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Plug Power (Plug Power) Cyclically Adjusted Revenue per Share : $0.82 (As of Dec. 2023)


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What is Plug Power 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.

Plug Power's adjusted revenue per share for the three months ended in Dec. 2023 was $0.369. 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 $0.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Plug Power's average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% 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 Plug Power was 6.40% per year. The lowest was -12.10% per year. And the median was -9.10% per year.

As of today (2024-04-27), Plug Power's current stock price is $2.41. Plug Power's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.82. Plug Power's Cyclically Adjusted PS Ratio of today is 2.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Plug Power was 98.34. The lowest was 0.09. And the median was 2.85.


Plug Power Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Plug Power'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.

Plug Power Cyclically Adjusted Revenue per Share Chart

Plug Power 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 0.85 0.68 0.64 0.69 0.82

Plug Power 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 0.69 0.72 0.76 0.79 0.82

Competitive Comparison of Plug Power's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Plug Power'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.


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

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

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



Plug Power 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, Plug Power'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)
=0.369/129.4194*129.4194
=0.369

Current CPI (Dec. 2023) = 129.4194.

Plug Power Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.042 99.695 0.055
201406 0.098 100.560 0.126
201409 0.117 100.428 0.151
201412 0.124 99.070 0.162
201503 0.054 99.621 0.070
201506 0.138 100.684 0.177
201509 0.177 100.392 0.228
201512 0.213 99.792 0.276
201603 0.085 100.470 0.109
201606 0.113 101.688 0.144
201609 0.097 101.861 0.123
201612 0.162 101.863 0.206
201703 0.080 102.862 0.101
201706 0.103 103.349 0.129
201709 0.153 104.136 0.190
201712 0.136 104.011 0.169
201803 0.116 105.290 0.143
201806 0.164 106.317 0.200
201809 0.243 106.507 0.295
201812 0.272 105.998 0.332
201903 0.098 107.251 0.118
201906 0.249 108.070 0.298
201909 0.251 108.329 0.300
201912 0.351 108.420 0.419
202003 0.134 108.902 0.159
202006 0.215 108.767 0.256
202009 0.289 109.815 0.341
202012 -0.725 109.897 -0.854
202103 0.140 111.754 0.162
202106 0.220 114.631 0.248
202109 0.251 115.734 0.281
202112 0.281 117.630 0.309
202203 0.244 121.301 0.260
202206 0.262 125.017 0.271
202209 0.326 125.227 0.337
202212 0.378 125.222 0.391
202303 0.357 127.348 0.363
202306 0.435 128.729 0.437
202309 0.331 129.860 0.330
202312 0.369 129.419 0.369

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


Plug Power  (NAS:PLUG) 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.

Plug Power's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.41/0.82
=2.94

* 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 Plug Power was 98.34. The lowest was 0.09. And the median was 2.85.


Be Aware

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


Plug Power Cyclically Adjusted Revenue per Share Related Terms

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


Plug Power (Plug Power) Business Description

Industry
Address
968 Albany Shaker Road, Latham, NY, USA, 12110
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Executives
Jose Luis Crespo officer: GM, MATL Handling, Key Accts C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Mark J Bonney director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 74204
Patrick Joggerst director C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERSBURG MD 20878
David Mindnich officer: EVP, Global Manufacturing C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Keith Schmidt officer: GM New Mkts & Pres New Prd Dv C/O CHELSEA THERAPEUTICS, INC., 13950 BALLANTYNE CORPORATE PL, UNIT 325, CHARLOTTE NC 28277
Jean A Bua director
Kavita Mahtani director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Dirk Ole Hoefelmann officer: GM, Electrolyzer Solutions C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Sanjay K Shrestha officer: Chief Strategy Officer 968 ALBANY SHAKER RD, LATHAM NY 12110
Kyungyeol Song director C/O GROVE ENERGY CAPITAL LLC, 55 EAST 59TH ST. 11TH FL., NEW YORK NY 10022
Kim Harriman director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Andrew Marsh director, officer: President & CEO 968 ALBANY SHAKER ROAD, LATHAM NY 12110
George C Mcnamee director, officer: Chairman of the Board FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990
Jonathan M Silver director 3027 N STREET NW, WASHINGTON DC 20007
Conway Gerard L Jr officer: General Counsel 968 ALBANY-SHAKER ROAD, LATHAM NY 12110