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Vale (MEX:VALE) Cyclically Adjusted Revenue per Share : MXN154.06 (As of Sep. 2024)


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What is Vale 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.

Vale's adjusted revenue per share for the three months ended in Sep. 2024 was MXN44.005. 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 MXN154.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Vale's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 Vale was 14.00% per year. The lowest was 1.00% per year. And the median was 11.40% per year.

As of today (2024-12-11), Vale's current stock price is MXN200.17. Vale's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MXN154.06. Vale's Cyclically Adjusted PS Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vale was 3.99. The lowest was 0.41. And the median was 1.85.


Vale Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vale'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.

Vale Cyclically Adjusted Revenue per Share Chart

Vale 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 119.80 106.94 121.98 136.11 139.35

Vale Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 131.71 139.35 133.92 135.92 154.06

Competitive Comparison of Vale's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Vale'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.


Vale's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vale's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vale 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, Vale's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=44.005/162.3424*162.3424
=44.005

Current CPI (Sep. 2024) = 162.3424.

Vale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 19.054 94.194 32.839
201503 18.460 97.799 30.643
201506 21.206 100.006 34.424
201509 21.330 101.392 34.152
201512 11.853 104.247 18.459
201603 17.821 106.979 27.044
201606 22.113 108.851 32.980
201609 25.076 109.986 37.013
201612 36.065 110.802 52.841
201703 30.848 111.869 44.766
201706 25.162 112.115 36.435
201709 31.600 112.777 45.488
201712 34.639 114.068 49.299
201803 30.072 114.868 42.501
201806 32.574 117.038 45.183
201809 34.458 117.881 47.454
201812 37.507 118.340 51.453
201903 30.700 120.124 41.490
201906 34.053 120.977 45.697
201909 38.931 121.292 52.107
201912 33.942 123.436 44.640
202003 31.862 124.092 41.683
202006 33.827 123.557 44.445
202009 46.345 125.095 60.144
202012 55.289 129.012 69.573
202103 49.974 131.660 61.620
202106 64.427 133.871 78.129
202109 49.855 137.913 58.686
202112 55.352 141.992 63.285
202203 44.738 146.537 49.563
202206 47.376 149.784 51.348
202209 43.858 147.800 48.173
202212 51.356 150.207 55.505
202303 34.239 153.352 36.246
202306 37.684 154.519 39.592
202309 42.850 155.464 44.746
202312 51.466 157.148 53.167
202403 32.798 159.372 33.409
202406 42.464 161.052 42.804
202409 44.005 162.342 44.005

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


Vale  (MEX:VALE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=200.17/154.06
=1.30

* 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 Vale was 3.99. The lowest was 0.41. And the median was 1.85.


Be Aware

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


Vale Cyclically Adjusted Revenue per Share Related Terms

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


Vale Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (MEX:VALE) » Definitions » Cyclically Adjusted Revenue per Share
Address
Praia de Botafogo, 186, offices 1101, 1701 and 1801, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.

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