GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (STU:L5A) » Definitions » Cyclically Adjusted Revenue per Share

Canadian Solar (STU:L5A) Cyclically Adjusted Revenue per Share : €72.38 (As of Mar. 2024)


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

What is Canadian Solar 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.

Canadian Solar's adjusted revenue per share for the three months ended in Mar. 2024 was €18.348. 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 €72.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Solar's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.80% 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 Canadian Solar was 21.70% per year. The lowest was 7.90% per year. And the median was 12.10% per year.

As of today (2024-05-28), Canadian Solar's current stock price is €16.665. Canadian Solar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €72.38. Canadian Solar's Cyclically Adjusted PS Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Solar was 2.06. The lowest was 0.18. And the median was 0.51.


Canadian Solar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canadian Solar'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.

Canadian Solar Cyclically Adjusted Revenue per Share Chart

Canadian Solar 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 44.18 42.36 49.27 64.87 69.13

Canadian Solar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 64.93 64.46 71.55 69.13 72.38

Competitive Comparison of Canadian Solar's Cyclically Adjusted Revenue per Share

For the Solar subindustry, Canadian Solar'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.


Canadian Solar's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Canadian Solar 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, Canadian Solar's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.348/126.2576*126.2576
=18.348

Current CPI (Mar. 2024) = 126.2576.

Canadian Solar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.644 99.473 9.702
201409 11.779 99.394 14.963
201412 12.859 98.367 16.505
201503 13.205 99.789 16.708
201506 9.912 100.500 12.452
201509 12.566 100.421 15.799
201512 16.911 99.947 21.363
201603 11.206 101.054 14.001
201606 11.751 102.002 14.545
201609 10.050 101.765 12.469
201612 10.961 101.449 13.641
201703 10.946 102.634 13.466
201706 9.931 103.029 12.170
201709 12.910 103.345 15.772
201712 13.315 103.345 16.267
201803 18.653 105.004 22.429
201806 9.405 105.557 11.249
201809 10.626 105.636 12.700
201812 12.600 105.399 15.094
201903 7.242 106.979 8.547
201906 15.219 107.690 17.843
201909 11.339 107.611 13.304
201912 13.703 107.769 16.054
202003 12.436 107.927 14.548
202006 10.334 108.401 12.036
202009 12.762 108.164 14.897
202012 13.990 108.559 16.271
202103 13.550 110.298 15.511
202106 19.345 111.720 21.862
202109 14.959 112.905 16.728
202112 19.189 113.774 21.294
202203 17.542 117.646 18.826
202206 30.789 120.806 32.178
202209 27.335 120.648 28.606
202212 26.096 120.964 27.238
202303 22.247 122.702 22.892
202306 30.437 124.203 30.940
202309 23.720 125.230 23.915
202312 21.511 125.072 21.715
202403 18.348 126.258 18.348

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


Canadian Solar  (STU:L5A) 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.

Canadian Solar's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.665/72.38
=0.23

* 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 Canadian Solar was 2.06. The lowest was 0.18. And the median was 0.51.


Be Aware

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


Canadian Solar Cyclically Adjusted Revenue per Share Related Terms

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


Canadian Solar (STU:L5A) Business Description

Industry
Traded in Other Exchanges
Address
545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.

Canadian Solar (STU:L5A) Headlines

No Headlines