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Heroux-Devtek (Heroux-Devtek) Cyclically Adjusted Revenue per Share : $12.04 (As of Dec. 2023)


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What is Heroux-Devtek 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.

Heroux-Devtek's adjusted revenue per share for the three months ended in Dec. 2023 was $3.600. 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 $12.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Heroux-Devtek's average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 Heroux-Devtek was 7.20% per year. The lowest was -2.90% per year. And the median was 1.50% per year.

As of today (2024-04-28), Heroux-Devtek's current stock price is $14.39. Heroux-Devtek's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.04. Heroux-Devtek's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Heroux-Devtek was 1.82. The lowest was 0.74. And the median was 1.17.


Heroux-Devtek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Heroux-Devtek'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.

Heroux-Devtek Cyclically Adjusted Revenue per Share Chart

Heroux-Devtek Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 7.54 9.70 10.67 10.61

Heroux-Devtek 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 10.47 10.61 9.79 11.49 12.04

Competitive Comparison of Heroux-Devtek's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Heroux-Devtek'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.


Heroux-Devtek's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

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



Heroux-Devtek 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, Heroux-Devtek'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)
=3.6/125.4675*125.4675
=3.600

Current CPI (Dec. 2023) = 125.4675.

Heroux-Devtek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.601 98.604 3.310
201406 2.497 99.473 3.150
201409 2.120 99.394 2.676
201412 2.126 98.367 2.712
201503 2.332 99.789 2.932
201506 2.203 100.500 2.750
201509 1.974 100.421 2.466
201512 1.947 99.947 2.444
201603 2.455 101.054 3.048
201606 2.043 102.002 2.513
201609 1.925 101.765 2.373
201612 2.033 101.449 2.514
201703 2.491 102.634 3.045
201706 1.799 103.029 2.191
201709 2.011 103.345 2.441
201712 2.088 103.345 2.535
201803 2.409 105.004 2.878
201806 1.793 105.557 2.131
201809 2.011 105.636 2.389
201812 2.954 105.399 3.516
201903 3.236 106.979 3.795
201906 2.947 107.690 3.433
201909 2.991 107.611 3.487
201912 3.254 107.769 3.788
202003 3.286 107.927 3.820
202006 2.604 108.401 3.014
202009 2.848 108.164 3.304
202012 3.214 108.559 3.715
202103 3.349 110.298 3.810
202106 2.792 111.720 3.136
202109 2.833 112.905 3.148
202112 2.867 113.774 3.162
202203 3.339 117.646 3.561
202206 2.573 120.806 2.672
202209 2.879 120.648 2.994
202212 3.010 120.964 3.122
202303 3.323 122.702 3.398
202306 3.097 124.203 3.129
202309 3.063 125.230 3.069
202312 3.600 125.468 3.600

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


Heroux-Devtek  (OTCPK:HERXF) 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.

Heroux-Devtek's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.39/12.04
=1.20

* 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 Heroux-Devtek was 1.82. The lowest was 0.74. And the median was 1.17.


Be Aware

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


Heroux-Devtek Cyclically Adjusted Revenue per Share Related Terms

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


Heroux-Devtek (Heroux-Devtek) Business Description

Industry
Traded in Other Exchanges
Address
1111 Saint-Charles Ouest, Suite 600, Tour Ouest, Complexe Saint-Charles, Longueuil, QC, CAN, J4K 5G4
Heroux-Devtek Inc designs develops, manufactures, and repairs landing gear and actuation systems and components for the aerospace market. It also produces electronic enclosures, heat exchanges, and cabinets for airborne radars, electro-optic systems, and aircraft controls through megatron operations and fluid filter products through its Bolton operations. The company's products are helicopters, jets, military fighter and transport aircraft, electronic enclosures, heat exchangers, and cabinets.

Heroux-Devtek (Heroux-Devtek) Headlines

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