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Waters (MEX:WAT) Cyclically Adjusted Revenue per Share : MXN711.03 (As of Mar. 2024)


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What is Waters 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.

Waters's adjusted revenue per share for the three months ended in Mar. 2024 was MXN177.839. 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 MXN711.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Waters's average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% 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 Waters was 14.50% per year. The lowest was 7.80% per year. And the median was 10.50% per year.

As of today (2024-06-23), Waters's current stock price is MXN5414.03. Waters's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN711.03. Waters's Cyclically Adjusted PS Ratio of today is 7.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Waters was 13.58. The lowest was 5.34. And the median was 7.78.


Waters Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Waters'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.

Waters Cyclically Adjusted Revenue per Share Chart

Waters 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 504.06 507.69 674.22 724.61 693.71

Waters 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 706.11 828.88 667.53 693.71 711.03

Competitive Comparison of Waters's Cyclically Adjusted Revenue per Share

For the Diagnostics & Research subindustry, Waters'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.


Waters's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Waters's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Waters 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, Waters'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)
=177.839/131.7762*131.7762
=177.839

Current CPI (Mar. 2024) = 131.7762.

Waters Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 73.362 100.560 96.136
201409 78.456 100.428 102.946
201412 101.178 99.070 134.581
201503 83.805 99.621 110.855
201506 93.152 100.684 121.918
201509 102.179 100.392 134.123
201512 122.363 99.792 161.581
201603 99.799 100.470 130.896
201606 121.820 101.688 157.865
201609 125.160 101.861 161.918
201612 160.147 101.863 207.177
201703 116.087 102.862 148.718
201706 124.956 103.349 159.326
201709 127.473 104.136 161.308
201712 167.807 104.011 212.602
201803 120.943 105.290 151.368
201806 149.359 106.317 185.126
201809 140.166 106.507 173.421
201812 186.478 105.998 231.829
201903 137.650 107.251 169.127
201906 165.615 108.070 201.945
201909 170.690 108.329 207.634
201912 210.869 108.420 256.295
202003 174.079 108.902 210.644
202006 193.013 108.767 233.843
202009 210.540 109.815 252.645
202012 250.199 109.897 300.011
202103 198.609 111.754 234.192
202106 218.300 114.631 250.950
202109 219.027 115.734 249.386
202112 279.552 117.630 313.172
202203 225.587 121.301 245.068
202206 237.492 125.017 250.333
202209 237.223 125.227 249.630
202212 280.074 125.222 294.734
202303 208.056 127.348 215.291
202306 215.156 128.729 220.250
202309 209.213 129.860 212.301
202312 234.593 129.419 238.865
202403 177.839 131.776 177.839

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


Waters  (MEX:WAT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5414.03/711.03
=7.61

* 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 Waters was 13.58. The lowest was 5.34. And the median was 7.78.


Be Aware

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


Waters Cyclically Adjusted Revenue per Share Related Terms

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


Waters (MEX:WAT) Business Description

Industry
Traded in Other Exchanges
Address
34 Maple Street, Milford, MA, USA, 01757
Water sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. As a percentage of sales in 2022, Waters generated 59% from pharmaceutical customers, 31% from industrial clients, and 10% from academic/government institutions.

Waters (MEX:WAT) Headlines

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