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Luyin Investment Group Co (SHSE:600784) Cyclically Adjusted Revenue per Share : ¥4.80 (As of Mar. 2024)


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What is Luyin Investment 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.

Luyin Investment Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.215. 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 ¥4.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luyin Investment Group Co's average Cyclically Adjusted Revenue Growth Rate was -13.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.10% 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 Luyin Investment Group Co was 12.10% per year. The lowest was -9.90% per year. And the median was -3.80% per year.

As of today (2024-06-22), Luyin Investment Group Co's current stock price is ¥4.64. Luyin Investment Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.80. Luyin Investment Group Co's Cyclically Adjusted PS Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Luyin Investment Group Co was 2.07. The lowest was 0.51. And the median was 0.82.


Luyin Investment Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Luyin Investment 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.

Luyin Investment Group Co Cyclically Adjusted Revenue per Share Chart

Luyin Investment 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 7.35 6.70 6.18 5.68 4.90

Luyin Investment 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 5.56 5.34 5.19 4.90 4.80

Competitive Comparison of Luyin Investment Group Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Luyin Investment 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.


Luyin Investment Group Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Luyin Investment Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Luyin Investment Group Co's Cyclically Adjusted PS Ratio falls into.



Luyin Investment 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, Luyin Investment 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)
=1.215/115.2271*115.2271
=1.215

Current CPI (Mar. 2024) = 115.2271.

Luyin Investment Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.697 98.200 1.991
201409 1.098 98.900 1.279
201412 1.235 99.000 1.437
201503 0.886 99.900 1.022
201506 0.647 99.500 0.749
201509 0.883 100.500 1.012
201512 1.295 100.600 1.483
201603 0.899 102.200 1.014
201606 1.785 101.400 2.028
201609 1.333 102.400 1.500
201612 1.075 102.600 1.207
201703 0.587 103.200 0.655
201706 0.762 103.100 0.852
201709 0.891 104.100 0.986
201712 1.141 104.500 1.258
201803 0.645 105.300 0.706
201806 0.688 104.900 0.756
201809 1.159 106.600 1.253
201812 1.006 106.500 1.088
201903 0.745 107.700 0.797
201906 0.711 107.700 0.761
201909 1.203 109.800 1.262
201912 0.925 111.200 0.958
202003 0.828 112.300 0.850
202006 1.210 110.400 1.263
202009 1.300 111.700 1.341
202012 1.082 111.500 1.118
202103 1.255 112.662 1.284
202106 1.235 111.769 1.273
202109 1.304 112.215 1.339
202112 1.488 113.108 1.516
202203 1.173 114.335 1.182
202206 1.713 114.558 1.723
202209 1.397 115.339 1.396
202212 1.446 115.116 1.447
202303 1.453 115.116 1.454
202306 1.403 114.558 1.411
202309 1.283 115.339 1.282
202312 0.835 114.781 0.838
202403 1.215 115.227 1.215

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


Luyin Investment Group Co  (SHSE:600784) 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.

Luyin Investment Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.64/4.8
=0.97

* 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 Luyin Investment Group Co was 2.07. The lowest was 0.51. And the median was 0.82.


Be Aware

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


Luyin Investment Group Co Cyclically Adjusted Revenue per Share Related Terms

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


Luyin Investment Group Co (SHSE:600784) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 20518, Jingshi Road, Shandong Province, Jinan, CHN, 250002
Luyin Investment Group Co Ltd is engaged in Powder metallurgy and products, Real estate, Trade, and others. The main products of the company's powder metallurgy and products business are powder metallurgy materials, automotive structural parts, and powder metallurgy parts. It is applied to products such as automobiles and home appliances, and others. The main products of the real estate business are commercial and residential real estate development, and the trading business relies on the purchase and sale of iron ore, billet, building materials, and other products.
Executives
Li Chun Lin Director
Sun Dian Min Director
Liu Shi He Director
Li Wei Director
Fu Shen senior management

Luyin Investment Group Co (SHSE:600784) Headlines

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