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Tianfeng Securities Co (SHSE:601162) Cyclically Adjusted Revenue per Share : ¥0.56 (As of Mar. 2025)


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What is Tianfeng Securities 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.

Tianfeng Securities Co's adjusted revenue per share for the three months ended in Mar. 2025 was ¥0.070. 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 ¥0.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tianfeng Securities Co's average Cyclically Adjusted Revenue Growth Rate was -5.10% 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.

As of today (2025-06-02), Tianfeng Securities Co's current stock price is ¥3.90. Tianfeng Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥0.56. Tianfeng Securities Co's Cyclically Adjusted PS Ratio of today is 6.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tianfeng Securities Co was 10.23. The lowest was 3.69. And the median was 5.15.


Tianfeng Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tianfeng Securities 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.

Tianfeng Securities Co Cyclically Adjusted Revenue per Share Chart

Tianfeng Securities 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 - - - 0.61 0.57

Tianfeng Securities 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 0.59 0.58 0.57 0.57 0.56

Competitive Comparison of Tianfeng Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Tianfeng Securities 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.


Tianfeng Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tianfeng Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Tianfeng Securities 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, Tianfeng Securities 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)
=0.07/115.1156*115.1156
=0.070

Current CPI (Mar. 2025) = 115.1156.

Tianfeng Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.237 99.900 0.273
201506 0.296 99.500 0.342
201512 0.000 100.600 0.000
201603 0.099 102.200 0.112
201606 0.128 101.400 0.145
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 0.150 104.500 0.165
201803 0.117 105.300 0.128
201806 0.138 104.900 0.151
201809 0.125 106.600 0.135
201812 0.225 106.500 0.243
201903 0.199 107.700 0.213
201906 0.144 107.700 0.154
201909 0.125 109.800 0.131
201912 0.156 111.200 0.161
202003 0.205 112.300 0.210
202006 0.154 110.400 0.161
202009 0.203 111.700 0.209
202012 0.132 111.500 0.136
202103 0.076 112.662 0.078
202106 0.125 111.769 0.129
202109 0.169 112.215 0.173
202112 0.152 113.108 0.155
202203 0.049 114.335 0.049
202206 0.154 114.558 0.155
202209 0.145 115.339 0.145
202212 0.009 115.116 0.009
202303 0.147 115.116 0.147
202306 0.084 114.558 0.084
202309 0.064 115.339 0.064
202312 0.159 114.781 0.159
202403 0.019 115.227 0.019
202406 0.079 114.781 0.079
202409 0.056 115.785 0.056
202412 0.156 114.893 0.156
202503 0.070 115.116 0.070

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


Tianfeng Securities Co  (SHSE:601162) 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.

Tianfeng Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.90/0.56
=6.96

* 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 Tianfeng Securities Co was 10.23. The lowest was 3.69. And the median was 5.15.


Be Aware

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


Tianfeng Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Tianfeng Securities Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guandongyuan Road, 4th Floor, Gaoke Building, Donghu New Technology Development Zone, Hubei, Wuhan, CHN, 430071
Tianfeng Securities Co Ltd is a China-based company engaged in the securities and futures-related business. Its business scope includes securities brokerage, securities investment consulting, financial advisers related to securities trading and securities investment activities; securities investment fund agency sales; securities underwriting and sponsorship; securities asset management, securities self-employment; margin financing, and securities lending.

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