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Ballard Power Systems (XTER:PO0) Cyclically Adjusted Revenue per Share : €0.47 (As of Mar. 2024)


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What is Ballard Power Systems 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.

Ballard Power Systems's adjusted revenue per share for the three months ended in Mar. 2024 was €0.044. 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 €0.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ballard Power Systems's average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Ballard Power Systems was 4.30% per year. The lowest was -10.90% per year. And the median was -0.50% per year.

As of today (2024-06-01), Ballard Power Systems's current stock price is €2.836. Ballard Power Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.47. Ballard Power Systems's Cyclically Adjusted PS Ratio of today is 6.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ballard Power Systems was 72.62. The lowest was 1.87. And the median was 6.47.


Ballard Power Systems Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Cyclically Adjusted Revenue per Share Chart

Ballard Power Systems 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 0.04 0.01 0.44 0.47 0.47

Ballard Power Systems 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 0.47 0.47 0.46 0.47 0.47

Competitive Comparison of Ballard Power Systems's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Ballard Power Systems'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.


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

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

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



Ballard Power Systems 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, Ballard Power Systems'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)
=0.044/126.2576*126.2576
=0.044

Current CPI (Mar. 2024) = 126.2576.

Ballard Power Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.104 99.473 0.132
201409 0.121 99.394 0.154
201412 0.096 98.367 0.123
201503 0.064 99.789 0.081
201506 0.075 100.500 0.094
201509 0.101 100.421 0.127
201512 0.118 99.947 0.149
201603 0.093 101.054 0.116
201606 0.100 102.002 0.124
201609 0.111 101.765 0.138
201612 0.166 101.449 0.207
201703 0.121 102.634 0.149
201706 0.134 103.029 0.164
201709 0.151 103.345 0.184
201712 0.191 103.345 0.233
201803 0.091 105.004 0.109
201806 0.127 105.557 0.152
201809 0.103 105.636 0.123
201812 0.121 105.399 0.145
201903 0.061 106.979 0.072
201906 0.090 107.690 0.106
201909 0.096 107.611 0.113
201912 0.161 107.769 0.189
202003 0.092 107.927 0.108
202006 0.094 108.401 0.109
202009 0.088 108.164 0.103
202012 0.087 108.559 0.101
202103 0.051 110.298 0.058
202106 0.070 111.720 0.079
202109 0.072 112.905 0.081
202112 0.109 113.774 0.121
202203 0.064 117.646 0.069
202206 0.066 120.806 0.069
202209 0.072 120.648 0.075
202212 0.059 120.964 0.062
202303 0.041 122.702 0.042
202306 0.047 124.203 0.048
202309 0.087 125.230 0.088
202312 0.142 125.072 0.143
202403 0.044 126.258 0.044

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


Ballard Power Systems  (XTER:PO0) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.836/0.47
=6.03

* 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 Ballard Power Systems was 72.62. The lowest was 1.87. And the median was 6.47.


Be Aware

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


Ballard Power Systems Cyclically Adjusted Revenue per Share Related Terms

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


Ballard Power Systems (XTER:PO0) Business Description

Traded in Other Exchanges
Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.

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