GURUFOCUS.COM » STOCK LIST » Technology » Software » Palo Alto Networks Inc (NAS:PANW) » Definitions » Cyclically Adjusted Revenue per Share

Palo Alto Networks (Palo Alto Networks) Cyclically Adjusted Revenue per Share : $13.33 (As of Apr. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Palo Alto Networks 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.

Palo Alto Networks's adjusted revenue per share for the three months ended in Apr. 2024 was $5.597. 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 $13.33 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Palo Alto Networks's average Cyclically Adjusted Revenue Growth Rate was 20.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.00% 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 Palo Alto Networks was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

As of today (2024-05-28), Palo Alto Networks's current stock price is $321.60. Palo Alto Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was $13.33. Palo Alto Networks's Cyclically Adjusted PS Ratio of today is 24.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Palo Alto Networks was 29.68. The lowest was 11.63. And the median was 19.08.


Palo Alto Networks Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Palo Alto Networks'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.

Palo Alto Networks Cyclically Adjusted Revenue per Share Chart

Palo Alto Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.84 7.31 9.58 11.67

Palo Alto Networks Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 11.10 11.67 12.20 12.70 13.33

Competitive Comparison of Palo Alto Networks's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Palo Alto Networks'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.


Palo Alto Networks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Palo Alto Networks 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, Palo Alto Networks's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=5.597/131.7762*131.7762
=5.597

Current CPI (Apr. 2024) = 131.7762.

Palo Alto Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.764 100.520 1.002
201410 0.807 100.176 1.062
201501 0.898 98.604 1.200
201504 0.949 99.824 1.253
201507 1.127 100.691 1.475
201510 1.164 100.346 1.529
201601 1.288 99.957 1.698
201604 1.313 100.947 1.714
201607 1.503 101.524 1.951
201610 1.478 101.988 1.910
201701 1.553 102.456 1.997
201704 1.582 103.167 2.021
201707 1.843 103.278 2.352
201710 1.840 104.070 2.330
201801 1.996 104.578 2.515
201804 2.059 105.708 2.567
201807 2.363 106.324 2.929
201810 2.331 106.695 2.879
201901 2.522 106.200 3.129
201904 2.566 107.818 3.136
201907 2.807 108.250 3.417
201910 2.664 108.577 3.233
202001 2.769 108.841 3.352
202004 2.997 108.173 3.651
202007 3.300 109.318 3.978
202010 3.302 109.861 3.961
202101 3.535 110.364 4.221
202104 3.694 112.673 4.320
202107 4.183 115.183 4.786
202110 4.259 116.696 4.809
202201 4.472 118.619 4.968
202204 4.674 121.978 5.049
202207 5.198 125.002 5.480
202210 4.620 125.734 4.842
202301 4.991 126.223 5.211
202304 4.992 127.992 5.140
202307 5.504 128.974 5.624
202310 5.369 129.810 5.450
202401 5.525 130.124 5.595
202404 5.597 131.776 5.597

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


Palo Alto Networks  (NAS:PANW) 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.

Palo Alto Networks's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=321.60/13.33
=24.13

* 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 Palo Alto Networks was 29.68. The lowest was 11.63. And the median was 19.08.


Be Aware

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


Palo Alto Networks Cyclically Adjusted Revenue per Share Related Terms

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


Palo Alto Networks (Palo Alto Networks) Business Description

Industry
Traded in Other Exchanges
Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.
Executives
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Nir Zuk director, officer: CTO 3000 TANNERY WAY, SANTA CLARA CA 95054
John P. Key director 3000 TANNERY WAY, SANTA CLARA CA 95054
Dipak Golechha officer: EVP, Chief Financial Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Nikesh Arora director, officer: Chief Executive Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Lee Klarich officer: Chief Product Officer 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Josh D. Paul officer: Chief Accounting Officer 3000 TANNERY WAY, SANTA CLARA CA 95054
Jenkins William D Jr officer: President C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054
Aparna Bawa director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark D Mclaughlin director, officer: President & CEO C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
Amit K. Singh officer: President 3000 TANNERY WAY, SANTA CLARA CA 95054
Helene D Gayle director C/O COLGATE PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Jean Compeau officer: Chief Accounting Officer 3000 TANNERY WAY, SANTA CLARA CA 95054