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Zhuzhou Smelter Group Co (SHSE:600961) Cyclically Adjusted Revenue per Share : ¥23.34 (As of Mar. 2024)


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What is Zhuzhou Smelter 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.

Zhuzhou Smelter Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥3.617. 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 ¥23.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zhuzhou Smelter Group Co's average Cyclically Adjusted Revenue Growth Rate was -6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 Zhuzhou Smelter Group Co was 5.00% per year. The lowest was -3.30% per year. And the median was -0.20% per year.

As of today (2024-05-01), Zhuzhou Smelter Group Co's current stock price is ¥10.46. Zhuzhou Smelter Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥23.34. Zhuzhou Smelter Group Co's Cyclically Adjusted PS Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zhuzhou Smelter Group Co was 0.77. The lowest was 0.21. And the median was 0.33.


Zhuzhou Smelter Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Zhuzhou Smelter 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.

Zhuzhou Smelter Group Co Cyclically Adjusted Revenue per Share Chart

Zhuzhou Smelter 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 27.13 26.15 25.64 25.33 23.63

Zhuzhou Smelter 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 24.99 24.59 24.27 23.63 23.34

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

For the Other Industrial Metals & Mining subindustry, Zhuzhou Smelter 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.


Zhuzhou Smelter Group Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhuzhou Smelter Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zhuzhou Smelter 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, Zhuzhou Smelter 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)
=3.617/114.6694*114.6694
=3.617

Current CPI (Mar. 2024) = 114.6694.

Zhuzhou Smelter Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.497 98.200 8.754
201409 7.383 98.900 8.560
201412 9.470 99.000 10.969
201503 6.041 99.900 6.934
201506 6.897 99.500 7.948
201509 6.263 100.500 7.146
201512 7.309 100.600 8.331
201603 4.748 102.200 5.327
201606 4.840 101.400 5.473
201609 6.830 102.400 7.648
201612 7.493 102.600 8.374
201703 5.916 103.200 6.573
201706 4.015 103.100 4.466
201709 6.823 104.100 7.516
201712 9.202 104.500 10.097
201803 5.189 105.300 5.651
201806 6.898 104.900 7.540
201809 4.950 106.600 5.325
201812 7.652 106.500 8.239
201903 3.521 107.700 3.749
201906 3.852 107.700 4.101
201909 5.210 109.800 5.441
201912 0.549 111.200 0.566
202003 3.282 112.300 3.351
202006 5.786 110.400 6.010
202009 4.964 111.700 5.096
202012 3.564 111.500 3.665
202103 4.951 112.662 5.039
202106 6.547 111.769 6.717
202109 4.442 112.215 4.539
202112 2.609 113.108 2.645
202203 5.286 114.335 5.301
202206 6.743 114.558 6.750
202209 4.546 115.339 4.520
202212 4.028 115.116 4.012
202303 4.169 115.116 4.153
202306 5.669 114.558 5.675
202309 4.034 115.339 4.011
202312 3.605 114.669 3.605
202403 3.617 114.669 3.617

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


Zhuzhou Smelter Group Co  (SHSE:600961) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.46/23.34
=0.45

* 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 Zhuzhou Smelter Group Co was 0.77. The lowest was 0.21. And the median was 0.33.


Be Aware

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


Zhuzhou Smelter Group Co Cyclically Adjusted Revenue per Share Related Terms

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Zhuzhou Smelter Group Co (SHSE:600961) Business Description

Traded in Other Exchanges
N/A
Address
Qingshuitang, Shifeng District, Hunan Province, Zhuzhou, CHN, 412007
Zhuzhou Smelter Group Co Ltd produces and sells lead, zinc, and alloy products in China. Further, the group comprehensively recovers various rare metals such as copper, gold, silver, antimony, cadmium, indium and antimony and sulfuric acid. Geographically it operates through the region of China.

Zhuzhou Smelter Group Co (SHSE:600961) Headlines

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