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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Cyclically Adjusted Revenue per Share : ¥1.85 (As of Mar. 2024)


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What is M-Grass Ecology And Environment (Group) 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.

M-Grass Ecology And Environment (Group) Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.111. 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 ¥1.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, M-Grass Ecology And Environment (Group) Co's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% 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 M-Grass Ecology And Environment (Group) Co was 3.10% per year. The lowest was 3.10% per year. And the median was 3.10% per year.

As of today (2024-05-28), M-Grass Ecology And Environment (Group) Co's current stock price is ¥2.69. M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.85. M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted PS Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of M-Grass Ecology And Environment (Group) Co was 3.27. The lowest was 1.48. And the median was 2.14.


M-Grass Ecology And Environment (Group) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for M-Grass Ecology And Environment (Group) 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.

M-Grass Ecology And Environment (Group) Co Cyclically Adjusted Revenue per Share Chart

M-Grass Ecology And Environment (Group) 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 - 1.68 1.73 1.80 1.84

M-Grass Ecology And Environment (Group) 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 1.82 1.81 1.84 1.84 1.85

Competitive Comparison of M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, M-Grass Ecology And Environment (Group) 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.


M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted PS Ratio falls into.



M-Grass Ecology And Environment (Group) 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, M-Grass Ecology And Environment (Group) 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)
=0.111/115.2271*115.2271
=0.111

Current CPI (Mar. 2024) = 115.2271.

M-Grass Ecology And Environment (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.491 98.200 0.576
201409 0.297 98.900 0.346
201412 0.252 99.000 0.293
201503 0.180 99.900 0.208
201506 0.475 99.500 0.550
201509 0.298 100.500 0.342
201512 0.296 100.600 0.339
201603 0.146 102.200 0.165
201606 0.416 101.400 0.473
201609 0.547 102.400 0.616
201612 0.599 102.600 0.673
201703 0.267 103.200 0.298
201706 1.177 103.100 1.315
201709 1.183 104.100 1.309
201712 0.623 104.500 0.687
201803 0.286 105.300 0.313
201806 0.957 104.900 1.051
201809 0.478 106.600 0.517
201812 0.809 106.500 0.875
201903 0.219 107.700 0.234
201906 0.674 107.700 0.721
201909 0.431 109.800 0.452
201912 0.676 111.200 0.700
202003 0.112 112.300 0.115
202006 0.505 110.400 0.527
202009 0.370 111.700 0.382
202012 0.494 111.500 0.511
202103 0.232 112.662 0.237
202106 0.329 111.769 0.339
202109 0.479 112.215 0.492
202112 0.410 113.108 0.418
202203 0.194 114.335 0.196
202206 0.344 114.558 0.346
202209 0.244 115.339 0.244
202212 0.383 115.116 0.383
202303 0.193 115.116 0.193
202306 0.260 114.558 0.262
202309 0.304 115.339 0.304
202312 0.337 114.781 0.338
202403 0.111 115.227 0.111

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


M-Grass Ecology And Environment (Group) Co  (SZSE:300355) 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.

M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.69/1.85
=1.45

* 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 M-Grass Ecology And Environment (Group) Co was 3.27. The lowest was 1.48. And the median was 2.14.


Be Aware

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


M-Grass Ecology And Environment (Group) Co Cyclically Adjusted Revenue per Share Related Terms

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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN
M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.
Executives
Wang Zhao Ming Director
Jiao Guo Shan Director
Xu Yong Li Director
Wang Yuan Yuan Executives
Wang Jian Jun Executives
Zhang Zhen Hua Independent director
Li Jin Xia Independent director
Xing Wen Rui Directors, executives
Huang Fu Sheng Executives
Guo Li Xia Supervisors
Sun Xian Hong Director
Zhao Yan Director
Hao Yan Tao Supervisors
Yang Yong Sheng Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

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