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CRM (Salesforce) Cyclically Adjusted Revenue per Share : $26.36 (As of Jan. 2025)


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What is Salesforce 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.

Salesforce's adjusted revenue per share for the three months ended in Jan. 2025 was $10.291. 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 $26.36 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Salesforce's average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 21.90% 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 Salesforce was 28.10% per year. The lowest was 17.80% per year. And the median was 22.25% per year.

As of today (2025-04-25), Salesforce's current stock price is $267.85. Salesforce's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 was $26.36. Salesforce's Cyclically Adjusted PS Ratio of today is 10.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salesforce was 23.05. The lowest was 6.79. And the median was 15.15.


Salesforce Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Salesforce'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.

Salesforce Cyclically Adjusted Revenue per Share Chart

Salesforce Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.88 16.11 19.63 22.91 26.36

Salesforce Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 22.91 23.95 24.71 25.48 26.36

Competitive Comparison of Salesforce's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Salesforce'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.


Salesforce's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Salesforce's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Salesforce 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, Salesforce's adjusted Revenue per Share data for the three months ended in Jan. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=10.291/134.0288*134.0288
=10.291

Current CPI (Jan. 2025) = 134.0288.

Salesforce Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201504 2.275 99.824 3.055
201507 2.479 100.691 3.300
201510 2.578 100.346 3.443
201601 2.704 99.957 3.626
201604 2.791 100.947 3.706
201607 2.926 101.524 3.863
201610 3.106 101.988 4.082
201701 3.289 102.456 4.303
201704 3.320 103.167 4.313
201707 3.535 103.278 4.588
201710 3.660 104.070 4.714
201801 3.820 104.578 4.896
201804 3.987 105.708 5.055
201807 4.239 106.324 5.344
201810 4.321 106.695 5.428
201901 4.596 106.200 5.800
201904 4.712 107.818 5.857
201907 5.028 108.250 6.225
201910 5.134 108.577 6.337
202001 5.313 108.841 6.543
202004 5.329 108.173 6.603
202007 5.587 109.318 6.850
202010 5.771 109.861 7.041
202101 6.175 110.364 7.499
202104 6.344 112.673 7.546
202107 6.674 115.183 7.766
202110 6.856 116.696 7.874
202201 7.297 118.619 8.245
202204 7.404 121.978 8.135
202207 7.712 125.002 8.269
202210 7.837 125.734 8.354
202301 8.512 126.223 9.038
202304 8.347 127.992 8.741
202307 8.725 128.974 9.067
202310 8.889 129.810 9.178
202401 9.467 130.124 9.751
202404 9.272 132.289 9.394
202407 9.584 132.708 9.679
202410 9.787 133.182 9.849
202501 10.291 134.029 10.291

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


Salesforce  (NYSE:CRM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=267.85/26.36
=10.16

* 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 Salesforce was 23.05. The lowest was 6.79. And the median was 15.15.


Be Aware

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


Salesforce Cyclically Adjusted Revenue per Share Related Terms

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


Salesforce Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Salesforce Inc (NYSE:CRM) » Definitions » Cyclically Adjusted Revenue per Share
Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Executives
Parker Harris director, officer: Co-Founder and CTO THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Sundeep G. Reddy officer: EVP & Chief Accounting Officer 6555 NORTH STATE HWY 161, IRVING TX 75039
Srinivas Tallapragada officer: President, Technology THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Oscar Munoz director
Sabastian Niles officer: President and CLO 415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Miguel Milano officer: President and CRO 415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Brian Millham officer: President and COO 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 90403
Amy E Weaver officer: EVP, General Counsel THE LANDMARK @ ONE MARKET STREET #300, SAN FRANCISCO CA 94105
Robin L Washington director 333 LAKESIDE DRIVE, FOSTER CITY CA 94404
G Mason Morfit director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Marc Benioff director, officer: Chairman of the Board & CEO 50 FREMONT STREET, SAN FRANCISCO CA 94105
Webb Maynard G Jr director 16541 CYPRESS WAY, LOS GATOS CA 95030
Craig Conway director SALESFORCE TOWER, 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Brent Hyder officer: President/Chief People Officer 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Neelie Kroes director VAN BRONCKHORSTLAAN, 2242 PZ WASSENAAR, NETHERLANDS P8 99999