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Kangmei Pharmaceutical Co (SHSE:600518) Cyclically Adjusted Revenue per Share : ¥2.50 (As of Mar. 2024)


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What is Kangmei Pharmaceutical 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.

Kangmei Pharmaceutical Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.161. 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 ¥2.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kangmei Pharmaceutical Co's average Cyclically Adjusted Revenue Growth Rate was -11.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% 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 Kangmei Pharmaceutical Co was 35.40% per year. The lowest was -7.10% per year. And the median was 16.10% per year.

As of today (2024-06-04), Kangmei Pharmaceutical Co's current stock price is ¥1.87. Kangmei Pharmaceutical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.50. Kangmei Pharmaceutical Co's Cyclically Adjusted PS Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kangmei Pharmaceutical Co was 15.52. The lowest was 0.56. And the median was 3.93.


Kangmei Pharmaceutical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kangmei Pharmaceutical 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.

Kangmei Pharmaceutical Co Cyclically Adjusted Revenue per Share Chart

Kangmei Pharmaceutical 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 3.24 3.22 3.14 2.91 2.58

Kangmei Pharmaceutical 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 2.83 2.75 2.69 2.58 2.50

Competitive Comparison of Kangmei Pharmaceutical Co's Cyclically Adjusted Revenue per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Kangmei Pharmaceutical 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.


Kangmei Pharmaceutical Co's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kangmei Pharmaceutical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kangmei Pharmaceutical 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, Kangmei Pharmaceutical 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)
=0.161/115.2271*115.2271
=0.161

Current CPI (Mar. 2024) = 115.2271.

Kangmei Pharmaceutical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.807 98.200 0.947
201409 0.874 98.900 1.018
201412 0.993 99.000 1.156
201503 1.137 99.900 1.311
201506 0.925 99.500 1.071
201509 0.996 100.500 1.142
201512 1.025 100.600 1.174
201603 1.339 102.200 1.510
201606 1.205 101.400 1.369
201609 1.043 102.400 1.174
201612 0.823 102.600 0.924
201703 1.447 103.200 1.616
201706 1.234 103.100 1.379
201709 1.264 104.100 1.399
201712 -0.264 104.500 -0.291
201803 0.965 105.300 1.056
201806 0.962 104.900 1.057
201809 0.999 106.600 1.080
201812 0.207 106.500 0.224
201903 0.972 107.700 1.040
201906 0.644 107.700 0.689
201909 0.423 109.800 0.444
201912 0.238 111.200 0.247
202003 0.237 112.300 0.243
202006 0.274 110.400 0.286
202009 0.295 111.700 0.304
202012 0.104 111.500 0.107
202103 0.221 112.662 0.226
202106 0.071 111.769 0.073
202109 0.074 112.215 0.076
202112 0.076 113.108 0.077
202203 0.067 114.335 0.068
202206 0.060 114.558 0.060
202209 0.069 115.339 0.069
202212 0.097 115.116 0.097
202303 0.091 115.116 0.091
202306 0.080 114.558 0.080
202309 0.093 115.339 0.093
202312 0.131 114.781 0.132
202403 0.161 115.227 0.161

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


Kangmei Pharmaceutical Co  (SHSE:600518) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.87/2.5
=0.75

* 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 Kangmei Pharmaceutical Co was 15.52. The lowest was 0.56. And the median was 3.93.


Be Aware

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


Kangmei Pharmaceutical Co Cyclically Adjusted Revenue per Share Related Terms

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Kangmei Pharmaceutical Co (SHSE:600518) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Taike Road, Xiameilin, Futian District, Shenzhen, CHN, 518000
Kangmei Pharmaceutical Co Ltd is a pharmaceutical company engaged in the manufacturing, research and marketing of herbal medicine and chemical raw materials.
Executives
Xu Dong Jin Director
Li Jian Hua senior management
Qiu Xi Wei Director
Wang Min senior management
Peng Qin senior management
Ma Xing Tian Director
Lin Guo Xiong senior management
Zhuang Yi Qing senior management
Wen Shao Sheng Supervisors

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