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SEC Electric Machinery Co (SHSE:603988) Cyclically Adjusted Revenue per Share : ¥2.72 (As of Sep. 2024)


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What is SEC Electric Machinery 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.

SEC Electric Machinery Co's adjusted revenue per share for the three months ended in Sep. 2024 was ¥0.769. 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 ¥2.72 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SEC Electric Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 3.40% 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 (2024-12-11), SEC Electric Machinery Co's current stock price is ¥21.55. SEC Electric Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥2.72. SEC Electric Machinery Co's Cyclically Adjusted PS Ratio of today is 7.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SEC Electric Machinery Co was 8.82. The lowest was 2.50. And the median was 3.85.


SEC Electric Machinery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SEC Electric Machinery 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.

SEC Electric Machinery Co Cyclically Adjusted Revenue per Share Chart

SEC Electric Machinery 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 - - - 2.60 2.67

SEC Electric Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.63 2.67 2.69 2.67 2.72

Competitive Comparison of SEC Electric Machinery Co's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, SEC Electric Machinery 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.


SEC Electric Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SEC Electric Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SEC Electric Machinery 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, SEC Electric Machinery Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.769/115.7848*115.7848
=0.769

Current CPI (Sep. 2024) = 115.7848.

SEC Electric Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.357 99.000 0.418
201503 0.303 99.900 0.351
201506 0.217 99.500 0.253
201509 0.290 100.500 0.334
201512 0.338 100.600 0.389
201603 0.253 102.200 0.287
201606 0.221 101.400 0.252
201609 0.264 102.400 0.299
201612 0.387 102.600 0.437
201703 0.452 103.200 0.507
201706 0.566 103.100 0.636
201709 0.301 104.100 0.335
201712 0.837 104.500 0.927
201803 0.598 105.300 0.658
201806 0.615 104.900 0.679
201809 0.529 106.600 0.575
201812 0.455 106.500 0.495
201903 0.542 107.700 0.583
201906 0.503 107.700 0.541
201909 0.580 109.800 0.612
201912 0.959 111.200 0.999
202003 0.515 112.300 0.531
202006 0.984 110.400 1.032
202009 1.107 111.700 1.147
202012 1.059 111.500 1.100
202103 0.598 112.662 0.615
202106 0.891 111.769 0.923
202109 1.178 112.215 1.215
202112 0.896 113.108 0.917
202203 0.866 114.335 0.877
202206 0.802 114.558 0.811
202209 0.710 115.339 0.713
202212 1.290 115.116 1.297
202303 1.015 115.116 1.021
202306 0.508 114.558 0.513
202309 0.642 115.339 0.644
202312 1.338 114.781 1.350
202403 0.479 115.227 0.481
202406 0.645 114.781 0.651
202409 0.769 115.785 0.769

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


SEC Electric Machinery Co  (SHSE:603988) 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.

SEC Electric Machinery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.55/2.72
=7.92

* 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 SEC Electric Machinery Co was 8.82. The lowest was 2.50. And the median was 3.85.


Be Aware

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


SEC Electric Machinery Co Cyclically Adjusted Revenue per Share Related Terms

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


SEC Electric Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN
SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motor, short-circuit generator and turbo generators. It primarily caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.
Executives
Wang Jian Yu Director
Wang Jian Kai Director

SEC Electric Machinery Co Headlines

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