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Corning (MEX:GLW) Cyclically Adjusted Revenue per Share : MXN306.80 (As of Mar. 2025)


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What is Corning 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.

Corning's adjusted revenue per share for the three months ended in Mar. 2025 was MXN81.549. 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 MXN306.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Corning's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% 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 Corning was 15.30% per year. The lowest was -7.80% per year. And the median was 1.80% per year.

As of today (2025-06-28), Corning's current stock price is MXN956.13. Corning's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN306.80. Corning's Cyclically Adjusted PS Ratio of today is 3.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Corning was 5.47. The lowest was 1.92. And the median was 3.63.


Corning Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Corning'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.

Corning Cyclically Adjusted Revenue per Share Chart

Corning 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 191.63 229.37 250.23 223.59 289.82

Corning 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 242.12 262.52 266.15 289.82 306.80

Competitive Comparison of Corning's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Corning'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.


Corning's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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


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Corning 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, Corning'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)
=81.549/134.9266*134.9266
=81.549

Current CPI (Mar. 2025) = 134.9266.

Corning Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 26.814 100.684 35.933
201509 31.521 100.392 42.364
201512 30.111 99.792 40.712
201603 31.947 100.470 42.903
201606 36.924 101.688 48.993
201609 43.987 101.861 58.266
201612 47.887 101.863 63.431
201703 42.549 102.862 55.812
201706 43.652 103.349 56.990
201709 46.890 104.136 60.755
201712 59.872 104.011 77.668
201803 53.560 105.290 68.636
201806 57.240 106.317 72.643
201809 60.500 106.507 76.644
201812 64.774 105.998 82.452
201903 60.074 107.251 75.576
201906 71.577 108.070 89.365
201909 64.574 108.329 80.428
201912 59.897 108.420 74.541
202003 73.769 108.902 91.398
202006 77.883 108.767 96.614
202009 74.573 109.815 91.626
202012 84.998 109.897 104.357
202103 74.890 111.754 90.418
202106 82.572 114.631 97.191
202109 85.833 115.734 100.067
202112 87.179 117.630 99.998
202203 85.300 121.301 94.882
202206 84.961 125.017 91.696
202209 82.060 125.227 88.416
202212 77.484 125.222 83.489
202303 66.686 127.348 70.655
202306 64.724 128.729 67.840
202309 64.342 129.860 66.853
202312 58.957 129.419 61.466
202403 57.278 131.776 58.647
202406 68.934 132.554 70.168
202409 78.185 133.029 79.300
202412 83.734 133.157 84.847
202503 81.549 134.927 81.549

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


Corning  (MEX:GLW) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=956.13/306.80
=3.12

* 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 Corning was 5.47. The lowest was 1.92. And the median was 3.63.


Be Aware

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


Corning Cyclically Adjusted Revenue per Share Related Terms

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


Corning Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Corning Inc (MEX:GLW) » Definitions » Cyclically Adjusted Revenue per Share
Address
One Riverfront Plaza, Corning, NY, USA, 14831
Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.