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Grand Ocean Retail Group (TPE:5907) Cyclically Adjusted Revenue per Share : NT$36.57 (As of Mar. 2024)


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What is Grand Ocean Retail 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.

Grand Ocean Retail Group's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.671. 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 NT$36.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grand Ocean Retail Group's average Cyclically Adjusted Revenue Growth Rate was -6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.30% 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 Grand Ocean Retail Group was -8.30% per year. The lowest was -8.30% per year. And the median was -8.30% per year.

As of today (2024-05-17), Grand Ocean Retail Group's current stock price is NT$9.69. Grand Ocean Retail Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$36.57. Grand Ocean Retail Group's Cyclically Adjusted PS Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Grand Ocean Retail Group was 0.53. The lowest was 0.23. And the median was 0.42.


Grand Ocean Retail Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Grand Ocean Retail 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.

Grand Ocean Retail Group Cyclically Adjusted Revenue per Share Chart

Grand Ocean Retail 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 - 47.67 38.46 38.28 36.77

Grand Ocean Retail 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 38.20 37.99 37.73 36.77 36.57

Competitive Comparison of Grand Ocean Retail Group's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Grand Ocean Retail 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.


Grand Ocean Retail Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Grand Ocean Retail 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, Grand Ocean Retail 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)
=4.671/131.7762*131.7762
=4.671

Current CPI (Mar. 2024) = 131.7762.

Grand Ocean Retail Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.782 100.560 11.508
201409 8.079 100.428 10.601
201412 11.104 99.070 14.770
201503 10.823 99.621 14.316
201506 8.595 100.684 11.249
201509 7.895 100.392 10.363
201512 9.298 99.792 12.278
201603 9.690 100.470 12.709
201606 7.704 101.688 9.984
201609 6.697 101.861 8.664
201612 9.743 101.863 12.604
201703 8.505 102.862 10.896
201706 7.849 103.349 10.008
201709 6.705 104.136 8.485
201712 10.389 104.011 13.162
201803 9.228 105.290 11.549
201806 8.110 106.317 10.052
201809 7.379 106.507 9.130
201812 10.585 105.998 13.159
201903 9.714 107.251 11.935
201906 8.150 108.070 9.938
201909 7.115 108.329 8.655
201912 9.680 108.420 11.765
202003 4.529 108.902 5.480
202006 5.567 108.767 6.745
202009 6.087 109.815 7.304
202012 8.403 109.897 10.076
202103 7.454 111.754 8.789
202106 7.495 114.631 8.616
202109 5.430 115.734 6.183
202112 6.879 117.630 7.706
202203 6.397 121.301 6.949
202206 5.156 125.017 5.435
202209 4.929 125.227 5.187
202212 4.740 125.222 4.988
202303 5.179 127.348 5.359
202306 4.673 128.729 4.784
202309 4.295 129.860 4.358
202312 5.157 129.419 5.251
202403 4.671 131.776 4.671

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


Grand Ocean Retail Group  (TPE:5907) 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.

Grand Ocean Retail Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.69/36.57
=0.26

* 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 Grand Ocean Retail Group was 0.53. The lowest was 0.23. And the median was 0.42.


Be Aware

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


Grand Ocean Retail Group Cyclically Adjusted Revenue per Share Related Terms

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


Grand Ocean Retail Group (TPE:5907) Business Description

Traded in Other Exchanges
N/A
Address
No. 237, Fuxing South Road, 14th Floor, Section 2, Da'an District, Taipei, TWN, 106
Grand Ocean Retail Group Ltd operates department stores in China. The company is engaged in the operation and management of department stores in Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang, and Hefei cities. It generates revenue from Commission and Commodity Sales. The main revenues of the group come from the department store retail business.

Grand Ocean Retail Group (TPE:5907) Headlines

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