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Leonardo SpA (MIL:LDO) Cyclically Adjusted Revenue per Share : €26.25 (As of Dec. 2023)


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What is Leonardo SpA 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.

Leonardo SpA's adjusted revenue per share for the three months ended in Dec. 2023 was €8.736. 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 €26.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Leonardo SpA's average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 Leonardo SpA was 2.60% per year. The lowest was -3.50% per year. And the median was -1.10% per year.

As of today (2024-05-27), Leonardo SpA's current stock price is €23.47. Leonardo SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €26.25. Leonardo SpA's Cyclically Adjusted PS Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Leonardo SpA was 0.89. The lowest was 0.17. And the median was 0.37.


Leonardo SpA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Leonardo SpA'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.

Leonardo SpA Cyclically Adjusted Revenue per Share Chart

Leonardo SpA 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 25.66 24.31 24.38 26.28 26.25

Leonardo SpA 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 26.12 26.25 26.32 26.25 -

Competitive Comparison of Leonardo SpA's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Leonardo SpA'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.


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

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

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



Leonardo SpA 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, Leonardo SpA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.736/119.7000*119.7000
=8.736

Current CPI (Dec. 2023) = 119.7000.

Leonardo SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.407 99.907 5.280
201406 5.468 100.093 6.539
201409 5.008 99.814 6.006
201412 7.196 99.721 8.638
201503 4.591 99.814 5.506
201506 5.741 100.279 6.853
201509 0.000 100.000 0.000
201512 0.000 99.814 0.000
201603 4.388 99.600 5.274
201606 5.011 99.900 6.004
201609 4.565 100.100 5.459
201612 6.908 100.300 8.244
201703 4.110 101.000 4.871
201706 5.458 101.100 6.462
201709 4.443 101.200 5.255
201712 6.417 101.200 7.590
201803 4.267 101.800 5.017
201806 5.463 102.400 6.386
201809 4.615 102.600 5.384
201812 6.958 102.300 8.141
201903 4.740 102.800 5.519
201906 5.631 103.100 6.538
201909 5.518 102.900 6.419
201912 8.087 102.800 9.416
202003 4.506 102.900 5.242
202006 5.716 102.900 6.649
202009 5.473 102.300 6.404
202012 7.624 102.600 8.895
202103 4.851 103.700 5.599
202106 6.181 104.200 7.100
202109 5.597 104.900 6.387
202112 7.945 106.600 8.921
202203 5.225 110.400 5.665
202206 6.205 112.500 6.602
202209 5.807 114.200 6.087
202212 8.336 119.000 8.385
202303 5.274 118.800 5.314
202306 6.709 119.700 6.709
202309 5.866 120.300 5.837
202312 8.736 119.700 8.736

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


Leonardo SpA  (MIL:LDO) 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.

Leonardo SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.47/26.25
=0.89

* 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 Leonardo SpA was 0.89. The lowest was 0.17. And the median was 0.37.


Be Aware

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


Leonardo SpA Cyclically Adjusted Revenue per Share Related Terms

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


Leonardo SpA (MIL:LDO) Business Description

Industry
Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.

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