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Astronics (Astronics) Cyclically Adjusted Revenue per Share : $22.75 (As of Dec. 2023)


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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 Dec. 2023 was $5.694. 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 $22.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Astronics's average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 8.75% per year.

As of today (2024-04-27), Astronics's current stock price is $16.58. Astronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $22.75. Astronics's Cyclically Adjusted PS Ratio of today is 0.73.

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 16.74 17.71 19.49 21.28 22.75

Astronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.28 21.83 22.33 22.66 22.75

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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.694/129.4194*129.4194
=5.694

Current CPI (Dec. 2023) = 129.4194.

Astronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.090 99.695 5.309
201406 5.068 100.560 6.522
201409 4.522 100.428 5.827
201412 4.978 99.070 6.503
201503 4.660 99.621 6.054
201506 4.986 100.684 6.409
201509 5.020 100.392 6.472
201512 4.653 99.792 6.034
201603 4.569 100.470 5.885
201606 4.730 101.688 6.020
201609 4.525 101.861 5.749
201612 4.508 101.863 5.728
201703 4.391 102.862 5.525
201706 4.367 103.349 5.469
201709 4.487 104.136 5.576
201712 5.318 104.011 6.617
201803 5.424 105.290 6.667
201806 6.298 106.317 7.667
201809 6.451 106.507 7.839
201812 6.068 105.998 7.409
201903 6.268 107.251 7.564
201906 5.700 108.070 6.826
201909 5.433 108.329 6.491
201912 6.435 108.420 7.681
202003 5.114 108.902 6.078
202006 4.022 108.767 4.786
202009 3.461 109.815 4.079
202012 3.723 109.897 4.384
202103 3.425 111.754 3.966
202106 3.594 114.631 4.058
202109 3.613 115.734 4.040
202112 3.689 117.630 4.059
202203 3.638 121.301 3.881
202206 4.025 125.017 4.167
202209 4.077 125.227 4.214
202212 4.881 125.222 5.045
202303 4.816 127.348 4.894
202306 5.349 128.729 5.378
202309 4.937 129.860 4.920
202312 5.694 129.419 5.694

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


Astronics  (NAS:ATRO) 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
=16.58/22.75
=0.73

* 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 (Astronics) 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.
Executives
Robert S Keane director, 10 percent owner CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Linda O'brien director 6124 FOREST HIGHLANDS DR., FORT WORTH TX 76132
Warren C Johnson director P.O. BOX 189, 13133 BEAR ROAD, WALES CENTER NY 14169
Nancy L Hedges officer: Principal Accounting Officer 130 COMMERCE WAY, EAST AURORA NY 14052
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
James Mulato other: Pres Astronics Test Systems 4 GOODYEAR, IRVINE CA 92677
Mark Peabody officer: VP Astronics Advanced Electron 130 COMMERCE WAY, EAST AURORA NY 14052
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
David C Burney officer: VP-Finance, Treasurer 130 COMMERCE WAY, EAST AURORA NY 14052
Michael C Kuehn officer: Executive Vice President 130 COMMERCE WAY, EAST AURORA NY 14052
Mark J Moran director 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
James S Kramer officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY, EAST AURORA NY 14052
Peter J Gundermann director 130 COMMERCE WAY, EAST AURORA NY 14052
Robert J Mckenna director 38 QUARTERMASTER DRIVE, SALEM SC 29676
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1, BUFFALO NY 14207-2463