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Southwest Securities Co (SHSE:600369) Cyclically Adjusted Revenue per Share : ¥0.00 (As of Mar. 2024)


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What is Southwest Securities 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.

Southwest Securities Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.069. 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, Southwest Securities Co's average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% 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 Southwest Securities Co was 12.30% per year. The lowest was -13.70% per year. And the median was 1.10% per year.

As of today (2024-04-30), Southwest Securities Co's current stock price is ¥3.97. Southwest Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.00. Southwest Securities Co's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Southwest Securities Co was 17.16. The lowest was 4.67. And the median was 7.34.


Southwest Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Southwest Securities 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.

Southwest Securities Co Cyclically Adjusted Revenue per Share Chart

Southwest Securities 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 0.61 0.61 0.63 0.63 0.62

Southwest Securities 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 0.63 0.63 0.63 0.62 -

Competitive Comparison of Southwest Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Southwest Securities 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.


Southwest Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Southwest Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Southwest Securities 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, Southwest Securities 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)
=0.069/114.6694*114.6694
=0.069

Current CPI (Mar. 2024) = 114.6694.

Southwest Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.115 98.200 0.134
201409 0.179 98.900 0.208
201412 0.181 99.000 0.210
201503 0.352 99.900 0.404
201506 0.673 99.500 0.776
201509 0.122 100.500 0.139
201512 0.312 100.600 0.356
201603 0.126 102.200 0.141
201606 0.212 101.400 0.240
201609 0.182 102.400 0.204
201612 0.103 102.600 0.115
201703 0.081 103.200 0.090
201706 0.122 103.100 0.136
201709 0.150 104.100 0.165
201712 0.168 104.500 0.184
201803 0.129 105.300 0.140
201806 0.104 104.900 0.114
201809 0.082 106.600 0.088
201812 0.140 106.500 0.151
201903 0.185 107.700 0.197
201906 0.091 107.700 0.097
201909 0.100 109.800 0.104
201912 0.168 111.200 0.173
202003 0.098 112.300 0.100
202006 0.164 110.400 0.170
202009 0.097 111.700 0.100
202012 0.107 111.500 0.110
202103 0.103 112.662 0.105
202106 0.146 111.769 0.150
202109 0.097 112.215 0.099
202112 0.060 113.108 0.061
202203 -0.007 114.335 -0.007
202206 0.114 114.558 0.114
202209 0.023 115.339 0.023
202212 0.079 115.116 0.079
202303 0.090 115.116 0.090
202306 0.110 114.558 0.110
202309 0.059 115.339 0.059
202312 0.049 114.669 0.049
202403 0.069 114.669 0.069

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


Southwest Securities Co  (SHSE:600369) 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 Southwest Securities Co was 17.16. The lowest was 4.67. And the median was 7.34.


Be Aware

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


Southwest Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Southwest Securities Co (SHSE:600369) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Qiaobeiyuan, Southwest Securities Building, Jiangbei District, Chongqing, CHN, 400023
Southwest Securities Co Ltd is a national securities company. Its business includes securities brokerage, securities underwriting and sponsorship, financial consulting, asset management and margin financing. Through asset management, the company provides customers with its special and professional asset management services.

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