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CNH Industrial NV (CNH Industrial NV) Cyclically Adjusted Revenue per Share : $22.32 (As of Dec. 2023)


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What is CNH Industrial NV 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.

CNH Industrial NV's adjusted revenue per share for the three months ended in Dec. 2023 was $5.088. 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 $22.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CNH Industrial NV's 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.

As of today (2024-04-27), CNH Industrial NV's current stock price is $11.41. CNH Industrial NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $22.32. CNH Industrial NV's Cyclically Adjusted PS Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CNH Industrial NV was 0.76. The lowest was 0.44. And the median was 0.58.


CNH Industrial NV Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV Cyclically Adjusted Revenue per Share Chart

CNH Industrial NV 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 - - - 23.08 22.32

CNH Industrial NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.08 22.94 23.03 22.72 22.32

Competitive Comparison of CNH Industrial NV's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


CNH Industrial NV's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CNH Industrial NV 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, CNH Industrial NV's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.088/130.0000*130.0000
=5.088

Current CPI (Dec. 2023) = 130.0000.

CNH Industrial NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.548 99.300 7.263
201406 6.547 99.800 8.528
201409 5.690 100.000 7.397
201412 6.151 99.900 8.004
201503 4.376 99.600 5.712
201506 5.105 100.100 6.630
201509 4.295 100.200 5.572
201512 5.238 100.400 6.782
201603 3.941 100.400 5.103
201606 4.951 101.000 6.373
201609 4.215 101.500 5.399
201612 5.302 102.200 6.744
201703 4.235 102.700 5.361
201706 5.123 103.500 6.435
201709 4.879 104.300 6.081
201712 6.059 105.000 7.502
201803 4.951 105.100 6.124
201806 5.911 105.900 7.256
201809 4.923 106.600 6.004
201812 6.040 107.100 7.331
201903 4.762 107.000 5.786
201906 5.580 107.900 6.723
201909 4.704 108.400 5.641
201912 5.696 108.500 6.825
202003 4.045 108.600 4.842
202006 4.126 108.800 4.930
202009 4.805 109.200 5.720
202012 -2.037 109.400 -2.421
202103 3.014 109.700 3.572
202106 3.802 111.400 4.437
202109 3.487 112.400 4.033
202112 4.018 114.700 4.554
202203 3.410 116.500 3.805
202206 4.472 120.500 4.825
202209 4.340 122.300 4.613
202212 5.064 125.300 5.254
202303 3.931 126.800 4.030
202306 4.846 129.400 4.868
202309 4.431 130.100 4.428
202312 5.088 130.000 5.088

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


CNH Industrial NV  (NYSE:CNHI) 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.

CNH Industrial NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.41/22.32
=0.51

* 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 CNH Industrial NV was 0.76. The lowest was 0.44. And the median was 0.58.


Be Aware

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


CNH Industrial NV Cyclically Adjusted Revenue per Share Related Terms

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


CNH Industrial NV (CNH Industrial NV) Business Description

Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.