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PPG Industries (BSP:P1PG34) Cyclically Adjusted Revenue per Share : R$178.96 (As of Mar. 2024)


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What is PPG 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.

PPG Industries's adjusted revenue per share for the three months ended in Mar. 2024 was R$45.310. 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$178.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PPG Industries's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% 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 PPG Industries was 8.60% per year. The lowest was 4.20% per year. And the median was 5.50% per year.

As of today (2024-05-24), PPG Industries's current stock price is R$347.90. PPG Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$178.96. PPG Industries's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of PPG Industries was 3.12. The lowest was 1.44. And the median was 2.16.


PPG Industries Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for PPG 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.

PPG Industries Cyclically Adjusted Revenue per Share Chart

PPG 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 - 144.74 176.19 161.12 170.66

PPG 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 173.86 168.83 184.35 170.66 178.96

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

For the Specialty Chemicals subindustry, PPG 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.


PPG Industries's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PPG Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PPG 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, PPG 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)
=45.31/131.7762*131.7762
=45.310

Current CPI (Mar. 2024) = 131.7762.

PPG Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.287 100.560 21.343
201409 16.463 100.428 21.602
201412 14.921 99.070 19.847
201503 20.870 99.621 27.606
201506 23.222 100.684 30.393
201509 26.619 100.392 34.941
201512 21.658 99.792 28.599
201603 23.447 100.470 30.753
201606 23.970 101.688 31.062
201609 22.325 101.861 28.882
201612 21.741 101.863 28.126
201703 21.028 102.862 26.939
201706 24.263 103.349 30.937
201709 22.905 104.136 28.985
201712 23.702 104.011 30.029
201803 24.658 105.290 30.861
201806 31.611 106.317 39.181
201809 32.190 106.507 39.827
201812 29.526 105.998 36.707
201903 29.241 107.251 35.928
201906 32.554 108.070 39.695
201909 33.042 108.329 40.194
201912 31.637 108.420 38.452
202003 34.709 108.902 42.000
202006 32.919 108.767 39.883
202009 41.822 109.815 50.186
202012 40.521 109.897 48.588
202103 45.753 111.754 53.950
202106 45.703 114.631 52.539
202109 48.123 115.734 54.793
202112 49.548 117.630 55.507
202203 45.001 121.301 48.887
202206 49.829 125.017 52.523
202209 49.511 125.227 52.101
202212 46.371 125.222 48.798
202303 48.150 127.348 49.824
202306 49.826 128.729 51.006
202309 48.285 129.860 48.998
202312 44.929 129.419 45.747
202403 45.310 131.776 45.310

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


PPG Industries  (BSP:P1PG34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=347.90/178.96
=1.94

* 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 PPG Industries was 3.12. The lowest was 1.44. And the median was 2.16.


Be Aware

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


PPG Industries Cyclically Adjusted Revenue per Share Related Terms

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


PPG Industries (BSP:P1PG34) Business Description

Industry
Traded in Other Exchanges
Address
One PPG Place, Pittsburgh, PA, USA, 15272
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.

PPG Industries (BSP:P1PG34) Headlines

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