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Lear (LEA) Cyclically Adjusted Revenue per Share : $350.45 (As of Dec. 2023)


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What is Lear 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.

Lear's adjusted revenue per share for the three months ended in Dec. 2023 was $99.909. 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 $350.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lear's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% 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 Lear was 13.40% per year. The lowest was -0.60% per year. And the median was 8.00% per year.

As of today (2024-04-27), Lear's current stock price is $136.47. Lear's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $350.45. Lear's Cyclically Adjusted PS Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lear was 1.08. The lowest was 0.30. And the median was 0.63.


Lear Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lear'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.

Lear Cyclically Adjusted Revenue per Share Chart

Lear 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 236.99 255.29 289.48 324.49 350.45

Lear 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 324.49 334.48 341.93 348.42 350.45

Competitive Comparison of Lear's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Lear'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.


Lear's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lear 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, Lear'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)
=99.909/129.4194*129.4194
=99.909

Current CPI (Dec. 2023) = 129.4194.

Lear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 52.679 99.695 68.386
201406 55.956 100.560 72.015
201409 51.997 100.428 67.008
201412 56.285 99.070 73.528
201503 57.175 99.621 74.277
201506 59.367 100.684 76.311
201509 55.935 100.392 72.108
201512 61.730 99.792 80.057
201603 61.782 100.470 79.584
201606 63.966 101.688 81.410
201609 62.821 101.861 79.817
201612 65.335 101.863 83.010
201703 71.075 102.862 89.425
201706 73.769 103.349 92.378
201709 72.370 104.136 89.941
201712 78.301 104.011 97.429
201803 84.866 105.290 104.315
201806 83.660 106.317 101.839
201809 74.263 106.507 90.239
201812 76.606 105.998 93.533
201903 81.747 107.251 98.644
201906 80.309 108.070 96.175
201909 78.673 108.329 93.989
201912 79.100 108.420 94.420
202003 73.464 108.902 87.305
202006 40.672 108.767 48.395
202009 81.220 109.815 95.720
202012 86.043 109.897 101.328
202103 88.413 111.754 102.388
202106 78.544 114.631 88.677
202109 71.247 115.734 79.672
202112 80.936 117.630 89.048
202203 86.502 121.301 92.291
202206 84.382 125.017 87.354
202209 87.666 125.227 90.601
202212 90.134 125.222 93.155
202303 98.146 127.348 99.743
202306 101.054 128.729 101.596
202309 97.857 129.860 97.525
202312 99.909 129.419 99.909

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


Lear  (NYSE:LEA) 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.

Lear's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=136.47/350.45
=0.39

* 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 Lear was 1.08. The lowest was 0.30. And the median was 0.63.


Be Aware

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


Lear Cyclically Adjusted Revenue per Share Related Terms

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


Lear (LEA) Business Description

Industry
Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
Executives
Raymond E Scott director, officer: President & CEO
Carl A. Esposito officer: SVP & President, E-Systems 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jason M Cardew officer: SVP & CFO 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini officer: EVP & President, Seating 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Mallett Conrad L Jr director
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Marianne Vidershain officer: VP, Treasurer 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Thomas A Didonato officer: SVP & CAO AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis officer: SVP, Corp Dev & Inv Relations 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone director
Patricia L Lewis director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess officer: VP & Treasurer
Harry Albert Kemp officer: SVP, Gen Counsel & Corp Sec 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033

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