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Sunac China Holdings (HKSE:01918) Cyclically Adjusted Revenue per Share : HK$29.72 (As of Dec. 2023)


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What is Sunac China Holdings 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.

Sunac China Holdings's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was HK$30.258. 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$29.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sunac China Holdings's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.00% 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 Sunac China Holdings was 32.40% per year. The lowest was 11.20% per year. And the median was 20.60% per year.

As of today (2024-05-24), Sunac China Holdings's current stock price is HK$ 1.51. Sunac China Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was HK$29.72. Sunac China Holdings's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sunac China Holdings was 4.01. The lowest was 0.03. And the median was 0.88.


Sunac China Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sunac China Holdings'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.

Sunac China Holdings Cyclically Adjusted Revenue per Share Chart

Sunac China Holdings 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 16.02 21.60 26.64 28.10 29.72

Sunac China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 26.64 - 28.10 - 29.72

Competitive Comparison of Sunac China Holdings's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Sunac China Holdings'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.


Sunac China Holdings's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunac China Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sunac China Holdings 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, Sunac China Holdings'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)
=30.258/114.7809*114.7809
=30.258

Current CPI (Dec. 2023) = 114.7809.

Sunac China Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.281 99.000 10.760
201512 8.065 100.600 9.202
201612 11.347 102.600 12.694
201712 19.177 104.500 21.064
201812 31.969 106.500 34.455
201912 42.824 111.200 44.203
202012 59.380 111.500 61.127
202112 52.520 113.108 53.297
202212 20.166 115.116 20.107
202312 30.258 114.781 30.258

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


Sunac China Holdings  (HKSE:01918) 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.

Sunac China Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.51/29.72
=0.05

* 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 Sunac China Holdings was 4.01. The lowest was 0.03. And the median was 0.88.


Be Aware

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


Sunac China Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Sunac China Holdings (HKSE:01918) Business Description

Industry
Traded in Other Exchanges
Address
No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381
Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Am Asia Strategies Master Fund Lp 2101 Beneficial owner
Sun Hongbin 2307 Founder of a discretionary trust who can infl
Sunac International Investment Holdings Ltd 2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren 2201 Interest of corporation controlled by you

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