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Shanghai Shenda Co (SHSE:600626) Cyclically Adjusted Revenue per Share : ¥14.25 (As of Mar. 2024)


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What is Shanghai Shenda 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.

Shanghai Shenda Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.188. 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 ¥14.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai Shenda Co's average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Shanghai Shenda Co was 11.00% per year. The lowest was 0.10% per year. And the median was 6.10% per year.

As of today (2024-06-23), Shanghai Shenda Co's current stock price is ¥2.37. Shanghai Shenda Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥14.25. Shanghai Shenda Co's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shanghai Shenda Co was 2.80. The lowest was 0.17. And the median was 0.47.


Shanghai Shenda Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shanghai Shenda 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.

Shanghai Shenda Co Cyclically Adjusted Revenue per Share Chart

Shanghai Shenda 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 14.10 14.18 14.30 14.40 14.24

Shanghai Shenda 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 14.38 14.28 14.23 14.24 14.25

Competitive Comparison of Shanghai Shenda Co's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Shanghai Shenda 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.


Shanghai Shenda Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Shenda Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shanghai Shenda 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, Shanghai Shenda 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)
=2.188/115.2271*115.2271
=2.188

Current CPI (Mar. 2024) = 115.2271.

Shanghai Shenda Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.411 98.200 2.829
201409 2.580 98.900 3.006
201412 2.571 99.000 2.992
201503 2.430 99.900 2.803
201506 2.303 99.500 2.667
201509 2.944 100.500 3.375
201512 3.174 100.600 3.635
201603 3.033 102.200 3.420
201606 2.738 101.400 3.111
201609 3.249 102.400 3.656
201612 3.190 102.600 3.583
201703 2.991 103.200 3.340
201706 2.857 103.100 3.193
201709 3.373 104.100 3.734
201712 6.441 104.500 7.102
201803 5.706 105.300 6.244
201806 5.653 104.900 6.210
201809 5.674 106.600 6.133
201812 5.947 106.500 6.434
201903 4.367 107.700 4.672
201906 4.175 107.700 4.467
201909 4.375 109.800 4.591
201912 4.311 111.200 4.467
202003 3.286 112.300 3.372
202006 2.420 110.400 2.526
202009 3.510 111.700 3.621
202012 3.483 111.500 3.599
202103 3.284 112.662 3.359
202106 3.144 111.769 3.241
202109 1.707 112.215 1.753
202112 2.406 113.108 2.451
202203 2.192 114.335 2.209
202206 2.418 114.558 2.432
202209 2.811 115.339 2.808
202212 2.729 115.116 2.732
202303 2.371 115.116 2.373
202306 2.659 114.558 2.675
202309 1.723 115.339 1.721
202312 3.744 114.781 3.759
202403 2.188 115.227 2.188

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


Shanghai Shenda Co  (SHSE:600626) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.37/14.25
=0.17

* 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 Shanghai Shenda Co was 2.80. The lowest was 0.17. And the median was 0.47.


Be Aware

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


Shanghai Shenda Co Cyclically Adjusted Revenue per Share Related Terms

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


Shanghai Shenda Co (SHSE:600626) Business Description

Traded in Other Exchanges
N/A
Address
1500 Jiangning Road, Shenda International Building, Shanghai, CHN, 200060
Shanghai Shenda Co Ltd is engaged in the international and domestic trade of textile products.
Executives
Hu Chun senior management
Ma Tian Yu senior management
Chen Jian Director
Shen Yao Qing Director
An Xiu Qing Director
Yao Ming Hua senior management
Xi Shi Ping Director
Wang Qiu Rong Director
Chen Kai Jian Supervisors

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