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Astronics (STU:AC1) Cyclically Adjusted Revenue per Share : €21.20 (As of Mar. 2024)


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What is Astronics 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.

Astronics's adjusted revenue per share for the three months ended in Mar. 2024 was €4.884. 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 €21.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Astronics'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 8.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.50% 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 Astronics was 17.50% per year. The lowest was 1.70% per year. And the median was 8.80% per year.

As of today (2024-05-19), Astronics's current stock price is €18.60. Astronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.20. Astronics's Cyclically Adjusted PS Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Astronics was 5.34. The lowest was 0.36. And the median was 2.13.


Astronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Astronics'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.

Astronics Cyclically Adjusted Revenue per Share Chart

Astronics 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 15.45 13.79 17.22 19.01 20.67

Astronics 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 19.93 20.81 21.65 20.67 21.20

Competitive Comparison of Astronics's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Astronics'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.


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

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

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



Astronics 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, Astronics'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)
=4.884/131.7762*131.7762
=4.884

Current CPI (Mar. 2024) = 131.7762.

Astronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.730 100.560 4.888
201409 3.509 100.428 4.604
201412 4.037 99.070 5.370
201503 4.306 99.621 5.696
201506 4.442 100.684 5.814
201509 4.472 100.392 5.870
201512 4.271 99.792 5.640
201603 4.103 100.470 5.381
201606 4.210 101.688 5.456
201609 4.031 101.861 5.215
201612 4.273 101.863 5.528
201703 4.105 102.862 5.259
201706 3.887 103.349 4.956
201709 3.764 104.136 4.763
201712 4.494 104.011 5.694
201803 4.399 105.290 5.506
201806 5.391 106.317 6.682
201809 5.528 106.507 6.840
201812 5.334 105.998 6.631
201903 5.547 107.251 6.815
201906 5.045 108.070 6.152
201909 4.933 108.329 6.001
201912 5.792 108.420 7.040
202003 4.628 108.902 5.600
202006 3.571 108.767 4.326
202009 2.939 109.815 3.527
202012 3.060 109.897 3.669
202103 2.877 111.754 3.392
202106 2.983 114.631 3.429
202109 3.071 115.734 3.497
202112 3.264 117.630 3.657
202203 3.303 121.301 3.588
202206 3.808 125.017 4.014
202209 4.117 125.227 4.332
202212 4.608 125.222 4.849
202303 4.498 127.348 4.654
202306 4.937 128.729 5.054
202309 4.626 129.860 4.694
202312 5.222 129.419 5.317
202403 4.884 131.776 4.884

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


Astronics  (STU:AC1) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.60/21.2
=0.88

* 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 Astronics was 5.34. The lowest was 0.36. And the median was 2.13.


Be Aware

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


Astronics Cyclically Adjusted Revenue per Share Related Terms

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


Astronics (STU:AC1) Business Description

Industry
Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.

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