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Jiangxi Copper Co (HKSE:00358) Cyclically Adjusted Revenue per Share : HK$53.89 (As of Mar. 2024)


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What is Jiangxi Copper 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.

Jiangxi Copper Co's adjusted revenue per share for the three months ended in Mar. 2024 was HK$38.805. 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$53.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jiangxi Copper Co's average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.80% 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 Jiangxi Copper Co was 29.60% per year. The lowest was 12.20% per year. And the median was 13.60% per year.

As of today (2024-06-10), Jiangxi Copper Co's current stock price is HK$16.86. Jiangxi Copper Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$53.89. Jiangxi Copper Co's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jiangxi Copper Co was 0.97. The lowest was 0.19. And the median was 0.36.


Jiangxi Copper Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jiangxi Copper 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.

Jiangxi Copper Co Cyclically Adjusted Revenue per Share Chart

Jiangxi Copper 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 36.02 38.82 40.85 54.67 56.57

Jiangxi Copper 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 57.02 55.18 57.33 56.57 53.89

Competitive Comparison of Jiangxi Copper Co's Cyclically Adjusted Revenue per Share

For the Copper subindustry, Jiangxi Copper 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.


Jiangxi Copper Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Jiangxi Copper Co's Cyclically Adjusted PS Ratio falls into.



Jiangxi Copper 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, Jiangxi Copper 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)
=38.805/115.2271*115.2271
=38.805

Current CPI (Mar. 2024) = 115.2271.

Jiangxi Copper Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.110 98.200 22.424
201409 19.521 98.900 22.744
201412 18.528 99.000 21.565
201503 11.972 99.900 13.809
201506 15.280 99.500 17.695
201509 12.949 100.500 14.847
201512 24.070 100.600 27.570
201603 13.814 102.200 15.575
201606 17.760 101.400 20.182
201609 17.034 102.400 19.168
201612 20.305 102.600 22.804
201703 14.880 103.200 16.614
201706 17.370 103.100 19.413
201709 19.898 104.100 22.025
201712 16.120 104.500 17.775
201803 18.043 105.300 19.744
201806 19.102 104.900 20.983
201809 19.039 106.600 20.580
201812 17.654 106.500 19.101
201903 16.164 107.700 17.294
201906 19.267 107.700 20.614
201909 20.968 109.800 22.004
201912 21.551 111.200 22.331
202003 19.396 112.300 19.902
202006 27.826 110.400 29.043
202009 26.697 111.700 27.540
202012 31.786 111.500 32.849
202103 35.398 112.662 36.204
202106 43.330 111.769 44.671
202109 38.207 112.215 39.232
202112 37.673 113.108 38.379
202203 43.951 114.335 44.294
202206 44.496 114.558 44.756
202209 36.905 115.339 36.869
202212 35.618 115.116 35.652
202303 42.277 115.116 42.318
202306 43.869 114.558 44.125
202309 41.134 115.339 41.094
202312 38.553 114.781 38.703
202403 38.805 115.227 38.805

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


Jiangxi Copper Co  (HKSE:00358) 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.

Jiangxi Copper Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.86/53.89
=0.31

* 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 Jiangxi Copper Co was 0.97. The lowest was 0.19. And the median was 0.36.


Be Aware

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


Jiangxi Copper Co Cyclically Adjusted Revenue per Share Related Terms

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


Jiangxi Copper Co (HKSE:00358) Business Description

Industry
Traded in Other Exchanges
Address
No. 7666 Changdong Avenue, High-tech Development Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Copper Co Ltd engages in copper mining and dressing; smelting and processing; extraction, and processing of precious and scattered metal, and sulphuric chemistry. Its products include a copper cathode, gold, silver, sulphuric acid, c, copper foil, selenium, tellurium, rhenium, and bismuth. It has two operating segments as follows: Copper related business and Gold related business out of which Copper related business segment accounts for a majority of revenue.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2502 Approved lending agent
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jiangxi State-owned Capital Operation Holdings Group Co. Ltd 2201 Interest of corporation controlled by you
Jiangxi Copper Corporation Limited 2101 Beneficial owner

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