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Maanshan Iron And Steel Co (SHSE:600808) Cyclically Adjusted Revenue per Share : ¥11.08 (As of Mar. 2025)


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What is Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co's adjusted revenue per share for the three months ended in Mar. 2025 was ¥2.696. 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 ¥11.08 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Maanshan Iron And Steel Co's average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.10% 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 Maanshan Iron And Steel Co was 12.90% per year. The lowest was 1.10% per year. And the median was 2.80% per year.

As of today (2025-05-31), Maanshan Iron And Steel Co's current stock price is ¥3.42. Maanshan Iron And Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥11.08. Maanshan Iron And Steel Co's Cyclically Adjusted PS Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maanshan Iron And Steel Co was 0.76. The lowest was 0.16. And the median was 0.30.


Maanshan Iron And Steel Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co Cyclically Adjusted Revenue per Share Chart

Maanshan Iron And Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.17 10.40 10.78 10.91 10.97

Maanshan Iron And Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.00 11.03 11.15 10.97 11.08

Competitive Comparison of Maanshan Iron And Steel Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Cyclically Adjusted PS Ratio falls into.


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Maanshan Iron And Steel 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, Maanshan Iron And Steel Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.696/115.1156*115.1156
=2.696

Current CPI (Mar. 2025) = 115.1156.

Maanshan Iron And Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.470 99.500 1.701
201509 1.465 100.500 1.678
201512 1.349 100.600 1.544
201603 1.325 102.200 1.492
201606 1.396 101.400 1.585
201609 1.556 102.400 1.749
201612 1.987 102.600 2.229
201703 2.307 103.200 2.573
201706 2.263 103.100 2.527
201709 2.296 104.100 2.539
201712 2.645 104.500 2.914
201803 2.324 105.300 2.541
201806 2.891 104.900 3.173
201809 2.993 106.600 3.232
201812 2.447 106.500 2.645
201903 2.116 107.700 2.262
201906 2.746 107.700 2.935
201909 2.673 109.800 2.802
201912 2.685 111.200 2.780
202003 2.147 112.300 2.201
202006 2.703 110.400 2.818
202009 2.698 111.700 2.781
202012 3.042 111.500 3.141
202103 3.162 112.662 3.231
202106 4.202 111.769 4.328
202109 3.760 112.215 3.857
202112 3.639 113.108 3.704
202203 3.393 114.335 3.416
202206 3.932 114.558 3.951
202209 2.984 115.339 2.978
202212 3.393 115.116 3.393
202303 3.125 115.116 3.125
202306 3.207 114.558 3.223
202309 3.263 115.339 3.257
202312 3.079 114.781 3.088
202403 2.623 115.227 2.620
202406 2.967 114.781 2.976
202409 2.402 115.785 2.388
202412 2.725 114.893 2.730
202503 2.696 115.116 2.696

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


Maanshan Iron And Steel Co  (SHSE:600808) 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.

Maanshan Iron And Steel Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.42/11.08
=0.31

* 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 Maanshan Iron And Steel Co was 0.76. The lowest was 0.16. And the median was 0.30.


Be Aware

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


Maanshan Iron And Steel Co Cyclically Adjusted Revenue per Share Related Terms

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


Maanshan Iron And Steel Co Business Description

Industry
Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It focuses on the business of production and sales of iron and steel products and their by-products, and Masteel Finance mainly provides financial services within the Group. Their main production processes include iron making, steel making, steel rolling, etc. Dominantly the products of the Company include steel, which is composed of four product series of special steel, wheels and axles, long products and plates. Geographically, it is present in Mainland China generating the key revenue and Overseas and Hong Kong.
Executives
Mao Zhan Hong senior management

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