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MT (ArcelorMittal) Cyclically Adjusted Revenue per Share : $77.27 (As of Dec. 2024)


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What is ArcelorMittal 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.

ArcelorMittal's adjusted revenue per share for the three months ended in Dec. 2024 was $18.961. 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 $77.27 for the trailing ten years ended in Dec. 2024.

During the past 12 months, ArcelorMittal's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% 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 ArcelorMittal was 1.50% per year. The lowest was -7.70% per year. And the median was -3.80% per year.

As of today (2025-04-27), ArcelorMittal's current stock price is $29.58. ArcelorMittal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $77.27. ArcelorMittal's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ArcelorMittal was 0.43. The lowest was 0.05. And the median was 0.26.


ArcelorMittal Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ArcelorMittal'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.

ArcelorMittal Cyclically Adjusted Revenue per Share Chart

ArcelorMittal 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 95.12 85.61 81.36 84.81 77.27

ArcelorMittal Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 84.81 83.55 82.45 84.96 77.27

Competitive Comparison of ArcelorMittal's Cyclically Adjusted Revenue per Share

For the Steel subindustry, ArcelorMittal'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.


ArcelorMittal's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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ArcelorMittal 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, ArcelorMittal's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=18.961/122.4300*122.4300
=18.961

Current CPI (Dec. 2024) = 122.4300.

ArcelorMittal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 28.641 99.980 35.072
201506 28.197 100.640 34.302
201509 20.176 100.380 24.608
201512 23.367 99.910 28.634
201603 22.419 100.030 27.439
201606 14.922 100.660 18.149
201609 14.224 100.750 17.285
201612 13.831 101.040 16.759
201703 15.740 101.780 18.933
201706 16.856 102.170 20.198
201709 17.242 102.520 20.591
201712 17.295 102.410 20.676
201803 18.755 102.900 22.315
201806 19.644 103.650 23.203
201809 18.177 104.580 21.280
201812 17.968 104.320 21.087
201903 18.867 105.140 21.970
201906 19.013 105.550 22.054
201909 16.437 105.900 19.003
201912 15.330 106.080 17.693
202003 14.668 106.040 16.935
202006 9.809 106.340 11.293
202009 10.803 106.620 12.405
202012 11.781 106.670 13.522
202103 13.688 108.140 15.497
202106 16.718 108.680 18.833
202109 18.192 109.470 20.346
202112 20.141 111.090 22.197
202203 22.605 114.780 24.112
202206 23.911 116.750 25.074
202209 21.201 117.000 22.185
202212 19.437 117.060 20.329
202303 21.463 118.910 22.098
202306 22.019 120.460 22.379
202309 19.757 121.740 19.869
202312 17.533 121.170 17.715
202403 20.076 122.590 20.050
202406 20.388 123.120 20.274
202409 19.457 123.300 19.320
202412 18.961 122.430 18.961

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


ArcelorMittal  (NYSE:MT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.58/77.27
=0.38

* 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 ArcelorMittal was 0.43. The lowest was 0.05. And the median was 0.26.


Be Aware

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


ArcelorMittal Cyclically Adjusted Revenue per Share Related Terms

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


ArcelorMittal Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (NYSE:MT) » Definitions » Cyclically Adjusted Revenue per Share
Address
24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160
ArcelorMittal SA is involved in the steel industry. The company's operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, Mining and Other . It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from United States.