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Avery Dennison (BSP:A1VY34) Cyclically Adjusted Revenue per Share : R$233.70 (As of Mar. 2024)


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What is Avery Dennison 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.

Avery Dennison's adjusted revenue per share for the three months ended in Mar. 2024 was R$66.130. 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$233.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avery Dennison's average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Avery Dennison was 9.50% per year. The lowest was 1.00% per year. And the median was 5.90% per year.

As of today (2024-05-24), Avery Dennison's current stock price is R$522.88. Avery Dennison's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$233.70. Avery Dennison's Cyclically Adjusted PS Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Avery Dennison was 2.91. The lowest was 0.65. And the median was 1.57.


Avery Dennison Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Avery Dennison'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.

Avery Dennison Cyclically Adjusted Revenue per Share Chart

Avery Dennison 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 - 192.39 222.43 218.50 216.68

Avery Dennison 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 245.96 235.01 239.41 216.68 233.70

Competitive Comparison of Avery Dennison's Cyclically Adjusted Revenue per Share

For the Packaging & Containers subindustry, Avery Dennison'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.


Avery Dennison's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Avery Dennison 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, Avery Dennison'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)
=66.13/131.7762*131.7762
=66.130

Current CPI (Mar. 2024) = 131.7762.

Avery Dennison Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.681 100.560 24.480
201409 19.150 100.428 25.128
201412 22.794 99.070 30.319
201503 25.974 99.621 34.358
201506 25.362 100.684 33.194
201509 30.742 100.392 40.353
201512 30.386 99.792 40.125
201603 30.150 100.470 39.545
201606 29.091 101.688 37.699
201609 27.087 101.861 35.042
201612 28.865 101.863 37.342
201703 27.315 102.862 34.993
201706 29.818 103.349 38.020
201709 29.260 104.136 37.026
201712 31.730 104.011 40.200
201803 32.505 105.290 40.682
201806 39.282 106.317 48.689
201809 40.848 106.507 50.539
201812 39.429 105.998 49.018
201903 39.639 107.251 48.704
201906 40.680 108.070 49.604
201909 42.784 108.329 52.044
201912 42.957 108.420 52.211
202003 50.053 108.902 60.567
202006 47.318 108.767 57.328
202009 55.578 109.815 66.693
202012 60.679 109.897 72.760
202103 68.887 111.754 81.229
202106 63.066 114.631 72.498
202109 65.335 115.734 74.391
202112 73.927 117.630 82.818
202203 70.428 121.301 76.510
202206 72.150 125.017 76.051
202209 74.175 125.227 78.055
202212 65.114 125.222 68.522
202303 65.986 127.348 68.281
202306 62.634 128.729 64.117
202309 63.968 129.860 64.912
202312 63.992 129.419 65.157
202403 66.130 131.776 66.130

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


Avery Dennison  (BSP:A1VY34) 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.

Avery Dennison's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=522.88/233.7
=2.24

* 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 Avery Dennison was 2.91. The lowest was 0.65. And the median was 1.57.


Be Aware

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


Avery Dennison Cyclically Adjusted Revenue per Share Related Terms

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


Avery Dennison (BSP:A1VY34) Business Description

Traded in Other Exchanges
Address
8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

Avery Dennison (BSP:A1VY34) Headlines

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