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Tibet Mineral Development Co (SZSE:000762) Cyclically Adjusted Revenue per Share : ¥1.67 (As of Mar. 2024)


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What is Tibet Mineral Development 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.

Tibet Mineral Development Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.283. 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 ¥1.67 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% 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 Tibet Mineral Development Co was 10.00% per year. The lowest was -0.50% per year. And the median was 5.30% per year.

As of today (2024-05-29), Tibet Mineral Development Co's current stock price is ¥20.99. Tibet Mineral Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.67. Tibet Mineral Development Co's Cyclically Adjusted PS Ratio of today is 12.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tibet Mineral Development Co was 61.37. The lowest was 4.46. And the median was 12.11.


Tibet Mineral Development Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tibet Mineral Development 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.

Tibet Mineral Development Co Cyclically Adjusted Revenue per Share Chart

Tibet Mineral Development 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 1.48 1.42 1.36 1.68 1.65

Tibet Mineral Development 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 1.67 1.68 1.69 1.65 1.67

Competitive Comparison of Tibet Mineral Development Co's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Tibet Mineral Development 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.


Tibet Mineral Development Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tibet Mineral Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tibet Mineral Development Co's Cyclically Adjusted PS Ratio falls into.



Tibet Mineral Development 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, Tibet Mineral Development 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)
=0.283/115.2271*115.2271
=0.283

Current CPI (Mar. 2024) = 115.2271.

Tibet Mineral Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.375 98.200 0.440
201409 0.292 98.900 0.340
201412 0.282 99.000 0.328
201503 0.301 99.900 0.347
201506 0.578 99.500 0.669
201509 0.499 100.500 0.572
201512 0.537 100.600 0.615
201603 0.369 102.200 0.416
201606 0.174 101.400 0.198
201609 0.289 102.400 0.325
201612 0.503 102.600 0.565
201703 0.116 103.200 0.130
201706 0.199 103.100 0.222
201709 0.502 104.100 0.556
201712 0.465 104.500 0.513
201803 0.175 105.300 0.191
201806 0.276 104.900 0.303
201809 0.239 106.600 0.258
201812 0.269 106.500 0.291
201903 0.103 107.700 0.110
201906 0.314 107.700 0.336
201909 0.428 109.800 0.449
201912 0.414 111.200 0.429
202003 0.109 112.300 0.112
202006 0.163 110.400 0.170
202009 0.225 111.700 0.232
202012 0.239 111.500 0.247
202103 0.261 112.662 0.267
202106 0.173 111.769 0.178
202109 0.404 112.215 0.415
202112 0.404 113.108 0.412
202203 0.679 114.335 0.684
202206 1.660 114.558 1.670
202209 0.202 115.339 0.202
202212 1.709 115.116 1.711
202303 0.171 115.116 0.171
202306 0.383 114.558 0.385
202309 0.519 115.339 0.518
202312 0.448 114.781 0.450
202403 0.283 115.227 0.283

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


Tibet Mineral Development Co  (SZSE:000762) 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.

Tibet Mineral Development Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.99/1.67
=12.57

* 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 Tibet Mineral Development Co was 61.37. The lowest was 4.46. And the median was 12.11.


Be Aware

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


Tibet Mineral Development Co Cyclically Adjusted Revenue per Share Related Terms

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Tibet Mineral Development Co (SZSE:000762) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jinzhu Second Road, Zhonghe International City, Lhasa, CHN
Website
Tibet Mineral Development Co Ltd is an integrated mine development company in China, mainly engaged in R&D, production, and distribution of ferrous metal material.
Executives
Bu Qiong Ci Ren Directors, executives
Ren Zhen Qu Zhen Supervisors
Ni La Executives
Gan Qi Yi Independent director
Rao Qiong Directors, executives
Chen Rong Fa Director
Liu Xiao Jiang Executives
Shen Ming Hong Director
La Ba Jiang Cun Executives
La Ba Ci Ren Directors, executives
Suo Lang Duo Ji Directors, executives

Tibet Mineral Development Co (SZSE:000762) Headlines

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