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Eastern Communications Co (SHSE:900941) Cyclically Adjusted Revenue per Share : $0.09 (As of Mar. 2024)


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What is Eastern Communications 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.

Eastern Communications Co's adjusted revenue per share for the three months ended in Mar. 2024 was $0.063. 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 $0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eastern Communications Co's average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 10 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Eastern Communications Co was -0.90% per year. The lowest was -25.40% per year. And the median was -3.50% per year.

As of today (2024-06-10), Eastern Communications Co's current stock price is $0.293. Eastern Communications Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.09. Eastern Communications Co's Cyclically Adjusted PS Ratio of today is 3.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Eastern Communications Co was 13.55. The lowest was 0.66. And the median was 2.99.


Eastern Communications Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Eastern Communications 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.

Eastern Communications Co Cyclically Adjusted Revenue per Share Chart

Eastern Communications 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 0.07 0.10 0.11 0.11 0.08

Eastern Communications 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 0.10 0.08 0.08 0.08 0.09

Competitive Comparison of Eastern Communications Co's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Eastern Communications 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, Eastern Communications 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)
=0.063/115.2271*115.2271
=0.063

Current CPI (Mar. 2024) = 115.2271.

Eastern Communications Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.145 98.200 0.170
201409 0.128 98.900 0.149
201412 0.125 99.000 0.145
201503 0.071 99.900 0.082
201506 0.174 99.500 0.202
201509 0.065 100.500 0.075
201512 0.138 100.600 0.158
201603 0.072 102.200 0.081
201606 0.080 101.400 0.091
201609 0.075 102.400 0.084
201612 0.013 102.600 0.015
201703 0.051 103.200 0.057
201706 0.068 103.100 0.076
201709 0.068 104.100 0.075
201712 0.101 104.500 0.111
201803 0.061 105.300 0.067
201806 0.071 104.900 0.078
201809 0.058 106.600 0.063
201812 0.096 106.500 0.104
201903 0.055 107.700 0.059
201906 0.083 107.700 0.089
201909 0.082 109.800 0.086
201912 0.099 111.200 0.103
202003 0.051 112.300 0.052
202006 0.079 110.400 0.082
202009 0.076 111.700 0.078
202012 0.140 111.500 0.145
202103 0.065 112.662 0.066
202106 0.099 111.769 0.102
202109 0.088 112.215 0.090
202112 0.126 113.108 0.128
202203 0.070 114.335 0.071
202206 0.092 114.558 0.093
202209 0.089 115.339 0.089
202212 0.128 115.116 0.128
202303 0.071 115.116 0.071
202306 0.071 114.558 0.071
202309 0.073 115.339 0.073
202312 0.116 114.781 0.116
202403 0.063 115.227 0.063

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


Eastern Communications Co  (SHSE:900941) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.293/0.09
=3.26

* 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 Eastern Communications Co was 13.55. The lowest was 0.66. And the median was 2.99.


Be Aware

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


Eastern Communications Co Cyclically Adjusted Revenue per Share Related Terms

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


Eastern Communications Co (SHSE:900941) Business Description

Industry
Traded in Other Exchanges
Address
No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

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