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Ninestar (SZSE:002180) Cyclically Adjusted Revenue per Share : ¥15.78 (As of Mar. 2024)


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What is Ninestar 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.

Ninestar's adjusted revenue per share for the three months ended in Mar. 2024 was ¥4.449. 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 ¥15.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ninestar's average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.70% 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 Ninestar was 82.10% per year. The lowest was 16.20% per year. And the median was 34.65% per year.

As of today (2024-05-22), Ninestar's current stock price is ¥28.77. Ninestar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥15.78. Ninestar's Cyclically Adjusted PS Ratio of today is 1.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ninestar was 34.03. The lowest was 1.19. And the median was 4.09.


Ninestar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ninestar'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.

Ninestar Cyclically Adjusted Revenue per Share Chart

Ninestar 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 7.96 9.75 11.75 13.72 15.30

Ninestar 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 14.16 14.48 14.94 15.30 15.78

Competitive Comparison of Ninestar's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Ninestar'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.


Ninestar's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ninestar 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, Ninestar'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)
=4.449/115.2271*115.2271
=4.449

Current CPI (Mar. 2024) = 115.2271.

Ninestar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.212 98.200 0.249
201409 0.570 98.900 0.664
201412 0.484 99.000 0.563
201503 0.420 99.900 0.484
201506 0.410 99.500 0.475
201509 0.607 100.500 0.696
201512 0.723 100.600 0.828
201603 0.695 102.200 0.784
201606 0.739 101.400 0.840
201609 0.786 102.400 0.884
201612 3.580 102.600 4.021
201703 5.165 103.200 5.767
201706 5.926 103.100 6.623
201709 5.150 104.100 5.700
201712 4.691 104.500 5.173
201803 4.742 105.300 5.189
201806 5.012 104.900 5.505
201809 5.147 106.600 5.564
201812 5.659 106.500 6.123
201903 4.821 107.700 5.158
201906 5.302 107.700 5.673
201909 5.686 109.800 5.967
201912 5.992 111.200 6.209
202003 4.893 112.300 5.021
202006 4.332 110.400 4.521
202009 4.673 111.700 4.821
202012 4.518 111.500 4.669
202103 4.786 112.662 4.895
202106 4.974 111.769 5.128
202109 5.028 112.215 5.163
202112 4.457 113.108 4.541
202203 4.119 114.335 4.151
202206 4.554 114.558 4.581
202209 4.693 115.339 4.688
202212 4.911 115.116 4.916
202303 4.585 115.116 4.589
202306 4.064 114.558 4.088
202309 3.962 115.339 3.958
202312 4.460 114.781 4.477
202403 4.449 115.227 4.449

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


Ninestar  (SZSE:002180) 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.

Ninestar's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.77/15.78
=1.82

* 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 Ninestar was 34.03. The lowest was 1.19. And the median was 4.09.


Be Aware

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


Ninestar Cyclically Adjusted Revenue per Share Related Terms

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


Ninestar (SZSE:002180) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3883, Zhuhai Avenue, Xiangzhou District, Zhuhai, CHN, 519075
Ninestar Corporation manufactures and sells printer consumables and chip design. It is engaged in print imaging, imaging and output technology solutions, and print management services. The company provides its products through distributors.

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