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Computime Group (HKSE:00320) Cyclically Adjusted Revenue per Share : HK$4.58 (As of Sep. 2023)


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What is Computime Group 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.

Computime Group's adjusted revenue per share data for the fiscal year that ended in Mar. 2023 was HK$4.991. 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 HK$4.58 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 Computime Group was 3.50% per year. The lowest was 2.20% per year. And the median was 3.05% per year.

As of today (2024-06-19), Computime Group's current stock price is HK$ 0.42. Computime Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar. 2023 was HK$4.58. Computime Group's Cyclically Adjusted PS Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Computime Group was 0.67. The lowest was 0.07. And the median was 0.19.


Computime Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Computime Group'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.

Computime Group Cyclically Adjusted Revenue per Share Chart

Computime Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 4.17 4.20 4.39 4.58

Computime Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 4.39 - 4.58 -

Competitive Comparison of Computime Group's Cyclically Adjusted Revenue per Share

For the Consumer Electronics subindustry, Computime Group'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.


Computime Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Computime Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Computime Group 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, Computime Group's adjusted Revenue per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=4.991/115.4269*115.4269
=4.991

Current CPI (Mar. 2023) = 115.4269.

Computime Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.386 95.749 4.082
201503 3.788 99.927 4.376
201603 4.174 102.785 4.687
201703 4.378 103.335 4.890
201803 4.567 105.973 4.974
201903 4.055 108.172 4.327
202003 3.880 110.920 4.038
202103 4.283 111.579 4.431
202203 4.970 113.558 5.052
202303 4.991 115.427 4.991

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


Computime Group  (HKSE:00320) 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.

Computime Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.42/4.58
=0.09

* 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 Computime Group was 0.67. The lowest was 0.07. 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.


Computime Group Cyclically Adjusted Revenue per Share Related Terms

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


Computime Group (HKSE:00320) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.
Executives
Heung Lap Chi Eugene 2101 Beneficial owner
Leung Yee Li Lana 2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc 2101 Beneficial owner
Lim Mee Hwa 2201 Interest of corporation controlled by you
Yeo Seng Chong 2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd 2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

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