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Linde (STU:LIN) Cyclically Adjusted Revenue per Share : €54.76 (As of Mar. 2024)


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What is Linde 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.

Linde's adjusted revenue per share for the three months ended in Mar. 2024 was €15.346. 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 €54.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Linde's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 Linde was 8.90% per year. The lowest was 3.40% per year. And the median was 7.10% per year.

As of today (2024-05-20), Linde's current stock price is €397.60. Linde's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €54.76. Linde's Cyclically Adjusted PS Ratio of today is 7.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Linde was 8.13. The lowest was 2.69. And the median was 4.06.


Linde Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Linde'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.

Linde Cyclically Adjusted Revenue per Share Chart

Linde 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 38.31 35.93 43.45 50.80 51.87

Linde 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 51.20 52.05 54.88 51.87 54.76

Competitive Comparison of Linde's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Linde'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.


Linde's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Linde 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, Linde'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)
=15.346/131.7762*131.7762
=15.346

Current CPI (Mar. 2024) = 131.7762.

Linde Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.741 100.560 10.144
201409 8.264 100.428 10.844
201412 8.256 99.070 10.982
201503 8.735 99.621 11.554
201506 8.409 100.684 11.006
201509 8.330 100.392 10.934
201512 8.309 99.792 10.972
201603 7.860 100.470 10.309
201606 8.243 101.688 10.682
201609 8.397 101.861 10.863
201612 8.708 101.863 11.265
201703 8.876 102.862 11.371
201706 8.742 103.349 11.147
201709 8.477 104.136 10.727
201712 8.349 104.011 10.578
201803 8.319 105.290 10.412
201806 8.957 106.317 11.102
201809 8.843 106.507 10.941
201812 11.021 105.998 13.701
201903 11.191 107.251 13.750
201906 11.666 108.070 14.225
201909 11.692 108.329 14.223
201912 11.775 108.420 14.312
202003 11.401 108.902 13.796
202006 10.704 108.767 12.968
202009 10.972 109.815 13.166
202012 11.290 109.897 13.538
202103 11.546 111.754 13.615
202106 12.019 114.631 13.817
202109 12.532 115.734 14.269
202112 14.218 117.630 15.928
202203 14.578 121.301 15.837
202206 15.834 125.017 16.690
202209 17.729 125.227 18.656
202212 14.970 125.222 15.754
202303 15.438 127.348 15.975
202306 15.343 128.729 15.706
202309 15.560 129.860 15.790
202312 15.586 129.419 15.870
202403 15.346 131.776 15.346

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


Linde  (STU:LIN) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=397.60/54.76
=7.26

* 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 Linde was 8.13. The lowest was 2.69. And the median was 4.06.


Be Aware

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


Linde Cyclically Adjusted Revenue per Share Related Terms

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


Linde (STU:LIN) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde PLC (STU:LIN) » Definitions » Cyclically Adjusted Revenue per Share
Address
10 Riverview Drive, Danbury, CT, USA, 06810
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.