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Motorola Solutions (Motorola Solutions) Cyclically Adjusted Revenue per Share : $48.28 (As of Dec. 2023)


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What is Motorola Solutions 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.

Motorola Solutions's adjusted revenue per share for the three months ended in Dec. 2023 was $16.583. 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 $48.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Motorola Solutions's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -5.30% 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 Motorola Solutions was 14.60% per year. The lowest was -15.90% per year. And the median was 0.55% per year.

As of today (2024-04-27), Motorola Solutions's current stock price is $346.48. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $48.28. Motorola Solutions's Cyclically Adjusted PS Ratio of today is 7.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Motorola Solutions was 7.35. The lowest was 0.70. And the median was 3.35.


Motorola Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted Revenue per Share Chart

Motorola Solutions 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 32.84 34.84 39.12 44.28 48.28

Motorola Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.28 45.38 46.55 47.70 48.28

Competitive Comparison of Motorola Solutions's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Motorola Solutions 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, Motorola Solutions's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.583/129.4194*129.4194
=16.583

Current CPI (Dec. 2023) = 129.4194.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.754 99.695 6.171
201406 5.437 100.560 6.997
201409 5.786 100.428 7.456
201412 7.957 99.070 10.395
201503 5.615 99.621 7.295
201506 6.530 100.684 8.394
201509 7.064 100.392 9.107
201512 9.365 99.792 12.145
201603 6.740 100.470 8.682
201606 8.181 101.688 10.412
201609 9.033 101.861 11.477
201612 11.050 101.863 14.039
201703 7.540 102.862 9.487
201706 8.858 103.349 11.092
201709 9.734 104.136 12.097
201712 12.080 104.011 15.031
201803 8.605 105.290 10.577
201806 10.250 106.317 12.477
201809 10.788 106.507 13.109
201812 13.014 105.998 15.890
201903 9.490 107.251 11.452
201906 10.562 108.070 12.649
201909 11.304 108.329 13.505
201912 13.554 108.420 16.179
202003 9.409 108.902 11.182
202006 9.320 108.767 11.090
202009 10.767 109.815 12.689
202012 13.101 109.897 15.428
202103 10.237 111.754 11.855
202106 11.386 114.631 12.855
202109 12.102 115.734 13.533
202112 13.318 117.630 14.653
202203 10.930 121.301 11.662
202206 12.522 125.017 12.963
202209 13.837 125.227 14.300
202212 15.748 125.222 16.276
202303 12.578 127.348 12.783
202306 13.922 128.729 13.997
202309 14.886 129.860 14.836
202312 16.583 129.419 16.583

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


Motorola Solutions  (NYSE:MSI) 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.

Motorola Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=346.48/48.28
=7.18

* 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 Motorola Solutions was 7.35. The lowest was 0.70. And the median was 3.35.


Be Aware

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


Motorola Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Motorola Solutions (Motorola Solutions) Business Description

Industry
Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Executives
John P Molloy officer: EVP and COO 500 WEST MONROE ST., CHICAGO IL 60661
Cynthia Yazdi officer: SVP, Communications & Brand 500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler officer: EVP and CFO 500 WEST MONROE STREET, CHICAGO IL 60661
Rajan Naik officer: SVP, Strategy & Ventures 500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara officer: SVP, GENERAL COUNSEL MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher officer: CVP and CAO 500 WEST MONROE ST., CHICAGO IL 60661
Gregory Q Brown director, officer: Chairman and CEO 500 WEST MONROE ST., CHICAGO IL 60661
Kenneth D Denman director
Karen E Dunning officer: SVP, Human Resources MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker officer: EVP, GC & Chief Admin Officer 500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent director PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi officer: EVP and CTO 500 WEST MONROE ST., CHICAGO IL 60661

Motorola Solutions (Motorola Solutions) Headlines