AWTRF (Air Water) Cyclically Adjusted Revenue per Share: $26.02 (As of Sep. 2025)

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AWTRF Air Water Inc AWTRF
88 GF Score
Price $13.91
GF Value $12.18
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Air Water Cyclically Adjusted Revenue per Share?

Air Water AWTRF -5.69% 88 Cyclically Adjusted Revenue per Share is $26.02 as of Sep. 2025. GuruFocus rates AWTRF with a GF Score™ of 88/100 and a GF Value™ of $12.18 (Modestly Overvalued). The stock has 14 warning signs 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.

Air Water's adjusted revenue per share for the three months ended in Sep. 2025 was $7.700. 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 $26.02 for the trailing ten years ended in Sep. 2025.

During the past 12 months, Air Water's average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Air Water was 6.00% per year. The lowest was 4.10% per year. And the median was 4.90% per year.

As of today (2026-07-14), Air Water's current stock price is $13.91. Air Water's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was $26.02. Air Water's Cyclically Adjusted PS Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Air Water was 0.82. The lowest was 0.36. And the median was 0.50.


Air Water  (OTCPK:AWTRF) 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.

Air Water's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.91/26.02
=0.53

* 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 Air Water was 0.82. The lowest was 0.36. And the median was 0.50.


Be Aware

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


Air Water Cyclically Adjusted Revenue per Share Related Terms


Air Water Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Air Water'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.

Air Water Cyclically Adjusted Revenue per Share Chart

Air Water Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.77 30.08 29.91 22.33 25.22

Air Water Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 24.93 25.11 25.22 22.35 26.02

AWTRF vs LIN, SHW, ECL: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Chemicals subindustry, Air Water'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.


Air Water Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Water's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


AWTRF
88GF Score
Air Water Inc AWTRF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Water 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, Air Water's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=7.7/112.0000*112.0000
=7.700

Current CPI (Sep. 2025) = 112.0000.

Air Water Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 7.026 98.100 8.022
201603 7.636 97.900 8.736
201606 7.412 98.100 8.462
201609 8.106 98.000 9.264
201612 7.743 98.400 8.813
201703 8.212 98.100 9.376
201706 8.207 98.500 9.332
201709 8.350 98.800 9.466
201712 8.827 99.400 9.946
201803 9.627 99.200 10.869
201806 7.934 99.200 8.958
201809 9.202 99.900 10.317
201812 8.646 99.700 9.713
201903 9.381 99.700 10.538
201906 8.647 99.800 9.704
201909 8.372 100.100 9.367
201912 9.163 100.500 10.212
202003 8.854 100.300 9.887
202006 7.358 99.900 8.249
202009 8.071 99.900 9.049
202012 9.048 99.300 10.205
202103 9.018 99.900 10.110
202106 8.290 99.500 9.331
202109 8.550 100.100 9.566
202112 8.820 100.100 9.869
202203 8.960 101.100 9.926
202206 7.394 101.800 8.135
202209 7.343 103.100 7.977
202212 8.514 104.100 9.160
202303 9.212 104.400 9.883
202306 7.147 105.200 7.609
202309 7.327 106.200 7.727
202312 8.150 106.800 8.547
202403 8.179 107.200 8.545
202406 6.819 108.200 7.058
202409 7.920 108.900 8.145
202412 7.967 110.700 8.061
202503 8.533 111.100 8.602
202506 7.720 111.700 7.741
202509 7.700 112.000 7.700

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 $26.02 mean?
Air Water (AWTRF) has a Cyclically Adjusted Revenue per Share of $26.02 as of Sep. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Air Water and its competitors.
Is Air Water's Cyclically Adjusted Revenue per Share too high?
Air Water's current Cyclically Adjusted Revenue per Share is $26.02. Overall, Air Water has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's Cyclically Adjusted Revenue per Share compare to LIN and SHW?
Air Water's Cyclically Adjusted Revenue per Share of $26.02 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Air Water and its competitors. Air Water's current Cyclically Adjusted Revenue per Share is $26.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (AWTRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.18, compared to a current price of $13.91 — trading 14.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $26.02. Air Water's overall GF Score™ is 88/100 with 14 warning signs 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 Air Water (AWTRF), the current Cyclically Adjusted Revenue per Share is $26.02 as of Sep. 2025. 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 Air Water (AWTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Air Water stock appears to be overvalued. The current stock price of $13.91 is trading 14.2% above its estimated GF Value™ of $12.18. GuruFocus considers Air Water to be Modestly Overvalued.

Key valuation signals for AWTRF:

  • Cyclically Adjusted Revenue per Share: $26.02
  • GF Value™: $12.18 vs. price of $13.91 (14.2% above fair value)
  • GF Score™: 88/100 with 14 warning signs

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


Air Water Business Description

Other Exchanges 4088:Japan0AW:Germany
Address 2-12-8 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
88GF Score

Get the complete analysis for AWTRF

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

$13.91
Price
$12.18
GF Value