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Illinois Tool Works (XTER:ILT) Cyclically Adjusted Revenue per Share : €47.54 (As of Mar. 2024)


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What is Illinois Tool Works 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.

Illinois Tool Works's adjusted revenue per share for the three months ended in Mar. 2024 was €12.184. 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 €47.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Illinois Tool Works's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Illinois Tool Works was 14.20% per year. The lowest was 3.40% per year. And the median was 7.10% per year.

As of today (2024-05-26), Illinois Tool Works's current stock price is €221.00. Illinois Tool Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €47.54. Illinois Tool Works's Cyclically Adjusted PS Ratio of today is 4.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Illinois Tool Works was 5.84. The lowest was 2.41. And the median was 3.98.


Illinois Tool Works Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Illinois Tool Works'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.

Illinois Tool Works Cyclically Adjusted Revenue per Share Chart

Illinois Tool Works 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 8.79 7.90 38.71 44.65 45.65

Illinois Tool Works 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 44.60 45.38 47.67 45.65 47.54

Competitive Comparison of Illinois Tool Works's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Illinois Tool Works'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.


Illinois Tool Works's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Illinois Tool Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Illinois Tool Works 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, Illinois Tool Works'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)
=12.184/131.7762*131.7762
=12.184

Current CPI (Mar. 2024) = 131.7762.

Illinois Tool Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.715 100.560 8.800
201409 7.220 100.428 9.474
201412 7.300 99.070 9.710
201503 8.143 99.621 10.771
201506 8.305 100.684 10.870
201509 8.141 100.392 10.686
201512 8.223 99.792 10.858
201603 8.079 100.470 10.596
201606 8.518 101.688 11.038
201609 8.760 101.861 11.333
201612 9.193 101.863 11.893
201703 9.299 102.862 11.913
201706 9.218 103.349 11.753
201709 8.766 104.136 11.093
201712 8.896 104.011 11.271
201803 8.858 105.290 11.086
201806 9.676 106.317 11.993
201809 9.235 106.507 11.426
201812 9.496 105.998 11.805
201903 9.537 107.251 11.718
201906 9.779 108.070 11.924
201909 9.750 108.329 11.860
201912 9.678 108.420 11.763
202003 9.138 108.902 11.057
202006 7.173 108.767 8.690
202009 8.832 109.815 10.598
202012 8.974 109.897 10.761
202103 9.364 111.754 11.042
202106 9.628 114.631 11.068
202109 9.568 115.734 10.894
202112 10.340 117.630 11.584
202203 11.401 121.301 12.386
202206 12.181 125.017 12.840
202209 13.081 125.227 13.765
202212 12.171 125.222 12.808
202303 12.263 127.348 12.689
202306 12.361 128.729 12.654
202309 12.466 129.860 12.650
202312 12.138 129.419 12.359
202403 12.184 131.776 12.184

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


Illinois Tool Works  (XTER:ILT) 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.

Illinois Tool Works's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=221.00/47.54
=4.65

* 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 Illinois Tool Works was 5.84. The lowest was 2.41. And the median was 3.98.


Be Aware

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


Illinois Tool Works Cyclically Adjusted Revenue per Share Related Terms

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


Illinois Tool Works (XTER:ILT) Business Description

Industry
Traded in Other Exchanges
Address
155 Harlem Avenue, Glenview, IL, USA, 60025
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.

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