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Vale (BSP:VALE3) Cyclically Adjusted Revenue per Share : R$44.90 (As of Mar. 2025)


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What is Vale 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.

Vale's adjusted revenue per share for the three months ended in Mar. 2025 was R$10.939. 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 R$44.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Vale's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% 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 Vale was 14.00% per year. The lowest was 1.00% per year. And the median was 10.20% per year.

As of today (2025-05-29), Vale's current stock price is R$53.41. Vale's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$44.90. Vale's Cyclically Adjusted PS Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vale was 3.99. The lowest was 0.41. And the median was 1.85.


Vale Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vale'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.

Vale Cyclically Adjusted Revenue per Share Chart

Vale Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.68 33.21 36.66 39.55 43.57

Vale Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 40.33 41.25 42.10 43.57 44.90

Competitive Comparison of Vale's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Vale'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.


Vale's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vale's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Vale 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, Vale's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10.939/168.1016*168.1016
=10.939

Current CPI (Mar. 2025) = 168.1016.

Vale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.206 100.006 7.070
201509 4.927 101.392 8.169
201512 2.675 104.247 4.314
201603 3.828 106.979 6.015
201606 4.093 108.851 6.321
201609 4.219 109.986 6.448
201612 5.867 110.802 8.901
201703 5.124 111.869 7.700
201706 4.587 112.115 6.878
201709 5.454 112.777 8.130
201712 5.812 114.068 8.565
201803 5.428 114.868 7.944
201806 6.251 117.038 8.978
201809 7.569 117.881 10.794
201812 7.418 118.340 10.537
201903 6.078 120.124 8.506
201906 6.835 120.977 9.497
201909 8.124 121.292 11.259
201912 7.387 123.436 10.060
202003 6.640 124.092 8.995
202006 7.604 123.557 10.345
202009 11.329 125.095 15.224
202012 14.300 129.012 18.633
202103 13.777 131.660 17.590
202106 16.275 133.871 20.437
202109 12.800 137.913 15.602
202112 15.258 141.992 18.064
202203 11.182 146.537 12.828
202206 11.887 149.784 13.341
202209 11.433 147.800 13.003
202212 13.817 150.207 15.463
202303 9.894 153.352 10.846
202306 10.669 154.519 11.607
202309 12.149 155.464 13.137
202312 14.856 157.148 15.891
202403 9.820 159.372 10.358
202406 12.484 161.052 13.030
202409 12.376 162.342 12.815
202412 14.452 164.740 14.747
202503 10.939 168.102 10.939

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


Vale  (BSP:VALE3) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=53.41/44.90
=1.19

* 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 Vale was 3.99. The lowest was 0.41. And the median was 1.85.


Be Aware

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


Vale Cyclically Adjusted Revenue per Share Related Terms

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


Vale Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (BSP:VALE3) » Definitions » Cyclically Adjusted Revenue per Share
Address
Praia de Botafogo, 186, offices 1101, 1701 and 1801, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.

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