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RTX (LTS:0R2N) Cyclically Adjusted Revenue per Share : $66.44 (As of Mar. 2024)


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What is RTX 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.

RTX's adjusted revenue per share for the three months ended in Mar. 2024 was $14.436. 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 $66.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RTX's average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% 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 RTX was 13.00% per year. The lowest was -1.60% per year. And the median was 3.20% per year.

As of today (2024-05-17), RTX's current stock price is $104.96. RTX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $66.44. RTX's Cyclically Adjusted PS Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of RTX was 1.59. The lowest was 0.74. And the median was 1.17.


RTX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for RTX'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.

RTX Cyclically Adjusted Revenue per Share Chart

RTX 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 107.76 66.06 67.44 67.48 67.30

RTX 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 68.62 68.19 67.64 67.30 66.44

Competitive Comparison of RTX's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, RTX'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.


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

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

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



RTX 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, RTX'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)
=14.436/131.7762*131.7762
=14.436

Current CPI (Mar. 2024) = 131.7762.

RTX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.794 100.560 24.628
201409 16.004 100.428 21.000
201412 16.357 99.070 21.757
201503 14.731 99.621 19.486
201506 16.517 100.684 21.618
201509 15.580 100.392 20.451
201512 16.784 99.792 22.163
201603 16.068 100.470 21.075
201606 17.843 101.688 23.122
201609 17.269 101.861 22.341
201612 18.120 101.863 23.441
201703 17.219 102.862 22.059
201706 19.143 103.349 24.408
201709 18.896 104.136 23.912
201712 19.644 104.011 24.888
201803 19.043 105.290 23.833
201806 20.892 106.317 25.895
201809 20.591 106.507 25.476
201812 -16.409 105.998 -20.400
201903 21.337 107.251 26.216
201906 13.117 108.070 15.994
201909 13.162 108.329 16.011
201912 13.489 108.420 16.395
202003 13.121 108.902 15.877
202006 9.366 108.767 11.347
202009 9.739 109.815 11.687
202012 10.966 109.897 13.149
202103 10.073 111.754 11.878
202106 10.492 114.631 12.061
202109 10.766 115.734 12.258
202112 11.355 117.630 12.721
202203 10.492 121.301 11.398
202206 10.952 125.017 11.544
202209 11.459 125.227 12.058
202212 12.251 125.222 12.892
202303 11.677 127.348 12.083
202306 12.470 128.729 12.765
202309 9.298 129.860 9.435
202312 14.828 129.419 15.098
202403 14.436 131.776 14.436

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


RTX  (LTS:0R2N) 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.

RTX's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=104.96/66.44
=1.58

* 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 RTX was 1.59. The lowest was 0.74. And the median was 1.17.


Be Aware

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


RTX Cyclically Adjusted Revenue per Share Related Terms

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


RTX (LTS:0R2N) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (LTS:0R2N) » Definitions » Cyclically Adjusted Revenue per Share
Address
1000 Wilson Boulevard, Arlington, VA, USA, 22209
RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

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