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BorgWarner (FRA:BGW) Cyclically Adjusted Revenue per Share : €51.27 (As of Dec. 2023)


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What is BorgWarner 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.

BorgWarner's adjusted revenue per share for the three months ended in Dec. 2023 was €13.814. 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 €51.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BorgWarner's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% 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 BorgWarner was 10.70% per year. The lowest was 4.70% per year. And the median was 8.70% per year.

As of today (2024-04-27), BorgWarner's current stock price is €30.59. BorgWarner's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €51.27. BorgWarner's Cyclically Adjusted PS Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BorgWarner was 2.30. The lowest was 0.45. And the median was 1.01.


BorgWarner Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted Revenue per Share Chart

BorgWarner 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 35.75 34.24 41.55 48.91 51.27

BorgWarner 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 48.91 48.37 50.00 53.56 51.27

Competitive Comparison of BorgWarner's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, BorgWarner'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.


BorgWarner's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BorgWarner's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BorgWarner 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, BorgWarner'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)
=13.814/129.4194*129.4194
=13.814

Current CPI (Dec. 2023) = 129.4194.

BorgWarner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.571 99.695 8.530
201406 7.041 100.560 9.062
201409 6.896 100.428 8.887
201412 7.084 99.070 9.254
201503 8.074 99.621 10.489
201506 7.989 100.684 10.269
201509 7.428 100.392 9.576
201512 8.744 99.792 11.340
201603 9.339 100.470 12.030
201606 9.568 101.688 12.177
201609 9.229 101.861 11.726
201612 10.066 101.863 12.789
201703 10.604 102.862 13.342
201706 10.057 103.349 12.594
201709 9.607 104.136 11.940
201712 10.343 104.011 12.870
201803 10.711 105.290 13.166
201806 10.986 106.317 13.373
201809 10.176 106.507 12.365
201812 10.846 105.998 13.243
201903 10.965 107.251 13.231
201906 10.917 108.070 13.074
201909 10.968 108.329 13.103
201912 11.137 108.420 13.294
202003 10.002 108.902 11.886
202006 6.147 108.767 7.314
202009 10.378 109.815 12.231
202012 13.680 109.897 16.110
202103 14.126 111.754 16.359
202106 13.018 114.631 14.697
202109 12.108 115.734 13.540
202112 2.285 117.630 2.514
202203 14.718 121.301 15.703
202206 14.941 125.017 15.467
202209 13.830 125.227 14.293
202212 13.341 125.222 13.788
202303 16.656 127.348 16.927
202306 17.798 128.729 17.893
202309 14.423 129.860 14.374
202312 13.814 129.419 13.814

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


BorgWarner  (FRA:BGW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=30.59/51.27
=0.60

* 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 BorgWarner was 2.30. The lowest was 0.45. And the median was 1.01.


Be Aware

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


BorgWarner Cyclically Adjusted Revenue per Share Related Terms

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


BorgWarner (FRA:BGW) Business Description

Industry
Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

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