armstrong World Industries Cyclically Adjusted Revenue per Share Chart

Armstrong World Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.52 26.70 24.84 25.76 27.58

Armstrong World Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.09 26.43 27.58 28.33 28.98

AWI vs FBIN, BLDR, AAON: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


AWI
71GF Score
Armstrong World Industries Inc AWI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.054/333.9520*333.9520
=11.054

Current CPI (Jun. 2026) = 333.9520.

Armstrong World Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.980 241.428 8.272
201612 -1.812 241.432 -2.506
201703 4.033 243.801 5.524
201706 4.201 244.955 5.727
201709 4.372 246.819 5.915
201712 3.976 246.524 5.386
201803 4.225 249.554 5.654
201806 4.726 251.989 6.263
201809 5.019 252.439 6.640
201812 4.778 251.233 6.351
201903 4.891 254.202 6.425
201906 5.462 256.143 7.121
201909 5.598 256.759 7.281
201912 5.018 256.974 6.521
202003 5.181 258.115 6.703
202006 4.233 257.797 5.483
202009 5.131 260.280 6.583
202012 4.983 260.474 6.389
202103 5.248 264.877 6.617
202106 5.821 271.696 7.155
202109 6.113 274.310 7.442
202112 5.935 278.802 7.109
202203 5.987 287.504 6.954
202206 6.874 296.311 7.747
202209 7.050 296.808 7.932
202212 6.692 296.797 7.530
202303 6.818 301.836 7.543
202306 7.231 305.109 7.915
202309 7.787 307.789 8.449
202312 7.066 306.746 7.693
202403 7.399 312.332 7.911
202406 8.298 314.175 8.820
202409 8.806 315.301 9.327
202412 8.357 315.605 8.843
202503 8.737 319.799 9.124
202506 9.716 322.561 10.059
202509 9.752 324.800 10.027
202512 8.968 324.054 9.242
202603 9.488 330.213 9.595
202606 11.054 333.952 11.054

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

What does a Cyclically Adjusted Revenue per Share of $28.98 mean?
Armstrong World Industries (AWI) has a Cyclically Adjusted Revenue per Share of $28.98 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Armstrong World Industries and its competitors.
Is Armstrong World Industries' Cyclically Adjusted Revenue per Share too high?
Armstrong World Industries' current Cyclically Adjusted Revenue per Share is $28.98. Overall, Armstrong World Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Armstrong World Industries' Cyclically Adjusted Revenue per Share compare to FBIN and BLDR?
Armstrong World Industries' Cyclically Adjusted Revenue per Share of $28.98 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Armstrong World Industries and its competitors. Armstrong World Industries's current Cyclically Adjusted Revenue per Share is $28.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong World Industries stock overvalued right now?
Based on GuruFocus' analysis, Armstrong World Industries (AWI) is currently considered Fairly Valued. The stock's GF Value™ is $173.75, compared to a current price of $183.40 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $28.98. Armstrong World Industries' overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Armstrong World Industries (AWI), the current Cyclically Adjusted Revenue per Share is $28.98 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Armstrong World Industries (AWI) Overvalued in 2026?

Based on GuruFocus' analysis, Armstrong World Industries stock appears to be overvalued. The current stock price of $183.40 is trading 5.6% above its estimated GF Value™ of $173.75. GuruFocus considers Armstrong World Industries to be Fairly Valued.

Key valuation signals for AWI:

  • Cyclically Adjusted Revenue per Share: $28.98
  • GF Value™: $173.75 vs. price of $183.40 (5.6% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the AWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Armstrong World Industries Business Description

Other Exchanges AWII34:Brazil
Address 2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc designs and manufactures exterior architectural applications, including ceilings, specialty walls, and exterior metal solutions, using materials such as mineral fiber, fiberglass, metal, felt, architectural resin and glass, wood, wood fiber, and glass-reinforced-gypsum. Its segments include Mineral Fiber, which produces suspended mineral fiber and fiberglass ceiling systems and includes results from the Worthington Armstrong Venture (WAVE) for ceiling suspension system (grid) products; Architectural Specialties, which designs, produces, and sources specialty ceilings, walls, and other architectural applications for commercial settings, with revenues mainly project driven; and Unallocated Corporate. The company operates in the United States and Canada.
71GF Score

Get the complete analysis for AWI

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$183.40
Price
$173.75
GF Value