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Daqo New Energy (Daqo New Energy) Cyclically Adjusted Revenue per Share : $15.25 (As of Dec. 2023)


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What is Daqo New Energy 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.

Daqo New Energy's adjusted revenue per share for the three months ended in Dec. 2023 was $6.825. 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 $15.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daqo New Energy's average Cyclically Adjusted Revenue Growth Rate was 20.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% 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 Daqo New Energy was 17.10% per year. The lowest was -20.70% per year. And the median was -3.90% per year.

As of today (2024-04-28), Daqo New Energy's current stock price is $23.74. Daqo New Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.25. Daqo New Energy's Cyclically Adjusted PS Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Daqo New Energy was 13.05. The lowest was 0.26. And the median was 2.49.


Daqo New Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Daqo New Energy'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.

Daqo New Energy Cyclically Adjusted Revenue per Share Chart

Daqo New Energy 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 14.21 9.49 7.94 12.62 15.25

Daqo New Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.62 13.47 14.13 14.78 15.25

Competitive Comparison of Daqo New Energy's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.


Daqo New Energy's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Daqo New Energy 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, Daqo New Energy's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.825/114.6694*114.6694
=6.825

Current CPI (Dec. 2023) = 114.6694.

Daqo New Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.192 98.600 1.386
201406 1.097 98.200 1.281
201409 1.035 98.900 1.200
201412 1.082 99.000 1.253
201503 0.842 99.900 0.966
201506 0.654 99.500 0.754
201509 0.876 100.500 1.000
201512 1.122 100.600 1.279
201603 1.093 102.200 1.226
201606 1.340 101.400 1.515
201609 1.020 102.400 1.142
201612 0.867 102.600 0.969
201703 1.568 103.200 1.742
201706 1.423 103.100 1.583
201709 1.340 104.100 1.476
201712 1.856 104.500 2.037
201803 1.687 105.300 1.837
201806 0.942 104.900 1.030
201809 1.002 106.600 1.078
201812 1.124 106.500 1.210
201903 1.181 107.700 1.257
201906 0.947 107.700 1.008
201909 1.108 109.800 1.157
201912 1.666 111.200 1.718
202003 2.212 112.300 2.259
202006 1.751 110.400 1.819
202009 1.638 111.700 1.682
202012 3.257 111.500 3.350
202103 3.337 112.662 3.396
202106 5.755 111.769 5.904
202109 7.639 112.215 7.806
202112 5.156 113.108 5.227
202203 16.707 114.335 16.756
202206 16.208 114.558 16.224
202209 15.911 115.339 15.819
202212 10.664 115.116 10.623
202303 9.004 115.116 8.969
202306 8.266 114.558 8.274
202309 6.538 115.339 6.500
202312 6.825 114.669 6.825

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


Daqo New Energy  (NYSE:DQ) 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.

Daqo New Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.74/15.25
=1.56

* 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 Daqo New Energy was 13.05. The lowest was 0.26. And the median was 2.49.


Be Aware

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


Daqo New Energy Cyclically Adjusted Revenue per Share Related Terms

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


Daqo New Energy (Daqo New Energy) Business Description

Industry
Traded in Other Exchanges
Address
No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.