GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Telecom Corp Ltd (FRA:ZCHA) » Definitions » Cyclically Adjusted Revenue per Share

China Telecom (FRA:ZCHA) Cyclically Adjusted Revenue per Share : €0.00 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is China Telecom Cyclically Adjusted Revenue per Share?

Note: As Cyclically Adjusted Revenue per Share is a main component used to calculate Cyclically Adjusted PS Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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 Telecom's adjusted revenue per share for the three months ended in Mar. 2024 was €21.230. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Telecom's average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Telecom was 10.50% per year. The lowest was 2.40% per year. And the median was 6.25% per year.

As of today (2024-05-16), China Telecom's current stock price is €23.00. China Telecom's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.00. China Telecom's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Telecom was 1.60. The lowest was 0.36. And the median was 0.77.


China Telecom Cyclically Adjusted Revenue per Share Historical Data

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

China Telecom 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 61.00 56.52 - - -

China Telecom 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 - - - - -

Competitive Comparison of China Telecom's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, China Telecom'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 Telecom's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Telecom's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



China Telecom 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 Telecom'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)
=21.23/115.2271*115.2271
=21.230

Current CPI (Mar. 2024) = 115.2271.

China Telecom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.084 98.200 14.179
201409 12.127 98.900 14.129
201412 13.081 99.000 15.225
201503 14.906 99.900 17.193
201506 14.815 99.500 17.157
201509 14.067 100.500 16.128
201512 14.985 100.600 17.164
201603 14.747 102.200 16.627
201606 15.087 101.400 17.144
201609 14.357 102.400 16.155
201612 15.018 102.600 16.866
201703 15.332 103.200 17.119
201706 14.997 103.100 16.761
201709 14.306 104.100 15.835
201712 14.452 104.500 15.936
201803 15.325 105.300 16.770
201806 15.773 104.900 17.326
201809 14.202 106.600 15.351
201812 14.540 106.500 15.731
201903 15.662 107.700 16.757
201906 14.958 107.700 16.003
201909 14.563 109.800 15.283
201912 14.731 111.200 15.264
202003 15.099 112.300 15.493
202006 15.341 110.400 16.012
202009 15.220 111.700 15.701
202012 15.679 111.500 16.203
202103 16.948 112.662 17.334
202106 18.024 111.769 18.582
202109 17.895 112.215 18.375
202112 18.939 113.108 19.294
202203 20.968 114.335 21.132
202206 21.604 114.558 21.730
202209 20.538 115.339 20.518
202212 20.680 115.116 20.700
202303 21.730 115.116 21.751
202306 20.848 114.558 20.970
202309 19.107 115.339 19.089
202312 21.018 114.781 21.100
202403 21.230 115.227 21.230

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


China Telecom  (FRA:ZCHA) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Telecom was 1.60. The lowest was 0.36. And the median was 0.77.


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 Telecom Cyclically Adjusted Revenue per Share Related Terms

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


China Telecom (FRA:ZCHA) Business Description

Address
31 Jinrong Street, Xicheng District, Beijing, CHN, 100033
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

China Telecom (FRA:ZCHA) Headlines

No Headlines