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Albemarle (WBO:ALBE) Cyclically Adjusted Revenue per Share : €40.36 (As of Dec. 2023)


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What is Albemarle 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.

Albemarle's adjusted revenue per share for the three months ended in Dec. 2023 was €18.361. 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 €40.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Albemarle's average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Albemarle was 13.50% per year. The lowest was 0.90% per year. And the median was 8.30% per year.

As of today (2024-04-27), Albemarle's current stock price is €108.46. Albemarle's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €40.36. Albemarle's Cyclically Adjusted PS Ratio of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Albemarle was 9.06. The lowest was 1.45. And the median was 2.95.


Albemarle Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Albemarle'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.

Albemarle Cyclically Adjusted Revenue per Share Chart

Albemarle 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 27.44 25.45 28.62 35.01 40.36

Albemarle 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 35.01 36.53 37.08 41.03 40.36

Competitive Comparison of Albemarle's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Albemarle'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.


Albemarle's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Albemarle's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Albemarle 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, Albemarle'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)
=18.361/129.4194*129.4194
=18.361

Current CPI (Dec. 2023) = 129.4194.

Albemarle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.413 99.695 7.027
201406 5.627 100.560 7.242
201409 6.338 100.428 8.168
201412 6.180 99.070 8.073
201503 7.534 99.621 9.788
201506 5.683 100.684 7.305
201509 5.488 100.392 7.075
201512 5.891 99.792 7.640
201603 5.233 100.470 6.741
201606 5.264 101.688 6.700
201609 5.136 101.861 6.526
201612 5.816 101.863 7.389
201703 5.959 102.862 7.498
201706 5.853 103.349 7.329
201709 5.656 104.136 7.029
201712 6.463 104.011 8.042
201803 5.957 105.290 7.322
201806 6.605 106.317 8.040
201809 6.154 106.507 7.478
201812 7.571 105.998 9.244
201903 6.924 107.251 8.355
201906 7.367 108.070 8.822
201909 7.515 108.329 8.978
201912 8.403 108.420 10.031
202003 6.278 108.902 7.461
202006 6.369 108.767 7.578
202009 5.933 109.815 6.992
202012 6.734 109.897 7.930
202103 6.147 111.754 7.119
202106 5.470 114.631 6.176
202109 6.036 115.734 6.750
202112 6.722 117.630 7.396
202203 8.703 121.301 9.285
202206 11.890 125.017 12.309
202209 17.924 125.227 18.524
202212 20.981 125.222 21.684
202303 20.451 127.348 20.784
202306 18.576 128.729 18.676
202309 18.381 129.860 18.319
202312 18.361 129.419 18.361

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


Albemarle  (WBO:ALBE) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=108.46/40.36
=2.69

* 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 Albemarle was 9.06. The lowest was 1.45. And the median was 2.95.


Be Aware

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


Albemarle Cyclically Adjusted Revenue per Share Related Terms

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


Albemarle (WBO:ALBE) Business Description

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Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

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