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Shandong Gold Mining Co (FRA:188H) Cyclically Adjusted Revenue per Share : €0.89 (As of Mar. 2024)


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What is Shandong Gold Mining 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.

Shandong Gold Mining Co's adjusted revenue per share for the three months ended in Mar. 2024 was €0.450. 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 Mar. 2024.

During the past 12 months, Shandong Gold Mining Co's average Cyclically Adjusted Revenue Growth Rate was -4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Shandong Gold Mining Co was 15.70% per year. The lowest was -5.10% per year. And the median was 4.90% per year.

As of today (2024-05-21), Shandong Gold Mining Co's current stock price is €2.34. Shandong Gold Mining Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.89. Shandong Gold Mining Co's Cyclically Adjusted PS Ratio of today is 2.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shandong Gold Mining Co was 2.41. The lowest was 0.69. And the median was 1.25.


Shandong Gold Mining Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shandong Gold Mining 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.

Shandong Gold Mining Co Cyclically Adjusted Revenue per Share Chart

Shandong Gold Mining 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 - 1.22 1.22 1.31 0.99

Shandong Gold Mining 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 1.19 0.97 0.96 0.99 0.89

Competitive Comparison of Shandong Gold Mining Co's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Shandong Gold Mining 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.


Shandong Gold Mining Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Gold Mining Co's Cyclically Adjusted PS Ratio falls into.



Shandong Gold Mining 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, Shandong Gold Mining 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)
=0.45/115.2271*115.2271
=0.450

Current CPI (Mar. 2024) = 115.2271.

Shandong Gold Mining Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.569 98.200 0.668
201409 0.474 98.900 0.552
201412 0.479 99.000 0.558
201503 0.461 99.900 0.532
201506 0.452 99.500 0.523
201509 0.625 100.500 0.717
201512 0.234 100.600 0.268
201603 0.417 102.200 0.470
201606 0.648 101.400 0.736
201609 0.531 102.400 0.598
201612 0.473 102.600 0.531
201703 0.381 103.200 0.425
201706 0.546 103.100 0.610
201709 0.449 104.100 0.497
201712 0.439 104.500 0.484
201803 0.508 105.300 0.556
201806 0.425 104.900 0.467
201809 0.443 106.600 0.479
201812 0.272 106.500 0.294
201903 0.344 107.700 0.368
201906 0.362 107.700 0.387
201909 0.772 109.800 0.810
201912 -0.069 111.200 -0.071
202003 0.415 112.300 0.426
202006 0.569 110.400 0.594
202009 0.595 111.700 0.614
202012 0.309 111.500 0.319
202103 0.172 112.662 0.176
202106 0.178 111.769 0.184
202109 0.168 112.215 0.173
202112 1.048 113.108 1.068
202203 0.306 114.335 0.308
202206 0.381 114.558 0.383
202209 0.171 115.339 0.171
202212 0.341 115.116 0.341
202303 0.283 115.116 0.283
202306 0.338 114.558 0.340
202309 0.307 115.339 0.307
202312 0.499 114.781 0.501
202403 0.450 115.227 0.450

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


Shandong Gold Mining Co  (FRA:188H) 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.

Shandong Gold Mining Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.34/0.89
=2.63

* 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 Shandong Gold Mining Co was 2.41. The lowest was 0.69. And the median was 1.25.


Be Aware

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


Shandong Gold Mining Co Cyclically Adjusted Revenue per Share Related Terms

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Shandong Gold Mining Co (FRA:188H) Business Description

Traded in Other Exchanges
Address
No. 2503 Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250107
Shandong Gold Mining Co Ltd is a China-based company engaged in the exploration, mining, and smelting of gold mines. It is also engaged in the purification, processing, manufacturing, and distribution of precious metal, nonferrous metal products, and gold jewelry. The operating segments of the company are Gold Mining, Gold Refining, and Investment Management. It derives key revenue from the Gold Refining segment which involves the production and sales of gold. The group operates in the PRC and Outside PRC, of which most of the revenue is from the PRC.

Shandong Gold Mining Co (FRA:188H) Headlines

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