Plug Power (MEX:PLUG) Cyclically Adjusted Revenue per Share: MXN15.64 (As of Jun. 2026)

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MEX:PLUG Plug Power Inc MEX:PLUG
36 GF Score
Price MXN36.33
GF Value MXN24.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Plug Power Cyclically Adjusted Revenue per Share?

Plug Power MEX:PLUG -3.02% 36 Cyclically Adjusted Revenue per Share is MXN15.64 as of Jun. 2026. GuruFocus rates MEX:PLUG with a GF Score™ of 36/100 and a GF Value™ of MXN24.05 (Significantly Overvalued). The stock has 6 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.

Plug Power's adjusted revenue per share for the three months ended in Jun. 2026 was MXN2.236. 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 MXN15.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Plug Power's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 Plug Power was 10.80% per year. The lowest was -12.10% per year. And the median was -9.00% per year.

As of today (2026-09-01), Plug Power's current stock price is MXN36.33. Plug Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN15.64. Plug Power's Cyclically Adjusted PS Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Plug Power was 98.34. The lowest was 0.82. And the median was 3.09.


Plug Power  (MEX:PLUG) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.33/15.64
=2.32

* 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 Plug Power was 98.34. The lowest was 0.82. And the median was 3.09.


Be Aware

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


Plug Power Cyclically Adjusted Revenue per Share Related Terms


Plug Power Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Plug 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.

Plug Power Cyclically Adjusted Revenue per Share Chart

Plug Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.18 13.11 14.57 18.66 15.64

Plug Power Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.85 16.42 15.64 15.67 15.64

MEX:PLUG vs HAYW, ATKR, PLPC: Cyclically Adjusted Revenue per Share Comparison

For the Electrical Equipment & Parts subindustry, Plug 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.


Plug Power Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


MEX:PLUG
36GF Score
Plug Power Inc MEX:PLUG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plug 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, Plug Power's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.236/333.9520*333.9520
=2.236

Current CPI (Jun. 2026) = 333.9520.

Plug Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.882 241.428 2.603
201612 3.344 241.432 4.625
201703 1.500 243.801 2.055
201706 1.855 244.955 2.529
201709 2.781 246.819 3.763
201712 2.677 246.524 3.626
201803 2.114 249.554 2.829
201806 3.230 251.989 4.281
201809 4.542 252.439 6.009
201812 5.332 251.233 7.088
201903 1.897 254.202 2.492
201906 4.782 256.143 6.235
201909 4.958 256.759 6.449
201912 6.629 256.974 8.615
202003 3.136 258.115 4.057
202006 4.957 257.797 6.421
202009 6.374 260.280 8.178
202012 -14.423 260.474 -18.492
202103 2.865 264.877 3.612
202106 4.373 271.696 5.375
202109 5.151 274.310 6.271
202112 5.756 278.802 6.895
202203 4.852 287.504 5.636
202206 5.265 296.311 5.934
202209 6.564 296.808 7.385
202212 7.366 296.797 8.288
202303 6.433 301.836 7.117
202306 7.458 305.109 8.163
202309 5.774 307.789 6.265
202312 6.268 306.746 6.824
202403 3.113 312.332 3.328
202406 3.564 314.175 3.788
202409 3.985 315.301 4.221
202412 4.424 315.605 4.681
202503 2.892 319.799 3.020
202506 2.908 322.561 3.011
202509 2.804 324.800 2.883
202512 2.996 324.054 3.088
202603 2.122 330.213 2.146
202606 2.236 333.952 2.236

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 MXN15.64 mean?
Plug Power (MEX:PLUG) has a Cyclically Adjusted Revenue per Share of MXN15.64 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Plug Power and its competitors.
Is Plug Power's Cyclically Adjusted Revenue per Share too high?
Plug Power's current Cyclically Adjusted Revenue per Share is MXN15.64. Overall, Plug Power has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Cyclically Adjusted Revenue per Share compare to HAYW and ATKR?
Plug Power's Cyclically Adjusted Revenue per Share of MXN15.64 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 Plug Power and its competitors. Plug Power's current Cyclically Adjusted Revenue per Share is MXN15.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Based on GuruFocus' analysis, Plug Power (MEX:PLUG) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN24.05, compared to a current price of MXN36.33 — trading 51.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN15.64. Plug Power's overall GF Score™ is 36/100 with 6 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 Plug Power (MEX:PLUG), the current Cyclically Adjusted Revenue per Share is MXN15.64 as of Jun. 2026. 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 Plug Power (MEX:PLUG) Overvalued in 2026?

Based on GuruFocus' analysis, Plug Power stock appears to be overvalued. The current stock price of MXN36.33 is trading 51.1% above its estimated GF Value™ of MXN24.05. GuruFocus considers Plug Power to be Significantly Overvalued.

Key valuation signals for MEX:PLUG:

  • Cyclically Adjusted Revenue per Share: MXN15.64
  • GF Value™: MXN24.05 vs. price of MXN36.33 (51.1% above fair value)
  • GF Score™: 36/100 with 6 warning signs

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


Plug Power Business Description

Address 125 Vista Boulevard, Slingerlands, NY, USA, 12159
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
36GF Score

Get the complete analysis for MEX:PLUG

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

MXN36.33
Price
MXN24.05
GF Value