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Pure Storage (FRA:6PU) Cyclically Adjusted Revenue per Share : €6.35 (As of Apr. 2024)


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What is Pure Storage 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.

Pure Storage's adjusted revenue per share for the three months ended in Apr. 2024 was €2.004. 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 €6.35 for the trailing ten years ended in Apr. 2024.

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.

As of today (2024-06-24), Pure Storage's current stock price is €58.79. Pure Storage's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €6.35. Pure Storage's Cyclically Adjusted PS Ratio of today is 9.26.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Pure Storage was 10.19. The lowest was 5.27. And the median was 7.43.


Pure Storage Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pure Storage'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.

Pure Storage Cyclically Adjusted Revenue per Share Chart

Pure Storage Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.88

Pure Storage Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - 5.78 5.88 6.35

Competitive Comparison of Pure Storage's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Pure Storage'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.


Pure Storage's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pure Storage's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pure Storage 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, Pure Storage's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=2.004/132.2892*132.2892
=2.004

Current CPI (Apr. 2024) = 132.2892.

Pure Storage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.165 100.520 0.217
201410 0.250 100.176 0.330
201501 0.365 98.604 0.490
201504 0.440 99.824 0.583
201507 0.416 100.691 0.547
201510 0.616 100.346 0.812
201601 0.726 99.957 0.961
201604 0.651 100.947 0.853
201607 0.766 101.524 0.998
201610 0.913 101.988 1.184
201701 1.118 102.456 1.444
201704 0.828 103.167 1.062
201707 0.931 103.278 1.193
201710 1.108 104.070 1.408
201801 1.278 104.578 1.617
201804 0.932 105.708 1.166
201807 1.153 106.324 1.435
201810 1.379 106.695 1.710
201901 1.543 106.200 1.922
201904 1.185 107.818 1.454
201907 1.407 108.250 1.719
201910 1.518 108.577 1.850
202001 1.709 108.841 2.077
202004 1.285 108.173 1.571
202007 1.326 109.318 1.605
202010 1.297 109.861 1.562
202101 1.504 110.364 1.803
202104 1.231 112.673 1.445
202107 1.480 115.183 1.700
202110 1.687 116.696 1.912
202201 2.147 118.619 2.394
202204 1.942 121.978 2.106
202207 2.033 125.002 2.152
202210 2.280 125.734 2.399
202301 1.626 126.223 1.704
202304 1.757 127.992 1.816
202307 2.011 128.974 2.063
202310 2.187 129.810 2.229
202401 1.809 130.124 1.839
202404 2.004 132.289 2.004

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


Pure Storage  (FRA:6PU) 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.

Pure Storage's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=58.79/6.35
=9.26

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Pure Storage was 10.19. The lowest was 5.27. And the median was 7.43.


Be Aware

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


Pure Storage Cyclically Adjusted Revenue per Share Related Terms

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


Pure Storage (FRA:6PU) Business Description

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650 Castro Street, Suite 400, Mountain View, CA, USA, 94041
Pure Storage Inc is a US-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

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