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Textron (FRA:TXT) Cyclically Adjusted Revenue per Share : €61.57 (As of Mar. 2024)


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What is Textron 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.

Textron's adjusted revenue per share for the three months ended in Mar. 2024 was €14.801. 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 €61.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Textron's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Textron was 7.30% per year. The lowest was -1.10% per year. And the median was 3.40% per year.

As of today (2024-06-08), Textron's current stock price is €78.66. Textron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €61.57. Textron's Cyclically Adjusted PS Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Textron was 1.48. The lowest was 0.44. And the median was 0.99.


Textron Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Textron'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.

Textron Cyclically Adjusted Revenue per Share Chart

Textron 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 45.14 41.79 50.32 57.54 58.47

Textron 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 56.91 58.19 61.30 58.47 61.57

Competitive Comparison of Textron's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Textron'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.


Textron's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Textron 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, Textron'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)
=14.801/131.7762*131.7762
=14.801

Current CPI (Mar. 2024) = 131.7762.

Textron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.123 100.560 11.955
201409 9.471 100.428 12.427
201412 11.869 99.070 15.787
201503 10.138 99.621 13.410
201506 10.335 100.684 13.527
201509 10.191 100.392 13.377
201512 13.015 99.792 17.186
201603 10.528 100.470 13.808
201606 11.517 101.688 14.925
201609 10.646 101.861 13.773
201612 13.267 101.863 17.163
201703 10.600 102.862 13.580
201706 11.911 103.349 15.187
201709 10.948 104.136 13.854
201712 12.770 104.011 16.179
201803 10.138 105.290 12.688
201806 12.402 106.317 15.372
201809 10.997 106.507 13.606
201812 13.587 105.998 16.891
201903 11.637 107.251 14.298
201906 12.228 108.070 14.910
201909 12.805 108.329 15.577
201912 15.805 108.420 19.210
202003 10.978 108.902 13.284
202006 9.617 108.767 11.651
202009 10.127 109.815 12.152
202012 13.140 109.897 15.756
202103 10.594 111.754 12.492
202106 11.594 114.631 13.328
202109 11.221 115.734 12.776
202112 13.202 117.630 14.790
202203 12.408 121.301 13.480
202206 13.771 125.017 14.516
202209 14.586 125.227 15.349
202212 16.307 125.222 17.161
202303 13.644 127.348 14.118
202306 15.606 128.729 15.975
202309 15.663 129.860 15.894
202312 18.063 129.419 18.392
202403 14.801 131.776 14.801

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


Textron  (FRA:TXT) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=78.66/61.57
=1.28

* 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 Textron was 1.48. The lowest was 0.44. And the median was 0.99.


Be Aware

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


Textron Cyclically Adjusted Revenue per Share Related Terms

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


Textron (FRA:TXT) Business Description

Industry
Traded in Other Exchanges
Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.

Textron (FRA:TXT) Headlines