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China Railway Construction (FRA:4FF) Cyclically Adjusted Revenue per Share : €3.95 (As of Mar. 2024)


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What is China Railway Construction 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 Railway Construction's adjusted revenue per share for the three months ended in Mar. 2024 was €2.326. 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 €3.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Railway Construction's average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Railway Construction was 5.70% per year. The lowest was 3.90% per year. And the median was 5.05% per year.

As of today (2024-05-20), China Railway Construction's current stock price is €0.66. China Railway Construction's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.95. China Railway Construction's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Railway Construction was 0.40. The lowest was 0.12. And the median was 0.19.


China Railway Construction Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Railway Construction'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 Railway Construction Cyclically Adjusted Revenue per Share Chart

China Railway Construction 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 4.86 2.91 3.98 4.15 4.14

China Railway Construction 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 4.31 4.01 3.95 4.14 3.95

Competitive Comparison of China Railway Construction's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Cyclically Adjusted PS Ratio falls into.



China Railway Construction 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 Railway Construction'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)
=2.326/115.2271*115.2271
=2.326

Current CPI (Mar. 2024) = 115.2271.

China Railway Construction Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.512 98.200 1.774
201409 1.566 98.900 1.825
201412 1.922 99.000 2.237
201503 1.409 99.900 1.625
201506 1.678 99.500 1.943
201509 1.736 100.500 1.990
201512 2.068 100.600 2.369
201603 1.185 102.200 1.336
201606 1.439 101.400 1.635
201609 1.526 102.400 1.717
201612 2.014 102.600 2.262
201703 1.177 103.200 1.314
201706 1.465 103.100 1.637
201709 1.530 104.100 1.694
201712 1.741 104.500 1.920
201803 1.166 105.300 1.276
201806 1.493 104.900 1.640
201809 1.658 106.600 1.792
201812 2.075 106.500 2.245
201903 1.370 107.700 1.466
201906 1.640 107.700 1.755
201909 1.772 109.800 1.860
201912 2.252 111.200 2.334
202003 1.152 112.300 1.182
202006 1.844 110.400 1.925
202009 2.043 111.700 2.108
202012 2.365 111.500 2.444
202103 1.851 112.662 1.893
202106 2.191 111.769 2.259
202109 2.102 112.215 2.158
202112 2.618 113.108 2.667
202203 2.451 114.335 2.470
202206 2.622 114.558 2.637
202209 2.400 115.339 2.398
202212 2.714 115.116 2.717
202303 2.441 115.116 2.443
202306 2.328 114.558 2.342
202309 2.247 115.339 2.245
202312 2.805 114.781 2.816
202403 2.326 115.227 2.326

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


China Railway Construction  (FRA:4FF) 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 Railway Construction's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.66/3.95
=0.17

* 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 Railway Construction was 0.40. The lowest was 0.12. And the median was 0.19.


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 Railway Construction Cyclically Adjusted Revenue per Share Related Terms

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


China Railway Construction (FRA:4FF) Business Description

Traded in Other Exchanges
Address
East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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