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Venustech Group (SZSE:002439) Cyclically Adjusted Revenue per Share : ¥3.48 (As of Mar. 2024)


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What is Venustech Group 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.

Venustech Group's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.734. 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 ¥3.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Venustech Group's average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% 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 Venustech Group was 19.90% per year. The lowest was 15.20% per year. And the median was 17.50% per year.

As of today (2024-06-19), Venustech Group's current stock price is ¥18.36. Venustech Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.48. Venustech Group's Cyclically Adjusted PS Ratio of today is 5.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Venustech Group was 23.81. The lowest was 5.05. And the median was 12.84.


Venustech Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Venustech Group'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.

Venustech Group Cyclically Adjusted Revenue per Share Chart

Venustech Group 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 1.90 2.23 2.67 3.08 3.41

Venustech Group 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 3.15 3.19 3.29 3.41 3.48

Competitive Comparison of Venustech Group's Cyclically Adjusted Revenue per Share

For the Software - Infrastructure subindustry, Venustech Group'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.


Venustech Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Venustech Group 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, Venustech Group'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)
=0.734/115.2271*115.2271
=0.734

Current CPI (Mar. 2024) = 115.2271.

Venustech Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.285 98.200 0.334
201409 0.313 98.900 0.365
201412 0.757 99.000 0.881
201503 0.229 99.900 0.264
201506 0.307 99.500 0.356
201509 0.445 100.500 0.510
201512 0.833 100.600 0.954
201603 0.262 102.200 0.295
201606 0.458 101.400 0.520
201609 0.522 102.400 0.587
201612 1.063 102.600 1.194
201703 0.342 103.200 0.382
201706 0.449 103.100 0.502
201709 0.545 104.100 0.603
201712 1.259 104.500 1.388
201803 0.323 105.300 0.353
201806 0.506 104.900 0.556
201809 0.627 106.600 0.678
201812 1.321 106.500 1.429
201903 0.386 107.700 0.413
201906 0.573 107.700 0.613
201909 0.782 109.800 0.821
201912 1.715 111.200 1.777
202003 0.252 112.300 0.259
202006 0.554 110.400 0.578
202009 0.740 111.700 0.763
202012 2.341 111.500 2.419
202103 0.536 112.662 0.548
202106 0.764 111.769 0.788
202109 0.921 112.215 0.946
202112 2.494 113.108 2.541
202203 0.637 114.335 0.642
202206 0.673 114.558 0.677
202209 1.035 115.339 1.034
202212 2.351 115.116 2.353
202303 0.839 115.116 0.840
202306 0.807 114.558 0.812
202309 1.080 115.339 1.079
202312 2.040 114.781 2.048
202403 0.734 115.227 0.734

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


Venustech Group  (SZSE:002439) 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.

Venustech Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.36/3.48
=5.28

* 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 Venustech Group was 23.81. The lowest was 5.05. And the median was 12.84.


Be Aware

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


Venustech Group Cyclically Adjusted Revenue per Share Related Terms

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


Venustech Group (SZSE:002439) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.8 Northeast Wangxi Road, 1st Floor, Qimingxing Building, Building 21, Zhongguancun Software Park, Haidian District, Beijing, CHN
Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China.
Executives
Qi Jian Director
Wang Jia Directors, executives
Zhang Yuan Directors, executives
Yan Li Directors, executives
Liu Ke Quan Directors, executives
Xie Qi Zhi Supervisors
Pan Zhong Yu Directors, executives
Zhong Dan Securities Affairs Representative
Liu Xing Chi Supervisors
Qiu Wei Executives

Venustech Group (SZSE:002439) Headlines

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