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Textron (BSP:T1XT34) Cyclically Adjusted Revenue per Share : R$245.86 (As of Mar. 2024)


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What is Textron 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.

Textron's adjusted revenue per share for the three months ended in Mar. 2024 was R$80.117. 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$245.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Textron's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Textron was 7.30% per year. The lowest was -1.10% per year. And the median was 3.40% per year.

As of today (2024-04-29), Textron's current stock price is R$362.97. Textron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$245.86. Textron's Cyclically Adjusted PS Ratio of today is 1.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Textron was 1.49. The lowest was 0.44. And the median was 0.98.


Textron Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Textron'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.

Textron Cyclically Adjusted Revenue per Share Chart

Textron 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 - 265.15 325.04 296.21 291.93

Textron 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 315.15 334.76 299.84 291.93 245.86

Competitive Comparison of Textron's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Textron'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.


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

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

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



Textron 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, Textron'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)
=80.117/129.4194*129.4194
=80.117

Current CPI (Mar. 2024) = 129.4194.

Textron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.716 100.560 35.670
201409 28.534 100.428 36.771
201412 38.663 99.070 50.507
201503 34.467 99.621 44.777
201506 36.093 100.684 46.394
201509 44.642 100.392 57.550
201512 55.020 99.792 71.355
201603 43.357 100.470 55.850
201606 44.301 101.688 56.382
201609 38.869 101.861 49.385
201612 46.940 101.863 59.639
201703 35.456 102.862 44.610
201706 44.102 103.349 55.227
201709 40.877 104.136 50.802
201712 49.797 104.011 61.962
201803 40.989 105.290 50.383
201806 54.635 106.317 66.507
201809 52.723 106.507 64.065
201812 60.026 105.998 73.289
201903 50.503 107.251 60.942
201906 53.276 108.070 63.801
201909 58.094 108.329 69.404
201912 72.080 108.420 86.041
202003 59.272 108.902 70.439
202006 56.192 108.767 66.861
202009 64.415 109.815 75.915
202012 82.237 109.897 96.846
202103 71.067 111.754 82.301
202106 70.240 114.631 79.301
202109 69.691 115.734 77.932
202112 84.356 117.630 92.811
202203 68.004 121.301 72.555
202206 73.482 125.017 76.070
202209 75.724 125.227 78.259
202212 90.610 125.222 93.647
202303 76.087 127.348 77.325
202306 82.066 128.729 82.506
202309 82.554 129.860 82.274
202312 96.515 129.419 96.515
202403 80.117 129.419 80.117

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


Textron  (BSP:T1XT34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=362.97/245.86
=1.48

* 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 Textron was 1.49. The lowest was 0.44. And the median was 0.98.


Be Aware

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


Textron Cyclically Adjusted Revenue per Share Related Terms

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


Textron (BSP:T1XT34) Business Description

Industry
Traded in Other Exchanges
Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.

Textron (BSP:T1XT34) Headlines

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