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Jiangsu Expressway Co (FRA:JE2) Cyclically Adjusted Revenue per Share : €0.17 (As of Dec. 2023)


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What is Jiangsu Expressway 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.

Jiangsu Expressway Co's adjusted revenue per share for the three months ended in Dec. 2023 was €0.091. 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 €0.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jiangsu Expressway Co's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.80% 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 Jiangsu Expressway Co was 12.40% per year. The lowest was 3.90% per year. And the median was 6.55% per year.

As of today (2024-04-27), Jiangsu Expressway Co's current stock price is €0.895. Jiangsu Expressway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €0.17. Jiangsu Expressway Co's Cyclically Adjusted PS Ratio of today is 5.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jiangsu Expressway Co was 7.40. The lowest was 3.39. And the median was 5.20.


Jiangsu Expressway Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Cyclically Adjusted Revenue per Share Chart

Jiangsu Expressway 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 0.20 0.18 0.21 0.21 0.17

Jiangsu Expressway Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.21 0.18 0.18 0.17

Competitive Comparison of Jiangsu Expressway Co's Cyclically Adjusted Revenue per Share

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jiangsu Expressway 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, Jiangsu Expressway Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.091/114.6694*114.6694
=0.091

Current CPI (Dec. 2023) = 114.6694.

Jiangsu Expressway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.042 98.600 0.049
201406 0.060 98.200 0.070
201409 0.058 98.900 0.067
201412 0.056 99.000 0.065
201503 0.058 99.900 0.067
201506 0.066 99.500 0.076
201509 0.065 100.500 0.074
201512 0.059 100.600 0.067
201603 0.056 102.200 0.063
201606 0.054 101.400 0.061
201609 0.058 102.400 0.065
201612 0.080 102.600 0.089
201703 0.062 103.200 0.069
201706 0.062 103.100 0.069
201709 0.059 104.100 0.065
201712 0.063 104.500 0.069
201803 0.072 105.300 0.078
201806 0.061 104.900 0.067
201809 0.062 106.600 0.067
201812 0.059 106.500 0.064
201903 0.062 107.700 0.066
201906 0.063 107.700 0.067
201909 0.067 109.800 0.070
201912 0.066 111.200 0.068
202003 0.025 112.300 0.026
202006 0.042 110.400 0.044
202009 0.066 111.700 0.068
202012 0.067 111.500 0.069
202103 0.061 112.662 0.062
202106 0.068 111.769 0.070
202109 0.076 112.215 0.078
202112 0.174 113.108 0.176
202203 0.078 114.335 0.078
202206 0.060 114.558 0.060
202209 0.132 115.339 0.131
202212 0.101 115.116 0.101
202303 0.098 115.116 0.098
202306 0.090 114.558 0.090
202309 0.114 115.339 0.113
202312 0.091 114.669 0.091

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


Jiangsu Expressway Co  (FRA:JE2) 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.

Jiangsu Expressway Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.895/0.17
=5.26

* 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 Jiangsu Expressway Co was 7.40. The lowest was 3.39. And the median was 5.20.


Be Aware

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


Jiangsu Expressway Co Cyclically Adjusted Revenue per Share Related Terms

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


Jiangsu Expressway Co (FRA:JE2) Business Description

Industry
Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

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