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Dalian Friendship (Group) Co (SZSE:000679) Cyclically Adjusted Revenue per Share : ¥3.84 (As of Mar. 2024)


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What is Dalian Friendship (Group) 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.

Dalian Friendship (Group) Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.108. 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 ¥3.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dalian Friendship (Group) Co's average Cyclically Adjusted Revenue Growth Rate was -23.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -17.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -6.80% 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 Dalian Friendship (Group) Co was 15.60% per year. The lowest was -17.60% per year. And the median was 2.35% per year.

As of today (2024-05-19), Dalian Friendship (Group) Co's current stock price is ¥3.41. Dalian Friendship (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.84. Dalian Friendship (Group) Co's Cyclically Adjusted PS Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dalian Friendship (Group) Co was 2.39. The lowest was 0.29. And the median was 0.71.


Dalian Friendship (Group) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Dalian Friendship (Group) 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.

Dalian Friendship (Group) Co Cyclically Adjusted Revenue per Share Chart

Dalian Friendship (Group) 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 8.78 7.28 6.26 5.25 4.07

Dalian Friendship (Group) 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 5.01 4.67 4.30 4.07 3.84

Competitive Comparison of Dalian Friendship (Group) Co's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Dalian Friendship (Group) 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.


Dalian Friendship (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dalian Friendship (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dalian Friendship (Group) Co's Cyclically Adjusted PS Ratio falls into.



Dalian Friendship (Group) 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, Dalian Friendship (Group) 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)
=0.108/115.2271*115.2271
=0.108

Current CPI (Mar. 2024) = 115.2271.

Dalian Friendship (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.909 98.200 3.413
201409 3.117 98.900 3.632
201412 1.963 99.000 2.285
201503 2.250 99.900 2.595
201506 1.683 99.500 1.949
201509 1.787 100.500 2.049
201512 2.090 100.600 2.394
201603 1.431 102.200 1.613
201606 1.430 101.400 1.625
201609 1.379 102.400 1.552
201612 1.190 102.600 1.336
201703 1.832 103.200 2.046
201706 1.285 103.100 1.436
201709 0.626 104.100 0.693
201712 1.997 104.500 2.202
201803 0.875 105.300 0.957
201806 0.635 104.900 0.698
201809 0.811 106.600 0.877
201812 0.722 106.500 0.781
201903 0.617 107.700 0.660
201906 0.557 107.700 0.596
201909 0.458 109.800 0.481
201912 0.552 111.200 0.572
202003 0.288 112.300 0.296
202006 -0.080 110.400 -0.083
202009 0.118 111.700 0.122
202012 0.141 111.500 0.146
202103 0.125 112.662 0.128
202106 0.117 111.769 0.121
202109 0.134 112.215 0.138
202112 0.124 113.108 0.126
202203 0.119 114.335 0.120
202206 0.110 114.558 0.111
202209 0.091 115.339 0.091
202212 0.097 115.116 0.097
202303 0.118 115.116 0.118
202306 0.118 114.558 0.119
202309 0.116 115.339 0.116
202312 0.091 114.781 0.091
202403 0.108 115.227 0.108

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


Dalian Friendship (Group) Co  (SZSE:000679) 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.

Dalian Friendship (Group) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.41/3.84
=0.89

* 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 Dalian Friendship (Group) Co was 2.39. The lowest was 0.29. And the median was 0.71.


Be Aware

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


Dalian Friendship (Group) Co Cyclically Adjusted Revenue per Share Related Terms

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Dalian Friendship (Group) Co (SZSE:000679) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Qiyi Street, Zhongshan District, Liaoning, Dalian, CHN, 116001
Dalian Friendship (Group) Co Ltd is a large-scale comprehensive trading enterprise group that is mainly engaged in retail department stores, hotel management and real estate development.

Dalian Friendship (Group) Co (SZSE:000679) Headlines

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