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Tesla (TSLA) Cyclically Adjusted Revenue per Share : $12.33 (As of Mar. 2024)


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What is Tesla 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.

Tesla's adjusted revenue per share for the three months ended in Mar. 2024 was $6.114. 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 $12.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tesla's average Cyclically Adjusted Revenue Growth Rate was 28.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 41.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 39.70% 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 Tesla was 41.10% per year. The lowest was 39.60% per year. And the median was 40.10% per year.

As of today (2024-04-27), Tesla's current stock price is $168.29. Tesla's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.33. Tesla's Cyclically Adjusted PS Ratio of today is 13.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tesla was 74.34. The lowest was 5.06. And the median was 21.48.


Tesla Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tesla'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.

Tesla Cyclically Adjusted Revenue per Share Chart

Tesla 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 3.21 4.19 6.09 8.82 11.76

Tesla 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 9.60 10.39 11.12 11.76 12.33

Competitive Comparison of Tesla's Cyclically Adjusted Revenue per Share

For the Auto Manufacturers subindustry, Tesla'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.


Tesla's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tesla 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, Tesla'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)
=6.114/129.4194*129.4194
=6.114

Current CPI (Mar. 2024) = 129.4194.

Tesla Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.413 100.560 0.532
201409 0.455 100.428 0.586
201412 0.508 99.070 0.664
201503 0.498 99.621 0.647
201506 0.503 100.684 0.647
201509 0.484 100.392 0.624
201512 0.617 99.792 0.800
201603 0.576 100.470 0.742
201606 0.605 101.688 0.770
201609 0.976 101.861 1.240
201612 0.982 101.863 1.248
201703 1.109 102.862 1.395
201706 1.126 103.349 1.410
201709 1.189 104.136 1.478
201712 1.295 104.011 1.611
201803 1.344 105.290 1.652
201806 1.570 106.317 1.911
201809 2.556 106.507 3.106
201812 2.794 105.998 3.411
201903 1.750 107.251 2.112
201906 2.392 108.070 2.865
201909 2.279 108.329 2.723
201912 2.729 108.420 3.258
202003 2.007 108.902 2.385
202006 1.942 108.767 2.311
202009 2.646 109.815 3.118
202012 3.101 109.897 3.652
202103 3.056 111.754 3.539
202106 3.562 114.631 4.022
202109 4.083 115.734 4.566
202112 5.256 117.630 5.783
202203 5.402 121.301 5.764
202206 4.889 125.017 5.061
202209 6.186 125.227 6.393
202212 6.992 125.222 7.226
202303 6.727 127.348 6.836
202306 7.167 128.729 7.205
202309 6.685 129.860 6.662
202312 7.197 129.419 7.197
202403 6.114 129.419 6.114

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


Tesla  (NAS:TSLA) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=168.29/12.33
=13.65

* 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 Tesla was 74.34. The lowest was 5.06. And the median was 21.48.


Be Aware

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


Tesla Cyclically Adjusted Revenue per Share Related Terms

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


Tesla (TSLA) Business Description

Industry
Address
1 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
Executives
Vaibhav Taneja officer: Chief Accounting Officer 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Xiaotong Zhu officer: SVP, Automotive 1 TESLA ROAD, AUSTIN TX 78725
Andrew D Baglino officer: SVP Powertrain and Energy Eng. 3500 DEER CREEK ROAD, FREMONT CA 94538
Zachary Kirkhorn officer: Chief Financial Officer 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kimbal Musk director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Elon Musk director, 10 percent owner, officer: CEO C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Joseph Gebbia director C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Robyn M Denholm director 4150 NETWORK CIRCLE, SANTA CLARA CA 95054
Ira Matthew Ehrenpreis director 100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941
Jerome M Guillen officer: VP Service and Sales Ops 3500 DEER CREEK RD., PALO ALTO CA 94304
Antonio J. Gracias director C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604
Hiromichi Mizuno director 1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012
Lawrence Joseph Ellison director C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Stephen T Jurvetson director 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025

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