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Element Solutions (FRA:PLQ) Cyclically Adjusted Revenue per Share : €9.66 (As of Mar. 2024)


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What is Element Solutions 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.

Element Solutions's adjusted revenue per share for the three months ended in Mar. 2024 was €2.181. 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 €9.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Element Solutions's average Cyclically Adjusted Revenue Growth Rate was 2.80% 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.

As of today (2024-05-26), Element Solutions's current stock price is €22.20. Element Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.66. Element Solutions's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Element Solutions was 2.40. The lowest was 1.58. And the median was 1.90.


Element Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Element Solutions'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.

Element Solutions Cyclically Adjusted Revenue per Share Chart

Element Solutions 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 - - - 9.43 9.43

Element Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.33 9.45 9.80 9.43 9.66

Competitive Comparison of Element Solutions's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Element Solutions 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, Element Solutions's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.181/131.7762*131.7762
=2.181

Current CPI (Mar. 2024) = 131.7762.

Element Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.082 100.560 1.418
201409 1.000 100.428 1.312
201412 1.323 99.070 1.760
201503 2.575 99.621 3.406
201506 3.120 100.684 4.083
201509 2.523 100.392 3.312
201512 3.109 99.792 4.105
201603 3.223 100.470 4.227
201606 3.572 101.688 4.629
201609 3.000 101.861 3.881
201612 -2.492 101.863 -3.224
201703 2.832 102.862 3.628
201706 2.928 103.349 3.733
201709 1.406 104.136 1.779
201712 1.439 104.011 1.823
201803 1.387 105.290 1.736
201806 1.490 106.317 1.847
201809 1.453 106.507 1.798
201812 1.458 105.998 1.813
201903 1.517 107.251 1.864
201906 1.557 108.070 1.899
201909 1.659 108.329 2.018
201912 1.616 108.420 1.964
202003 1.625 108.902 1.966
202006 1.380 108.767 1.672
202009 1.627 109.815 1.952
202012 1.769 109.897 2.121
202103 1.859 111.754 2.192
202106 1.964 114.631 2.258
202109 2.112 115.734 2.405
202112 2.312 117.630 2.590
202203 2.478 121.301 2.692
202206 2.587 125.017 2.727
202209 2.550 125.227 2.683
202212 2.242 125.222 2.359
202303 2.219 127.348 2.296
202306 2.238 128.729 2.291
202309 2.325 129.860 2.359
202312 2.175 129.419 2.215
202403 2.181 131.776 2.181

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


Element Solutions  (FRA:PLQ) 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.

Element Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.20/9.66
=2.30

* 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 Element Solutions was 2.40. The lowest was 1.58. And the median was 1.90.


Be Aware

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


Element Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Element Solutions (FRA:PLQ) Business Description

Industry
Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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