GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tongyu Communication Inc (SZSE:002792) » Definitions » Cyclically Adjusted Revenue per Share

Tongyu Communication (SZSE:002792) Cyclically Adjusted Revenue per Share : ¥4.47 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Tongyu Communication 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.

Tongyu Communication's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.589. 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 ¥4.47 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-26), Tongyu Communication's current stock price is ¥14.48. Tongyu Communication's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.47. Tongyu Communication's Cyclically Adjusted PS Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tongyu Communication was 4.54. The lowest was 2.50. And the median was 3.51.


Tongyu Communication Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tongyu Communication'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.

Tongyu Communication Cyclically Adjusted Revenue per Share Chart

Tongyu Communication 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 - - - - 4.51

Tongyu Communication 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 - 4.55 4.54 4.51 4.47

Competitive Comparison of Tongyu Communication's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Tongyu Communication'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.


Tongyu Communication's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Tongyu Communication 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, Tongyu Communication'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)
=0.589/115.2271*115.2271
=0.589

Current CPI (Mar. 2024) = 115.2271.

Tongyu Communication Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 1.065 99.900 1.228
201506 1.490 99.500 1.726
201509 1.070 100.500 1.227
201512 1.267 100.600 1.451
201603 1.036 102.200 1.168
201606 0.949 101.400 1.078
201609 0.811 102.400 0.913
201612 0.952 102.600 1.069
201703 0.864 103.200 0.965
201706 1.348 103.100 1.507
201709 1.361 104.100 1.506
201712 1.033 104.500 1.139
201803 0.756 105.300 0.827
201806 1.342 104.900 1.474
201809 1.326 106.600 1.433
201812 1.282 106.500 1.387
201903 1.718 107.700 1.838
201906 0.927 107.700 0.992
201909 1.580 109.800 1.658
201912 0.713 111.200 0.739
202003 0.692 112.300 0.710
202006 1.531 110.400 1.598
202009 1.275 111.700 1.315
202012 0.923 111.500 0.954
202103 1.015 112.662 1.038
202106 1.521 111.769 1.568
202109 1.217 112.215 1.250
202112 0.333 113.108 0.339
202203 1.005 114.335 1.013
202206 0.992 114.558 0.998
202209 0.820 115.339 0.819
202212 0.651 115.116 0.652
202303 0.605 115.116 0.606
202306 0.747 114.558 0.751
202309 0.784 115.339 0.783
202312 1.042 114.781 1.046
202403 0.589 115.227 0.589

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


Tongyu Communication  (SZSE:002792) 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.

Tongyu Communication's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.48/4.47
=3.24

* 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 Tongyu Communication was 4.54. The lowest was 2.50. And the median was 3.51.


Be Aware

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


Tongyu Communication Cyclically Adjusted Revenue per Share Related Terms

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


Tongyu Communication (SZSE:002792) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.3 Jintong Street ,State-Level, Torch Hi-Tech Industrial Development Zone, Guandong, Zhongshan City, CHN, 528437
Tongyu Communication Inc develops, manufactures and sells communication antennas and RF devices, optical module and other products used in mobile communication systems. The company produces base station antennas, RF components, microwave antennas, indoor antennas.
Executives
Wu Zhong Lin Director
Chen Hong Sheng Directors, executives
Fang Feng Ming Executives
Liu Mu Lin Directors, executives
Gao Zhuo Feng Supervisors
Sun Jun Quan Supervisors
Huang Si Ding Executives

Tongyu Communication (SZSE:002792) Headlines

No Headlines