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International Flavors & Fragrances (BSP:I1FF34) Cyclically Adjusted Revenue per Share : R$129.29 (As of Mar. 2024)


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What is International Flavors & Fragrances 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.

International Flavors & Fragrances's adjusted revenue per share for the three months ended in Mar. 2024 was R$28.196. 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$129.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Flavors & Fragrances's average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 International Flavors & Fragrances was 7.60% per year. The lowest was 4.10% per year. And the median was 6.30% per year.

As of today (2024-06-05), International Flavors & Fragrances's current stock price is R$217.77. International Flavors & Fragrances's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$129.29. International Flavors & Fragrances's Cyclically Adjusted PS Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of International Flavors & Fragrances was 4.14. The lowest was 1.22. And the median was 3.16.


International Flavors & Fragrances Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Cyclically Adjusted Revenue per Share Chart

International Flavors & Fragrances 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 - 111.92 118.94 130.13 125.86

International Flavors & Fragrances 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 128.63 121.40 130.24 125.86 129.29

Competitive Comparison of International Flavors & Fragrances's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted PS Ratio falls into.



International Flavors & Fragrances 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, International Flavors & Fragrances'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)
=28.196/131.7762*131.7762
=28.196

Current CPI (Mar. 2024) = 131.7762.

International Flavors & Fragrances Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.825 100.560 14.185
201409 11.098 100.428 14.562
201412 12.283 99.070 16.338
201503 14.990 99.621 19.828
201506 14.708 100.684 19.250
201509 18.494 100.392 24.276
201512 17.270 99.792 22.805
201603 18.092 100.470 23.729
201606 16.969 101.688 21.990
201609 15.811 101.861 20.454
201612 16.041 101.863 20.752
201703 16.311 102.862 20.896
201706 17.512 103.349 22.329
201709 17.228 104.136 21.801
201712 17.728 104.011 22.460
201803 19.224 105.290 24.060
201806 21.874 106.317 27.112
201809 22.835 106.507 28.253
201812 21.108 105.998 26.241
201903 21.973 107.251 26.998
201906 22.060 108.070 26.899
201909 23.001 108.329 27.979
201912 23.396 108.420 28.436
202003 29.123 108.902 35.240
202006 27.285 108.767 33.057
202009 30.032 109.815 36.038
202012 28.657 109.897 34.362
202103 33.715 111.754 39.755
202106 30.457 114.631 35.012
202109 31.788 115.734 36.194
202112 33.608 117.630 37.650
202203 31.478 121.301 34.196
202206 32.731 125.017 34.501
202209 31.492 125.227 33.139
202212 29.251 125.222 30.782
202303 30.915 127.348 31.990
202306 27.875 128.729 28.535
202309 27.201 129.860 27.602
202312 25.969 129.419 26.442
202403 28.196 131.776 28.196

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


International Flavors & Fragrances  (BSP:I1FF34) 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.

International Flavors & Fragrances's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=217.77/129.29
=1.68

* 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 International Flavors & Fragrances was 4.14. The lowest was 1.22. And the median was 3.16.


Be Aware

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


International Flavors & Fragrances Cyclically Adjusted Revenue per Share Related Terms

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


International Flavors & Fragrances (BSP:I1FF34) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

International Flavors & Fragrances (BSP:I1FF34) Headlines

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