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CHKIF (China Southern Airlines Co) Cyclically Adjusted Revenue per Share : $0.89 (As of Dec. 2024)


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What is China Southern Airlines 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 Southern Airlines Co's adjusted revenue per share for the three months ended in Dec. 2024 was $0.249. 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 $0.89 for the trailing ten years ended in Dec. 2024.

During the past 12 months, China Southern Airlines Co's average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% 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 Southern Airlines Co was 6.00% per year. The lowest was -4.10% per year. And the median was 2.85% per year.

As of today (2025-04-15), China Southern Airlines Co's current stock price is $0.42. China Southern Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $0.89. China Southern Airlines Co's Cyclically Adjusted PS Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Southern Airlines Co was 1.34. The lowest was 0.40. And the median was 0.58.


China Southern Airlines Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Southern Airlines 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 Southern Airlines Co Cyclically Adjusted Revenue per Share Chart

China Southern Airlines Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.04 0.92 0.86 0.89

China Southern Airlines Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.86 0.63 0.73 0.79 0.89

Competitive Comparison of China Southern Airlines Co's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, China Southern Airlines 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 Southern Airlines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where China Southern Airlines Co's Cyclically Adjusted PS Ratio falls into.


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China Southern Airlines 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 Southern Airlines Co's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.249/114.8925*114.8925
=0.249

Current CPI (Dec. 2024) = 114.8925.

China Southern Airlines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.444 99.900 0.511
201506 0.418 99.500 0.483
201509 0.510 100.500 0.583
201512 0.421 100.600 0.481
201603 0.432 102.200 0.486
201606 0.412 101.400 0.467
201609 0.502 102.400 0.563
201612 0.392 102.600 0.439
201703 0.464 103.200 0.517
201706 0.428 103.100 0.477
201709 0.535 104.100 0.590
201712 0.493 104.500 0.542
201803 0.530 105.300 0.578
201806 0.508 104.900 0.556
201809 0.562 106.600 0.606
201812 0.446 106.500 0.481
201903 0.466 107.700 0.497
201906 0.423 107.700 0.451
201909 0.566 109.800 0.592
201912 0.483 111.200 0.499
202003 0.246 112.300 0.252
202006 0.189 110.400 0.197
202009 0.272 111.700 0.280
202012 0.266 111.500 0.274
202103 0.212 112.662 0.216
202106 0.298 111.769 0.306
202109 0.244 112.215 0.250
202112 0.224 113.108 0.228
202203 0.203 114.335 0.204
202206 0.169 114.558 0.169
202209 0.240 115.339 0.239
202212 0.138 115.116 0.138
202303 0.260 115.116 0.259
202306 0.311 114.558 0.312
202309 0.247 115.339 0.246
202312 0.309 114.781 0.309
202403 0.328 115.227 0.327
202406 0.342 114.781 0.342
202409 0.381 115.785 0.378
202412 0.249 114.893 0.249

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


China Southern Airlines Co  (OTCPK:CHKIF) 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 Southern Airlines Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.42/0.89
=0.47

* 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 Southern Airlines Co was 1.34. The lowest was 0.40. And the median was 0.58.


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 Southern Airlines Co Cyclically Adjusted Revenue per Share Related Terms

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


China Southern Airlines Co Business Description

Traded in Other Exchanges
Address
68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403
China Southern Airlines is based in Guangzhou and is one of the three largest state-owned airlines in China. The group operated a fleet of 908 aircraft as of 2023 and carried more than 150 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs like Guangzhou and Beijing.

China Southern Airlines Co Headlines