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Shanghai New World Co (SHSE:600628) Cyclically Adjusted Revenue per Share : ¥3.83 (As of Mar. 2024)


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What is Shanghai New World 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 New World Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.427. 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 ¥3.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai New World Co's average Cyclically Adjusted Revenue Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.00% 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 New World Co was 9.60% per year. The lowest was -11.30% per year. And the median was 4.65% per year.

As of today (2024-06-20), Shanghai New World Co's current stock price is ¥5.53. Shanghai New World Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.83. Shanghai New World Co's Cyclically Adjusted PS Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shanghai New World Co was 3.63. The lowest was 0.95. And the median was 1.59.


Shanghai New World Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shanghai New World 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 New World Co Cyclically Adjusted Revenue per Share Chart

Shanghai New World 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 6.22 5.68 5.20 4.60 3.97

Shanghai New World 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 4.45 4.29 4.18 3.97 3.83

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

For the Department Stores subindustry, Shanghai New World 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 New World Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai New World Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shanghai New World 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 New World 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)
=0.427/115.2271*115.2271
=0.427

Current CPI (Mar. 2024) = 115.2271.

Shanghai New World Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.354 98.200 1.589
201409 1.302 98.900 1.517
201412 1.849 99.000 2.152
201503 1.572 99.900 1.813
201506 1.434 99.500 1.661
201509 1.428 100.500 1.637
201512 1.609 100.600 1.843
201603 1.751 102.200 1.974
201606 1.057 101.400 1.201
201609 1.649 102.400 1.856
201612 1.193 102.600 1.340
201703 1.181 103.200 1.319
201706 1.003 103.100 1.121
201709 1.160 104.100 1.284
201712 1.309 104.500 1.443
201803 1.145 105.300 1.253
201806 0.911 104.900 1.001
201809 0.972 106.600 1.051
201812 1.252 106.500 1.355
201903 1.077 107.700 1.152
201906 0.397 107.700 0.425
201909 0.329 109.800 0.345
201912 0.788 111.200 0.817
202003 0.289 112.300 0.297
202006 0.367 110.400 0.383
202009 0.451 111.700 0.465
202012 0.481 111.500 0.497
202103 0.455 112.662 0.465
202106 0.456 111.769 0.470
202109 0.442 112.215 0.454
202112 0.492 113.108 0.501
202203 0.400 114.335 0.403
202206 0.164 114.558 0.165
202209 0.384 115.339 0.384
202212 0.398 115.116 0.398
202303 0.443 115.116 0.443
202306 0.400 114.558 0.402
202309 0.411 115.339 0.411
202312 0.548 114.781 0.550
202403 0.427 115.227 0.427

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


Shanghai New World Co  (SHSE:600628) 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 New World Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.53/3.83
=1.44

* 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 New World Co was 3.63. The lowest was 0.95. And the median was 1.59.


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 New World Co Cyclically Adjusted Revenue per Share Related Terms

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Shanghai New World Co (SHSE:600628) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-88 Nanjing West Road, Shanghai, Shanghai, CHN, 200003
Shanghai New World Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.
Executives
Sun Yue Kai Supervisors
Ma Bing Fang senior management

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