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Guangzhou Rural Commercial Bank Co (HKSE:01551) Cyclically Adjusted Revenue per Share : HK$2.31 (As of Dec. 2023)


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What is Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was HK$1.667. 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 HK$2.31 for the trailing ten years ended in Dec. 2023.

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 (2024-05-24), Guangzhou Rural Commercial Bank Co's current stock price is HK$ 2.17. Guangzhou Rural Commercial Bank Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was HK$2.31. Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio of today is 0.94.

During the past 10 years, the highest Cyclically Adjusted PS Ratio of Guangzhou Rural Commercial Bank Co was 0.91. The lowest was 0.61. And the median was 0.73.


Guangzhou Rural Commercial Bank Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co Cyclically Adjusted Revenue per Share Chart

Guangzhou Rural Commercial Bank 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 - - - - 2.31

Guangzhou Rural Commercial Bank Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 2.31

Competitive Comparison of Guangzhou Rural Commercial Bank Co's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Guangzhou Rural Commercial Bank 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.


Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio falls into.



Guangzhou Rural Commercial Bank 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, Guangzhou Rural Commercial Bank Co's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.667/117.2957*117.2957
=1.667

Current CPI (Dec. 2023) = 117.2957.

Guangzhou Rural Commercial Bank Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.824 99.707 2.146
201512 2.032 102.015 2.336
201612 1.781 103.225 2.024
201712 1.769 104.984 1.976
201812 2.360 107.622 2.572
201912 2.540 110.700 2.691
202012 2.477 109.711 2.648
202112 2.756 112.349 2.877
202212 2.096 114.548 2.146
202312 1.667 117.296 1.667

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


Guangzhou Rural Commercial Bank Co  (HKSE:01551) 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.

Guangzhou Rural Commercial Bank Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.17/2.31
=0.94

* 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 10 years, the highest Cyclically Adjusted PS Ratio of Guangzhou Rural Commercial Bank Co was 0.91. The lowest was 0.61. And the median was 0.73.


Be Aware

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


Guangzhou Rural Commercial Bank Co Cyclically Adjusted Revenue per Share Related Terms

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


Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.
Executives
Harvest Fund Management Co., Ltd.
China Credit Trust Co., Ltd.
Guang Zhou Shi Jian She Tou Zi Fa Zhan You Xian Gong Si 2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Goncius I Limited 2101 Beneficial owner
Guang Zhou Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Guangzhou Finance Holdings (hk) Company Limited 2101 Beneficial owner
Guang Rong Finance Company Limited 2101 Beneficial owner
Manureen Investment Limited 2101 Beneficial owner
Lin Xiaohui 2201 Interest of corporation controlled by you
Su Jiaohua 2202 Interest of your spouse
Lead Straight Limited 2101 Beneficial owner
Grandbuy International Trade (hk) Limited 2101 Beneficial owner
Guang Zhou Bai Huo Qi Ye Ji Tuan You Xian Gong Si 2101 Beneficial owner
Lei Manying 2201 Interest of corporation controlled by you

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