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Muyuan Foods Co (SZSE:002714) Cyclically Adjusted Revenue per Share : ¥8.63 (As of Mar. 2024)


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What is Muyuan Foods 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.

Muyuan Foods Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥4.859. 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 ¥8.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Muyuan Foods Co's average Cyclically Adjusted Revenue Growth Rate was 30.20% 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 (2024-05-16), Muyuan Foods Co's current stock price is ¥46.83. Muyuan Foods Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.63. Muyuan Foods Co's Cyclically Adjusted PS Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Muyuan Foods Co was 15.66. The lowest was 4.10. And the median was 8.03.


Muyuan Foods Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Cyclically Adjusted Revenue per Share Chart

Muyuan Foods 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 - - 4.08 6.20 8.16

Muyuan Foods 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 6.63 7.11 7.71 8.16 8.63

Competitive Comparison of Muyuan Foods Co's Cyclically Adjusted Revenue per Share

For the Farm Products subindustry, Muyuan Foods 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.


Muyuan Foods Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Muyuan Foods Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Muyuan Foods Co's Cyclically Adjusted PS Ratio falls into.



Muyuan Foods 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, Muyuan Foods 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)
=4.859/114.6694*114.6694
=4.859

Current CPI (Mar. 2024) = 114.6694.

Muyuan Foods Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.310 98.200 0.362
201409 0.327 98.900 0.379
201412 0.213 99.000 0.247
201503 0.231 99.900 0.265
201506 0.107 99.500 0.123
201509 0.396 100.500 0.452
201512 0.257 100.600 0.293
201603 0.208 102.200 0.233
201606 0.308 101.400 0.348
201609 0.367 102.400 0.411
201612 0.391 102.600 0.437
201703 0.446 103.200 0.496
201706 0.186 103.100 0.207
201709 0.583 104.100 0.642
201712 0.593 104.500 0.651
201803 0.596 105.300 0.649
201806 0.582 104.900 0.636
201809 0.755 106.600 0.812
201812 0.578 106.500 0.622
201903 0.616 107.700 0.656
201906 0.691 107.700 0.736
201909 0.911 109.800 0.951
201912 1.492 111.200 1.539
202003 1.535 112.300 1.567
202006 2.561 110.400 2.660
202009 3.478 111.700 3.570
202012 3.284 111.500 3.377
202103 3.878 112.662 3.947
202106 4.027 111.769 4.131
202109 2.802 112.215 2.863
202112 3.869 113.108 3.922
202203 3.493 114.335 3.503
202206 4.988 114.558 4.993
202209 7.019 115.339 6.978
202212 7.324 115.116 7.296
202303 4.444 115.116 4.427
202306 5.277 114.558 5.282
202309 5.587 115.339 5.555
202312 5.233 114.669 5.233
202403 4.859 114.669 4.859

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


Muyuan Foods Co  (SZSE:002714) 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.

Muyuan Foods Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.83/8.63
=5.43

* 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 Muyuan Foods Co was 15.66. The lowest was 4.10. And the median was 8.03.


Be Aware

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


Muyuan Foods Co Cyclically Adjusted Revenue per Share Related Terms

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


Muyuan Foods Co (SZSE:002714) Business Description

Traded in Other Exchanges
N/A
Address
Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000
Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Muyuan Foods Co (SZSE:002714) Headlines

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