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Fuyao Glass Industry Group Co (SHSE:600660) Cyclically Adjusted Revenue per Share : ¥9.01 (As of Mar. 2024)


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What is Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥3.374. 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 ¥9.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fuyao Glass Industry Group Co's average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% 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 Fuyao Glass Industry Group Co was 17.40% per year. The lowest was 5.90% per year. And the median was 11.10% per year.

As of today (2024-05-02), Fuyao Glass Industry Group Co's current stock price is ¥49.83. Fuyao Glass Industry Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.01. Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio of today is 5.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fuyao Glass Industry Group Co was 8.62. The lowest was 2.01. And the median was 3.89.


Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Chart

Fuyao Glass Industry Group 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 6.99 7.26 7.69 8.29 8.84

Fuyao Glass Industry Group 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 8.40 8.49 8.71 8.84 9.01

Competitive Comparison of Fuyao Glass Industry Group Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Fuyao Glass Industry Group 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.


Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio falls into.



Fuyao Glass Industry Group 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, Fuyao Glass Industry Group 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)
=3.374/114.6694*114.6694
=3.374

Current CPI (Mar. 2024) = 114.6694.

Fuyao Glass Industry Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.589 98.200 1.855
201409 1.623 98.900 1.882
201412 1.774 99.000 2.055
201503 1.614 99.900 1.853
201506 1.345 99.500 1.550
201509 1.225 100.500 1.398
201512 1.581 100.600 1.802
201603 1.407 102.200 1.579
201606 1.614 101.400 1.825
201609 1.617 102.400 1.811
201612 1.965 102.600 2.196
201703 1.696 103.200 1.884
201706 1.760 103.100 1.957
201709 1.856 104.100 2.044
201712 2.187 104.500 2.400
201803 1.857 105.300 2.022
201806 2.141 104.900 2.340
201809 2.024 106.600 2.177
201812 2.023 106.500 2.178
201903 1.954 107.700 2.080
201906 2.147 107.700 2.286
201909 2.162 109.800 2.258
201912 2.183 111.200 2.251
202003 1.632 112.300 1.666
202006 1.569 110.400 1.630
202009 2.310 111.700 2.371
202012 2.440 111.500 2.509
202103 2.268 112.662 2.308
202106 2.299 111.769 2.359
202109 2.175 112.215 2.223
202112 2.484 113.108 2.518
202203 2.480 114.335 2.487
202206 2.449 114.558 2.451
202209 2.877 115.339 2.860
202212 2.948 115.116 2.937
202303 2.699 115.116 2.689
202306 3.079 114.558 3.082
202309 3.344 115.339 3.325
202312 3.604 114.669 3.604
202403 3.374 114.669 3.374

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


Fuyao Glass Industry Group Co  (SHSE:600660) 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.

Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.83/9.01
=5.53

* 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 Fuyao Glass Industry Group Co was 8.62. The lowest was 2.01. And the median was 3.89.


Be Aware

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


Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Related Terms

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Fuyao Glass Industry Group Co (SHSE:600660) Business Description

Traded in Other Exchanges
Address
Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.

Fuyao Glass Industry Group Co (SHSE:600660) Headlines

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