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Procter & Gamble Co (BSP:PGCO34) Cyclically Adjusted Revenue per Share : R$11.67 (As of Mar. 2024)


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What is Procter & Gamble Co 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.

Procter & Gamble Co's adjusted revenue per share for the three months ended in Mar. 2024 was R$2.906. 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$11.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Procter & Gamble Co's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% 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 Procter & Gamble Co was 8.30% per year. The lowest was 0.10% per year. And the median was 4.60% per year.

As of today (2024-05-23), Procter & Gamble Co's current stock price is R$61.89. Procter & Gamble Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$11.67. Procter & Gamble Co's Cyclically Adjusted PS Ratio of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Procter & Gamble Co was 5.53. The lowest was 2.52. And the median was 3.39.


Procter & Gamble Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co Cyclically Adjusted Revenue per Share Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.62 10.79 10.34 11.67 10.96

Procter & Gamble Co 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 11.33 10.96 11.55 10.95 11.67

Competitive Comparison of Procter & Gamble Co's Cyclically Adjusted Revenue per Share

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Cyclically Adjusted PS Ratio falls into.



Procter & Gamble Co 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, Procter & Gamble Co'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)
=2.906/131.7762*131.7762
=2.906

Current CPI (Mar. 2024) = 131.7762.

Procter & Gamble Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.745 100.560 0.976
201409 1.085 100.428 1.424
201412 1.210 99.070 1.609
201503 1.318 99.621 1.743
201506 1.278 100.684 1.673
201509 1.607 100.392 2.109
201512 1.637 99.792 2.162
201603 1.468 100.470 1.925
201606 1.401 101.688 1.816
201609 1.360 101.861 1.759
201612 1.475 101.863 1.908
201703 1.289 102.862 1.651
201706 1.404 103.349 1.790
201709 1.385 104.136 1.753
201712 1.534 104.011 1.943
201803 1.441 105.290 1.803
201806 1.696 106.317 2.102
201809 1.875 106.507 2.320
201812 1.844 105.998 2.292
201903 1.712 107.251 2.103
201906 1.876 108.070 2.288
201909 1.978 108.329 2.406
201912 2.033 108.420 2.471
202003 2.299 108.902 2.782
202006 2.511 108.767 3.042
202009 2.838 109.815 3.406
202012 2.774 109.897 3.326
202103 2.814 111.754 3.318
202106 2.645 114.631 3.041
202109 2.997 115.734 3.412
202112 3.327 117.630 3.727
202203 2.723 121.301 2.958
202206 2.789 125.017 2.940
202209 3.084 125.227 3.245
202212 3.137 125.222 3.301
202303 3.019 127.348 3.124
202306 2.876 128.729 2.944
202309 3.117 129.860 3.163
202312 3.040 129.419 3.095
202403 2.906 131.776 2.906

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


Procter & Gamble Co  (BSP:PGCO34) 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.

Procter & Gamble Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=61.89/11.67
=5.30

* 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 Procter & Gamble Co was 5.53. The lowest was 2.52. And the median was 3.39.


Be Aware

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


Procter & Gamble Co Cyclically Adjusted Revenue per Share Related Terms

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Procter & Gamble Co (BSP:PGCO34) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (BSP:PGCO34) Headlines

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