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Applied Materials (WBO:AMAT) Cyclically Adjusted Revenue per Share : €18.91 (As of Jan. 2024)


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What is Applied Materials 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.

Applied Materials's adjusted revenue per share for the three months ended in Jan. 2024 was €7.356. 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 €18.91 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Applied Materials's average Cyclically Adjusted Revenue Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 Applied Materials was 30.50% per year. The lowest was 2.80% per year. And the median was 9.50% per year.

As of today (2024-05-16), Applied Materials's current stock price is €197.08. Applied Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €18.91. Applied Materials's Cyclically Adjusted PS Ratio of today is 10.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Applied Materials was 11.90. The lowest was 2.09. And the median was 5.17.


Applied Materials Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Applied Materials'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.

Applied Materials Cyclically Adjusted Revenue per Share Chart

Applied Materials Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 10.01 12.10 17.42 18.97

Applied Materials Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.33 16.83 17.68 18.97 18.91

Competitive Comparison of Applied Materials's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.


Applied Materials's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Applied Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Applied Materials 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, Applied Materials's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.356/130.1244*130.1244
=7.356

Current CPI (Jan. 2024) = 130.1244.

Applied Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.386 100.023 1.803
201407 1.358 100.520 1.758
201410 1.448 100.176 1.881
201501 1.638 98.604 2.162
201504 1.818 99.824 2.370
201507 1.839 100.691 2.377
201510 1.773 100.346 2.299
201601 1.801 99.957 2.345
201604 1.929 100.947 2.487
201607 2.336 101.524 2.994
201610 2.734 101.988 3.488
201701 2.829 102.456 3.593
201704 3.044 103.167 3.839
201707 2.997 103.278 3.776
201710 3.269 104.070 4.087
201801 3.220 104.578 4.007
201804 3.588 105.708 4.417
201807 3.545 106.324 4.339
201810 3.313 106.695 4.041
201901 3.407 106.200 4.175
201904 3.322 107.818 4.009
201907 3.391 108.250 4.076
201910 3.649 108.577 4.373
202001 4.045 108.841 4.836
202004 3.944 108.173 4.744
202007 4.147 109.318 4.936
202010 4.331 109.861 5.130
202101 4.582 110.364 5.402
202104 5.034 112.673 5.814
202107 5.710 115.183 6.451
202110 5.819 116.696 6.489
202201 6.180 118.619 6.779
202204 6.549 121.978 6.986
202207 7.375 125.002 7.677
202210 7.975 125.734 8.253
202301 7.366 126.223 7.594
202304 7.139 127.992 7.258
202307 6.890 128.974 6.951
202310 7.561 129.810 7.579
202401 7.356 130.124 7.356

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


Applied Materials  (WBO:AMAT) 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.

Applied Materials's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=197.08/18.91
=10.42

* 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 Applied Materials was 11.90. The lowest was 2.09. And the median was 5.17.


Be Aware

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


Applied Materials Cyclically Adjusted Revenue per Share Related Terms

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


Applied Materials (WBO:AMAT) Business Description

Industry
Address
3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.