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Eastman Chemical Co (STU:EAC) Cyclically Adjusted Revenue per Share : €76.83 (As of Mar. 2024)


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What is Eastman Chemical Co 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.

Eastman Chemical Co's adjusted revenue per share for the three months ended in Mar. 2024 was €17.980. 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 €76.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eastman Chemical Co's average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% 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 Eastman Chemical Co was 7.30% per year. The lowest was 1.10% per year. And the median was 4.00% per year.

As of today (2024-06-10), Eastman Chemical Co's current stock price is €93.32. Eastman Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €76.83. Eastman Chemical Co's Cyclically Adjusted PS Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eastman Chemical Co was 1.93. The lowest was 0.64. And the median was 1.43.


Eastman Chemical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Cyclically Adjusted Revenue per Share Chart

Eastman Chemical Co 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 56.49 53.35 63.88 74.28 73.85

Eastman Chemical Co 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 73.92 73.95 77.43 73.85 76.83

Competitive Comparison of Eastman Chemical Co's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Eastman Chemical Co'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.


Eastman Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Eastman Chemical Co 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, Eastman Chemical Co'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)
=17.98/131.7762*131.7762
=17.980

Current CPI (Mar. 2024) = 131.7762.

Eastman Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.967 100.560 15.682
201409 12.458 100.428 16.347
201412 12.709 99.070 16.905
201503 15.079 99.621 19.946
201506 15.066 100.684 19.719
201509 14.555 100.392 19.105
201512 13.635 99.792 18.005
201603 13.494 100.470 17.699
201606 13.730 101.688 17.793
201609 13.750 101.861 17.788
201612 14.034 101.863 18.155
201703 14.628 102.862 18.740
201706 14.706 103.349 18.751
201709 14.214 104.136 17.987
201712 13.774 104.011 17.451
201803 14.601 105.290 18.274
201806 15.580 106.317 19.311
201809 15.329 106.507 18.966
201812 14.865 105.998 18.480
201903 15.034 107.251 18.472
201906 15.034 108.070 18.332
201909 15.320 108.329 18.636
201912 14.454 108.420 17.568
202003 14.858 108.902 17.979
202006 12.553 108.767 15.208
202009 13.218 109.815 15.861
202012 13.135 109.897 15.750
202103 14.706 111.754 17.341
202106 16.203 114.631 18.626
202109 16.876 115.734 19.215
202112 17.583 117.630 19.698
202203 18.855 121.301 20.483
202206 20.836 125.017 21.963
202209 22.372 125.227 23.542
202212 18.606 125.222 19.580
202303 18.820 127.348 19.474
202306 17.935 128.729 18.360
202309 17.850 129.860 18.113
202312 16.993 129.419 17.302
202403 17.980 131.776 17.980

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


Eastman Chemical Co  (STU:EAC) 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.

Eastman Chemical Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=93.32/76.83
=1.21

* 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 Eastman Chemical Co was 1.93. The lowest was 0.64. And the median was 1.43.


Be Aware

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


Eastman Chemical Co Cyclically Adjusted Revenue per Share Related Terms

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


Eastman Chemical Co (STU:EAC) Business Description

Industry
Traded in Other Exchanges
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.