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Itron (ITRI) Cyclically Adjusted Revenue per Share : $61.00 (As of Dec. 2023)


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What is Itron 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.

Itron's adjusted revenue per share for the three months ended in Dec. 2023 was $12.536. 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 $61.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Itron's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Itron was 16.60% per year. The lowest was 1.00% per year. And the median was 6.70% per year.

As of today (2024-04-27), Itron's current stock price is $95.75. Itron's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $61.00. Itron's Cyclically Adjusted PS Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Itron was 2.00. The lowest was 0.55. And the median was 1.00.


Itron Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Itron'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.

Itron Cyclically Adjusted Revenue per Share Chart

Itron 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 58.87 58.50 59.83 60.66 61.00

Itron 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 60.66 61.32 61.58 61.68 61.00

Competitive Comparison of Itron's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Itron'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.


Itron's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Itron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Itron 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, Itron'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)
=12.536/129.4194*129.4194
=12.536

Current CPI (Dec. 2023) = 129.4194.

Itron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.101 99.695 15.709
201406 12.375 100.560 15.927
201409 12.571 100.428 16.200
201412 12.509 99.070 16.341
201503 11.527 99.621 14.975
201506 12.250 100.684 15.746
201509 12.241 100.392 15.780
201512 12.979 99.792 16.832
201603 12.966 100.470 16.702
201606 13.320 101.688 16.952
201609 13.252 101.861 16.837
201612 12.702 101.863 16.138
201703 12.179 102.862 15.323
201706 12.791 103.349 16.018
201709 12.333 104.136 15.327
201712 13.933 104.011 17.337
201803 15.592 105.290 19.165
201806 14.725 106.317 17.925
201809 14.933 106.507 18.146
201812 14.883 105.998 18.172
201903 15.497 107.251 18.700
201906 16.002 108.070 19.163
201909 15.650 108.329 18.697
201912 15.605 108.420 18.627
202003 14.785 108.902 17.571
202006 12.671 108.767 15.077
202009 13.392 109.815 15.783
202012 12.994 109.897 15.302
202103 12.381 111.754 14.338
202106 10.842 114.631 12.241
202109 10.764 115.734 12.037
202112 10.731 117.630 11.807
202203 10.507 121.301 11.210
202206 9.583 125.017 9.920
202209 9.284 125.227 9.595
202212 10.348 125.222 10.695
202303 10.923 127.348 11.101
202306 11.819 128.729 11.882
202309 12.204 129.860 12.163
202312 12.536 129.419 12.536

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


Itron  (NAS:ITRI) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=95.75/61
=1.57

* 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 Itron was 2.00. The lowest was 0.55. And the median was 1.00.


Be Aware

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


Itron Cyclically Adjusted Revenue per Share Related Terms

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


Itron (ITRI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Itron Inc (NAS:ITRI) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems.The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision making, maximize operational profitability.
Executives
John F. Marcolini officer: SVP, Networked Solutions C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Reeves Donald L. Iii officer: SVP Outcomes 555 BROADWAY STREET, REDWOOD CITY CA 94063
Sanjay Mirchandani director 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Christopher E. Ware officer: VP, General Counsel & Corp Sec 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Laurie Ann Pulatie-hahn officer: SVP, HR 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Michel Cadieux officer: SVP, HR 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas Deitrich officer: EVP, COO C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DR WEST, TX30/OE19, AUSTIN TX 78735
Joan S Hooper officer: SVP & CFO ONE DELL WAY, ROUND ROCK TX 78682
Justin K Patrick officer: SVP, Device Solutions 1157 CANARY LANE, GRAFTON WI 53024
Mary C. Hemmingsen director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sarah E. Hlavinka officer: SVP. Gen. Counsel & Corp. Sec 2111 N MOLTER RD, LIBERTY LAKE WA 99019
Lynda L. Ziegler director, officer: Chair of the Board C/O ITRON, INC., 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thomas S Glanville director 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Santiago Perez director 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Sharelynn Faye Moore officer: SVP, Networks 424 W. HIGH DRIVE, SPOKANE WA 99203