GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (NYSE:PBI) » Definitions » Cyclically Adjusted Revenue per Share

Pitney Bowes (Pitney Bowes) Cyclically Adjusted Revenue per Share : $21.74 (As of Dec. 2023)


View and export this data going back to 1950. Start your Free Trial

What is Pitney Bowes 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.

Pitney Bowes's adjusted revenue per share for the three months ended in Dec. 2023 was $4.944. 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 $21.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pitney Bowes's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% 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 Pitney Bowes was 8.30% per year. The lowest was -5.00% per year. And the median was 4.10% per year.

As of today (2024-04-27), Pitney Bowes's current stock price is $4.13. Pitney Bowes's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.74. Pitney Bowes's Cyclically Adjusted PS Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pitney Bowes was 1.06. The lowest was 0.09. And the median was 0.40.


Pitney Bowes Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pitney Bowes'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.

Pitney Bowes Cyclically Adjusted Revenue per Share Chart

Pitney Bowes 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 20.63 19.95 20.96 21.60 21.74

Pitney Bowes 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 21.60 21.86 21.93 21.97 21.74

Competitive Comparison of Pitney Bowes's Cyclically Adjusted Revenue per Share

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.


Pitney Bowes's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pitney Bowes 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, Pitney Bowes'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)
=4.944/129.4194*129.4194
=4.944

Current CPI (Dec. 2023) = 129.4194.

Pitney Bowes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.598 99.695 5.969
201406 4.687 100.560 6.032
201409 4.617 100.428 5.950
201412 4.824 99.070 6.302
201503 4.395 99.621 5.710
201506 4.343 100.684 5.583
201509 4.326 100.392 5.577
201512 4.729 99.792 6.133
201603 4.372 100.470 5.632
201606 4.438 101.688 5.648
201609 4.494 101.861 5.710
201612 2.468 101.863 3.136
201703 4.477 102.862 5.633
201706 3.898 103.349 4.881
201709 3.905 104.136 4.853
201712 3.068 104.011 3.817
201803 4.765 105.290 5.857
201806 4.600 106.317 5.600
201809 4.035 106.507 4.903
201812 4.538 105.998 5.541
201903 4.275 107.251 5.159
201906 4.423 108.070 5.297
201909 4.615 108.329 5.513
201912 4.819 108.420 5.752
202003 4.659 108.902 5.537
202006 4.884 108.767 5.811
202009 5.105 109.815 6.016
202012 5.982 109.897 7.045
202103 5.295 111.754 6.132
202106 5.024 114.631 5.672
202109 4.880 115.734 5.457
202112 5.478 117.630 6.027
202203 5.207 121.301 5.555
202206 4.925 125.017 5.098
202209 4.695 125.227 4.852
202212 5.141 125.222 5.313
202303 4.779 127.348 4.857
202306 4.419 128.729 4.443
202309 4.451 129.860 4.436
202312 4.944 129.419 4.944

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


Pitney Bowes  (NYSE:PBI) 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.

Pitney Bowes's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.13/21.74
=0.19

* 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 Pitney Bowes was 1.06. The lowest was 0.09. And the median was 0.40.


Be Aware

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


Pitney Bowes Cyclically Adjusted Revenue per Share Related Terms

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


Pitney Bowes (Pitney Bowes) Business Description

Industry
Traded in Other Exchanges
Address
3001 Summer Street, Stamford, CT, USA, 06926
Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.
Executives
Christopher Johnson officer: SVP & President, GFS 3001 SUMMER ST, STAMFORD CT 06926
Andrew Robert Gold officer: SVP, Chief HR Officer 3001 SUMMER ST, STAMFORD CT 06926
Joseph Schmitt officer: SVP, Chief Information Officer 3001 SUMMER ST, STAMFORD CT 06926
Deborah Pfeiffer officer: President, Presort Services 3001 SUMMER ST, STAMFORD CT 06926
Shemin Nurmohamed officer: President, SendTech Solutions 3001 SUMMER ST, STAMFORD CT 06926
Todd A. Everett director 2700 VIA FORTUNA, SUITE 300, AUSTIN TX 78746
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kurt James Wolf director 175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Katie May director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Steven Brill director 3001 SUMMER ST, STAMFORD CT 06926
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Mary Guilfoile director 227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
James Arthur Fairweather officer: EVP & Chief Innovation Officer 3001 SUMMER ST, STAMFORD CT 06926
Daniel J Goldstein officer: EVP/Chief Legal & Compliance 1 ELMCROFT ROAD, STAMFORD CT 06926