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Hangzhou First Applied Material Co (SHSE:603806) Cyclically Adjusted Revenue per Share : ¥5.65 (As of Dec. 2023)


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What is Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co's adjusted revenue per share for the three months ended in Dec. 2023 was ¥3.125. 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 ¥5.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hangzhou First Applied Material Co's average Cyclically Adjusted Revenue Growth Rate was 17.50% 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.

As of today (2024-04-27), Hangzhou First Applied Material Co's current stock price is ¥25.00. Hangzhou First Applied Material Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ¥5.65. Hangzhou First Applied Material Co's Cyclically Adjusted PS Ratio of today is 4.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hangzhou First Applied Material Co was 11.70. The lowest was 3.84. And the median was 6.83.


Hangzhou First Applied Material Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co Cyclically Adjusted Revenue per Share Chart

Hangzhou First Applied Material 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 - - - 4.81 5.65

Hangzhou First Applied Material 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 4.81 4.96 5.11 5.42 5.65

Competitive Comparison of Hangzhou First Applied Material Co's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Hangzhou First Applied Material 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.


Hangzhou First Applied Material Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou First Applied Material Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou First Applied Material Co's Cyclically Adjusted PS Ratio falls into.



Hangzhou First Applied Material 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, Hangzhou First Applied Material 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)
=3.125/114.6694*114.6694
=3.125

Current CPI (Dec. 2023) = 114.6694.

Hangzhou First Applied Material Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.314 98.600 0.365
201406 0.463 98.200 0.541
201409 0.409 98.900 0.474
201412 0.425 99.000 0.492
201503 0.430 99.900 0.494
201506 0.453 99.500 0.522
201509 0.536 100.500 0.612
201512 0.520 100.600 0.593
201603 2.246 102.200 2.520
201606 0.846 101.400 0.957
201609 0.821 102.400 0.919
201612 0.584 102.600 0.653
201703 0.816 103.200 0.907
201706 0.732 103.100 0.814
201709 2.188 104.100 2.410
201712 0.689 104.500 0.756
201803 2.005 105.300 2.183
201806 0.656 104.900 0.717
201809 0.698 106.600 0.751
201812 0.833 106.500 0.897
201903 0.938 107.700 0.999
201906 0.787 107.700 0.838
201909 0.952 109.800 0.994
201912 1.013 111.200 1.045
202003 0.870 112.300 0.888
202006 1.095 110.400 1.137
202009 1.136 111.700 1.166
202012 1.652 111.500 1.699
202103 1.566 112.662 1.594
202106 1.596 111.769 1.637
202109 1.752 112.215 1.790
202112 2.097 113.108 2.126
202203 2.046 114.335 2.052
202206 2.835 114.558 2.838
202209 2.383 115.339 2.369
202212 2.931 115.116 2.920
202303 2.697 115.116 2.687
202306 2.935 114.558 2.938
202309 3.080 115.339 3.062
202312 3.125 114.669 3.125

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


Hangzhou First Applied Material Co  (SHSE:603806) 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.

Hangzhou First Applied Material Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.00/5.65
=4.42

* 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 Hangzhou First Applied Material Co was 11.70. The lowest was 3.84. And the median was 6.83.


Be Aware

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


Hangzhou First Applied Material Co Cyclically Adjusted Revenue per Share Related Terms

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


Hangzhou First Applied Material Co (SHSE:603806) Business Description

Traded in Other Exchanges
N/A
Address
8 Fusite Street Lin'an, Hangzhou, CHN, 311300
Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

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