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China Western Power Industrial Co (SZSE:002630) Cyclically Adjusted Revenue per Share : ¥2.90 (As of Mar. 2024)


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What is China Western Power Industrial 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.

China Western Power Industrial Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.694. 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 ¥2.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Western Power Industrial Co's average Cyclically Adjusted Revenue Growth Rate was -13.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.60% 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 China Western Power Industrial Co was -3.90% per year. The lowest was -7.60% per year. And the median was -5.75% per year.

As of today (2024-05-19), China Western Power Industrial Co's current stock price is ¥2.69. China Western Power Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.90. China Western Power Industrial Co's Cyclically Adjusted PS Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Western Power Industrial Co was 1.18. The lowest was 0.49. And the median was 0.71.


China Western Power Industrial Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Western Power Industrial 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.

China Western Power Industrial Co Cyclically Adjusted Revenue per Share Chart

China Western Power Industrial 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 3.85 3.73 3.60 3.42 2.95

China Western Power Industrial 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 3.34 3.20 3.08 2.95 2.90

Competitive Comparison of China Western Power Industrial Co's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, China Western Power Industrial 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.


China Western Power Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Western Power Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Western Power Industrial Co's Cyclically Adjusted PS Ratio falls into.



China Western Power Industrial 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, China Western Power Industrial 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)
=0.694/115.2271*115.2271
=0.694

Current CPI (Mar. 2024) = 115.2271.

China Western Power Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.553 98.200 0.649
201409 1.104 98.900 1.286
201412 0.866 99.000 1.008
201503 1.053 99.900 1.215
201506 0.914 99.500 1.058
201509 0.851 100.500 0.976
201512 0.842 100.600 0.964
201603 0.760 102.200 0.857
201606 0.667 101.400 0.758
201609 0.628 102.400 0.707
201612 0.826 102.600 0.928
201703 0.782 103.200 0.873
201706 1.557 103.100 1.740
201709 1.104 104.100 1.222
201712 1.057 104.500 1.166
201803 1.349 105.300 1.476
201806 0.767 104.900 0.843
201809 1.001 106.600 1.082
201812 0.188 106.500 0.203
201903 0.839 107.700 0.898
201906 0.638 107.700 0.683
201909 0.616 109.800 0.646
201912 0.970 111.200 1.005
202003 0.641 112.300 0.658
202006 0.349 110.400 0.364
202009 1.279 111.700 1.319
202012 0.102 111.500 0.105
202103 0.369 112.662 0.377
202106 0.163 111.769 0.168
202109 0.179 112.215 0.184
202112 0.573 113.108 0.584
202203 0.199 114.335 0.201
202206 0.065 114.558 0.065
202209 0.142 115.339 0.142
202212 0.322 115.116 0.322
202303 0.134 115.116 0.134
202306 0.378 114.558 0.380
202309 0.653 115.339 0.652
202312 0.388 114.781 0.390
202403 0.694 115.227 0.694

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


China Western Power Industrial Co  (SZSE:002630) 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.

China Western Power Industrial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.69/2.9
=0.93

* 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 China Western Power Industrial Co was 1.18. The lowest was 0.49. And the median was 0.71.


Be Aware

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


China Western Power Industrial Co Cyclically Adjusted Revenue per Share Related Terms

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


China Western Power Industrial Co (SZSE:002630) Business Description

Traded in Other Exchanges
N/A
Address
No.66, Rongchuan Road, High-tech Industrial Zone, Sichuan Province, Zigong, CHN, 643001
China Western Power Industrial Co Ltd located in China, manufactures thermal power plant equipment such as large utility boilers, large power plant auxiliaries, special boilers, and power generating equipment. The group focuses on the on the fields of new energy, environmental protection industry, clean power plants, new material technologies and services for decades.

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