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Gulf Resources (FRA:R29B) Cyclically Adjusted Revenue per Share : €8.75 (As of Sep. 2023)


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What is Gulf Resources 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.

Gulf Resources's adjusted revenue per share for the three months ended in Sep. 2023 was €0.527. 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 €8.75 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Gulf Resources's average Cyclically Adjusted Revenue Growth Rate was -12.50% 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 Gulf Resources was -9.90% per year. The lowest was -45.00% per year. And the median was -44.70% per year.

As of today (2024-06-19), Gulf Resources's current stock price is €1.14. Gulf Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €8.75. Gulf Resources's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gulf Resources was 0.61. The lowest was 0.04. And the median was 0.29.


Gulf Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gulf Resources'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.

Gulf Resources Cyclically Adjusted Revenue per Share Chart

Gulf Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.34 10.17 10.07

Gulf Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 11.07 10.07 9.19 8.89 8.75

Competitive Comparison of Gulf Resources's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Gulf Resources'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.


Gulf Resources's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulf Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Resources's Cyclically Adjusted PS Ratio falls into.



Gulf Resources 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, Gulf Resources's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.527/115.3387*115.3387
=0.527

Current CPI (Sep. 2023) = 115.3387.

Gulf Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.799 97.624 3.307
201403 2.355 98.600 2.755
201406 2.970 98.200 3.488
201409 3.072 98.900 3.583
201412 2.613 99.000 3.044
201503 3.710 99.900 4.283
201506 4.663 99.500 5.405
201509 4.046 100.500 4.643
201512 3.472 100.600 3.981
201603 3.314 102.200 3.740
201606 4.543 101.400 5.167
201609 3.734 102.400 4.206
201612 2.872 102.600 3.229
201703 3.275 103.200 3.660
201706 4.520 103.100 5.057
201709 2.132 104.100 2.362
201712 0.303 104.500 0.334
201803 0.195 105.300 0.214
201806 0.000 104.900 0.000
201809 0.031 106.600 0.034
201812 0.000 106.500 0.000
201903 0.004 107.700 0.004
201906 0.563 107.700 0.603
201909 0.434 109.800 0.456
201912 0.000 111.200 0.000
202003 0.053 112.300 0.054
202006 0.500 110.400 0.522
202009 0.930 111.700 0.960
202012 0.971 111.500 1.004
202103 0.442 112.662 0.453
202106 0.884 111.769 0.912
202109 1.441 112.215 1.481
202112 1.763 113.108 1.798
202203 0.774 114.335 0.781
202206 1.419 114.558 1.429
202209 2.205 115.339 2.205
202212 2.008 115.116 2.012
202303 0.833 115.116 0.835
202306 0.708 114.558 0.713
202309 0.527 115.339 0.527

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


Gulf Resources  (FRA:R29B) 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.

Gulf Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.14/8.75
=0.13

* 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 Gulf Resources was 0.61. The lowest was 0.04. And the median was 0.29.


Be Aware

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


Gulf Resources Cyclically Adjusted Revenue per Share Related Terms

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


Gulf Resources (FRA:R29B) Business Description

Industry
Traded in Other Exchanges
Address
Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.

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