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Northrop Grumman (BSP:NOCG34) Cyclically Adjusted Revenue per Share : R$273.04 (As of Mar. 2025)


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What is Northrop Grumman 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.

Northrop Grumman's adjusted revenue per share for the three months ended in Mar. 2025 was R$75.249. 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$273.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Northrop Grumman's average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% 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 Northrop Grumman was 12.20% per year. The lowest was -1.40% per year. And the median was 3.20% per year.

As of today (2025-05-15), Northrop Grumman's current stock price is R$517.81. Northrop Grumman's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$273.04. Northrop Grumman's Cyclically Adjusted PS Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Northrop Grumman was 2.99. The lowest was 1.50. And the median was 2.23.


Northrop Grumman Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Northrop Grumman'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.

Northrop Grumman Cyclically Adjusted Revenue per Share Chart

Northrop Grumman Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.64 192.67 191.01 203.55 282.46

Northrop Grumman Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 215.57 247.01 249.18 282.46 273.04

Competitive Comparison of Northrop Grumman's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Northrop Grumman'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.


Northrop Grumman's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Northrop Grumman 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, Northrop Grumman's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=75.249/134.9266*134.9266
=75.249

Current CPI (Mar. 2025) = 134.9266.

Northrop Grumman Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 18.943 100.684 25.386
201509 24.840 100.392 33.385
201512 23.967 99.792 32.405
201603 24.019 100.470 32.256
201606 22.634 101.688 30.032
201609 22.298 101.861 29.536
201612 24.924 101.863 33.014
201703 22.768 102.862 29.865
201706 24.309 103.349 31.736
201709 23.477 104.136 30.419
201712 24.589 104.011 31.898
201803 25.181 105.290 32.269
201806 30.611 106.317 38.848
201809 37.986 106.507 48.122
201812 36.659 105.998 46.664
201903 36.850 107.251 46.359
201906 38.290 108.070 47.806
201909 41.098 108.329 51.188
201912 42.336 108.420 52.686
202003 50.023 108.902 61.977
202006 55.103 108.767 68.356
202009 58.635 109.815 72.043
202012 62.807 109.897 77.112
202103 63.120 111.754 76.208
202106 56.986 114.631 67.075
202109 57.398 115.734 66.916
202112 61.761 117.630 70.843
202203 55.910 121.301 62.190
202206 56.955 125.017 61.470
202209 60.580 125.227 65.273
202212 68.038 125.222 73.311
202303 63.244 127.348 67.008
202306 61.076 128.729 64.017
202309 63.646 129.860 66.129
202312 69.130 129.419 72.072
202403 67.596 131.776 69.212
202406 74.523 132.554 75.857
202409 75.571 133.029 76.649
202412 89.431 133.157 90.619
202503 75.249 134.927 75.249

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


Northrop Grumman  (BSP:NOCG34) 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.

Northrop Grumman's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=517.81/273.04
=1.90

* 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 Northrop Grumman was 2.99. The lowest was 1.50. And the median was 2.23.


Be Aware

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


Northrop Grumman Cyclically Adjusted Revenue per Share Related Terms

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


Northrop Grumman Business Description

Industry
Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman Corp is a diversified company which is aligned in four operating sectors, which also comprise our reportable segments namely Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The aerospace segment designs and builds military aircraft, including the F-35, Global Hawk drones, and the B-21 bomber. Defense systems develops artillery, missile systems, and missile defense technologies. Mission systems focuses on radar, navigation, and communication systems, while space systems manufactures satellites, sensors, and rocket motors.

Northrop Grumman Headlines

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