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Heico (BSP:H1EI34) Cyclically Adjusted Revenue per Share : R$9.50 (As of Jan. 2024)


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What is Heico 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.

Heico's adjusted revenue per share for the three months ended in Jan. 2024 was R$3.151. 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 R$9.50 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Heico's average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Heico was 20.20% per year. The lowest was 9.20% per year. And the median was 12.20% per year.

As of today (2024-04-29), Heico's current stock price is R$98.90. Heico's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$9.50. Heico's Cyclically Adjusted PS Ratio of today is 10.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Heico was 11.99. The lowest was 3.24. And the median was 7.45.


Heico Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Heico'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.

Heico Cyclically Adjusted Revenue per Share Chart

Heico Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.88 7.47 8.50 9.52

Heico Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.26 8.49 8.35 9.52 9.50

Competitive Comparison of Heico's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Heico'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.


Heico's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Heico 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, Heico's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=3.151/129.4194*129.4194
=3.151

Current CPI (Jan. 2024) = 129.4194.

Heico Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.478 100.023 0.618
201407 0.491 100.520 0.632
201410 0.543 100.176 0.702
201501 0.535 98.604 0.702
201504 0.669 99.824 0.867
201507 0.731 100.691 0.940
201510 0.975 100.346 1.257
201601 0.936 99.957 1.212
201604 0.940 100.947 1.205
201607 0.875 101.524 1.115
201610 0.866 101.988 1.099
201701 0.812 102.456 1.026
201704 0.855 103.167 1.073
201707 0.923 103.278 1.157
201710 0.987 104.070 1.227
201801 0.952 104.578 1.178
201804 1.075 105.708 1.316
201807 1.302 106.324 1.585
201810 1.308 106.695 1.587
201901 1.271 106.200 1.549
201904 1.465 107.818 1.759
201907 1.461 108.250 1.747
201910 1.607 108.577 1.915
202001 1.529 108.841 1.818
202004 1.815 108.173 2.171
202007 1.485 109.318 1.758
202010 1.744 109.861 2.054
202101 1.628 110.364 1.909
202104 1.886 112.673 2.166
202107 1.765 115.183 1.983
202110 2.047 116.696 2.270
202201 1.965 118.619 2.144
202204 1.858 121.978 1.971
202207 2.218 125.002 2.296
202210 2.312 125.734 2.380
202301 2.326 126.223 2.385
202304 2.492 127.992 2.520
202307 2.503 128.974 2.512
202310 3.387 129.810 3.377
202401 3.151 129.419 3.151

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


Heico  (BSP:H1EI34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=98.90/9.5
=10.41

* 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 Heico was 11.99. The lowest was 3.24. And the median was 7.45.


Be Aware

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


Heico Cyclically Adjusted Revenue per Share Related Terms

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


Heico (BSP:H1EI34) Business Description

Industry
Address
3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.

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