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Power Construction of China (SHSE:601669) Cyclically Adjusted Revenue per Share : ¥23.83 (As of Dec. 2023)


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What is Power Construction of China 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.

Power Construction of China's adjusted revenue per share for the three months ended in Dec. 2023 was ¥8.489. 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 ¥23.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Power Construction of China's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% 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 Power Construction of China was 8.60% per year. The lowest was 7.30% per year. And the median was 7.95% per year.

As of today (2024-04-29), Power Construction of China's current stock price is ¥5.20. Power Construction of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ¥23.83. Power Construction of China's Cyclically Adjusted PS Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Power Construction of China was 0.49. The lowest was 0.18. And the median was 0.25.


Power Construction of China Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Power Construction of China'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.

Power Construction of China Cyclically Adjusted Revenue per Share Chart

Power Construction of China 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 18.24 18.62 20.34 22.52 23.83

Power Construction of China 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 22.52 22.93 23.16 23.61 23.83

Competitive Comparison of Power Construction of China's Cyclically Adjusted Revenue per Share

For the Engineering & Construction subindustry, Power Construction of China'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.


Power Construction of China's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Power Construction of China's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Power Construction of China's Cyclically Adjusted PS Ratio falls into.



Power Construction of China 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, Power Construction of China'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)
=8.489/114.6694*114.6694
=8.489

Current CPI (Dec. 2023) = 114.6694.

Power Construction of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.480 98.600 4.047
201406 2.915 98.200 3.404
201409 3.375 98.900 3.913
201412 4.208 99.000 4.874
201503 3.154 99.900 3.620
201506 3.659 99.500 4.217
201509 3.724 100.500 4.249
201512 4.797 100.600 5.468
201603 3.554 102.200 3.988
201606 4.123 101.400 4.663
201609 3.629 102.400 4.064
201612 5.379 102.600 6.012
201703 3.872 103.200 4.302
201706 4.549 103.100 5.059
201709 3.685 104.100 4.059
201712 5.217 104.500 5.725
201803 4.047 105.300 4.407
201806 4.247 104.900 4.643
201809 3.860 106.600 4.152
201812 6.461 106.500 6.957
201903 4.597 107.700 4.894
201906 5.055 107.700 5.382
201909 4.689 109.800 4.897
201912 7.671 111.200 7.910
202003 4.316 112.300 4.407
202006 6.320 110.400 6.564
202009 5.492 111.700 5.638
202012 6.767 111.500 6.959
202103 7.910 112.662 8.051
202106 8.418 111.769 8.636
202109 8.517 112.215 8.703
202112 8.343 113.108 8.458
202203 8.641 114.335 8.666
202206 8.716 114.558 8.724
202209 8.270 115.339 8.222
202212 8.567 115.116 8.534
202303 7.534 115.116 7.505
202306 8.157 114.558 8.165
202309 7.723 115.339 7.678
202312 8.489 114.669 8.489

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


Power Construction of China  (SHSE:601669) 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.

Power Construction of China's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.20/23.83
=0.22

* 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 Power Construction of China was 0.49. The lowest was 0.18. And the median was 0.25.


Be Aware

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


Power Construction of China Cyclically Adjusted Revenue per Share Related Terms

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


Power Construction of China (SHSE:601669) Business Description

Traded in Other Exchanges
N/A
Address
No.22, Chegongzhuang West Road, Haidian District, Beijing, CHN, 100048
Power Construction Corporation of China Ltd is engaged in the construction and operation of hydropower projects, special equipment manufacturing and real estate development and management.

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