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Qinhuangdao Port Co (HKSE:03369) Cyclically Adjusted Revenue per Share : HK$1.48 (As of Mar. 2024)


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What is Qinhuangdao Port 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.

Qinhuangdao Port Co's adjusted revenue per share for the three months ended in Mar. 2024 was HK$0.343. 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$1.48 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-09), Qinhuangdao Port Co's current stock price is HK$1.82. Qinhuangdao Port Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$1.48. Qinhuangdao Port Co's Cyclically Adjusted PS Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Qinhuangdao Port Co was 1.23. The lowest was 1.02. And the median was 1.15.


Qinhuangdao Port Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Qinhuangdao Port 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.

Qinhuangdao Port Co Cyclically Adjusted Revenue per Share Chart

Qinhuangdao Port Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Qinhuangdao Port 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 - - - - 1.48

Competitive Comparison of Qinhuangdao Port Co's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Qinhuangdao Port 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.


Qinhuangdao Port Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Qinhuangdao Port Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Qinhuangdao Port 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, Qinhuangdao Port 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)
=0.343/115.2271*115.2271
=0.343

Current CPI (Mar. 2024) = 115.2271.

Qinhuangdao Port Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.000 85.386 0.000
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201609 0.233 102.400 0.262
201612 0.321 102.600 0.361
201703 0.392 103.200 0.438
201706 0.360 103.100 0.402
201709 0.455 104.100 0.504
201712 0.366 104.500 0.404
201803 0.377 105.300 0.413
201806 0.389 104.900 0.427
201809 0.376 106.600 0.406
201812 0.326 106.500 0.353
201903 0.325 107.700 0.348
201906 0.391 107.700 0.418
201909 0.290 109.800 0.304
201912 0.366 111.200 0.379
202003 0.305 112.300 0.313
202006 0.272 110.400 0.284
202009 0.347 111.700 0.358
202012 0.394 111.500 0.407
202103 0.360 112.662 0.368
202106 0.366 111.769 0.377
202109 0.290 112.215 0.298
202112 0.426 113.108 0.434
202203 0.363 114.335 0.366
202206 0.381 114.558 0.383
202209 0.363 115.339 0.363
202212 0.328 115.116 0.328
202303 0.329 115.116 0.329
202306 0.374 114.558 0.376
202309 0.350 115.339 0.350
202312 0.337 114.781 0.338
202403 0.343 115.227 0.343

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


Qinhuangdao Port Co  (HKSE:03369) 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.

Qinhuangdao Port Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.82/1.48
=1.23

* 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 Qinhuangdao Port Co was 1.23. The lowest was 1.02. And the median was 1.15.


Be Aware

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


Qinhuangdao Port Co Cyclically Adjusted Revenue per Share Related Terms

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


Qinhuangdao Port Co (HKSE:03369) Business Description

Industry
Traded in Other Exchanges
Address
35 Haibin Road, Haigang District, Hebei Province, Qinhuangdao, CHN, 066002
Qinhuangdao Port Co Ltd is engaged in the provision of integrated port services for customers. It provides integrated port services including stevedoring, stacking, warehousing, transportation, and logistics services. The company handles various types of cargo mainly including coal, metal ores, oil and liquefied chemicals, containers, general cargoes, and other goods. It also provides value-added services including towing, tallying, and coal blending. The company's whole operations are in China.
Executives
He Bei Gang Kou Ji Tuan Guo Ji Xiang Gang You Xian Gong Si 2101 Beneficial owner
He Bei Gang Kou Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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