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Honeywell International (BUE:HON) Cyclically Adjusted Revenue per Share : ARS8,335.36 (As of Mar. 2024)


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What is Honeywell International 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.

Honeywell International's adjusted revenue per share for the three months ended in Mar. 2024 was ARS46,731.420. 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 ARS8,335.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Honeywell International's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.80% 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 Honeywell International was 6.70% per year. The lowest was 0.80% per year. And the median was 3.20% per year.

As of today (2024-05-26), Honeywell International's current stock price is ARS30721.50. Honeywell International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS8,335.36. Honeywell International's Cyclically Adjusted PS Ratio of today is 3.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Honeywell International was 4.26. The lowest was 1.68. And the median was 2.81.


Honeywell International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Honeywell International'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.

Honeywell International Cyclically Adjusted Revenue per Share Chart

Honeywell International 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 1,036.68 945.85 1,437.58 2,513.84 7,376.63

Honeywell International 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 3,061.96 3,896.69 6,293.52 7,376.63 8,335.36

Competitive Comparison of Honeywell International's Cyclically Adjusted Revenue per Share

For the Conglomerates subindustry, Honeywell International'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.


Honeywell International's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Honeywell International 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, Honeywell International'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)
=46731.42/131.7762*131.7762
=46,731.420

Current CPI (Mar. 2024) = 131.7762.

Honeywell International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 418.937 100.560 548.988
201409 428.172 100.428 561.825
201412 442.240 99.070 588.239
201503 409.350 99.621 541.478
201506 448.079 100.684 586.451
201509 457.837 100.392 600.967
201512 661.785 99.792 873.889
201603 713.490 100.470 935.808
201606 720.978 101.688 934.305
201609 755.392 101.861 977.240
201612 819.822 101.863 1,060.575
201703 756.367 102.862 968.978
201706 858.739 103.349 1,094.943
201709 919.654 104.136 1,163.757
201712 1,076.828 104.011 1,364.280
201803 1,100.596 105.290 1,377.463
201806 1,442.754 106.317 1,788.246
201809 2,106.547 106.507 2,606.341
201812 1,972.215 105.998 2,451.850
201903 1,880.214 107.251 2,310.175
201906 2,253.577 108.070 2,747.934
201909 2,796.993 108.329 3,402.374
201912 3,141.174 108.420 3,817.853
202003 2,930.502 108.902 3,546.052
202006 2,891.543 108.767 3,503.227
202009 3,262.961 109.815 3,915.503
202012 4,080.462 109.897 4,892.843
202103 4,323.840 111.754 5,098.495
202106 4,750.929 114.631 5,461.500
202109 4,741.679 115.734 5,398.922
202112 5,027.432 117.630 5,632.056
202203 5,203.809 121.301 5,653.195
202206 6,290.888 125.017 6,631.023
202209 7,320.432 125.227 7,703.311
202212 9,105.885 125.222 9,582.508
202303 10,407.627 127.348 10,769.542
202306 13,100.806 128.729 13,410.952
202309 19,332.771 129.860 19,618.119
202312 20,603.628 129.419 20,978.832
202403 46,731.420 131.776 46,731.420

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


Honeywell International  (BUE:HON) 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.

Honeywell International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=30721.50/8335.36
=3.69

* 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 Honeywell International was 4.26. The lowest was 1.68. And the median was 2.81.


Be Aware

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


Honeywell International Cyclically Adjusted Revenue per Share Related Terms

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


Honeywell International (BUE:HON) Business Description

Industry
Address
855 South Mint Street, Charlotte, NC, USA, 28202
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett Technologies and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.