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Tianjin Port Holding Co (SHSE:600717) Cyclically Adjusted Revenue per Share : ¥5.74 (As of Mar. 2024)


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What is Tianjin Port Holding 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.

Tianjin Port Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.004. 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 ¥5.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tianjin Port Holding Co's average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Tianjin Port Holding Co was 23.40% per year. The lowest was -1.70% per year. And the median was 11.15% per year.

As of today (2024-04-30), Tianjin Port Holding Co's current stock price is ¥4.45. Tianjin Port Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.74. Tianjin Port Holding Co's Cyclically Adjusted PS Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tianjin Port Holding Co was 2.88. The lowest was 0.59. And the median was 0.80.


Tianjin Port Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tianjin Port Holding 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.

Tianjin Port Holding Co Cyclically Adjusted Revenue per Share Chart

Tianjin Port Holding 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 6.07 6.15 6.21 6.14 5.84

Tianjin Port Holding 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 6.09 5.98 5.96 5.84 5.74

Competitive Comparison of Tianjin Port Holding Co's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Tianjin Port Holding 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.


Tianjin Port Holding Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Tianjin Port Holding 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, Tianjin Port Holding 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)
=1.004/114.6694*114.6694
=1.004

Current CPI (Mar. 2024) = 114.6694.

Tianjin Port Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.967 98.200 2.297
201409 2.449 98.900 2.839
201412 2.721 99.000 3.152
201503 1.502 99.900 1.724
201506 1.477 99.500 1.702
201509 1.282 100.500 1.463
201512 1.115 100.600 1.271
201603 0.975 102.200 1.094
201606 1.095 101.400 1.238
201609 1.157 102.400 1.296
201612 1.468 102.600 1.641
201703 1.212 103.200 1.347
201706 1.305 103.100 1.451
201709 1.219 104.100 1.343
201712 1.164 104.500 1.277
201803 0.966 105.300 1.052
201806 1.654 104.900 1.808
201809 1.456 106.600 1.566
201812 1.461 106.500 1.573
201903 1.232 107.700 1.312
201906 1.818 107.700 1.936
201909 1.435 109.800 1.499
201912 1.480 111.200 1.526
202003 1.197 112.300 1.222
202006 1.699 110.400 1.765
202009 1.342 111.700 1.378
202012 1.485 111.500 1.527
202103 1.167 112.662 1.188
202106 1.407 111.769 1.444
202109 1.243 112.215 1.270
202112 1.239 113.108 1.256
202203 0.739 114.335 0.741
202206 1.290 114.558 1.291
202209 0.838 115.339 0.833
202212 0.998 115.116 0.994
202303 0.951 115.116 0.947
202306 0.877 114.558 0.878
202309 1.037 115.339 1.031
202312 1.197 114.669 1.197
202403 1.004 114.669 1.004

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


Tianjin Port Holding Co  (SHSE:600717) 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.

Tianjin Port Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.45/5.74
=0.78

* 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 Tianjin Port Holding Co was 2.88. The lowest was 0.59. And the median was 0.80.


Be Aware

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


Tianjin Port Holding Co Cyclically Adjusted Revenue per Share Related Terms

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


Tianjin Port Holding Co (SHSE:600717) Business Description

Traded in Other Exchanges
N/A
Address
Tongda Square No. 1 District A, Tianjin Free Trade Zone, Tianjin, Tianjin, CHN, 300461
Tianjin Port Holding Co Ltd is engaged in the shipping industry.

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