A.O. Smith (BSP:A1OS34) Cyclically Adjusted Revenue per Share: R$148.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:A1OS34 A.O. Smith Corp BSP:A1OS34
76 GF Score
Price R$292.03
GF Value R$383.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is A.O. Smith Cyclically Adjusted Revenue per Share?

A.O. Smith BSP:A1OS34 76 Cyclically Adjusted Revenue per Share is R$148.09 as of Mar. 2026. GuruFocus rates BSP:A1OS34 with a GF Score™ of 76/100 and a GF Value™ of R$383.23 (Modestly Undervalued). 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.

A.O. Smith's adjusted revenue per share for the three months ended in Mar. 2026 was R$35.534. 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 R$148.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, A.O. Smith's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 A.O. Smith was 13.40% per year. The lowest was -2.50% per year. And the median was 5.30% per year.

As of today (2026-07-22), A.O. Smith's current stock price is R$292.03. A.O. Smith's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$148.09. A.O. Smith's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of A.O. Smith was 4.88. The lowest was 2.22. And the median was 3.46.


A.O. Smith  (BSP:A1OS34) 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.

A.O. Smith's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=292.03/148.09
=1.97

* 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 A.O. Smith was 4.88. The lowest was 2.22. And the median was 3.46.


Be Aware

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


A.O. Smith Cyclically Adjusted Revenue per Share Related Terms


A.O. Smith Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for A.O. Smith'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.

A.O. Smith Cyclically Adjusted Revenue per Share Chart

A.O. Smith 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 100.26 102.42 92.18 155.70 142.25

A.O. Smith Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 166.06 128.59 129.06 142.25 148.09

BSP:A1OS34 vs NPO, MIDD, FLS: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, A.O. Smith'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.


A.O. Smith Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A.O. Smith's Cyclically Adjusted PS Ratio falls into.


BSP:A1OS34
76GF Score
A.O. Smith Corp BSP:A1OS34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A.O. Smith 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, A.O. Smith's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=35.534/330.2130*330.2130
=35.534

Current CPI (Mar. 2026) = 330.2130.

A.O. Smith Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.901 241.018 17.675
201609 12.602 241.428 17.236
201612 13.307 241.432 18.200
201703 13.193 243.801 17.869
201706 13.910 244.955 18.751
201709 13.473 246.819 18.025
201712 14.574 246.524 19.522
201803 14.905 249.554 19.722
201806 18.192 251.989 23.839
201809 18.005 252.439 23.552
201812 18.493 251.233 24.307
201903 16.994 254.202 22.076
201906 17.557 256.143 22.634
201909 18.121 256.759 23.305
201912 18.775 256.974 24.126
202003 19.104 258.115 24.440
202006 21.240 257.797 27.206
202009 25.258 260.280 32.044
202012 26.361 260.474 33.419
202103 26.620 264.877 33.186
202106 26.733 271.696 32.491
202109 30.058 274.310 36.184
202112 35.149 278.802 41.630
202203 30.732 287.504 35.297
202206 31.128 296.311 34.689
202209 29.560 296.808 32.887
202212 32.066 296.797 35.676
202303 33.137 301.836 36.252
202306 30.773 305.109 33.305
202309 30.620 307.789 32.851
202312 32.402 306.746 34.881
202403 32.868 312.332 34.750
202406 37.378 314.175 39.286
202409 34.072 315.301 35.683
202412 38.193 315.605 39.961
202503 38.434 319.799 39.686
202506 39.362 322.561 40.296
202509 35.875 324.800 36.473
202512 35.582 324.054 36.258
202603 35.534 330.213 35.534

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 R$148.09 mean?
A.O. Smith (BSP:A1OS34) has a Cyclically Adjusted Revenue per Share of R$148.09 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on A.O. Smith and its competitors.
Is A.O. Smith's Cyclically Adjusted Revenue per Share too high?
A.O. Smith's current Cyclically Adjusted Revenue per Share is R$148.09. Overall, A.O. Smith has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does A.O. Smith's Cyclically Adjusted Revenue per Share compare to NPO and MIDD?
A.O. Smith's Cyclically Adjusted Revenue per Share of R$148.09 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 A.O. Smith and its competitors. A.O. Smith's current Cyclically Adjusted Revenue per Share is R$148.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A.O. Smith stock overvalued right now?
Based on GuruFocus' analysis, A.O. Smith (BSP:A1OS34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$383.23, compared to a current price of R$292.03 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$148.09. A.O. Smith's overall GF Score™ is 76/100 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 A.O. Smith (BSP:A1OS34), the current Cyclically Adjusted Revenue per Share is R$148.09 as of Mar. 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 A.O. Smith (BSP:A1OS34) Overvalued in 2026?

Based on GuruFocus' analysis, A.O. Smith stock appears to be undervalued. The current stock price of R$292.03 is trading 23.8% below its estimated GF Value™ of R$383.23. GuruFocus considers A.O. Smith to be Modestly Undervalued.

Key valuation signals for BSP:A1OS34:

  • Cyclically Adjusted Revenue per Share: R$148.09
  • GF Value™: R$383.23 vs. price of R$292.03 (23.8% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the BSP:A1OS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A.O. Smith Business Description

Other Exchanges AOS:USA0L7A:UK3SM:Germany
Address 11270 West Park Place, Suite 170, Milwaukee, WI, USA, 53224
A.O. Smith manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments: North America (80% of sales) and rest of world (20% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 36% and 52% market share, respectively. Residential water heaters account for most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered in the mid-1990s.
76GF Score

Get the complete analysis for BSP:A1OS34

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

R$292.03
Price
R$383.23
GF Value