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Qingdao Topscomm Communication (SHSE:603421) Cyclically Adjusted Revenue per Share : ¥3.79 (As of Mar. 2025)


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What is Qingdao Topscomm Communication 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.

Qingdao Topscomm Communication's adjusted revenue per share for the three months ended in Mar. 2025 was ¥0.344. 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 ¥3.79 for the trailing ten years ended in Mar. 2025.

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), Qingdao Topscomm Communication's current stock price is ¥6.35. Qingdao Topscomm Communication's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ¥3.79. Qingdao Topscomm Communication's Cyclically Adjusted PS Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Qingdao Topscomm Communication was 2.32. The lowest was 1.07. And the median was 1.66.


Qingdao Topscomm Communication Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Qingdao Topscomm Communication'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.

Qingdao Topscomm Communication Cyclically Adjusted Revenue per Share Chart

Qingdao Topscomm Communication 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 - - - - 3.85

Qingdao Topscomm Communication 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 - 3.75 3.79 3.85 3.79

Competitive Comparison of Qingdao Topscomm Communication's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.


Qingdao Topscomm Communication's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's Cyclically Adjusted PS Ratio falls into.


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Qingdao Topscomm Communication 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, Qingdao Topscomm Communication'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)
=0.344/115.1156*115.1156
=0.344

Current CPI (Mar. 2025) = 115.1156.

Qingdao Topscomm Communication Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.000 0.000
201509 0.411 100.500 0.471
201512 0.787 100.600 0.901
201603 0.572 102.200 0.644
201606 0.420 101.400 0.477
201609 0.689 102.400 0.775
201612 0.846 102.600 0.949
201703 0.320 103.200 0.357
201706 0.534 103.100 0.596
201709 0.623 104.100 0.689
201712 1.005 104.500 1.107
201803 0.449 105.300 0.491
201806 0.598 104.900 0.656
201809 0.736 106.600 0.795
201812 0.750 106.500 0.811
201903 0.388 107.700 0.415
201906 0.557 107.700 0.595
201909 0.906 109.800 0.950
201912 1.220 111.200 1.263
202003 0.363 112.300 0.372
202006 0.943 110.400 0.983
202009 0.812 111.700 0.837
202012 1.619 111.500 1.671
202103 0.368 112.662 0.376
202106 0.691 111.769 0.712
202109 1.119 112.215 1.148
202112 2.048 113.108 2.084
202203 0.428 114.335 0.431
202206 1.372 114.558 1.379
202209 0.929 115.339 0.927
202212 2.176 115.116 2.176
202303 0.719 115.116 0.719
202306 1.562 114.558 1.570
202309 1.040 115.339 1.038
202312 2.400 114.781 2.407
202403 0.716 115.227 0.715
202406 1.316 114.781 1.320
202409 1.101 115.785 1.095
202412 1.707 114.893 1.710
202503 0.344 115.116 0.344

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


Qingdao Topscomm Communication  (SHSE:603421) 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.

Qingdao Topscomm Communication's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.35/3.79
=1.68

* 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 Qingdao Topscomm Communication was 2.32. The lowest was 1.07. And the median was 1.66.


Be Aware

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


Qingdao Topscomm Communication Cyclically Adjusted Revenue per Share Related Terms

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Qingdao Topscomm Communication Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
Executives
Fan Jian Hua Directors, senior managers
Gao Feng Supervisors
Wang Jian Hua Director
Diao Rui Peng senior management
Chen Ping senior management
Ceng Fan Yi Director
Yuan Zhi Shuang Director
Ge Jun Directors, senior managers
Zhou Li Min senior management
Xu Rui Supervisors
Bao Chun Xia senior management
Xu Guang Yi senior management

Qingdao Topscomm Communication Headlines

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