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Gree Real Estate Co (SHSE:600185) Cyclically Adjusted Revenue per Share : ¥2.28 (As of Mar. 2024)


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What is Gree Real Estate 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.

Gree Real Estate Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.719. 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 ¥2.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gree Real Estate Co's average Cyclically Adjusted Revenue Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% 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 Gree Real Estate Co was 17.20% per year. The lowest was 6.40% per year. And the median was 8.25% per year.

As of today (2024-06-19), Gree Real Estate Co's current stock price is ¥4.67. Gree Real Estate Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.28. Gree Real Estate Co's Cyclically Adjusted PS Ratio of today is 2.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gree Real Estate Co was 15.89. The lowest was 2.12. And the median was 3.87.


Gree Real Estate Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gree Real Estate 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.

Gree Real Estate Co Cyclically Adjusted Revenue per Share Chart

Gree Real Estate 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 1.42 1.67 1.98 2.12 2.23

Gree Real Estate 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 2.18 2.16 2.20 2.23 2.28

Competitive Comparison of Gree Real Estate Co's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Gree Real Estate 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.


Gree Real Estate Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gree Real Estate Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gree Real Estate Co's Cyclically Adjusted PS Ratio falls into.



Gree Real Estate 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, Gree Real Estate 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)
=0.719/115.2271*115.2271
=0.719

Current CPI (Mar. 2024) = 115.2271.

Gree Real Estate Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.238 98.200 0.279
201409 0.342 98.900 0.398
201412 0.022 99.000 0.026
201503 0.016 99.900 0.018
201506 0.051 99.500 0.059
201509 0.534 100.500 0.612
201512 1.193 100.600 1.366
201603 0.582 102.200 0.656
201606 0.205 101.400 0.233
201609 0.335 102.400 0.377
201612 0.482 102.600 0.541
201703 0.520 103.200 0.581
201706 0.173 103.100 0.193
201709 0.289 104.100 0.320
201712 0.398 104.500 0.439
201803 0.401 105.300 0.439
201806 0.150 104.900 0.165
201809 0.290 106.600 0.313
201812 0.385 106.500 0.417
201903 0.828 107.700 0.886
201906 0.427 107.700 0.457
201909 0.325 109.800 0.341
201912 0.393 111.200 0.407
202003 0.364 112.300 0.373
202006 1.266 110.400 1.321
202009 0.654 111.700 0.675
202012 1.099 111.500 1.136
202103 0.909 112.662 0.930
202106 0.898 111.769 0.926
202109 1.599 112.215 1.642
202112 0.516 113.108 0.526
202203 0.727 114.335 0.733
202206 0.408 114.558 0.410
202209 0.307 115.339 0.307
202212 0.765 115.116 0.766
202303 0.987 115.116 0.988
202306 0.304 114.558 0.306
202309 0.517 115.339 0.516
202312 1.008 114.781 1.012
202403 0.719 115.227 0.719

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


Gree Real Estate Co  (SHSE:600185) 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.

Gree Real Estate Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.67/2.28
=2.05

* 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 Gree Real Estate Co was 15.89. The lowest was 2.12. And the median was 3.87.


Be Aware

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


Gree Real Estate Co Cyclically Adjusted Revenue per Share Related Terms

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


Gree Real Estate Co (SHSE:600185) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 62 Keji 2nd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075
Gree Real Estate Co Ltd develops real estate properties in China and internationally. The company also undertakes construction projects in various industries, including port economy, coastal economy, tourism, finance, education, agriculture, hotels, and other fields.

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