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China Southern Airlines Co (SGX:K3TD) Cyclically Adjusted Revenue per Share : $0.00 (As of Mar. 2024)


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What is China Southern Airlines Co 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 Southern Airlines Co's adjusted revenue per share for the three months ended in Mar. 2024 was $17.089. 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 Southern Airlines Co's average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% 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 China Southern Airlines Co was 13.00% per year. The lowest was -4.10% per year. And the median was 5.05% per year.

As of today (2024-06-08), China Southern Airlines Co's current stock price is $18.07. China Southern Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.00. China Southern Airlines Co's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Southern Airlines Co was 1.33. The lowest was 0.23. And the median was 0.57.


China Southern Airlines Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Southern Airlines 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.

China Southern Airlines Co Cyclically Adjusted Revenue per Share Chart

China Southern Airlines 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 31.89 36.87 31.34 - -

China Southern Airlines 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 - - - - -

Competitive Comparison of China Southern Airlines Co's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, China Southern Airlines 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.


China Southern Airlines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



China Southern Airlines 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, China Southern Airlines 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)
=17.089/115.2271*115.2271
=17.089

Current CPI (Mar. 2024) = 115.2271.

China Southern Airlines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.831 98.200 23.270
201409 26.231 98.900 30.561
201412 21.797 99.000 25.370
201503 22.628 99.900 26.100
201506 21.019 99.500 24.341
201509 25.604 100.500 29.356
201512 20.649 100.600 23.651
201603 21.934 102.200 24.730
201606 20.152 101.400 22.900
201609 24.871 102.400 27.986
201612 20.718 102.600 23.268
201703 22.881 103.200 25.548
201706 21.964 103.100 24.548
201709 27.759 104.100 30.726
201712 23.962 104.500 26.422
201803 26.754 105.300 29.276
201806 25.647 104.900 28.172
201809 29.885 106.600 32.304
201812 23.537 106.500 25.466
201903 22.853 107.700 24.450
201906 20.863 107.700 22.321
201909 28.314 109.800 29.713
201912 22.379 111.200 23.189
202003 12.304 112.300 12.625
202006 9.451 110.400 9.864
202009 13.623 111.700 14.053
202012 13.406 111.500 13.854
202103 10.593 112.662 10.834
202106 15.257 111.769 15.729
202109 11.958 112.215 12.279
202112 11.016 113.108 11.222
202203 9.984 114.335 10.062
202206 8.524 114.558 8.574
202209 12.063 115.339 12.051
202212 6.688 115.116 6.694
202303 13.636 115.116 13.649
202306 14.554 114.558 14.639
202309 18.020 115.339 18.003
202312 15.627 114.781 15.688
202403 17.089 115.227 17.089

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


China Southern Airlines Co  (SGX:K3TD) 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 Southern Airlines Co was 1.33. The lowest was 0.23. And the median was 0.57.


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 Southern Airlines Co Cyclically Adjusted Revenue per Share Related Terms

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


China Southern Airlines Co (SGX:K3TD) Business Description

Address
68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403
China Southern Airlines is based in Guangzhou and is one of the three largest state-owned airlines in China. The group operated a fleet of 894 aircraft as of 2022 and carried more than 150 million passengers in prepandemic 2019, ranking first in Asia. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs like Guangzhou and Beijing. The group's route network extends to over 243 destinations and 44 countries and regions.

China Southern Airlines Co (SGX:K3TD) Headlines

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