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GE Aerospace (LSE:GEC) Cyclically Adjusted Revenue per Share : $56.87 (As of Mar. 2024)


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What is GE Aerospace 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.

GE Aerospace's adjusted revenue per share for the three months ended in Mar. 2024 was $14.554. 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 $56.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GE Aerospace's average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% 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 GE Aerospace was 9.50% per year. The lowest was -3.90% per year. And the median was 2.00% per year.

As of today (2024-04-27), GE Aerospace's current stock price is $105.00. GE Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $56.87. GE Aerospace's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GE Aerospace was 1.72. The lowest was 0.26. And the median was 0.82.


GE Aerospace Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for GE Aerospace'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.

GE Aerospace Cyclically Adjusted Revenue per Share Chart

GE Aerospace 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 110.52 106.03 117.21 129.17 79.85

GE Aerospace 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 108.08 93.14 91.44 79.85 56.87

Competitive Comparison of GE Aerospace's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, GE Aerospace'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.


GE Aerospace's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

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



GE Aerospace 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, GE Aerospace'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)
=14.554/129.4194*129.4194
=14.554

Current CPI (Mar. 2024) = 129.4194.

GE Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.260 100.560 32.509
201409 25.180 100.428 32.449
201412 17.852 99.070 23.321
201503 20.739 99.621 26.942
201506 22.403 100.684 28.797
201509 21.908 100.392 28.243
201512 26.715 99.792 34.646
201603 23.733 100.470 30.571
201606 26.423 101.688 33.629
201609 25.766 101.861 32.737
201612 28.933 101.863 36.760
201703 24.406 102.862 30.707
201706 26.573 103.349 33.276
201709 28.093 104.136 34.914
201712 11.648 104.011 14.493
201803 25.564 105.290 31.423
201806 26.819 106.317 32.647
201809 21.537 106.507 26.170
201812 24.418 105.998 29.813
201903 20.355 107.251 24.562
201906 21.470 108.070 25.712
201909 21.407 108.329 25.575
201912 19.425 108.420 23.187
202003 17.821 108.902 21.179
202006 15.365 108.767 18.282
202009 16.921 109.815 19.942
202012 19.136 109.897 22.535
202103 15.533 111.754 17.988
202106 16.609 114.631 18.752
202109 16.805 115.734 18.792
202112 2.339 117.630 2.573
202203 11.522 121.301 12.293
202206 12.855 125.017 13.308
202209 13.216 125.227 13.659
202212 15.394 125.222 15.910
202303 13.204 127.348 13.419
202306 15.208 128.729 15.290
202309 15.783 129.860 15.730
202312 17.625 129.419 17.625
202403 14.554 129.419 14.554

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


GE Aerospace  (LSE:GEC) 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.

GE Aerospace's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=105.00/56.87
=1.85

* 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 GE Aerospace was 1.72. The lowest was 0.26. And the median was 0.82.


Be Aware

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


GE Aerospace Cyclically Adjusted Revenue per Share Related Terms

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


GE Aerospace (LSE:GEC) Business Description

Industry
Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

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