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Ormat Technologies (XTAE:ORA) Cyclically Adjusted Revenue per Share : ₪57.83 (As of Mar. 2024)


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What is Ormat Technologies 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.

Ormat Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was ₪13.773. 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 ₪57.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ormat Technologies's average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% 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 Ormat Technologies was 6.20% per year. The lowest was 4.40% per year. And the median was 5.50% per year.

As of today (2024-06-01), Ormat Technologies's current stock price is ₪274.10. Ormat Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪57.83. Ormat Technologies's Cyclically Adjusted PS Ratio of today is 4.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ormat Technologies was 8.82. The lowest was 2.58. And the median was 4.76.


Ormat Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ormat Technologies'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.

Ormat Technologies Cyclically Adjusted Revenue per Share Chart

Ormat Technologies 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 45.18 43.86 43.52 54.77 57.19

Ormat Technologies 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 55.88 57.80 60.49 57.19 57.83

Competitive Comparison of Ormat Technologies's Cyclically Adjusted Revenue per Share

For the Utilities - Renewable subindustry, Ormat Technologies'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.


Ormat Technologies's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ormat Technologies 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, Ormat Technologies'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)
=13.773/131.7762*131.7762
=13.773

Current CPI (Mar. 2024) = 131.7762.

Ormat Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.326 100.560 13.532
201409 11.315 100.428 14.847
201412 12.151 99.070 16.162
201503 9.301 99.621 12.303
201506 10.327 100.684 13.516
201509 11.851 100.392 15.556
201512 12.963 99.792 17.118
201603 11.326 100.470 14.855
201606 11.859 101.688 15.368
201609 13.655 101.861 17.665
201612 12.321 101.863 15.939
201703 13.989 102.862 17.921
201706 13.178 103.349 16.803
201709 11.494 104.136 14.545
201712 12.117 104.011 15.352
201803 13.407 105.290 16.780
201806 13.014 106.317 16.130
201809 12.150 106.507 15.033
201812 13.912 105.998 17.295
201903 14.512 107.251 17.831
201906 13.399 108.070 16.338
201909 12.354 108.329 15.028
201912 13.889 108.420 16.881
202003 13.868 108.902 16.781
202006 12.666 108.767 15.345
202009 11.528 109.815 13.833
202012 12.450 109.897 14.929
202103 10.906 111.754 12.860
202106 9.702 114.631 11.153
202109 10.494 115.734 11.949
202112 12.602 117.630 14.118
202203 12.123 121.301 13.170
202206 11.131 125.017 11.733
202209 11.587 125.227 12.193
202212 13.509 125.222 14.216
202303 12.065 127.348 12.485
202306 11.949 128.729 12.232
202309 12.776 129.860 12.965
202312 14.821 129.419 15.091
202403 13.773 131.776 13.773

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


Ormat Technologies  (XTAE:ORA) 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.

Ormat Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=274.10/57.83
=4.74

* 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 Ormat Technologies was 8.82. The lowest was 2.58. And the median was 4.76.


Be Aware

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


Ormat Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Ormat Technologies (XTAE:ORA) Business Description

Traded in Other Exchanges
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. 2) Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.