ITMPF (ITM Power) Cyclically Adjusted Revenue per Share: $0.03 (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ITMPF ITM Power PLC ITMPF
78 GF Score
Price $1.43
GF Value $2.58
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ITM Power Cyclically Adjusted Revenue per Share?

ITM Power ITMPF -4.67% 78 Cyclically Adjusted Revenue per Share is $0.03 as of Oct. 2025. GuruFocus rates ITMPF with a GF Score™ of 78/100 and a GF Value™ of $2.58 (Possible Value Trap). The stock has 2 warning signs investors should review.

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.

ITM Power's adjusted revenue per share data for the fiscal year that ended in Apr. 2025 was $0.055. 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 $0.03 for the trailing ten years ended in Apr. 2025.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 ITM Power was 26.00% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

As of today (2026-07-14), ITM Power's current stock price is $ 1.43. ITM Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr. 2025 was $0.03. ITM Power's Cyclically Adjusted PS Ratio of today is 47.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ITM Power was 682.00. The lowest was 15.38. And the median was 50.35.


ITM Power  (OTCPK:ITMPF) 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.

ITM Power's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.43/0.03
=47.67

* 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 ITM Power was 682.00. The lowest was 15.38. And the median was 50.35.


Be Aware

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


ITM Power Cyclically Adjusted Revenue per Share Related Terms


ITM Power Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ITM Power'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.

ITM Power Cyclically Adjusted Revenue per Share Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.03

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 0.01 0.00 0.03 0.00

ITMPF vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


ITMPF
78GF Score
ITM Power PLC ITMPF
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power 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, ITM Power's adjusted Revenue per Share data for the fiscal year that ended in Apr. 2025 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.055/137.7000*137.7000
=0.055

Current CPI (Apr. 2025) = 137.7000.

ITM Power Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.015 100.600 0.021
201704 0.014 103.200 0.019
201804 0.016 105.500 0.021
201904 0.018 107.600 0.023
202004 0.010 108.600 0.013
202104 0.012 110.400 0.015
202204 0.013 119.000 0.015
202304 0.011 128.300 0.012
202404 0.034 132.200 0.035
202504 0.055 137.700 0.055

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

What does a Cyclically Adjusted Revenue per Share of $0.03 mean?
ITM Power (ITMPF) has a Cyclically Adjusted Revenue per Share of $0.03 as of Oct. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ITM Power and its competitors.
Is ITM Power's Cyclically Adjusted Revenue per Share too high?
ITM Power's current Cyclically Adjusted Revenue per Share is $0.03. Overall, ITM Power has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
ITM Power's Cyclically Adjusted Revenue per Share of $0.03 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ITM Power and its competitors. ITM Power's current Cyclically Adjusted Revenue per Share is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (ITMPF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.58, compared to a current price of $1.43 — trading 44.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $0.03. ITM Power's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For ITM Power (ITMPF), the current Cyclically Adjusted Revenue per Share is $0.03 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ITM Power (ITMPF) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of $1.43 is trading 44.6% below its estimated GF Value™ of $2.58. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for ITMPF:

  • Cyclically Adjusted Revenue per Share: $0.03
  • GF Value™: $2.58 vs. price of $1.43 (44.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the ITMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITM Power Business Description

Other Exchanges ITMl:UKITM:UKIJ8:Germany
Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
78GF Score

Get the complete analysis for ITMPF

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.43
Price
$2.58
GF Value