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IDEX (BSP:I1EX34) Cyclically Adjusted Revenue per Share : R$9.45 (As of Mar. 2024)


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What is IDEX 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.

IDEX's adjusted revenue per share for the three months ended in Mar. 2024 was R$2.626. 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 R$9.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IDEX'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 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.00% 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 IDEX was 9.00% per year. The lowest was 5.10% per year. And the median was 7.30% per year.

As of today (2024-05-22), IDEX's current stock price is R$56.22. IDEX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$9.45. IDEX's Cyclically Adjusted PS Ratio of today is 5.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of IDEX was 7.46. The lowest was 2.82. And the median was 5.38.


IDEX Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for IDEX'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.

IDEX Cyclically Adjusted Revenue per Share Chart

IDEX 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 - 7.46 9.22 9.76 8.47

IDEX 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 9.45 10.33 9.52 8.47 9.45

Competitive Comparison of IDEX's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



IDEX 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, IDEX'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)
=2.626/131.7762*131.7762
=2.626

Current CPI (Mar. 2024) = 131.7762.

IDEX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.753 100.560 0.987
201409 0.774 100.428 1.016
201412 0.869 99.070 1.156
201503 1.000 99.621 1.323
201506 1.023 100.684 1.339
201509 1.266 100.392 1.662
201512 1.258 99.792 1.661
201603 1.212 100.470 1.590
201606 1.227 101.688 1.590
201609 1.122 101.861 1.452
201612 1.158 101.863 1.498
201703 1.126 102.862 1.443
201706 1.222 103.349 1.558
201709 1.161 104.136 1.469
201712 1.244 104.011 1.576
201803 1.291 105.290 1.616
201806 1.539 106.317 1.908
201809 1.647 106.507 2.038
201812 1.547 105.998 1.923
201903 1.566 107.251 1.924
201906 1.621 108.070 1.977
201909 1.679 108.329 2.042
201912 1.620 108.420 1.969
202003 1.900 108.902 2.299
202006 1.917 108.767 2.323
202009 2.066 109.815 2.479
202012 2.047 109.897 2.455
202103 2.408 111.754 2.839
202106 2.258 114.631 2.596
202109 2.457 115.734 2.798
202112 2.645 117.630 2.963
202203 2.446 121.301 2.657
202206 2.640 125.017 2.783
202209 2.850 125.227 2.999
202212 2.809 125.222 2.956
202303 2.901 127.348 3.002
202306 2.706 128.729 2.770
202309 2.581 129.860 2.619
202312 2.546 129.419 2.592
202403 2.626 131.776 2.626

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


IDEX  (BSP:I1EX34) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=56.22/9.45
=5.95

* 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 IDEX was 7.46. The lowest was 2.82. And the median was 5.38.


Be Aware

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


IDEX Cyclically Adjusted Revenue per Share Related Terms

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


IDEX (BSP:I1EX34) Business Description

Industry
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.

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