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Zhejiang Crystal-OpTech Co (SZSE:002273) Cyclically Adjusted Revenue per Share : ¥2.47 (As of Mar. 2024)


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What is Zhejiang Crystal-OpTech 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.

Zhejiang Crystal-OpTech Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.979. 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 ¥2.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zhejiang Crystal-OpTech Co's average Cyclically Adjusted Revenue Growth Rate was 14.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.00% 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 Zhejiang Crystal-OpTech Co was 21.90% per year. The lowest was 14.60% per year. And the median was 19.80% per year.

As of today (2024-05-15), Zhejiang Crystal-OpTech Co's current stock price is ¥14.80. Zhejiang Crystal-OpTech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.47. Zhejiang Crystal-OpTech Co's Cyclically Adjusted PS Ratio of today is 5.99.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zhejiang Crystal-OpTech Co was 20.99. The lowest was 3.97. And the median was 8.49.


Zhejiang Crystal-OpTech Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Zhejiang Crystal-OpTech 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.

Zhejiang Crystal-OpTech Co Cyclically Adjusted Revenue per Share Chart

Zhejiang Crystal-OpTech 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 1.36 1.59 1.84 2.12 2.39

Zhejiang Crystal-OpTech 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 2.16 2.20 2.31 2.39 2.47

Competitive Comparison of Zhejiang Crystal-OpTech Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Zhejiang Crystal-OpTech 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.


Zhejiang Crystal-OpTech Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Crystal-OpTech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Crystal-OpTech Co's Cyclically Adjusted PS Ratio falls into.



Zhejiang Crystal-OpTech 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, Zhejiang Crystal-OpTech 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)
=0.979/114.6694*114.6694
=0.979

Current CPI (Mar. 2024) = 114.6694.

Zhejiang Crystal-OpTech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.293 98.200 0.342
201409 0.288 98.900 0.334
201412 0.260 99.000 0.301
201503 0.236 99.900 0.271
201506 0.299 99.500 0.345
201509 0.384 100.500 0.438
201512 0.309 100.600 0.352
201603 0.420 102.200 0.471
201606 0.240 101.400 0.271
201609 0.427 102.400 0.478
201612 0.499 102.600 0.558
201703 0.417 103.200 0.463
201706 0.428 103.100 0.476
201709 0.534 104.100 0.588
201712 0.515 104.500 0.565
201803 0.339 105.300 0.369
201806 0.295 104.900 0.322
201809 0.640 106.600 0.688
201812 0.636 106.500 0.685
201903 0.420 107.700 0.447
201906 0.593 107.700 0.631
201909 0.825 109.800 0.862
201912 0.854 111.200 0.881
202003 0.524 112.300 0.535
202006 0.611 110.400 0.635
202009 0.740 111.700 0.760
202012 0.812 111.500 0.835
202103 0.721 112.662 0.734
202106 0.658 111.769 0.675
202109 0.880 112.215 0.899
202112 0.676 113.108 0.685
202203 0.664 114.335 0.666
202206 0.721 114.558 0.722
202209 0.949 115.339 0.943
202212 0.855 115.116 0.852
202303 0.662 115.116 0.659
202306 0.696 114.558 0.697
202309 1.125 115.339 1.118
202312 1.134 114.669 1.134
202403 0.979 114.669 0.979

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


Zhejiang Crystal-OpTech Co  (SZSE:002273) 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.

Zhejiang Crystal-OpTech Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.80/2.47
=5.99

* 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 Zhejiang Crystal-OpTech Co was 20.99. The lowest was 3.97. And the median was 8.49.


Be Aware

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


Zhejiang Crystal-OpTech Co Cyclically Adjusted Revenue per Share Related Terms

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


Zhejiang Crystal-OpTech Co (SZSE:002273) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tower A5, Xingxing Electronic Industrial Zone, Jiaojiang District, Zhejiang, Taizhou, CHN, 318015
Zhejiang Crystal-OpTech Co Ltd is a China-based high-tech company. It is engaged in the research, development, manufacture, and sale of optoelectronic components. The main products of the company are applied to the digital camera, mobile phone camera, security monitoring camera, computer camera and other digital camera lenses, semiconductor illumination, micro projector, smart glasses, road traffic mark and safety protection. The company has the precise optical cold working technology, super-hard material optical process technology, precise optical film, semiconductor process, coating, and embedding core technologies.

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