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Altria Group (BUE:MO) Cyclically Adjusted Revenue per Share : ARS3,378.37 (As of Mar. 2024)


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What is Altria Group 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.

Altria Group's adjusted revenue per share for the three months ended in Mar. 2024 was ARS9,042.258. 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 ARS3,378.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Altria Group'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 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Altria Group was 9.10% per year. The lowest was -18.80% per year. And the median was 3.10% per year.

As of today (2024-04-29), Altria Group's current stock price is ARS11770.00. Altria Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS3,378.37. Altria Group's Cyclically Adjusted PS Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Altria Group was 8.75. The lowest was 2.07. And the median was 4.46.


Altria Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Altria Group'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.

Altria Group Cyclically Adjusted Revenue per Share Chart

Altria Group 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 190.65 373.05 566.05 1,027.06 3,036.89

Altria Group 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 1,244.32 1,588.78 2,567.63 3,036.89 3,378.37

Competitive Comparison of Altria Group's Cyclically Adjusted Revenue per Share

For the Tobacco subindustry, Altria Group'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.


Altria Group's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Altria Group 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, Altria Group'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)
=9042.258/129.4194*129.4194
=9,042.258

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 75.029 100.560 96.562
201409 81.003 100.428 104.387
201412 80.134 99.070 104.683
201503 76.659 99.621 99.589
201506 90.309 100.684 116.083
201509 95.617 100.392 123.264
201512 125.041 99.792 162.164
201603 135.289 100.470 174.270
201606 139.683 101.688 177.776
201609 158.735 101.861 201.681
201612 154.224 101.863 195.946
201703 145.949 102.862 183.630
201706 173.363 103.349 217.095
201709 187.515 104.136 233.043
201712 189.204 104.011 235.424
201803 198.201 105.290 243.624
201806 257.392 106.317 313.323
201809 413.681 106.507 502.676
201812 384.154 105.998 469.037
201903 366.203 107.251 441.898
201906 496.295 108.070 594.342
201909 648.119 108.329 774.297
201912 616.281 108.420 735.645
202003 674.277 108.902 801.316
202006 745.658 108.767 887.239
202009 907.014 109.815 1,068.937
202012 885.155 109.897 1,042.398
202103 946.883 111.754 1,096.557
202106 1,150.491 114.631 1,298.910
202109 1,174.422 115.734 1,313.293
202112 1,120.862 117.630 1,233.205
202203 1,138.451 121.301 1,214.645
202206 1,429.858 125.017 1,480.212
202209 1,672.034 125.227 1,728.018
202212 1,902.154 125.222 1,965.917
202303 2,107.348 127.348 2,141.629
202306 2,929.562 128.729 2,945.281
202309 4,166.241 129.860 4,152.121
202312 4,103.312 129.419 4,103.312
202403 9,042.258 129.419 9,042.258

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


Altria Group  (BUE:MO) 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.

Altria Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11770.00/3378.37
=3.48

* 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 Altria Group was 8.75. The lowest was 2.07. And the median was 4.46.


Be Aware

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


Altria Group Cyclically Adjusted Revenue per Share Related Terms

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


Altria Group (BUE:MO) Business Description

Industry
Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Altria Group (BUE:MO) Headlines

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