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Baxter International (STU:BTL) Cyclically Adjusted Revenue per Share : €23.44 (As of Mar. 2025)


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What is Baxter International 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.

Baxter International's adjusted revenue per share for the three months ended in Mar. 2025 was €4.724. 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 €23.44 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Baxter International'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 1.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% 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 Baxter International was 7.50% per year. The lowest was -4.30% per year. And the median was 1.50% per year.

As of today (2025-05-24), Baxter International's current stock price is €26.46. Baxter International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €23.44. Baxter International's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Baxter International was 4.06. The lowest was 1.10. And the median was 2.68.


Baxter International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Baxter International'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.

Baxter International Cyclically Adjusted Revenue per Share Chart

Baxter International 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 18.42 21.35 22.67 22.70 23.85

Baxter International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23.23 23.44 22.50 23.85 23.44

Competitive Comparison of Baxter International's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Baxter International'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.


Baxter International's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Baxter International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Baxter International 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, Baxter International's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.724/134.9266*134.9266
=4.724

Current CPI (Mar. 2025) = 134.9266.

Baxter International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.017 100.684 5.383
201509 4.036 100.392 5.424
201512 4.329 99.792 5.853
201603 3.864 100.470 5.189
201606 4.160 101.688 5.520
201609 4.136 101.861 5.479
201612 4.576 101.863 6.061
201703 4.200 102.862 5.509
201706 4.177 103.349 5.453
201709 4.078 104.136 5.284
201712 4.236 104.011 5.495
201803 3.940 105.290 5.049
201806 4.447 106.317 5.644
201809 4.334 106.507 5.490
201812 4.611 105.998 5.869
201903 4.472 107.251 5.626
201906 4.833 108.070 6.034
201909 4.978 108.329 6.200
201912 5.301 108.420 6.597
202003 4.914 108.902 6.088
202006 4.668 108.767 5.791
202009 4.871 109.815 5.985
202012 5.058 109.897 6.210
202103 4.843 111.754 5.847
202106 5.052 114.631 5.946
202109 5.419 115.734 6.318
202112 5.040 117.630 5.781
202203 6.613 121.301 7.356
202206 6.693 125.017 7.224
202209 7.232 125.227 7.792
202212 -1.311 125.222 -1.413
202303 6.497 127.348 6.884
202306 6.762 128.729 7.088
202309 4.784 129.860 4.971
202312 4.863 129.419 5.070
202403 4.492 131.776 4.599
202406 6.944 132.554 7.068
202409 4.750 133.029 4.818
202412 5.125 133.157 5.193
202503 4.724 134.927 4.724

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


Baxter International  (STU:BTL) 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.

Baxter International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.46/23.44
=1.13

* 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 Baxter International was 4.06. The lowest was 1.10. And the median was 2.68.


Be Aware

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


Baxter International Cyclically Adjusted Revenue per Share Related Terms

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


Baxter International Business Description

Address
One Baxter Parkway, Deerfield, IL, USA, 60015
Baxter International Inc offers a variety of medical supplies and equipment to providers. From its legacy operations, Baxter sells injectable therapies for use in care settings, including IV pumps, administrative sets, and solutions; nutritional products; and surgical sealants and hemostatic agents. Baxter expanded its portfolio of hospital-focused offerings by acquiring Hillrom in late 2021, which added basic equipment like hospital beds, operating room equipment, and patient monitoring tools to the portfolio. Baxter also sold its kidney care tools in early 2025.

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