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Watts Water Technologies (Watts Water Technologies) Cyclically Adjusted Revenue per Share : $56.13 (As of Dec. 2023)


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What is Watts Water Technologies 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.

Watts Water Technologies's adjusted revenue per share for the three months ended in Dec. 2023 was $16.343. 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 $56.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Watts Water Technologies's average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% 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 Watts Water Technologies was 11.90% per year. The lowest was 1.80% per year. And the median was 5.00% per year.

As of today (2024-04-28), Watts Water Technologies's current stock price is $201.50. Watts Water Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $56.13. Watts Water Technologies's Cyclically Adjusted PS Ratio of today is 3.59.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Watts Water Technologies was 4.26. The lowest was 1.11. And the median was 1.83.


Watts Water Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Watts Water Technologies'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.

Watts Water Technologies Cyclically Adjusted Revenue per Share Chart

Watts Water Technologies 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 44.57 45.58 49.60 53.61 56.13

Watts Water Technologies 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 53.61 54.62 55.45 56.07 56.13

Competitive Comparison of Watts Water Technologies's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Watts Water Technologies'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.


Watts Water Technologies's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Watts Water Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Watts Water Technologies's Cyclically Adjusted PS Ratio falls into.



Watts Water Technologies 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, Watts Water Technologies'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)
=16.343/129.4194*129.4194
=16.343

Current CPI (Dec. 2023) = 129.4194.

Watts Water Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.287 99.695 13.354
201406 11.186 100.560 14.396
201409 10.621 100.428 13.687
201412 10.636 99.070 13.894
201503 10.119 99.621 13.146
201506 11.023 100.684 14.169
201509 10.466 100.392 13.492
201512 10.355 99.792 13.429
201603 9.977 100.470 12.852
201606 10.757 101.688 13.691
201609 9.887 101.861 12.562
201612 9.913 101.863 12.595
201703 10.064 102.862 12.662
201706 10.971 103.349 13.738
201709 10.602 104.136 13.176
201712 10.648 104.011 13.249
201803 11.003 105.290 13.525
201806 11.858 106.317 14.435
201809 11.363 106.507 13.808
201812 11.300 105.998 13.797
201903 11.365 107.251 13.714
201906 12.187 108.070 14.595
201909 11.541 108.329 13.788
201912 11.705 108.420 13.972
202003 11.220 108.902 13.334
202006 9.962 108.767 11.854
202009 11.324 109.815 13.346
202012 11.865 109.897 13.973
202103 12.192 111.754 14.119
202106 13.776 114.631 15.553
202109 13.422 115.734 15.009
202112 13.979 117.630 15.380
202203 13.704 121.301 14.621
202206 15.673 125.017 16.225
202209 14.561 125.227 15.049
202212 14.982 125.222 15.484
202303 14.081 127.348 14.310
202306 15.857 128.729 15.942
202309 15.054 129.860 15.003
202312 16.343 129.419 16.343

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


Watts Water Technologies  (NYSE:WTS) 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.

Watts Water Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=201.50/56.13
=3.59

* 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 Watts Water Technologies was 4.26. The lowest was 1.11. And the median was 1.83.


Be Aware

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


Watts Water Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Watts Water Technologies (Watts Water Technologies) Business Description

Traded in Other Exchanges
Address
815 Chestnut Street, North Andover, MA, USA, 01845
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
Executives
Kenneth Robert Lepage officer: General Counsel WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Shashank Patel officer: Chief Financial Officer 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Elie Melhem officer: President, Asia WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Joseph T Noonan director WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Timothy P Horne director, 10 percent owner WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Pagano Robert J Jr officer: President and CEO WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Andre Dhawan officer: Chief Operating Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Monica Barry officer: Chief HR Officer WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Munish Nanda officer: President, Americas 1133 WESTCHESTER AVENUE, C/O ITT CORPORATION, WHITE PLAINS NY 10604
Michael J. Dubose director WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Todd A Trapp officer: Chief Financial Officer C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
David A. Dunbar director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Jes Munk Hansen director 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Jennifer Congdon officer: Chief HR Officer WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845