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Linde (LIN) Cyclically Adjusted Revenue per Share : $58.99 (As of Mar. 2024)


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What is Linde 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.

Linde's adjusted revenue per share for the three months ended in Mar. 2024 was $16.681. 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 $58.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Linde's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 Linde was 8.90% per year. The lowest was 3.40% per year. And the median was 7.10% per year.

As of today (2024-06-10), Linde's current stock price is $432.00. Linde's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $58.99. Linde's Cyclically Adjusted PS Ratio of today is 7.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Linde was 8.13. The lowest was 2.69. And the median was 4.11.


Linde Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Linde'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.

Linde Cyclically Adjusted Revenue per Share Chart

Linde 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 42.78 44.64 49.28 54.34 57.62

Linde 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 55.67 56.61 57.44 57.62 58.99

Competitive Comparison of Linde's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Linde'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.


Linde's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Linde 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, Linde'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)
=16.681/131.7762*131.7762
=16.681

Current CPI (Mar. 2024) = 131.7762.

Linde Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.518 100.560 13.783
201409 10.649 100.428 13.973
201412 10.180 99.070 13.541
201503 9.453 99.621 12.504
201506 9.438 100.684 12.353
201509 9.349 100.392 12.272
201512 9.051 99.792 11.952
201603 8.752 100.470 11.479
201606 9.262 101.688 12.002
201609 9.424 101.861 12.192
201612 9.185 101.863 11.882
201703 9.493 102.862 12.161
201706 9.822 103.349 12.524
201709 10.103 104.136 12.785
201712 9.880 104.011 12.517
201803 10.258 105.290 12.839
201806 10.464 106.317 12.970
201809 10.319 106.507 12.767
201812 12.538 105.998 15.587
201903 12.645 107.251 15.537
201906 13.182 108.070 16.074
201909 12.877 108.329 15.664
201912 13.083 108.420 15.901
202003 12.597 108.902 15.243
202006 12.054 108.767 14.604
202009 12.924 109.815 15.509
202012 13.735 109.897 16.470
202103 13.746 111.754 16.209
202106 14.481 114.631 16.647
202109 14.744 115.734 16.788
202112 16.065 117.630 17.997
202203 16.056 121.301 17.443
202206 16.738 125.017 17.643
202209 17.554 125.227 18.472
202212 15.858 125.222 16.688
202303 16.529 127.348 17.104
202306 16.622 128.729 17.016
202309 16.606 129.860 16.851
202312 16.996 129.419 17.306
202403 16.681 131.776 16.681

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


Linde  (NAS:LIN) 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.

Linde's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=432.00/58.99
=7.32

* 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 Linde was 8.13. The lowest was 2.69. And the median was 4.11.


Be Aware

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


Linde Cyclically Adjusted Revenue per Share Related Terms

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


Linde (LIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde PLC (NAS:LIN) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
10 Riverview Drive, Danbury, CT, USA, 06810
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.
Executives
Sean Durbin officer: Executive VP, EMEA C/O LINDE PLC, THE PRIESTLEY CENTRE 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 XY7
Guillermo Bichara officer: Senior VP& Chief Legal Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Oliver Pfann officer: Senior Vice President, EMEA FORGE, 43 CHURCH STREET WEST, WOKING SURREY X0 GU216HT
Stephen F Angel director, officer: Chief Executive Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Kelcey E Hoyt officer: Principal Accounting Officer 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
David P Strauss officer: Senior VP & Chief HR Officer 10 RIVERVIEW DRIVE, DANBURY CT 06810
Andreas Opfermann officer: Executive VP, Americas C/O LINDE, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY
Sanjiv Lamba officer: Chief Operating Officer THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Mr. Franz Fehrenbach Director
Franz Fehrenbach director THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, THE SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
John Panikar officer: Executive VP, APAC 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Alberto Weisser director
Josef Kaeser director HIGH TECH CAMPUS 60, EINDHOVEN P7 5656AG
Juergen Nowicki officer: Executive VP, Engineering C/O LINDE PLC, THE PRIESTLEY CENTRE, 10 PRIESTLEY ROAD, GUILDFORD, SURREY X0 GU2 7XY