/term/cyclically-adjusted-rvn/SHSE:600409 Tangshannyou Chemical Industries Co (SHSE:600409) Cyclicall
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Tangshannyou Chemical Industries Co (SHSE:600409) Cyclically Adjusted Revenue per Share : ¥10.21 (As of Mar. 2024)


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What is Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.530. 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 ¥10.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tangshannyou Chemical Industries Co's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% 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 Tangshannyou Chemical Industries Co was 15.10% per year. The lowest was 4.40% per year. And the median was 10.80% per year.

As of today (2024-06-20), Tangshannyou Chemical Industries Co's current stock price is ¥5.09. Tangshannyou Chemical Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥10.21. Tangshannyou Chemical Industries Co's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tangshannyou Chemical Industries Co was 2.37. The lowest was 0.47. And the median was 1.07.


Tangshannyou Chemical Industries Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co Cyclically Adjusted Revenue per Share Chart

Tangshannyou Chemical Industries 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 8.63 8.77 9.22 9.82 10.10

Tangshannyou Chemical Industries 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 9.91 9.94 10.08 10.10 10.21

Competitive Comparison of Tangshannyou Chemical Industries Co's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tangshannyou Chemical Industries Co's Cyclically Adjusted PS Ratio falls into.



Tangshannyou Chemical Industries 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, Tangshannyou Chemical Industries 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)
=2.53/115.2271*115.2271
=2.530

Current CPI (Mar. 2024) = 115.2271.

Tangshannyou Chemical Industries Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.626 98.200 1.908
201409 1.719 98.900 2.003
201412 1.957 99.000 2.278
201503 1.644 99.900 1.896
201506 1.872 99.500 2.168
201509 1.939 100.500 2.223
201512 1.946 100.600 2.229
201603 1.888 102.200 2.129
201606 2.082 101.400 2.366
201609 2.105 102.400 2.369
201612 2.441 102.600 2.741
201703 2.768 103.200 3.091
201706 2.631 103.100 2.940
201709 2.382 104.100 2.637
201712 2.562 104.500 2.825
201803 2.289 105.300 2.505
201806 2.549 104.900 2.800
201809 2.399 106.600 2.593
201812 2.535 106.500 2.743
201903 2.510 107.700 2.685
201906 2.565 107.700 2.744
201909 2.421 109.800 2.541
201912 2.441 111.200 2.529
202003 1.948 112.300 1.999
202006 1.920 110.400 2.004
202009 2.227 111.700 2.297
202012 2.543 111.500 2.628
202103 2.729 112.662 2.791
202106 2.694 111.769 2.777
202109 2.940 112.215 3.019
202112 2.867 113.108 2.921
202203 2.844 114.335 2.866
202206 3.093 114.558 3.111
202209 2.837 115.339 2.834
202212 2.696 115.116 2.699
202303 2.642 115.116 2.645
202306 2.691 114.558 2.707
202309 2.621 115.339 2.618
202312 2.664 114.781 2.674
202403 2.530 115.227 2.530

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


Tangshannyou Chemical Industries Co  (SHSE:600409) 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.

Tangshannyou Chemical Industries Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.09/10.21
=0.50

* 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 Tangshannyou Chemical Industries Co was 2.37. The lowest was 0.47. And the median was 1.07.


Be Aware

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


Tangshannyou Chemical Industries Co Cyclically Adjusted Revenue per Share Related Terms

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


Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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