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CHN Energy Changyuan Electric Power Co (SZSE:000966) Cyclically Adjusted Revenue per Share : ¥5.74 (As of Mar. 2024)


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What is CHN Energy Changyuan Electric Power 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.

CHN Energy Changyuan Electric Power Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.536. 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 ¥5.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CHN Energy Changyuan Electric Power Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% 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 CHN Energy Changyuan Electric Power Co was 14.10% per year. The lowest was -4.10% per year. And the median was 1.70% per year.

As of today (2024-04-29), CHN Energy Changyuan Electric Power Co's current stock price is ¥4.71. CHN Energy Changyuan Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.74. CHN Energy Changyuan Electric Power Co's Cyclically Adjusted PS Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CHN Energy Changyuan Electric Power Co was 2.05. The lowest was 0.38. And the median was 0.78.


CHN Energy Changyuan Electric Power Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for CHN Energy Changyuan Electric Power 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.

CHN Energy Changyuan Electric Power Co Cyclically Adjusted Revenue per Share Chart

CHN Energy Changyuan Electric Power 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 6.88 6.52 6.21 6.07 5.76

CHN Energy Changyuan Electric Power 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 6.01 5.91 5.85 5.76 5.74

Competitive Comparison of CHN Energy Changyuan Electric Power Co's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Electric subindustry, CHN Energy Changyuan Electric Power 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.


CHN Energy Changyuan Electric Power Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CHN Energy Changyuan Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CHN Energy Changyuan Electric Power Co's Cyclically Adjusted PS Ratio falls into.



CHN Energy Changyuan Electric Power 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, CHN Energy Changyuan Electric Power 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)
=1.536/114.6694*114.6694
=1.536

Current CPI (Mar. 2024) = 114.6694.

CHN Energy Changyuan Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.461 98.200 1.706
201409 1.585 98.900 1.838
201412 1.431 99.000 1.657
201503 1.435 99.900 1.647
201506 0.868 99.500 1.000
201509 1.765 100.500 2.014
201512 1.455 100.600 1.658
201603 1.287 102.200 1.444
201606 0.758 101.400 0.857
201609 1.460 102.400 1.635
201612 1.347 102.600 1.505
201703 1.451 103.200 1.612
201706 0.772 103.100 0.859
201709 1.451 104.100 1.598
201712 1.255 104.500 1.377
201803 1.498 105.300 1.631
201806 1.111 104.900 1.214
201809 1.656 106.600 1.781
201812 1.656 106.500 1.783
201903 1.850 107.700 1.970
201906 1.221 107.700 1.300
201909 1.897 109.800 1.981
201912 1.678 111.200 1.730
202003 1.098 112.300 1.121
202006 1.212 110.400 1.259
202009 1.090 111.700 1.119
202012 1.171 111.500 1.204
202103 1.200 112.662 1.221
202106 1.126 111.769 1.155
202109 1.176 112.215 1.202
202112 1.242 113.108 1.259
202203 1.367 114.335 1.371
202206 1.126 114.558 1.127
202209 1.480 115.339 1.471
202212 1.318 115.116 1.313
202303 1.428 115.116 1.422
202306 1.089 114.558 1.090
202309 1.367 115.339 1.359
202312 1.377 114.669 1.377
202403 1.536 114.669 1.536

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


CHN Energy Changyuan Electric Power Co  (SZSE:000966) 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.

CHN Energy Changyuan Electric Power Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.71/5.74
=0.82

* 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 CHN Energy Changyuan Electric Power Co was 2.05. The lowest was 0.38. And the median was 0.78.


Be Aware

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


CHN Energy Changyuan Electric Power Co Cyclically Adjusted Revenue per Share Related Terms

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CHN Energy Changyuan Electric Power Co (SZSE:000966) Business Description

Traded in Other Exchanges
N/A
Address
No. 113 Xudong Street, Guodian Building, Hongshan District, Hubei, Wuhan, CHN, 430066
Guodian Changyuan Electric Power Co Ltd Ltd is primarily engaged in the generation and distribution of thermal power, electrical power, and coal. The company operates its businesses principally in the Hubei province.

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