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Axalta Coating Systems (Axalta Coating Systems) Cyclically Adjusted Revenue per Share : $22.40 (As of Dec. 2023)


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What is Axalta Coating Systems 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.

Axalta Coating Systems's adjusted revenue per share for the three months ended in Dec. 2023 was $5.862. 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 $22.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Axalta Coating Systems's average Cyclically Adjusted Revenue Growth Rate was 3.90% 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.

As of today (2024-04-28), Axalta Coating Systems's current stock price is $31.22. Axalta Coating Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $22.40. Axalta Coating Systems's Cyclically Adjusted PS Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Axalta Coating Systems was 1.54. The lowest was 1.13. And the median was 1.40.


Axalta Coating Systems Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Axalta Coating Systems'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.

Axalta Coating Systems Cyclically Adjusted Revenue per Share Chart

Axalta Coating Systems 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 - - - 21.56 22.40

Axalta Coating Systems 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 21.56 21.96 22.22 22.45 22.40

Competitive Comparison of Axalta Coating Systems's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Axalta Coating Systems'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.


Axalta Coating Systems's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Axalta Coating Systems 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, Axalta Coating Systems'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)
=5.862/129.4194*129.4194
=5.862

Current CPI (Dec. 2023) = 129.4194.

Axalta Coating Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.603 99.695 5.975
201406 4.952 100.560 6.373
201409 4.871 100.428 6.277
201412 4.730 99.070 6.179
201503 4.209 99.621 5.468
201506 4.740 100.684 6.093
201509 4.172 100.392 5.378
201512 4.167 99.792 5.404
201603 3.951 100.470 5.089
201606 4.382 101.688 5.577
201609 4.303 101.861 5.467
201612 4.215 101.863 5.355
201703 4.119 102.862 5.182
201706 4.544 103.349 5.690
201709 4.460 104.136 5.543
201712 4.770 104.011 5.935
201803 4.768 105.290 5.861
201806 4.956 106.317 6.033
201809 4.801 106.507 5.834
201812 4.878 105.998 5.956
201903 4.731 107.251 5.709
201906 4.917 108.070 5.888
201909 4.701 108.329 5.616
201912 4.658 108.420 5.560
202003 4.169 108.902 4.954
202006 2.775 108.767 3.302
202009 4.351 109.815 5.128
202012 4.547 109.897 5.355
202103 4.532 111.754 5.248
202106 4.826 114.631 5.449
202109 4.719 115.734 5.277
202112 4.975 117.630 5.474
202203 5.214 121.301 5.563
202206 5.578 125.017 5.774
202209 5.600 125.227 5.788
202212 5.586 125.222 5.773
202303 5.781 127.348 5.875
202306 5.815 128.729 5.846
202309 5.899 129.860 5.879
202312 5.862 129.419 5.862

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


Axalta Coating Systems  (NYSE:AXTA) 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.

Axalta Coating Systems's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=31.22/22.4
=1.39

* 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 Axalta Coating Systems was 1.54. The lowest was 1.13. And the median was 1.40.


Be Aware

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


Axalta Coating Systems Cyclically Adjusted Revenue per Share Related Terms

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


Axalta Coating Systems (Axalta Coating Systems) Business Description

Industry
Traded in Other Exchanges
Address
50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342
Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Executives
Hadi Awada officer: SVP, Global Trans. Coatings AXALTA COATING SYSTEMS, 2001 MARKET STREET 36TH FLOOR, PHILADELPHIA PA 19103
Brian A Berube officer: SVP and General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Anthony Massey officer: VP, Global Controller, PAO AXALTA COATING SYSTEMS, 2001 MARKET STREET, 36TH FLOOR, PHILADELPHIA PA 19103
Robert M Mclaughlin director C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Mary Slagle Zappone director 10900 NE 8TH ST., STE. 800, BELLEVUE WA 98004
Amy Tufano officer: SVP & CHRO 50 APPLIED BANK BLVD., SUITE 300, GLEN MILLS PA 19342
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Kevin M Stein director TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Anderson Carl Douglas Ii officer: SVP and CFO C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacqueline Scanlan officer: SVP & CHRO HAEMONETICS CORPORATION, 400 WOOD ROAD, BRAINTREE MA 02184
Chris Villavarayan director, officer: CEO & President C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Jan Bertsch director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Troy D. Weaver officer: SVP, Global Refinish AXALTA COATING SYSTEMS, 2001 MARKET STREET 36TH FLOOR, PHILADELPHIA PA 19103
Barry S Snyder officer: SVP,Chief Ops & Sup Chain Offc 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683