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Salesforce (NEOE:CRM) Cyclically Adjusted Revenue per Share : C$2.15 (As of Apr. 2025)


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What is Salesforce 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.

Salesforce's adjusted revenue per share for the three months ended in Apr. 2025 was C$0.825. 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 C$2.15 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Salesforce's average Cyclically Adjusted Revenue Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.90% 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 Salesforce was 28.10% per year. The lowest was 17.80% per year. And the median was 22.25% per year.

As of today (2025-06-29), Salesforce's current stock price is C$21.39. Salesforce's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was C$2.15. Salesforce's Cyclically Adjusted PS Ratio of today is 9.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salesforce was 23.05. The lowest was 6.79. And the median was 14.94.


Salesforce Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Salesforce'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.

Salesforce Cyclically Adjusted Revenue per Share Chart

Salesforce Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.34 1.60 1.85 2.09

Salesforce Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 1.92 1.98 2.03 2.09 2.15

Competitive Comparison of Salesforce's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Salesforce'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.


Salesforce's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Salesforce 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, Salesforce's adjusted Revenue per Share data for the three months ended in Apr. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.825/135.3468*135.3468
=0.825

Current CPI (Apr. 2025) = 135.3468.

Salesforce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201507 0.186 100.691 0.250
201510 0.196 100.346 0.264
201601 0.224 99.957 0.303
201604 0.208 100.947 0.279
201607 0.222 101.524 0.296
201610 0.240 101.988 0.319
201701 0.252 102.456 0.333
201704 0.260 103.167 0.341
201707 0.261 103.278 0.342
201710 0.269 104.070 0.350
201801 0.277 104.578 0.358
201804 0.296 105.708 0.379
201807 0.324 106.324 0.412
201810 0.327 106.695 0.415
201901 0.356 106.200 0.454
201904 0.367 107.818 0.461
201907 0.384 108.250 0.480
201910 0.394 108.577 0.491
202001 0.405 108.841 0.504
202004 0.436 108.173 0.546
202007 0.439 109.318 0.544
202010 0.444 109.861 0.547
202101 0.458 110.364 0.562
202104 0.462 112.673 0.555
202107 0.487 115.183 0.572
202110 0.496 116.696 0.575
202201 0.536 118.619 0.612
202204 0.544 121.978 0.604
202207 0.581 125.002 0.629
202210 0.625 125.734 0.673
202301 0.665 126.223 0.713
202304 0.655 127.992 0.693
202307 0.671 128.974 0.704
202310 0.710 129.810 0.740
202401 0.740 130.124 0.770
202404 0.738 132.289 0.755
202407 0.765 132.708 0.780
202410 0.784 133.182 0.797
202501 0.862 134.029 0.870
202504 0.825 135.347 0.825

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


Salesforce  (NEOE:CRM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.39/2.15
=9.95

* 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 Salesforce was 23.05. The lowest was 6.79. And the median was 14.94.


Be Aware

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


Salesforce Cyclically Adjusted Revenue per Share Related Terms

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


Salesforce Business Description

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Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.