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Honeywell International (NEOE:HON) Cyclically Adjusted Revenue per Share : C$7.32 (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 C$18.770. 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 C$7.32 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 C$23.74. Honeywell International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$7.32. Honeywell International's Cyclically Adjusted PS Ratio of today is 3.24.

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 - - - - 7.25

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 - - 7.33 7.25 7.32

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)
=18.77/131.7762*131.7762
=18.770

Current CPI (Mar. 2024) = 131.7762.

Honeywell International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.960 100.560 18.294
201409 14.000 100.428 18.370
201412 14.910 99.070 19.832
201503 14.641 99.621 19.367
201506 15.244 100.684 19.952
201509 16.149 100.392 21.198
201512 17.529 99.792 23.147
201603 16.154 100.470 21.187
201606 16.625 101.688 21.544
201609 16.595 101.861 21.469
201612 17.246 101.863 22.311
201703 16.419 102.862 21.034
201706 17.311 103.349 22.073
201709 16.110 104.136 20.386
201712 18.002 104.011 22.808
201803 17.661 105.290 22.104
201806 18.982 106.317 23.528
201809 18.653 106.507 23.079
201812 17.570 105.998 21.843
201903 16.079 107.251 19.756
201906 16.757 108.070 20.433
201909 16.555 108.329 20.138
201912 17.301 108.420 21.028
202003 16.477 108.902 19.938
202006 14.310 108.767 17.337
202009 14.537 109.815 17.444
202012 16.056 109.897 19.253
202103 15.083 111.754 17.785
202106 15.322 114.631 17.614
202109 15.361 115.734 17.490
202112 15.930 117.630 17.846
202203 15.339 121.301 16.664
202206 16.735 125.017 17.640
202209 17.569 125.227 18.488
202212 18.447 125.222 19.413
202303 18.022 127.348 18.649
202306 18.131 128.729 18.560
202309 18.688 129.860 18.964
202312 19.143 129.419 19.492
202403 18.770 131.776 18.770

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


Honeywell International  (NEOE: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
=23.74/7.32
=3.24

* 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 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 (NEOE: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.