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Tongwei Co (SHSE:600438) Cyclically Adjusted Revenue per Share : ¥14.85 (As of Mar. 2025)


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What is Tongwei 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.

Tongwei Co's adjusted revenue per share for the three months ended in Mar. 2025 was ¥3.539. 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 ¥14.85 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tongwei Co's average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% 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 Tongwei Co was 13.30% per year. The lowest was 1.50% per year. And the median was 5.40% per year.

As of today (2025-07-01), Tongwei Co's current stock price is ¥17.11. Tongwei Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥14.85. Tongwei Co's Cyclically Adjusted PS Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tongwei Co was 6.02. The lowest was 0.55. And the median was 1.48.


Tongwei Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tongwei 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.

Tongwei Co Cyclically Adjusted Revenue per Share Chart

Tongwei Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 10.06 12.08 13.75 14.62

Tongwei Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14.10 14.20 14.43 14.62 14.85

Competitive Comparison of Tongwei Co's Cyclically Adjusted Revenue per Share

For the Solar subindustry, Tongwei 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.


Tongwei Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tongwei Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Tongwei 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, Tongwei Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.539/115.1156*115.1156
=3.539

Current CPI (Mar. 2025) = 115.1156.

Tongwei Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.456 99.500 2.841
201509 1.765 100.500 2.022
201512 1.624 100.600 1.858
201603 1.065 102.200 1.200
201606 2.910 101.400 3.304
201609 2.004 102.400 2.253
201612 1.533 102.600 1.720
201703 1.084 103.200 1.209
201706 1.776 103.100 1.983
201709 2.192 104.100 2.424
201712 1.668 104.500 1.837
201803 1.347 105.300 1.473
201806 1.863 104.900 2.044
201809 2.301 106.600 2.485
201812 1.580 106.500 1.708
201903 1.589 107.700 1.698
201906 2.564 107.700 2.741
201909 2.972 109.800 3.116
201912 2.350 111.200 2.433
202003 2.015 112.300 2.066
202006 2.545 110.400 2.654
202009 3.116 111.700 3.211
202012 2.729 111.500 2.817
202103 2.358 112.662 2.409
202106 3.542 111.769 3.648
202109 4.474 112.215 4.590
202112 4.027 113.108 4.098
202203 5.484 114.335 5.521
202206 7.372 114.558 7.408
202209 8.744 115.339 8.727
202212 8.701 115.116 8.701
202303 6.905 115.116 6.905
202306 8.392 114.558 8.433
202309 7.718 115.339 7.703
202312 6.149 114.781 6.167
202403 4.348 115.227 4.344
202406 4.663 114.781 4.677
202409 5.137 115.785 5.107
202412 5.380 114.893 5.390
202503 3.539 115.116 3.539

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


Tongwei Co  (SHSE:600438) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.11/14.85
=1.15

* 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 Tongwei Co was 6.02. The lowest was 0.55. And the median was 1.48.


Be Aware

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


Tongwei Co Cyclically Adjusted Revenue per Share Related Terms

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


Tongwei Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 588, Middle Section Tianfu Avenue, High-Tech Zone, Tongwei International Center, Sichuan, Chengdu, CHN, 610041
Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2024. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2024.
Executives
Zhou Bin senior management
Xie Yi Director
Song Gang Jie senior management
Yang Shi Xian Supervisors
Shen Jin Zhu senior management
Duan Yong Director
Deng San Supervisors
Chen Ping Fu senior management
Zhang Lu senior management
Wang Shang Wen senior management
Guo Yi Zhong senior management
Yan Hu Director
Hong Rui senior management
Yuan Shi Hua senior management
Yan Bao Quan Supervisors

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