GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (OTCPK:SNPMF) » Definitions » Cyclically Adjusted Revenue per Share

China Petroleum & Chemical (China Petroleum & Chemical) Cyclically Adjusted Revenue per Share : $3.59 (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is China Petroleum & Chemical 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.

China Petroleum & Chemical's adjusted revenue per share for the three months ended in Sep. 2023 was $1.004. 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 $3.59 for the trailing ten years ended in Sep. 2023.

During the past 12 months, China Petroleum & Chemical's average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% 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 China Petroleum & Chemical was 20.90% per year. The lowest was -0.30% per year. And the median was 6.60% per year.

As of today (2024-06-09), China Petroleum & Chemical's current stock price is $0.63. China Petroleum & Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $3.59. China Petroleum & Chemical's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Petroleum & Chemical was 0.43. The lowest was 0.11. And the median was 0.23.


China Petroleum & Chemical Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Petroleum & Chemical'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.

China Petroleum & Chemical Cyclically Adjusted Revenue per Share Chart

China Petroleum & Chemical 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 3.32 3.68 3.60 3.69 3.56

China Petroleum & Chemical 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 3.46 3.56 3.60 3.51 3.59

Competitive Comparison of China Petroleum & Chemical's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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.


China Petroleum & Chemical's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Cyclically Adjusted PS Ratio falls into.



China Petroleum & Chemical 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, China Petroleum & Chemical'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)
=1.004/115.3387*115.3387
=1.004

Current CPI (Sep. 2023) = 115.3387.

China Petroleum & Chemical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.046 97.624 1.236
201403 0.883 98.600 1.033
201406 0.973 98.200 1.143
201409 1.060 98.900 1.236
201412 0.980 99.000 1.142
201503 0.635 99.900 0.733
201506 0.752 99.500 0.872
201509 0.614 100.500 0.705
201512 0.619 100.600 0.710
201603 0.525 102.200 0.592
201606 0.584 101.400 0.664
201609 0.599 102.400 0.675
201612 0.674 102.600 0.758
201703 0.697 103.200 0.779
201706 0.709 103.100 0.793
201709 0.721 104.100 0.799
201712 0.774 104.500 0.854
201803 0.810 105.300 0.887
201806 0.870 104.900 0.957
201809 0.933 106.600 1.009
201812 0.970 106.500 1.051
201903 0.885 107.700 0.948
201906 0.934 107.700 1.000
201909 0.850 109.800 0.893
201912 0.855 111.200 0.887
202003 0.653 112.300 0.671
202006 0.558 110.400 0.583
202009 0.630 111.700 0.651
202012 0.696 111.500 0.720
202103 0.731 112.662 0.748
202106 0.880 111.769 0.908
202109 0.950 112.215 0.976
202112 0.958 113.108 0.977
202203 1.002 114.335 1.011
202206 1.039 114.558 1.046
202209 0.993 115.339 0.993
202212 1.031 115.116 1.033
202303 0.958 115.116 0.960
202306 0.934 114.558 0.940
202309 1.004 115.339 1.004

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


China Petroleum & Chemical  (OTCPK:SNPMF) 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.

China Petroleum & Chemical's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.63/3.59
=0.18

* 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 China Petroleum & Chemical was 0.43. The lowest was 0.11. And the median was 0.23.


Be Aware

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


China Petroleum & Chemical Cyclically Adjusted Revenue per Share Related Terms

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


China Petroleum & Chemical (China Petroleum & Chemical) Business Description

Industry
Traded in Other Exchanges
Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.