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Goodyear Tire & Rubber Co (STU:GTR) Cyclically Adjusted Revenue per Share : €68.31 (As of Mar. 2024)


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What is Goodyear Tire & Rubber Co 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.

Goodyear Tire & Rubber Co's adjusted revenue per share for the three months ended in Mar. 2024 was €14.595. 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 €68.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Goodyear Tire & Rubber Co's average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% 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 Goodyear Tire & Rubber Co was 2.60% per year. The lowest was -4.90% per year. And the median was -1.00% per year.

As of today (2024-05-13), Goodyear Tire & Rubber Co's current stock price is €12.005. Goodyear Tire & Rubber Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €68.31. Goodyear Tire & Rubber Co's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Goodyear Tire & Rubber Co was 0.47. The lowest was 0.07. And the median was 0.26.


Goodyear Tire & Rubber Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Goodyear Tire & Rubber Co'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.

Goodyear Tire & Rubber Co Cyclically Adjusted Revenue per Share Chart

Goodyear Tire & Rubber Co 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 64.79 54.69 64.44 69.95 67.54

Goodyear Tire & Rubber Co 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 69.45 69.30 69.42 67.54 68.31

Competitive Comparison of Goodyear Tire & Rubber Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Goodyear Tire & Rubber Co'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.


Goodyear Tire & Rubber Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear Tire & Rubber Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Goodyear Tire & Rubber Co's Cyclically Adjusted PS Ratio falls into.



Goodyear Tire & Rubber Co 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, Goodyear Tire & Rubber Co'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)
=14.595/129.4194*129.4194
=14.595

Current CPI (Mar. 2024) = 129.4194.

Goodyear Tire & Rubber Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.195 100.560 15.695
201409 12.953 100.428 16.692
201412 12.800 99.070 16.721
201503 13.570 99.621 17.629
201506 13.567 100.684 17.439
201509 13.606 100.392 17.540
201512 13.814 99.792 17.915
201603 12.231 100.470 15.755
201606 12.882 101.688 16.395
201609 12.886 101.861 16.372
201612 13.640 101.863 17.330
201703 13.510 102.862 16.998
201706 12.815 103.349 16.048
201709 12.952 104.136 16.097
201712 13.927 104.011 17.329
201803 12.730 105.290 15.647
201806 13.643 106.317 16.608
201809 14.144 106.507 17.187
201812 14.560 105.998 17.777
201903 13.725 107.251 16.562
201906 13.736 108.070 16.450
201909 14.753 108.329 17.625
201912 14.342 108.420 17.120
202003 11.819 108.902 14.046
202006 8.136 108.767 9.681
202009 12.572 109.815 14.816
202012 12.843 109.897 15.124
202103 12.392 111.754 14.351
202106 13.371 114.631 15.096
202109 14.664 115.734 16.398
202112 15.694 117.630 17.267
202203 15.528 121.301 16.567
202206 17.240 125.017 17.847
202209 18.756 125.227 19.384
202212 17.738 125.222 18.333
202303 16.193 127.348 16.456
202306 15.762 128.729 15.847
202309 16.905 129.860 16.848
202312 16.461 129.419 16.461
202403 14.595 129.419 14.595

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


Goodyear Tire & Rubber Co  (STU:GTR) 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.

Goodyear Tire & Rubber Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.005/68.31
=0.18

* 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 Goodyear Tire & Rubber Co was 0.47. The lowest was 0.07. 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.


Goodyear Tire & Rubber Co Cyclically Adjusted Revenue per Share Related Terms

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


Goodyear Tire & Rubber Co (STU:GTR) Business Description

Traded in Other Exchanges
Address
200 Innovation Way, Akron, OH, USA, 44316-0001
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.

Goodyear Tire & Rubber Co (STU:GTR) Headlines