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Element Solutions (Element Solutions) Cyclically Adjusted Revenue per Share : $10.39 (As of Dec. 2023)


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What is Element Solutions 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.

Element Solutions's adjusted revenue per share for the three months ended in Dec. 2023 was $2.371. 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 $10.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Element Solutions's average Cyclically Adjusted Revenue Growth Rate was 2.40% 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.

As of today (2024-04-27), Element Solutions's current stock price is $23.85. Element Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.39. Element Solutions's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Element Solutions was 2.40. The lowest was 1.58. And the median was 1.90.


Element Solutions Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Element Solutions'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.

Element Solutions Cyclically Adjusted Revenue per Share Chart

Element Solutions 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 - - - 10.15 10.39

Element Solutions 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 10.15 10.29 10.37 10.44 10.39

Competitive Comparison of Element Solutions's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Element Solutions 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, Element Solutions'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)
=2.371/129.4194*129.4194
=2.371

Current CPI (Dec. 2023) = 129.4194.

Element Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.714 99.695 2.225
201406 1.470 100.560 1.892
201409 1.289 100.428 1.661
201412 1.631 99.070 2.131
201503 2.787 99.621 3.621
201506 3.502 100.684 4.501
201509 2.832 100.392 3.651
201512 3.387 99.792 4.393
201603 3.590 100.470 4.624
201606 4.014 101.688 5.109
201609 3.367 101.861 4.278
201612 -2.629 101.863 -3.340
201703 3.029 102.862 3.811
201706 3.289 103.349 4.119
201709 1.676 104.136 2.083
201712 1.702 104.011 2.118
201803 1.711 105.290 2.103
201806 1.740 106.317 2.118
201809 1.695 106.507 2.060
201812 1.658 105.998 2.024
201903 1.714 107.251 2.068
201906 1.759 108.070 2.107
201909 1.827 108.329 2.183
201912 1.796 108.420 2.144
202003 1.796 108.902 2.134
202006 1.554 108.767 1.849
202009 1.917 109.815 2.259
202012 2.152 109.897 2.534
202103 2.213 111.754 2.563
202106 2.366 114.631 2.671
202109 2.485 115.734 2.779
202112 2.613 117.630 2.875
202203 2.730 121.301 2.913
202206 2.735 125.017 2.831
202209 2.524 125.227 2.609
202212 2.375 125.222 2.455
202303 2.376 127.348 2.415
202306 2.425 128.729 2.438
202309 2.482 129.860 2.474
202312 2.371 129.419 2.371

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


Element Solutions  (NYSE:ESI) 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.

Element Solutions's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.85/10.39
=2.30

* 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 Element Solutions was 2.40. The lowest was 1.58. And the median was 1.90.


Be Aware

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


Element Solutions Cyclically Adjusted Revenue per Share Related Terms

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


Element Solutions (Element Solutions) Business Description

Industry
Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.
Executives
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Michael Goralski officer: See Remarks 383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Benjamin Gliklich officer: VP Corporate Dev, Finance & IR 245 FREIGHT STREET, WATERBURY CT 06702
Carey J. Dorman officer: Chief Financial Officer C/O ELEMENT SOLUTIONS INC, 383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Martin E Franklin director C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Elyse Napoli Filon director 383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Scot Benson officer: President - Perf. Solutions 245 FREIGHT STREET, WATERBURY CT 06702
Joseph J. D'ambrisi officer: SVP and Head of Electronics 383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Patricia Mount officer: VP, Program Mgt & Integration JARDEN CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Christopher T. Fraser director 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Ashken Ian G H director C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
John Edward Capps officer: EVP, General Counsel & Sec. 2381 EXECUTIVE CENTER DRIVE, BOCA RATON FL 33431
Rakesh Sachdev officer: Chief Executive Officer 3050 SPRUCE STREET, ST LOUIS MO 63103
Pershing Square Capital Management, L.p. director, 10 percent owner 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
John David Tolbert officer: Chief Human Resources Officer 345 S HIGH STREET, STE 201, MUNCIE IN 47305