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Wuxi Fangsheng Heat Exchanger (BJSE:832662) Cyclically Adjusted Revenue per Share : ¥8.91 (As of Mar. 2024)


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What is Wuxi Fangsheng Heat Exchanger 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.

Wuxi Fangsheng Heat Exchanger's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was ¥3.949. 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 ¥8.91 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-17), Wuxi Fangsheng Heat Exchanger's current stock price is ¥ 9.49. Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was ¥8.91. Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted PS Ratio of today is 1.07.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Wuxi Fangsheng Heat Exchanger was 1.86. The lowest was 0.72. And the median was 1.17.


Wuxi Fangsheng Heat Exchanger Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wuxi Fangsheng Heat Exchanger'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.

Wuxi Fangsheng Heat Exchanger Cyclically Adjusted Revenue per Share Chart

Wuxi Fangsheng Heat Exchanger 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 - - - 9.60 8.91

Wuxi Fangsheng Heat Exchanger 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 - - - 8.91 -

Competitive Comparison of Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Wuxi Fangsheng Heat Exchanger'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.


Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted PS Ratio falls into.



Wuxi Fangsheng Heat Exchanger 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, Wuxi Fangsheng Heat Exchanger'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)
=3.949/114.7809*114.7809
=3.949

Current CPI (Dec. 2023) = 114.7809.

Wuxi Fangsheng Heat Exchanger Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.466 99.000 10.975
201512 10.450 100.600 11.923
201612 11.267 102.600 12.605
201712 12.156 104.500 13.352
201812 16.412 106.500 17.688
201912 3.860 111.200 3.984
202012 3.919 111.500 4.034
202112 5.105 113.108 5.181
202212 5.428 115.116 5.412
202312 3.949 114.781 3.949

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


Wuxi Fangsheng Heat Exchanger  (BJSE:832662) 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.

Wuxi Fangsheng Heat Exchanger's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.49/8.91
=1.07

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Wuxi Fangsheng Heat Exchanger was 1.86. The lowest was 0.72. And the median was 1.17.


Be Aware

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


Wuxi Fangsheng Heat Exchanger Cyclically Adjusted Revenue per Share Related Terms

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


Wuxi Fangsheng Heat Exchanger (BJSE:832662) Business Description

Traded in Other Exchanges
N/A
Address
30, Changkang Road, Mashan No. 5 Bridge, Binhu District, Jiangsu Province, Wuxi City, CHN, 214092
Wuxi Fangsheng Heat Exchanger Corp Ltd engages in research and development, design, production, and sales of plate-fin heat exchangers and heat exchange systems. Its Heat Exchangers are widely applied in many fields such as construction machinery, new energy system, and rail transit.

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