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Jinxi Axle Co (SHSE:600495) Cyclically Adjusted Revenue per Share : ¥1.32 (As of Mar. 2024)


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What is Jinxi Axle 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.

Jinxi Axle Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.207. 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 ¥1.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jinxi Axle Co's average Cyclically Adjusted Revenue Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.20% 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 Jinxi Axle Co was 4.00% per year. The lowest was -11.60% per year. And the median was -6.00% per year.

As of today (2024-06-03), Jinxi Axle Co's current stock price is ¥3.37. Jinxi Axle Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.32. Jinxi Axle Co's Cyclically Adjusted PS Ratio of today is 2.55.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jinxi Axle Co was 6.79. The lowest was 1.51. And the median was 2.42.


Jinxi Axle Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jinxi Axle 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.

Jinxi Axle Co Cyclically Adjusted Revenue per Share Chart

Jinxi Axle 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 2.06 1.91 1.73 1.50 1.32

Jinxi Axle 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 1.45 1.43 1.40 1.32 1.32

Competitive Comparison of Jinxi Axle Co's Cyclically Adjusted Revenue per Share

For the Railroads subindustry, Jinxi Axle 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.


Jinxi Axle Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Jinxi Axle 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, Jinxi Axle 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)
=0.207/115.2271*115.2271
=0.207

Current CPI (Mar. 2024) = 115.2271.

Jinxi Axle Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.216 98.200 0.253
201409 0.693 98.900 0.807
201412 0.694 99.000 0.808
201503 0.299 99.900 0.345
201506 0.338 99.500 0.391
201509 0.355 100.500 0.407
201512 0.542 100.600 0.621
201603 0.128 102.200 0.144
201606 0.212 101.400 0.241
201609 0.283 102.400 0.318
201612 0.205 102.600 0.230
201703 0.169 103.200 0.189
201706 0.293 103.100 0.327
201709 0.618 104.100 0.684
201712 0.177 104.500 0.195
201803 0.095 105.300 0.104
201806 0.289 104.900 0.317
201809 0.283 106.600 0.306
201812 0.389 106.500 0.421
201903 0.488 107.700 0.522
201906 0.154 107.700 0.165
201909 0.322 109.800 0.338
201912 0.415 111.200 0.430
202003 0.043 112.300 0.044
202006 0.342 110.400 0.357
202009 0.290 111.700 0.299
202012 0.355 111.500 0.367
202103 0.115 112.662 0.118
202106 0.148 111.769 0.153
202109 0.087 112.215 0.089
202112 0.726 113.108 0.740
202203 0.112 114.335 0.113
202206 0.490 114.558 0.493
202209 0.178 115.339 0.178
202212 0.390 115.116 0.390
202303 0.098 115.116 0.098
202306 0.200 114.558 0.201
202309 0.366 115.339 0.366
202312 0.463 114.781 0.465
202403 0.207 115.227 0.207

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


Jinxi Axle Co  (SHSE:600495) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.37/1.32
=2.55

* 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 Jinxi Axle Co was 6.79. The lowest was 1.51. And the median was 2.42.


Be Aware

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


Jinxi Axle Co Cyclically Adjusted Revenue per Share Related Terms

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


Jinxi Axle Co (SHSE:600495) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027
Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.
Executives
Jiang Xin Le senior management

Jinxi Axle Co (SHSE:600495) Headlines

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