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Gohigh Networks Co (SZSE:000851) Cyclically Adjusted Revenue per Share : ¥9.39 (As of Mar. 2024)


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What is Gohigh Networks 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.

Gohigh Networks Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.729. 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 ¥9.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gohigh Networks Co's average Cyclically Adjusted Revenue Growth Rate was -6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Gohigh Networks Co was 37.40% per year. The lowest was -3.50% per year. And the median was 14.10% per year.

As of today (2024-05-20), Gohigh Networks Co's current stock price is ¥2.60. Gohigh Networks Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.39. Gohigh Networks Co's Cyclically Adjusted PS Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gohigh Networks Co was 3.23. The lowest was 0.31. And the median was 0.69.


Gohigh Networks Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gohigh Networks 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.

Gohigh Networks Co Cyclically Adjusted Revenue per Share Chart

Gohigh Networks 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 10.45 10.55 10.42 10.04 9.50

Gohigh Networks 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 10.00 9.81 9.78 9.50 9.39

Competitive Comparison of Gohigh Networks Co's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Gohigh Networks 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.


Gohigh Networks Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gohigh Networks Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gohigh Networks 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, Gohigh Networks 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)
=0.729/115.2271*115.2271
=0.729

Current CPI (Mar. 2024) = 115.2271.

Gohigh Networks Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.716 98.200 2.014
201409 2.152 98.900 2.507
201412 3.490 99.000 4.062
201503 1.793 99.900 2.068
201506 1.802 99.500 2.087
201509 2.167 100.500 2.485
201512 3.210 100.600 3.677
201603 1.773 102.200 1.999
201606 2.411 101.400 2.740
201609 2.947 102.400 3.316
201612 3.275 102.600 3.678
201703 1.981 103.200 2.212
201706 2.303 103.100 2.574
201709 2.611 104.100 2.890
201712 2.942 104.500 3.244
201803 2.529 105.300 2.767
201806 3.121 104.900 3.428
201809 3.326 106.600 3.595
201812 1.297 106.500 1.403
201903 2.251 107.700 2.408
201906 3.318 107.700 3.550
201909 2.743 109.800 2.879
201912 4.269 111.200 4.424
202003 0.938 112.300 0.962
202006 1.974 110.400 2.060
202009 1.482 111.700 1.529
202012 3.339 111.500 3.451
202103 1.516 112.662 1.551
202106 1.727 111.769 1.780
202109 1.761 112.215 1.808
202112 2.880 113.108 2.934
202203 0.895 114.335 0.902
202206 1.438 114.558 1.446
202209 1.043 115.339 1.042
202212 2.573 115.116 2.575
202303 1.065 115.116 1.066
202306 0.996 114.558 1.002
202309 1.626 115.339 1.624
202312 1.422 114.781 1.428
202403 0.729 115.227 0.729

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


Gohigh Networks Co  (SZSE:000851) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.60/9.39
=0.28

* 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 Gohigh Networks Co was 3.23. The lowest was 0.31. And the median was 0.69.


Be Aware

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


Gohigh Networks Co Cyclically Adjusted Revenue per Share Related Terms

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


Gohigh Networks Co (SZSE:000851) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gui'an Comprehensive Bonded Zone, No. 610-210, 6th Floor, Building B, E-Commerce Science and Technology Park, New District, Guizhou Province, Gui'an, CHN, 100083
Gohigh Networks Co Ltd is a China-based company engaged in the manufacture of communication equipment.

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