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Johnson Controls International (Johnson Controls International) Cyclically Adjusted Revenue per Share : $37.67 (As of Dec. 2023)


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What is Johnson Controls International 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.

Johnson Controls International's adjusted revenue per share for the three months ended in Dec. 2023 was $8.930. 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 $37.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Johnson Controls International's average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -19.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Johnson Controls International was 76.70% per year. The lowest was -41.20% per year. And the median was -1.80% per year.

As of today (2024-04-27), Johnson Controls International's current stock price is $65.11. Johnson Controls International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $37.67. Johnson Controls International's Cyclically Adjusted PS Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Johnson Controls International was 2.08. The lowest was 0.08. And the median was 0.77.


Johnson Controls International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Johnson Controls International'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.

Johnson Controls International Cyclically Adjusted Revenue per Share Chart

Johnson Controls International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.32 41.16 39.39 39.28 38.92

Johnson Controls International 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 39.01 38.93 38.73 38.92 37.67

Competitive Comparison of Johnson Controls International's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Johnson Controls International'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.


Johnson Controls International's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Johnson Controls International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Controls International's Cyclically Adjusted PS Ratio falls into.



Johnson Controls International 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, Johnson Controls International'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)
=8.93/120.1096*120.1096
=8.930

Current CPI (Dec. 2023) = 120.1096.

Johnson Controls International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.756 100.573 17.622
201406 15.315 100.773 18.254
201409 13.023 100.474 15.568
201412 15.086 99.576 18.197
201503 14.567 99.975 17.501
201506 15.211 100.573 18.166
201509 -15.212 100.274 -18.221
201512 7.194 99.676 8.669
201603 7.258 99.676 8.746
201606 7.933 101.072 9.427
201609 8.498 100.274 10.179
201612 7.479 99.676 9.012
201703 7.737 100.374 9.258
201706 8.135 100.673 9.706
201709 0.852 100.474 1.019
201712 5.728 100.075 6.875
201803 6.038 100.573 7.211
201806 6.750 101.072 8.021
201809 6.645 101.371 7.873
201812 5.906 100.773 7.039
201903 6.379 101.670 7.536
201906 7.371 102.168 8.665
201909 7.936 102.268 9.321
201912 7.204 102.068 8.477
202003 7.191 102.367 8.437
202006 7.181 101.769 8.475
202009 8.071 101.072 9.591
202012 7.352 101.072 8.737
202103 7.755 102.367 9.099
202106 8.811 103.364 10.238
202109 8.916 104.859 10.213
202112 8.262 106.653 9.304
202203 8.678 109.245 9.541
202206 9.518 112.734 10.141
202209 9.729 113.431 10.302
202212 8.790 115.425 9.147
202303 9.694 117.618 9.899
202306 10.395 119.611 10.438
202309 10.107 120.708 10.057
202312 8.930 120.110 8.930

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


Johnson Controls International  (NYSE:JCI) 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.

Johnson Controls International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=65.11/37.67
=1.73

* 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 Johnson Controls International was 2.08. The lowest was 0.08. And the median was 0.77.


Be Aware

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


Johnson Controls International Cyclically Adjusted Revenue per Share Related Terms

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


Johnson Controls International (Johnson Controls International) Business Description

Traded in Other Exchanges
Address
One Albert Quay, Cork, IRL, T12 X8N6
Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.
Executives
Marc Vandiepenbeeck officer: VP & Pres, EMEALA 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
George Oliver officer: Pres. Tyco Safety Products 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Nathan D Manning officer: VP & Pres, North America 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John Donofrio officer: Exec VP & General Counsel ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Olivier Leonetti officer: EVP and CFO-Elect 5757 N. GREEN BAY AVENUE, P.O. BOX 591, MILWAUKEE WI 53201
Heuer Brandt Julie M officer: VP, President BSNA 5757 N. GREENBAY AVENUE, MILWAUKEE WI 53209
Ayesha Khanna director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Daniel C Mcconeghy officer: VP Chief Accounting & Tax Ofcr 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Michael J Ellis officer: EVP Chief Digital Officer 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Lei Zhang Schlitz officer: VP & Pres, Global Products 5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Tomas Brannemo officer: VP & President, BTS EMEALA JOHNSON CONTROLS, 5757 N. GREEN BAY AVENUE, GLENDALE WI 53209
Rodney Clark officer: Chief Commercial Officer 129 CONCORD ROAD, BILLERICA MA 01821
Anuruddha Rathninde officer: VP and President, APAC 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Robert M Vanhimbergen officer: VP Corporate Controller ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Visal Leng officer: VP & Pres, APAC B.Solutions 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209