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Axalta Coating Systems (STU:9AX) Cyclically Adjusted Revenue per Share : €20.93 (As of Mar. 2024)


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What is Axalta Coating Systems 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.

Axalta Coating Systems's adjusted revenue per share for the three months ended in Mar. 2024 was €5.379. 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 €20.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Axalta Coating Systems's average Cyclically Adjusted Revenue Growth Rate was 3.70% 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.

As of today (2024-05-24), Axalta Coating Systems's current stock price is €32.20. Axalta Coating Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.93. Axalta Coating Systems's Cyclically Adjusted PS Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axalta Coating Systems was 1.58. The lowest was 1.13. And the median was 1.40.


Axalta Coating Systems Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Axalta Coating Systems'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.

Axalta Coating Systems Cyclically Adjusted Revenue per Share Chart

Axalta Coating Systems 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 - - - 20.15 20.31

Axalta Coating Systems 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 20.15 18.83 21.37 20.31 20.93

Competitive Comparison of Axalta Coating Systems's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Axalta Coating Systems'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.


Axalta Coating Systems's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Axalta Coating Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Axalta Coating Systems 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, Axalta Coating Systems'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)
=5.379/131.7762*131.7762
=5.379

Current CPI (Mar. 2024) = 131.7762.

Axalta Coating Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.645 100.560 4.777
201409 3.780 100.428 4.960
201412 3.836 99.070 5.102
201503 3.889 99.621 5.144
201506 4.223 100.684 5.527
201509 3.717 100.392 4.879
201512 3.825 99.792 5.051
201603 3.548 100.470 4.654
201606 3.900 101.688 5.054
201609 3.834 101.861 4.960
201612 3.996 101.863 5.169
201703 3.851 102.862 4.933
201706 4.044 103.349 5.156
201709 3.742 104.136 4.735
201712 4.030 104.011 5.106
201803 3.867 105.290 4.840
201806 4.242 106.317 5.258
201809 4.114 106.507 5.090
201812 4.288 105.998 5.331
201903 4.187 107.251 5.144
201906 4.352 108.070 5.307
201909 4.268 108.329 5.192
201912 4.192 108.420 5.095
202003 3.773 108.902 4.566
202006 2.464 108.767 2.985
202009 3.694 109.815 4.433
202012 3.738 109.897 4.482
202103 3.807 111.754 4.489
202106 4.005 114.631 4.604
202109 4.011 115.734 4.567
202112 4.403 117.630 4.933
202203 4.734 121.301 5.143
202206 5.276 125.017 5.561
202209 5.656 125.227 5.952
202212 5.273 125.222 5.549
202303 5.400 127.348 5.588
202306 5.368 128.729 5.495
202309 5.527 129.860 5.609
202312 5.376 129.419 5.474
202403 5.379 131.776 5.379

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


Axalta Coating Systems  (STU:9AX) 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.

Axalta Coating Systems's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=32.20/20.93
=1.54

* 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 Axalta Coating Systems was 1.58. The lowest was 1.13. And the median was 1.40.


Be Aware

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


Axalta Coating Systems Cyclically Adjusted Revenue per Share Related Terms

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


Axalta Coating Systems (STU:9AX) Business Description

Industry
Traded in Other Exchanges
Address
50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342
Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.

Axalta Coating Systems (STU:9AX) Headlines

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