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Guangzhou Baiyun International Airport Co (SHSE:600004) Cyclically Adjusted Revenue per Share : ¥3.41 (As of Mar. 2024)


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What is Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.709. 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 ¥3.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangzhou Baiyun International Airport Co's average Cyclically Adjusted Revenue Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% 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 Guangzhou Baiyun International Airport Co was 10.70% per year. The lowest was -2.40% per year. And the median was 7.75% per year.

As of today (2024-05-16), Guangzhou Baiyun International Airport Co's current stock price is ¥10.17. Guangzhou Baiyun International Airport Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.41. Guangzhou Baiyun International Airport Co's Cyclically Adjusted PS Ratio of today is 2.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Guangzhou Baiyun International Airport Co was 6.46. The lowest was 1.95. And the median was 3.52.


Guangzhou Baiyun International Airport Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co Cyclically Adjusted Revenue per Share Chart

Guangzhou Baiyun International Airport 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 3.72 3.69 3.64 3.54 3.43

Guangzhou Baiyun International Airport 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 3.51 3.47 3.47 3.43 3.41

Competitive Comparison of Guangzhou Baiyun International Airport Co's Cyclically Adjusted Revenue per Share

For the Airports & Air Services subindustry, Guangzhou Baiyun International Airport 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.


Guangzhou Baiyun International Airport Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangzhou Baiyun International Airport Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Baiyun International Airport Co's Cyclically Adjusted PS Ratio falls into.



Guangzhou Baiyun International Airport 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, Guangzhou Baiyun International Airport 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)
=0.709/114.6694*114.6694
=0.709

Current CPI (Mar. 2024) = 114.6694.

Guangzhou Baiyun International Airport Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.838 98.200 0.979
201409 0.831 98.900 0.964
201412 0.875 99.000 1.013
201503 0.836 99.900 0.960
201506 0.835 99.500 0.962
201509 0.860 100.500 0.981
201512 0.849 100.600 0.968
201603 0.869 102.200 0.975
201606 0.948 101.400 1.072
201609 1.328 102.400 1.487
201612 0.843 102.600 0.942
201703 1.126 103.200 1.251
201706 0.973 103.100 1.082
201709 0.818 104.100 0.901
201712 1.158 104.500 1.271
201803 0.836 105.300 0.910
201806 0.963 104.900 1.053
201809 1.063 106.600 1.143
201812 0.997 106.500 1.073
201903 0.990 107.700 1.054
201906 0.976 107.700 1.039
201909 0.959 109.800 1.002
201912 1.056 111.200 1.089
202003 0.626 112.300 0.639
202006 0.493 110.400 0.512
202009 0.645 111.700 0.662
202012 0.760 111.500 0.782
202103 0.536 112.662 0.546
202106 0.463 111.769 0.475
202109 0.566 112.215 0.578
202112 0.609 113.108 0.617
202203 0.449 114.335 0.450
202206 0.408 114.558 0.408
202209 0.563 115.339 0.560
202212 0.260 115.116 0.259
202303 0.608 115.116 0.606
202306 0.672 114.558 0.673
202309 0.735 115.339 0.731
202312 0.744 114.669 0.744
202403 0.709 114.669 0.709

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


Guangzhou Baiyun International Airport Co  (SHSE:600004) 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.

Guangzhou Baiyun International Airport Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.17/3.41
=2.98

* 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 Guangzhou Baiyun International Airport Co was 6.46. The lowest was 1.95. And the median was 3.52.


Be Aware

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


Guangzhou Baiyun International Airport Co Cyclically Adjusted Revenue per Share Related Terms

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Guangzhou Baiyun International Airport Co (SHSE:600004) Business Description

Traded in Other Exchanges
N/A
Address
Baiyun International Airport, South work area on the 1st, Guangdong Province, Guangzhou, CHN, 510470
Guangzhou Baiyun International Airport Co Ltd is a provider of aviation services. Its services include all types of airport services including departure, arrival, flight information and other services.

Guangzhou Baiyun International Airport Co (SHSE:600004) Headlines

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