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Shanghai Kinetic Medical Co (SZSE:300326) Cyclically Adjusted Revenue per Share : ¥1.32 (As of Mar. 2024)


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What is Shanghai Kinetic Medical 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.

Shanghai Kinetic Medical Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.344. 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 ¥1.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai Kinetic Medical Co's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.00% 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 Shanghai Kinetic Medical Co was 14.00% per year. The lowest was 14.00% per year. And the median was 14.00% per year.

As of today (2024-05-26), Shanghai Kinetic Medical Co's current stock price is ¥4.57. Shanghai Kinetic Medical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.32. Shanghai Kinetic Medical Co's Cyclically Adjusted PS Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shanghai Kinetic Medical Co was 35.06. The lowest was 3.42. And the median was 7.42.


Shanghai Kinetic Medical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shanghai Kinetic Medical 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.

Shanghai Kinetic Medical Co Cyclically Adjusted Revenue per Share Chart

Shanghai Kinetic Medical 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 - 0.87 1.03 1.19 1.29

Shanghai Kinetic Medical 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 1.22 1.24 1.27 1.29 1.32

Competitive Comparison of Shanghai Kinetic Medical Co's Cyclically Adjusted Revenue per Share

For the Medical Devices subindustry, Shanghai Kinetic Medical 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.


Shanghai Kinetic Medical Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Kinetic Medical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Kinetic Medical Co's Cyclically Adjusted PS Ratio falls into.



Shanghai Kinetic Medical 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, Shanghai Kinetic Medical 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)
=0.344/115.2271*115.2271
=0.344

Current CPI (Mar. 2024) = 115.2271.

Shanghai Kinetic Medical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.090 98.200 0.106
201409 0.074 98.900 0.086
201412 0.154 99.000 0.179
201503 0.127 99.900 0.146
201506 0.196 99.500 0.227
201509 0.194 100.500 0.222
201512 0.207 100.600 0.237
201603 0.165 102.200 0.186
201606 0.243 101.400 0.276
201609 0.233 102.400 0.262
201612 0.163 102.600 0.183
201703 0.216 103.200 0.241
201706 0.295 103.100 0.330
201709 0.287 104.100 0.318
201712 0.320 104.500 0.353
201803 0.324 105.300 0.355
201806 0.311 104.900 0.342
201809 0.320 106.600 0.346
201812 0.339 106.500 0.367
201903 0.401 107.700 0.429
201906 0.387 107.700 0.414
201909 0.404 109.800 0.424
201912 0.501 111.200 0.519
202003 0.312 112.300 0.320
202006 0.344 110.400 0.359
202009 0.426 111.700 0.439
202012 0.419 111.500 0.433
202103 0.423 112.662 0.433
202106 0.457 111.769 0.471
202109 0.466 112.215 0.479
202112 0.412 113.108 0.420
202203 0.441 114.335 0.444
202206 0.396 114.558 0.398
202209 0.453 115.339 0.453
202212 0.332 115.116 0.332
202303 0.411 115.116 0.411
202306 0.318 114.558 0.320
202309 0.295 115.339 0.295
202312 0.311 114.781 0.312
202403 0.344 115.227 0.344

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


Shanghai Kinetic Medical Co  (SZSE:300326) 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.

Shanghai Kinetic Medical Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.57/1.32
=3.46

* 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 Shanghai Kinetic Medical Co was 35.06. The lowest was 3.42. And the median was 7.42.


Be Aware

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


Shanghai Kinetic Medical Co Cyclically Adjusted Revenue per Share Related Terms

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Shanghai Kinetic Medical Co (SZSE:300326) Business Description

Traded in Other Exchanges
N/A
Address
Floor 2, Building 23, No. 528, Ruiqing Road, Zhangjiang Hi-Te, Shanghai, CHN, 201201
Shanghai Kinetic Medical Co Ltd is engaged in the manufacturing and distribution of medical devices in China. The company provides products for multidisciplinary specialties including orthopedics, cardiovascular and sports medicine. Its product offering includes primom spinal fixation system, kyphoplasty systems, vertebral osteotome, bone cement delivery systems, injection guns and multifunctional tools.
Executives
Ding Kui Secretary Dong
Wei Qing Mei Executives
Wang Zheng Min Directors, executives
Li Yuan Ping Executives
Zhang Zheng Director
Yan Hang Director
Yuan Zheng Executives, directors
Sun Meng Chen Securities Affairs Representative
Wang Li Director
Qin Jie Director
Li Jian Xiang Director
Zhou Zhi Qiang Supervisors

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