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Methanex (Methanex) Cyclically Adjusted Revenue per Share : $46.74 (As of Mar. 2024)


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What is Methanex 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.

Methanex's adjusted revenue per share for the three months ended in Mar. 2024 was $13.554. 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 $46.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Methanex's average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 Methanex was 12.90% per year. The lowest was 4.80% per year. And the median was 9.00% per year.

As of today (2024-05-22), Methanex's current stock price is $53.46. Methanex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $46.74. Methanex's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Methanex was 3.23. The lowest was 0.36. And the median was 1.49.


Methanex Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Methanex'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.

Methanex Cyclically Adjusted Revenue per Share Chart

Methanex 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 31.41 34.03 39.01 42.12 47.00

Methanex 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 43.67 45.79 45.41 47.00 46.74

Competitive Comparison of Methanex's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Methanex'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.


Methanex's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Methanex 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, Methanex'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)
=13.554/126.2576*126.2576
=13.554

Current CPI (Mar. 2024) = 126.2576.

Methanex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.131 99.473 10.320
201409 7.702 99.394 9.784
201412 7.612 98.367 9.770
201503 6.259 99.789 7.919
201506 6.984 100.500 8.774
201509 5.811 100.421 7.306
201512 5.372 99.947 6.786
201603 4.844 101.054 6.052
201606 5.206 102.002 6.444
201609 5.680 101.765 7.047
201612 6.520 101.449 8.114
201703 9.018 102.634 11.094
201706 7.599 103.029 9.312
201709 8.386 103.345 10.245
201712 10.260 103.345 12.535
201803 11.431 105.004 13.745
201806 11.622 105.557 13.901
201809 13.152 105.636 15.719
201812 19.388 105.399 23.225
201903 11.666 106.979 13.768
201906 11.026 107.690 12.927
201909 10.036 107.611 11.775
201912 10.090 107.769 11.821
202003 9.779 107.927 11.440
202006 6.723 108.401 7.830
202009 7.628 108.164 8.904
202012 10.648 108.559 12.384
202103 13.297 110.298 15.221
202106 13.988 111.720 15.808
202109 14.146 112.905 15.819
202112 16.519 113.774 18.332
202203 15.915 117.646 17.080
202206 15.721 120.806 16.430
202209 14.381 120.648 15.050
202212 14.138 120.964 14.757
202303 15.096 122.702 15.533
202306 13.835 124.203 14.064
202309 12.218 125.230 12.318
202312 13.690 125.072 13.820
202403 13.554 126.258 13.554

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


Methanex  (NAS:MEOH) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=53.46/46.74
=1.14

* 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 Methanex was 3.23. The lowest was 0.36. And the median was 1.49.


Be Aware

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


Methanex Cyclically Adjusted Revenue per Share Related Terms

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


Methanex (Methanex) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Methanex Corp (NAS:MEOH) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.
Executives
M&g Investment Management Ltd 10 percent owner 10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG