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A.O. Smith (BSP:A1OS34) Cyclically Adjusted Revenue per Share : R$87.53 (As of Mar. 2024)


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What is A.O. Smith 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.

A.O. Smith's adjusted revenue per share for the three months ended in Mar. 2024 was R$32.868. 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 R$87.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A.O. Smith's average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% 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 A.O. Smith was 13.40% per year. The lowest was -5.10% per year. And the median was 3.30% per year.

As of today (2024-06-06), A.O. Smith's current stock price is R$351.00. A.O. Smith's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$87.53. A.O. Smith's Cyclically Adjusted PS Ratio of today is 4.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of A.O. Smith was 4.88. The lowest was 1.44. And the median was 3.35.


A.O. Smith Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for A.O. Smith'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.

A.O. Smith Cyclically Adjusted Revenue per Share Chart

A.O. Smith 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 - 73.40 100.26 102.42 92.18

A.O. Smith 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 104.25 97.37 116.37 92.18 87.53

Competitive Comparison of A.O. Smith's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, A.O. Smith'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.


A.O. Smith's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



A.O. Smith 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, A.O. Smith'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)
=32.868/131.7762*131.7762
=32.868

Current CPI (Mar. 2024) = 131.7762.

A.O. Smith Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.302 100.560 9.569
201409 7.503 100.428 9.845
201412 9.176 99.070 12.205
201503 10.774 99.621 14.252
201506 11.319 100.684 14.814
201509 13.651 100.392 17.919
201512 13.993 99.792 18.478
201603 13.246 100.470 17.373
201606 12.901 101.688 16.718
201609 12.602 101.861 16.303
201612 13.307 101.863 17.215
201703 13.193 102.862 16.901
201706 13.910 103.349 17.736
201709 13.473 104.136 17.049
201712 14.574 104.011 18.464
201803 14.905 105.290 18.655
201806 18.192 106.317 22.548
201809 18.005 106.507 22.277
201812 18.493 105.998 22.990
201903 16.994 107.251 20.880
201906 17.557 108.070 21.408
201909 18.121 108.329 22.043
201912 18.775 108.420 22.820
202003 19.104 108.902 23.117
202006 21.240 108.767 25.733
202009 25.258 109.815 30.309
202012 26.361 109.897 31.609
202103 26.620 111.754 31.389
202106 26.733 114.631 30.731
202109 30.058 115.734 34.224
202112 35.149 117.630 39.376
202203 30.732 121.301 33.386
202206 31.128 125.017 32.811
202209 29.560 125.227 31.106
202212 32.066 125.222 33.744
202303 33.137 127.348 34.289
202306 30.773 128.729 31.502
202309 30.620 129.860 31.072
202312 32.402 129.419 32.992
202403 32.868 131.776 32.868

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


A.O. Smith  (BSP:A1OS34) 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.

A.O. Smith's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=351.00/87.53
=4.01

* 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 A.O. Smith was 4.88. The lowest was 1.44. And the median was 3.35.


Be Aware

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


A.O. Smith Cyclically Adjusted Revenue per Share Related Terms

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


A.O. Smith (BSP:A1OS34) Business Description

Industry
Traded in Other Exchanges
Address
11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508
A.O. Smith Corporation manufactures and markets comprehensive lines of residential and commercial gas, gas tankless, and electric water heaters. Supplementary products include water heating equipment, condensing and noncondensing boilers, and water system tanks. The company's two operating segments are by geographic region: North America (majority of total revenue) and the Rest of the World. A material portion of sales in North America derive from replacing existing products, and the company utilizes a wholesale distribution channel and multiple selling locations. The Rest of the World segment sells majorly in Asian countries and operates sales offices to expand distribution and market its product portfolio.

A.O. Smith (BSP:A1OS34) Headlines

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