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FESCO Group Co (SHSE:600861) Cyclically Adjusted Revenue per Share : ¥23.07 (As of Mar. 2024)


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What is FESCO 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.

FESCO Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥18.637. 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 ¥23.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FESCO Group Co's average Cyclically Adjusted Revenue Growth Rate was 38.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 41.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% 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 FESCO Group Co was 41.80% per year. The lowest was -2.70% per year. And the median was 6.95% per year.

As of today (2024-06-12), FESCO Group Co's current stock price is ¥18.62. FESCO Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥23.07. FESCO Group Co's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FESCO Group Co was 4.01. The lowest was 0.76. And the median was 1.57.


FESCO Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FESCO 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.

FESCO Group Co Cyclically Adjusted Revenue per Share Chart

FESCO 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 7.99 7.51 7.04 14.58 21.39

FESCO 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 16.67 18.53 19.96 21.39 23.07

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

For the Staffing & Employment Services subindustry, FESCO 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.


FESCO Group Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FESCO Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FESCO 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, FESCO 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)
=18.637/115.2271*115.2271
=18.637

Current CPI (Mar. 2024) = 115.2271.

FESCO Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.416 98.200 1.662
201409 1.316 98.900 1.533
201412 1.986 99.000 2.312
201503 1.946 99.900 2.245
201506 1.267 99.500 1.467
201509 2.593 100.500 2.973
201512 2.759 100.600 3.160
201603 2.309 102.200 2.603
201606 1.877 101.400 2.133
201609 1.893 102.400 2.130
201612 2.506 102.600 2.814
201703 2.147 103.200 2.397
201706 1.530 103.100 1.710
201709 1.449 104.100 1.604
201712 1.893 104.500 2.087
201803 1.735 105.300 1.899
201806 1.327 104.900 1.458
201809 1.304 106.600 1.410
201812 1.695 106.500 1.834
201903 1.754 107.700 1.877
201906 1.441 107.700 1.542
201909 1.548 109.800 1.625
201912 2.057 111.200 2.131
202003 0.563 112.300 0.578
202006 0.460 110.400 0.480
202009 0.575 111.700 0.593
202012 0.624 111.500 0.645
202103 0.612 112.662 0.626
202106 0.529 111.769 0.545
202109 0.522 112.215 0.536
202112 0.539 113.108 0.549
202203 0.594 114.335 0.599
202206 38.096 114.558 38.319
202209 21.579 115.339 21.558
202212 22.341 115.116 22.363
202303 23.846 115.116 23.869
202306 21.412 114.558 21.537
202309 14.902 115.339 14.888
202312 17.735 114.781 17.804
202403 18.637 115.227 18.637

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


FESCO Group Co  (SHSE:600861) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.62/23.07
=0.81

* 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 FESCO Group Co was 4.01. The lowest was 0.76. And the median was 1.57.


Be Aware

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


FESCO Group Co Cyclically Adjusted Revenue per Share Related Terms

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


FESCO Group Co (SHSE:600861) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 23, Fuxing Road, Haidian District, Beijing, CHN, 100022
FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.
Executives
Wang Lu Zheng Director
Chen Hong Director
Zhou He Ping Director
Yuan Li senior management
Zhao Lei senior management

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