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China Merchants Port Holdings Co (China Merchants Port Holdings Co) Cyclically Adjusted Revenue per Share : $3.13 (As of Dec. 2023)


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What is China Merchants Port Holdings 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 Merchants Port Holdings Co's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was $3.614. 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 $3.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, China Merchants Port Holdings Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 China Merchants Port Holdings Co was 15.20% per year. The lowest was -2.90% per year. And the median was 3.60% per year.

As of today (2024-04-28), China Merchants Port Holdings Co's current stock price is $ 12.11. China Merchants Port Holdings Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was $3.13. China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio of today is 3.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Merchants Port Holdings Co was 18.38. The lowest was 3.22. And the median was 7.25.


China Merchants Port Holdings Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Merchants Port Holdings 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 Merchants Port Holdings Co Cyclically Adjusted Revenue per Share Chart

China Merchants Port Holdings 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 2.28 2.48 2.66 2.19 3.13

China Merchants Port Holdings Co 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 2.66 - 2.19 - 3.13

Competitive Comparison of China Merchants Port Holdings Co's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, China Merchants Port Holdings 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 Merchants Port Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



China Merchants Port Holdings 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 Merchants Port Holdings Co'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)
=3.614/117.2957*117.2957
=3.614

Current CPI (Dec. 2023) = 117.2957.

China Merchants Port Holdings Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.601 99.707 3.060
201512 2.376 102.015 2.732
201612 2.280 103.225 2.591
201712 2.356 104.984 2.632
201812 2.936 107.622 3.200
201912 2.736 110.700 2.899
202012 2.817 109.711 3.012
202112 3.805 112.349 3.973
202212 4.173 114.548 4.273
202312 3.614 117.296 3.614

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


China Merchants Port Holdings Co  (OTCPK:CMHHY) 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 Merchants Port Holdings Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.11/3.13
=3.87

* 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 Merchants Port Holdings Co was 18.38. The lowest was 3.22. And the median was 7.25.


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 Merchants Port Holdings Co Cyclically Adjusted Revenue per Share Related Terms

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


China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

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