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Guirenniao Co (SHSE:603555) Cyclically Adjusted Revenue per Share : ¥3.25 (As of Sep. 2023)


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What is Guirenniao 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.

Guirenniao Co's adjusted revenue per share for the three months ended in Sep. 2023 was ¥0.259. 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 ¥3.25 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Guirenniao Co's average Cyclically Adjusted Revenue Growth Rate was -11.00% 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 (2024-06-07), Guirenniao Co's current stock price is ¥0.67. Guirenniao Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ¥3.25. Guirenniao Co's Cyclically Adjusted PS Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Guirenniao Co was 1.15. The lowest was 0.21. And the median was 0.78.


Guirenniao Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Guirenniao 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.

Guirenniao Co Cyclically Adjusted Revenue per Share Chart

Guirenniao Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.85 3.56

Guirenniao Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.65 3.56 3.45 3.31 3.25

Competitive Comparison of Guirenniao Co's Cyclically Adjusted Revenue per Share

For the Footwear & Accessories subindustry, Guirenniao 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.


Guirenniao Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Guirenniao Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Guirenniao 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, Guirenniao Co's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.259/115.3387*115.3387
=0.259

Current CPI (Sep. 2023) = 115.3387.

Guirenniao Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.362 97.624 1.609
201403 0.901 98.600 1.054
201406 0.759 98.200 0.891
201409 0.569 98.900 0.664
201412 0.958 99.000 1.116
201503 0.851 99.900 0.983
201506 0.805 99.500 0.933
201509 0.627 100.500 0.720
201512 0.924 100.600 1.059
201603 0.854 102.200 0.964
201606 0.804 101.400 0.915
201609 0.587 102.400 0.661
201612 1.477 102.600 1.660
201703 1.222 103.200 1.366
201706 1.289 103.100 1.442
201709 1.171 104.100 1.297
201712 1.491 104.500 1.646
201803 1.325 105.300 1.451
201806 1.021 104.900 1.123
201809 1.222 106.600 1.322
201812 0.813 106.500 0.880
201903 0.750 107.700 0.803
201906 0.514 107.700 0.550
201909 0.567 109.800 0.596
201912 0.684 111.200 0.709
202003 0.275 112.300 0.282
202006 0.604 110.400 0.631
202009 0.480 111.700 0.496
202012 0.559 111.500 0.578
202103 0.321 112.662 0.329
202106 0.531 111.769 0.548
202109 0.219 112.215 0.225
202112 0.498 113.108 0.508
202203 0.290 114.335 0.293
202206 0.128 114.558 0.129
202209 0.227 115.339 0.227
202212 1.191 115.116 1.193
202303 0.315 115.116 0.316
202306 0.107 114.558 0.108
202309 0.259 115.339 0.259

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


Guirenniao Co  (SHSE:603555) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.67/3.25
=0.21

* 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 Guirenniao Co was 1.15. The lowest was 0.21. And the median was 0.78.


Be Aware

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


Guirenniao Co Cyclically Adjusted Revenue per Share Related Terms

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


Guirenniao Co (SHSE:603555) Business Description

Traded in Other Exchanges
N/A
Address
Surabaya Road 629, Wuyuan Bay Operations Center, 18th Floor Xiangan Business Building, Huli District, Fujian Province, Xiamen, CHN
Guirenniao Co Ltd is engaged in design, production and marketing of sports shoes, sports apparel and accessories.
Executives
Fan Ling Yun Supervisors
Lin Si En Director

Guirenniao Co (SHSE:603555) Headlines

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