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Lear (FRA:LE6N) Cyclically Adjusted Revenue per Share : €333.23 (As of Mar. 2024)


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What is Lear 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.

Lear's adjusted revenue per share for the three months ended in Mar. 2024 was €95.797. 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 €333.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lear's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% 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 Lear was 13.40% per year. The lowest was -0.60% per year. And the median was 8.00% per year.

As of today (2024-05-18), Lear's current stock price is €119.00. Lear's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €333.23. Lear's Cyclically Adjusted PS Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lear was 1.08. The lowest was 0.30. And the median was 0.63.


Lear Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lear'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.

Lear Cyclically Adjusted Revenue per Share Chart

Lear 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 212.46 205.48 253.17 306.12 315.18

Lear 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 302.13 312.04 329.73 315.18 333.23

Competitive Comparison of Lear's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Lear'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.


Lear's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lear 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, Lear'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)
=95.797/131.7762*131.7762
=95.797

Current CPI (Mar. 2024) = 131.7762.

Lear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 41.184 100.560 53.969
201409 40.350 100.428 52.945
201412 45.647 99.070 60.717
201503 52.830 99.621 69.882
201506 52.896 100.684 69.231
201509 49.838 100.392 65.419
201512 56.669 99.792 74.832
201603 55.480 100.470 72.767
201606 56.930 101.688 73.775
201609 55.974 101.861 72.413
201612 61.938 101.863 80.127
201703 66.455 102.862 85.135
201706 65.655 103.349 83.714
201709 60.718 104.136 76.834
201712 66.165 104.011 83.827
201803 68.826 105.290 86.140
201806 71.613 106.317 88.762
201809 63.643 106.507 78.743
201812 67.337 105.998 83.713
201903 72.346 107.251 88.890
201906 71.074 108.070 86.665
201909 71.435 108.329 86.896
201912 71.190 108.420 86.526
202003 66.485 108.902 80.450
202006 36.117 108.767 43.757
202009 68.956 109.815 82.746
202012 70.727 109.897 84.808
202103 74.267 111.754 87.573
202106 65.191 114.631 74.941
202109 60.560 115.734 68.954
202112 71.628 117.630 80.242
202203 78.544 121.301 85.327
202206 79.825 125.017 84.141
202209 88.543 125.227 93.174
202212 85.086 125.222 89.540
202303 91.669 127.348 94.857
202306 93.273 128.729 95.481
202309 91.692 129.860 93.045
202312 91.617 129.419 93.285
202403 95.797 131.776 95.797

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


Lear  (FRA:LE6N) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=119.00/333.23
=0.36

* 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 Lear was 1.08. The lowest was 0.30. And the median was 0.63.


Be Aware

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


Lear Cyclically Adjusted Revenue per Share Related Terms

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


Lear (FRA:LE6N) Business Description

Industry
Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.

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