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Toly Bread Co (SHSE:603866) Cyclically Adjusted Revenue per Share : ¥3.47 (As of Mar. 2024)


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What is Toly Bread 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.

Toly Bread Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.875. 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 ¥3.47 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Toly Bread Co's current stock price is ¥6.20. Toly Bread Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.47. Toly Bread Co's Cyclically Adjusted PS Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toly Bread Co was 3.13. The lowest was 1.73. And the median was 2.26.


Toly Bread Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Toly Bread 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.

Toly Bread Co Cyclically Adjusted Revenue per Share Chart

Toly Bread 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 - - - - 3.45

Toly Bread 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 - 3.39 3.45 3.45 3.47

Competitive Comparison of Toly Bread Co's Cyclically Adjusted Revenue per Share

For the Grocery Stores subindustry, Toly Bread 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.


Toly Bread Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Toly Bread Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toly Bread 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, Toly Bread 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)
=0.875/115.2271*115.2271
=0.875

Current CPI (Mar. 2024) = 115.2271.

Toly Bread Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.825 98.600 0.964
201409 0.000 98.900 0.000
201412 0.429 99.000 0.499
201503 0.374 99.900 0.431
201506 0.485 99.500 0.562
201509 0.534 100.500 0.612
201512 0.537 100.600 0.615
201603 0.438 102.200 0.494
201606 0.548 101.400 0.623
201609 0.619 102.400 0.697
201612 0.633 102.600 0.711
201703 0.559 103.200 0.624
201706 0.675 103.100 0.754
201709 0.769 104.100 0.851
201712 0.758 104.500 0.836
201803 0.638 105.300 0.698
201806 0.760 104.900 0.835
201809 0.876 106.600 0.947
201812 0.844 106.500 0.913
201903 0.737 107.700 0.789
201906 0.913 107.700 0.977
201909 1.009 109.800 1.059
201912 0.983 111.200 1.019
202003 0.854 112.300 0.876
202006 0.914 110.400 0.954
202009 1.054 111.700 1.087
202012 1.002 111.500 1.035
202103 0.829 112.662 0.848
202106 1.008 111.769 1.039
202109 1.078 112.215 1.107
202112 1.045 113.108 1.065
202203 0.908 114.335 0.915
202206 1.096 114.558 1.102
202209 1.139 115.339 1.138
202212 1.037 115.116 1.038
202303 0.922 115.116 0.923
202306 1.082 114.558 1.088
202309 1.163 115.339 1.162
202312 1.058 114.781 1.062
202403 0.875 115.227 0.875

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


Toly Bread Co  (SHSE:603866) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.20/3.47
=1.79

* 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 Toly Bread Co was 3.13. The lowest was 1.73. And the median was 2.26.


Be Aware

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


Toly Bread Co Cyclically Adjusted Revenue per Share Related Terms

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


Toly Bread Co (SHSE:603866) Business Description

Traded in Other Exchanges
N/A
Address
No. 176, Clove Street, Liaoning Province, Sujiatun District, Shenyang, CHN
Toly Bread Co Ltd is a China-based company engaged in the production, processing, and sale of baked goods such as bread, cakes, moon cakes, and dumplings. Its products portfolio includes peach and plum, peach bread and peach moon cake.
Executives
Zhang Yin An senior management
Sheng Ya Li Director
Wu Xue Liang Director
Sheng Long Director
Wu Xue Dong Director
Guan Li Xin Supervisors
Wu Zhi Gang Director
Tan Xiu Kun senior management

Toly Bread Co (SHSE:603866) Headlines

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