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Electrovaya (TSX:ELVA) Cyclically Adjusted Revenue per Share : C$0.90 (As of Sep. 2023)


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What is Electrovaya 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.

Electrovaya's adjusted revenue per share for the three months ended in Sep. 2023 was C$0.525. 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$0.90 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Electrovaya's average Cyclically Adjusted Revenue Growth Rate was 23.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Electrovaya was 13.90% per year. The lowest was 0.90% per year. And the median was 6.70% per year.

As of today (2024-04-29), Electrovaya's current stock price is C$4.32. Electrovaya's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was C$0.90. Electrovaya's Cyclically Adjusted PS Ratio of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Electrovaya was 31.21. The lowest was 1.10. And the median was 6.87.


Electrovaya Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Electrovaya'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.

Electrovaya Cyclically Adjusted Revenue per Share Chart

Electrovaya Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.71 0.70 0.73 0.90

Electrovaya Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.73 0.75 0.80 0.85 0.90

Competitive Comparison of Electrovaya's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Electrovaya'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.


Electrovaya's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Electrovaya 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, Electrovaya's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.525/125.2304*125.2304
=0.525

Current CPI (Sep. 2023) = 125.2304.

Electrovaya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.135 96.945 0.174
201403 0.143 98.604 0.182
201406 0.158 99.473 0.199
201409 0.120 99.394 0.151
201412 0.021 98.367 0.027
201503 0.046 99.789 0.058
201506 0.455 100.500 0.567
201509 0.800 100.421 0.998
201512 0.698 99.947 0.875
201603 0.351 101.054 0.435
201606 0.193 102.002 0.237
201609 0.331 101.765 0.407
201612 0.056 101.449 0.069
201703 0.025 102.634 0.031
201706 0.078 103.029 0.095
201709 0.013 103.345 0.016
201712 0.051 103.345 0.062
201803 0.218 105.004 0.260
201806 0.026 105.557 0.031
201809 0.077 105.636 0.091
201812 0.128 105.399 0.152
201903 0.078 106.979 0.091
201906 0.072 107.690 0.084
201909 0.002 107.611 0.002
201912 0.051 107.769 0.059
202003 0.122 107.927 0.142
202006 0.210 108.401 0.243
202009 0.311 108.164 0.360
202012 0.125 108.559 0.144
202103 0.125 110.298 0.142
202106 0.082 111.720 0.092
202109 0.110 112.905 0.122
202112 0.055 113.774 0.061
202203 0.185 117.646 0.197
202206 0.188 120.806 0.195
202209 0.262 120.648 0.272
202212 0.326 120.964 0.337
202303 0.426 122.702 0.435
202306 0.406 124.203 0.409
202309 0.525 125.230 0.525

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


Electrovaya  (TSX:ELVA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.32/0.9
=4.80

* 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 Electrovaya was 31.21. The lowest was 1.10. And the median was 6.87.


Be Aware

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


Electrovaya Cyclically Adjusted Revenue per Share Related Terms

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


Electrovaya (TSX:ELVA) Business Description

Industry
Traded in Other Exchanges
Address
6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.