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Astec Industries (Astec Industries) Cyclically Adjusted Revenue per Share : $59.56 (As of Mar. 2024)


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What is Astec Industries 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.

Astec Industries's adjusted revenue per share for the three months ended in Mar. 2024 was $13.541. 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 $59.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Astec Industries's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% 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 Astec Industries was 10.60% per year. The lowest was 2.90% per year. And the median was 5.00% per year.

As of today (2024-05-21), Astec Industries's current stock price is $33.56. Astec Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $59.56. Astec Industries's Cyclically Adjusted PS Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Astec Industries was 1.69. The lowest was 0.53. And the median was 0.97.


Astec Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Astec Industries'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.

Astec Industries Cyclically Adjusted Revenue per Share Chart

Astec Industries 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 47.54 48.84 52.28 56.04 58.51

Astec Industries 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 57.13 57.88 58.50 58.51 59.56

Competitive Comparison of Astec Industries's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Astec Industries'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.


Astec Industries's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Astec Industries 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, Astec Industries'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)
=13.541/131.7762*131.7762
=13.541

Current CPI (Mar. 2024) = 131.7762.

Astec Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.003 100.560 15.729
201409 9.527 100.428 12.501
201412 10.363 99.070 13.784
201503 12.492 99.621 16.524
201506 11.594 100.684 15.174
201509 9.141 100.392 11.999
201512 9.298 99.792 12.278
201603 12.048 100.470 15.802
201606 12.725 101.688 16.490
201609 10.704 101.861 13.848
201612 14.104 101.863 18.246
201703 13.738 102.862 17.600
201706 13.023 103.349 16.605
201709 10.945 104.136 13.850
201712 13.467 104.011 17.062
201803 14.006 105.290 17.529
201806 11.818 106.317 14.648
201809 11.116 106.507 13.753
201812 14.040 105.998 17.454
201903 14.386 107.251 17.676
201906 13.447 108.070 16.397
201909 11.277 108.329 13.718
201912 12.477 108.420 15.165
202003 12.715 108.902 15.386
202006 11.682 108.767 14.153
202009 10.085 109.815 12.102
202012 10.388 109.897 12.456
202103 12.433 111.754 14.660
202106 12.113 114.631 13.925
202109 11.648 115.734 13.263
202112 11.578 117.630 12.970
202203 12.714 121.301 13.812
202206 13.925 125.017 14.678
202209 13.755 125.227 14.474
202212 15.420 125.222 16.227
202303 15.297 127.348 15.829
202306 15.372 128.729 15.736
202309 13.325 129.860 13.522
202312 14.791 129.419 15.060
202403 13.541 131.776 13.541

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


Astec Industries  (NAS:ASTE) 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.

Astec Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.56/59.56
=0.56

* 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 Astec Industries was 1.69. The lowest was 0.53. And the median was 0.97.


Be Aware

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


Astec Industries Cyclically Adjusted Revenue per Share Related Terms

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


Astec Industries (Astec Industries) Business Description

Traded in Other Exchanges
Address
1725 Shepherd Road, Chattanooga, TN, USA, 37421
Astec Industries Inc designs and manufactures equipment and components used primarily in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
Executives
Winford James Murphy Jr director 213 NORMANDIE DRIVE, OPELOUSAS LA 70570
Barend Snyman officer: Group President 3906 LOBLOLLY LANE, VALDOSTA GA 31601
Nalin Jain director 30 ISABELLA ST., PITTSBURGH PA 15212
Westinghouse Air Brake Technologies Corp director 30 ISABELLA STREET, PITTSBURGH PA 15212
Mark Joseph Gliebe director 200 STATE STREET, BELOIT WI 53511
Linda I. Knoll director 5800 KNOB HILL CR, CLARKSON TN 48348
Litchfield Matthew T Sr officer: Chief Information Officer 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Timothy A Averkamp officer: Group President 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Merwe Jaco Van Der officer: Group President 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Anshu Pasricha officer: GC and Corp Secretary 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Mary L Howell director 1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Tracey H Cook director 1725 SHEPHERD RD, CHATTANOOGA TN 37421
William Bradley Southern director 1610 WEST END AVENUE, NASHVILLE TN 37203
James B Baker director 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
William Glenwood Dorey director PO BOX 50085, WATSONVILLE CA 95077-5085