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BYD Co (FRA:BY6) Cyclically Adjusted Revenue per Share : €8.70 (As of Mar. 2024)


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What is BYD Co 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.

BYD Co's adjusted revenue per share for the three months ended in Mar. 2024 was €5.485. 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 €8.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BYD Co's average Cyclically Adjusted Revenue Growth Rate was 32.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 BYD Co was 26.90% per year. The lowest was 1.20% per year. And the median was 9.90% per year.

As of today (2024-05-21), BYD Co's current stock price is €26.46. BYD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.70. BYD Co's Cyclically Adjusted PS Ratio of today is 3.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BYD Co was 8.25. The lowest was 1.03. And the median was 3.60.


BYD Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for BYD Co'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.

BYD Co Cyclically Adjusted Revenue per Share Chart

BYD Co 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 3.72 3.65 4.47 4.75 8.95

BYD Co 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 6.01 6.91 8.08 8.95 8.70

Competitive Comparison of BYD Co's Cyclically Adjusted Revenue per Share

For the Auto Manufacturers subindustry, BYD Co'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.


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

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

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



BYD Co 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, BYD Co'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)
=5.485/115.2271*115.2271
=5.485

Current CPI (Mar. 2024) = 115.2271.

BYD Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.736 98.200 0.864
201409 0.724 98.900 0.844
201412 0.968 99.000 1.127
201503 0.936 99.900 1.080
201506 0.953 99.500 1.104
201509 0.948 100.500 1.087
201512 1.780 100.600 2.039
201603 1.054 102.200 1.188
201606 1.314 101.400 1.493
201609 1.404 102.400 1.580
201612 1.509 102.600 1.695
201703 0.942 103.200 1.052
201706 1.116 103.100 1.247
201709 1.278 104.100 1.415
201712 1.416 104.500 1.561
201803 0.620 105.300 0.678
201806 1.057 104.900 1.161
201809 1.496 106.600 1.617
201812 2.011 106.500 2.176
201903 1.332 107.700 1.425
201906 1.392 107.700 1.489
201909 0.675 109.800 0.708
201912 1.191 111.200 1.234
202003 0.450 112.300 0.462
202006 1.724 110.400 1.799
202009 1.965 111.700 2.027
202012 2.280 111.500 2.356
202103 1.782 112.662 1.823
202106 2.337 111.769 2.409
202109 2.467 112.215 2.533
202112 3.437 113.108 3.501
202203 3.312 114.335 3.338
202206 4.066 114.558 4.090
202209 5.748 115.339 5.742
202212 7.264 115.116 7.271
202303 5.600 115.116 5.605
202306 6.214 114.558 6.250
202309 7.154 115.339 7.147
202312 7.912 114.781 7.943
202403 5.485 115.227 5.485

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


BYD Co  (FRA:BY6) 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.

BYD Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=26.46/8.7
=3.04

* 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 BYD Co was 8.25. The lowest was 1.03. And the median was 3.60.


Be Aware

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


BYD Co Cyclically Adjusted Revenue per Share Related Terms

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


BYD Co (FRA:BY6) Business Description

Industry
Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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