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Lanzhou Lishang Guochao Industrial Group Co (SHSE:600738) Cyclically Adjusted Revenue per Share : ¥1.98 (As of Mar. 2024)


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What is Lanzhou Lishang Guochao Industrial 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.

Lanzhou Lishang Guochao Industrial Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.243. 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 ¥1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lanzhou Lishang Guochao Industrial Group Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 Lanzhou Lishang Guochao Industrial Group Co was 12.70% per year. The lowest was -12.80% per year. And the median was 3.55% per year.

As of today (2024-04-30), Lanzhou Lishang Guochao Industrial Group Co's current stock price is ¥4.23. Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.98. Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lanzhou Lishang Guochao Industrial Group Co was 4.61. The lowest was 1.15. And the median was 2.16.


Lanzhou Lishang Guochao Industrial Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lanzhou Lishang Guochao Industrial 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.

Lanzhou Lishang Guochao Industrial Group Co Cyclically Adjusted Revenue per Share Chart

Lanzhou Lishang Guochao Industrial 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 3.65 3.29 2.86 2.42 2.07

Lanzhou Lishang Guochao Industrial 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 2.31 2.23 2.16 2.07 1.98

Competitive Comparison of Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Lanzhou Lishang Guochao Industrial 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.


Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted PS Ratio falls into.



Lanzhou Lishang Guochao Industrial 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, Lanzhou Lishang Guochao Industrial 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)
=0.243/114.6694*114.6694
=0.243

Current CPI (Mar. 2024) = 114.6694.

Lanzhou Lishang Guochao Industrial Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.741 98.200 0.865
201409 0.807 98.900 0.936
201412 0.777 99.000 0.900
201503 0.914 99.900 1.049
201506 0.697 99.500 0.803
201509 0.716 100.500 0.817
201512 0.724 100.600 0.825
201603 0.804 102.200 0.902
201606 0.628 101.400 0.710
201609 0.645 102.400 0.722
201612 0.762 102.600 0.852
201703 0.492 103.200 0.547
201706 0.402 103.100 0.447
201709 0.415 104.100 0.457
201712 0.432 104.500 0.474
201803 0.541 105.300 0.589
201806 0.393 104.900 0.430
201809 0.426 106.600 0.458
201812 0.406 106.500 0.437
201903 0.866 107.700 0.922
201906 0.460 107.700 0.490
201909 0.417 109.800 0.435
201912 0.702 111.200 0.724
202003 0.213 112.300 0.217
202006 0.171 110.400 0.178
202009 0.181 111.700 0.186
202012 0.194 111.500 0.200
202103 0.218 112.662 0.222
202106 0.174 111.769 0.179
202109 0.249 112.215 0.254
202112 0.190 113.108 0.193
202203 0.287 114.335 0.288
202206 0.262 114.558 0.262
202209 0.243 115.339 0.242
202212 0.155 115.116 0.154
202303 0.295 115.116 0.294
202306 0.338 114.558 0.338
202309 0.265 115.339 0.263
202312 0.279 114.669 0.279
202403 0.243 114.669 0.243

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


Lanzhou Lishang Guochao Industrial Group Co  (SHSE:600738) 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.

Lanzhou Lishang Guochao Industrial Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.23/1.98
=2.14

* 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 Lanzhou Lishang Guochao Industrial Group Co was 4.61. The lowest was 1.15. And the median was 2.16.


Be Aware

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


Lanzhou Lishang Guochao Industrial Group Co Cyclically Adjusted Revenue per Share Related Terms

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Lanzhou Lishang Guochao Industrial Group Co (SHSE:600738) Business Description

Traded in Other Exchanges
N/A
Address
120 Zhongshan Road, 8-10th Floor, Chengguan District, Gansu Province, Lanzhou, CHN, 730030
Lanzhou Lishang Guochao Industrial Group Co Ltd, formerly Lanzhou Minbai Shareholding Group Co Ltd is engaged in the commercial retail sector. It is principally engaged in the operation of large retail stores. The company also operates restaurants and hotels.

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