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Energy Recovery (Energy Recovery) Cyclically Adjusted Revenue per Share : $1.56 (As of Dec. 2023)


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What is Energy Recovery 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.

Energy Recovery's adjusted revenue per share for the three months ended in Dec. 2023 was $0.992. 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 $1.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Energy Recovery's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 Energy Recovery was 15.20% per year. The lowest was 2.60% per year. And the median was 6.95% per year.

As of today (2024-04-30), Energy Recovery's current stock price is $14.90. Energy Recovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.56. Energy Recovery's Cyclically Adjusted PS Ratio of today is 9.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Energy Recovery was 21.03. The lowest was 2.69. And the median was 10.71.


Energy Recovery Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Energy Recovery'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.

Energy Recovery Cyclically Adjusted Revenue per Share Chart

Energy Recovery 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 0.95 1.02 1.21 1.40 1.56

Energy Recovery 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 1.40 1.43 1.46 1.53 1.56

Competitive Comparison of Energy Recovery's Cyclically Adjusted Revenue per Share

For the Pollution & Treatment Controls subindustry, Energy Recovery'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.


Energy Recovery's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energy Recovery's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Energy Recovery 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, Energy Recovery'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)
=0.992/129.4194*129.4194
=0.992

Current CPI (Dec. 2023) = 129.4194.

Energy Recovery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.076 99.695 0.099
201406 0.124 100.560 0.160
201409 0.103 100.428 0.133
201412 0.285 99.070 0.372
201503 0.113 99.621 0.147
201506 0.202 100.684 0.260
201509 0.232 100.392 0.299
201512 0.290 99.792 0.376
201603 0.193 100.470 0.249
201606 0.215 101.688 0.274
201609 0.212 101.861 0.269
201612 0.256 101.863 0.325
201703 0.218 102.862 0.274
201706 0.196 103.349 0.245
201709 0.251 104.136 0.312
201712 0.378 104.011 0.470
201803 0.205 105.290 0.252
201806 0.314 106.317 0.382
201809 0.336 106.507 0.408
201812 0.253 105.998 0.309
201903 0.290 107.251 0.350
201906 0.343 108.070 0.411
201909 0.386 108.329 0.461
201912 0.280 108.420 0.334
202003 0.336 108.902 0.399
202006 0.342 108.767 0.407
202009 0.485 109.815 0.572
202012 0.462 109.897 0.544
202103 0.494 111.754 0.572
202106 0.349 114.631 0.394
202109 0.354 115.734 0.396
202112 0.574 117.630 0.632
202203 0.559 121.301 0.596
202206 0.361 125.017 0.374
202209 0.531 125.227 0.549
202212 0.736 125.222 0.761
202303 0.238 127.348 0.242
202306 0.368 128.729 0.370
202309 0.639 129.860 0.637
202312 0.992 129.419 0.992

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


Energy Recovery  (NAS:ERII) 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.

Energy Recovery's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.90/1.56
=9.55

* 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 Energy Recovery was 21.03. The lowest was 2.69. And the median was 10.71.


Be Aware

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


Energy Recovery Cyclically Adjusted Revenue per Share Related Terms

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


Energy Recovery (Energy Recovery) Business Description

Industry
Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Executives
Joshua Ballard officer: Chief Financial Officer 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R director 9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon director 2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau director 198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor officer: Chief Technology Officer 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung officer: General Counsel 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente officer: VP, Global Desalination Sales 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit director C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina director 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen 10 percent owner POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith officer: VP, Marketing 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577