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Fortune Brands Innovations (STU:2FB) Cyclically Adjusted Revenue per Share : €36.37 (As of Mar. 2024)


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What is Fortune Brands Innovations 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.

Fortune Brands Innovations's adjusted revenue per share for the three months ended in Mar. 2024 was €8.038. 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 €36.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fortune Brands Innovations's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Fortune Brands Innovations was 8.40% per year. The lowest was 7.20% per year. And the median was 7.80% per year.

As of today (2024-05-26), Fortune Brands Innovations's current stock price is €64.50. Fortune Brands Innovations's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €36.37. Fortune Brands Innovations's Cyclically Adjusted PS Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortune Brands Innovations was 3.00. The lowest was 0.99. And the median was 1.88.


Fortune Brands Innovations Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Cyclically Adjusted Revenue per Share Chart

Fortune Brands Innovations 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 26.79 24.51 29.44 34.58 35.45

Fortune Brands Innovations 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 34.64 35.04 36.75 35.45 36.37

Competitive Comparison of Fortune Brands Innovations's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortune Brands Innovations 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, Fortune Brands Innovations'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)
=8.038/131.7762*131.7762
=8.038

Current CPI (Mar. 2024) = 131.7762.

Fortune Brands Innovations Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.481 100.560 5.872
201409 5.029 100.428 6.599
201412 5.201 99.070 6.918
201503 5.403 99.621 7.147
201506 6.369 100.684 8.336
201509 6.755 100.392 8.867
201512 6.897 99.792 9.108
201603 6.230 100.470 8.171
201606 7.348 101.688 9.522
201609 7.231 101.861 9.355
201612 7.864 101.863 10.173
201703 7.104 102.862 9.101
201706 7.760 103.349 9.894
201709 7.258 104.136 9.184
201712 7.556 104.011 9.573
201803 6.690 105.290 8.373
201806 8.338 106.317 10.335
201809 8.206 106.507 10.153
201812 8.763 105.998 10.894
201903 8.282 107.251 10.176
201906 9.440 108.070 11.511
201909 9.402 108.329 11.437
201912 9.386 108.420 11.408
202003 9.016 108.902 10.910
202006 8.802 108.767 10.664
202009 9.983 109.815 11.979
202012 -4.725 109.897 -5.666
202103 10.581 111.754 12.477
202106 11.446 114.631 13.158
202109 12.086 115.734 13.761
202112 -5.747 117.630 -6.438
202203 7.686 121.301 8.350
202206 9.052 125.017 9.541
202209 9.281 125.227 9.766
202212 8.270 125.222 8.703
202303 7.559 127.348 7.822
202306 8.424 128.729 8.623
202309 9.247 129.860 9.383
202312 8.379 129.419 8.532
202403 8.038 131.776 8.038

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


Fortune Brands Innovations  (STU:2FB) 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.

Fortune Brands Innovations's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=64.50/36.37
=1.77

* 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 Fortune Brands Innovations was 3.00. The lowest was 0.99. And the median was 1.88.


Be Aware

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


Fortune Brands Innovations Cyclically Adjusted Revenue per Share Related Terms

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


Fortune Brands Innovations (STU:2FB) Business Description

Industry
Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

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