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Dazhong Transportation (Group) Co (SHSE:600611) Cyclically Adjusted Revenue per Share : ¥1.40 (As of Dec. 2023)


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What is Dazhong Transportation (Group) 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.

Dazhong Transportation (Group) Co's adjusted revenue per share for the three months ended in Dec. 2023 was ¥0.578. 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 ¥1.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dazhong Transportation (Group) Co's average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.60% 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 Dazhong Transportation (Group) Co was 2.20% per year. The lowest was -7.10% per year. And the median was -1.50% per year.

As of today (2024-04-28), Dazhong Transportation (Group) Co's current stock price is ¥2.90. Dazhong Transportation (Group) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ¥1.40. Dazhong Transportation (Group) Co's Cyclically Adjusted PS Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Dazhong Transportation (Group) Co was 9.36. The lowest was 1.65. And the median was 2.62.


Dazhong Transportation (Group) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Dazhong Transportation (Group) 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.

Dazhong Transportation (Group) Co Cyclically Adjusted Revenue per Share Chart

Dazhong Transportation (Group) 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 1.49 1.42 1.39 1.37 1.40

Dazhong Transportation (Group) 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 1.37 1.36 1.38 1.40 1.40

Competitive Comparison of Dazhong Transportation (Group) Co's Cyclically Adjusted Revenue per Share

For the Trucking subindustry, Dazhong Transportation (Group) 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.


Dazhong Transportation (Group) Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dazhong Transportation (Group) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dazhong Transportation (Group) Co's Cyclically Adjusted PS Ratio falls into.



Dazhong Transportation (Group) 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, Dazhong Transportation (Group) 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)
=0.578/114.6694*114.6694
=0.578

Current CPI (Dec. 2023) = 114.6694.

Dazhong Transportation (Group) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.350 98.600 0.407
201406 0.283 98.200 0.330
201409 0.287 98.900 0.333
201412 0.322 99.000 0.373
201503 0.321 99.900 0.368
201506 0.165 99.500 0.190
201509 0.262 100.500 0.299
201512 0.295 100.600 0.336
201603 0.240 102.200 0.269
201606 0.263 101.400 0.297
201609 0.306 102.400 0.343
201612 0.592 102.600 0.662
201703 0.225 103.200 0.250
201706 0.302 103.100 0.336
201709 0.270 104.100 0.297
201712 0.287 104.500 0.315
201803 0.344 105.300 0.375
201806 0.309 104.900 0.338
201809 0.384 106.600 0.413
201812 0.455 106.500 0.490
201903 0.309 107.700 0.329
201906 0.373 107.700 0.397
201909 0.313 109.800 0.327
201912 0.644 111.200 0.664
202003 0.237 112.300 0.242
202006 0.334 110.400 0.347
202009 0.258 111.700 0.265
202012 0.304 111.500 0.313
202103 0.282 112.662 0.287
202106 0.197 111.769 0.202
202109 0.280 112.215 0.286
202112 0.256 113.108 0.260
202203 0.215 114.335 0.216
202206 0.138 114.558 0.138
202209 0.262 115.339 0.260
202212 0.487 115.116 0.485
202303 0.312 115.116 0.311
202306 0.576 114.558 0.577
202309 0.502 115.339 0.499
202312 0.578 114.669 0.578

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


Dazhong Transportation (Group) Co  (SHSE:600611) 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.

Dazhong Transportation (Group) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.90/1.4
=2.07

* 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 Dazhong Transportation (Group) Co was 9.36. The lowest was 1.65. And the median was 2.62.


Be Aware

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


Dazhong Transportation (Group) Co Cyclically Adjusted Revenue per Share Related Terms

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Dazhong Transportation (Group) Co (SHSE:600611) Business Description

Traded in Other Exchanges
Address
No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235
Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

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