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Intuitive Surgical (Intuitive Surgical) Cyclically Adjusted Revenue per Share : $13.92 (As of Mar. 2024)


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What is Intuitive Surgical 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.

Intuitive Surgical's adjusted revenue per share for the three months ended in Mar. 2024 was $5.244. 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 $13.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intuitive Surgical's average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.40% 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 Intuitive Surgical was 31.10% per year. The lowest was 13.70% per year. And the median was 16.10% per year.

As of today (2024-04-27), Intuitive Surgical's current stock price is $375.33. Intuitive Surgical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.92. Intuitive Surgical's Cyclically Adjusted PS Ratio of today is 26.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Intuitive Surgical was 37.18. The lowest was 11.75. And the median was 21.36.


Intuitive Surgical Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Intuitive Surgical'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.

Intuitive Surgical Cyclically Adjusted Revenue per Share Chart

Intuitive Surgical 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 7.88 8.74 10.35 11.99 13.57

Intuitive Surgical 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 12.45 12.88 13.29 13.57 13.92

Competitive Comparison of Intuitive Surgical's Cyclically Adjusted Revenue per Share

For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.


Intuitive Surgical's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Intuitive Surgical 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, Intuitive Surgical'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)
=5.244/129.4194*129.4194
=5.244

Current CPI (Mar. 2024) = 129.4194.

Intuitive Surgical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.514 100.560 1.949
201409 1.656 100.428 2.134
201412 1.811 99.070 2.366
201503 1.568 99.621 2.037
201506 1.723 100.684 2.215
201509 1.724 100.392 2.222
201512 1.968 99.792 2.552
201603 1.716 100.470 2.210
201606 1.899 101.688 2.417
201609 1.911 101.861 2.428
201612 2.130 101.863 2.706
201703 1.961 102.862 2.467
201706 2.196 103.349 2.750
201709 2.305 104.136 2.865
201712 2.530 104.011 3.148
201803 2.394 105.290 2.943
201806 2.558 106.317 3.114
201809 2.575 106.507 3.129
201812 2.922 105.998 3.568
201903 2.714 107.251 3.275
201906 3.070 108.070 3.677
201909 3.152 108.329 3.766
201912 3.559 108.420 4.248
202003 3.059 108.902 3.635
202006 2.373 108.767 2.824
202009 2.978 109.815 3.510
202012 3.654 109.897 4.303
202103 3.550 111.754 4.111
202106 4.012 114.631 4.530
202109 3.826 115.734 4.278
202112 4.215 117.630 4.637
202203 4.057 121.301 4.329
202206 4.183 125.017 4.330
202209 4.320 125.227 4.465
202212 4.637 125.222 4.792
202303 4.765 127.348 4.843
202306 4.914 128.729 4.940
202309 4.868 129.860 4.852
202312 5.382 129.419 5.382
202403 5.244 129.419 5.244

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


Intuitive Surgical  (NAS:ISRG) 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.

Intuitive Surgical's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=375.33/13.92
=26.96

* 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 Intuitive Surgical was 37.18. The lowest was 11.75. And the median was 21.36.


Be Aware

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


Intuitive Surgical Cyclically Adjusted Revenue per Share Related Terms

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


Intuitive Surgical (Intuitive Surgical) Business Description

Address
1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.
Executives
Alan J Levy director C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Robert Desantis officer: Executive VP & GM IA&E C/O INTUITIVE SURGICAL, INC., 1020 KIFER ROAD, SUNNYVALE CA 94086
Sreelakshmi Kolli director C/O ALIGN TECHNOLOGY INC., 2820 ORCHARD PARKWAY, SAN JOSE CA 94131
Gary S Guthart director, officer: President & CEO, other: President & CEO C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Amy L Ladd director INTUITIVE SURGICAL, INC, 1020 KIFER RD, SUNNYVALE CA 94086
Craig H Barratt director
Marshall Mohr officer: SVP & CFO C/O INTUITIVE SURGICAL, INC, 1266 KIFER ROAD, SUNNYVALE CA 94086
Mark J Rubash director
David J. Rosa officer: Sr VP Emerging Procedures & Te 1266 KIFER ROAD, SUNNYVALE CA 94086
Fredrik Widman officer: VP Corporate Controller 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086
Myriam Curet officer: SVP & Chief Medical Officer, other: SVP & Chief Medical Officer 1020 KIFER ROAD, SUNNYVALE CA 94086
Michele Dimartino officer: See Remarks 1020 KIFER ROAD, SUNNYVALE CA 94086
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Gary Loeb officer: General Counsel & CCO 5885 HOLLIS ST., SUITE 100, EMERYVILLE CA 94608
Henry L Charlton officer: Senior Vice President & Chief 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086

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