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Balchem (STU:BL9B) Cyclically Adjusted Revenue per Share : €23.68 (As of Mar. 2024)


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What is Balchem 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.

Balchem's adjusted revenue per share for the three months ended in Mar. 2024 was €6.758. 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 €23.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Balchem's average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% 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 Balchem was 22.80% per year. The lowest was 9.30% per year. And the median was 13.80% per year.

As of today (2024-06-01), Balchem's current stock price is €139.70. Balchem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.68. Balchem's Cyclically Adjusted PS Ratio of today is 5.90.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Balchem was 8.70. The lowest was 4.65. And the median was 6.28.


Balchem Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Balchem'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.

Balchem Cyclically Adjusted Revenue per Share Chart

Balchem 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 14.00 13.80 17.60 21.21 22.71

Balchem 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 21.63 22.12 23.64 22.71 23.68

Competitive Comparison of Balchem's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Balchem'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.


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

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

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



Balchem 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, Balchem'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)
=6.758/131.7762*131.7762
=6.758

Current CPI (Mar. 2024) = 131.7762.

Balchem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.124 100.560 4.094
201409 3.986 100.428 5.230
201412 4.218 99.070 5.611
201503 4.255 99.621 5.628
201506 3.796 100.684 4.968
201509 3.936 100.392 5.166
201512 3.831 99.792 5.059
201603 3.814 100.470 5.002
201606 3.875 101.688 5.022
201609 3.859 101.861 4.992
201612 4.166 101.863 5.389
201703 4.000 102.862 5.124
201706 4.065 103.349 5.183
201709 3.922 104.136 4.963
201712 4.165 104.011 5.277
201803 4.049 105.290 5.068
201806 4.320 106.317 5.354
201809 4.080 106.507 5.048
201812 4.433 105.998 5.511
201903 4.275 107.251 5.253
201906 4.388 108.070 5.351
201909 4.437 108.329 5.397
201912 4.615 108.420 5.609
202003 4.855 108.902 5.875
202006 4.741 108.767 5.744
202009 4.573 109.815 5.488
202012 4.569 109.897 5.479
202103 4.775 111.754 5.630
202106 5.144 114.631 5.913
202109 5.152 115.734 5.866
202112 5.762 117.630 6.455
202203 6.399 121.301 6.952
202206 6.929 125.017 7.304
202209 7.622 125.227 8.021
202212 6.776 125.222 7.131
202303 6.700 127.348 6.933
202306 6.581 128.729 6.737
202309 6.634 129.860 6.732
202312 6.458 129.419 6.576
202403 6.758 131.776 6.758

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


Balchem  (STU:BL9B) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=139.70/23.68
=5.90

* 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 Balchem was 8.70. The lowest was 4.65. And the median was 6.28.


Be Aware

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


Balchem Cyclically Adjusted Revenue per Share Related Terms

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


Balchem (STU:BL9B) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Balchem Corp (STU:BL9B) » Definitions » Cyclically Adjusted Revenue per Share
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Address
5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.

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