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XCMG Construction Machinery Co (SZSE:000425) Cyclically Adjusted Revenue per Share : ¥6.50 (As of Mar. 2024)


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What is XCMG Construction Machinery 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.

XCMG Construction Machinery Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.039. 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 ¥6.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, XCMG Construction Machinery Co's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.60% 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 XCMG Construction Machinery Co was 26.90% per year. The lowest was 5.30% per year. And the median was 8.40% per year.

As of today (2024-05-26), XCMG Construction Machinery Co's current stock price is ¥7.85. XCMG Construction Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥6.50. XCMG Construction Machinery Co's Cyclically Adjusted PS Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of XCMG Construction Machinery Co was 1.69. The lowest was 0.66. And the median was 0.97.


XCMG Construction Machinery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for XCMG Construction Machinery 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.

XCMG Construction Machinery Co Cyclically Adjusted Revenue per Share Chart

XCMG Construction Machinery 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 4.92 5.22 5.86 6.12 6.41

XCMG Construction Machinery 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 6.19 6.28 6.40 6.41 6.50

Competitive Comparison of XCMG Construction Machinery Co's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, XCMG Construction Machinery 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.


XCMG Construction Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, XCMG Construction Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where XCMG Construction Machinery Co's Cyclically Adjusted PS Ratio falls into.



XCMG Construction Machinery 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, XCMG Construction Machinery 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)
=2.039/115.2271*115.2271
=2.039

Current CPI (Mar. 2024) = 115.2271.

XCMG Construction Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.910 98.200 1.068
201409 0.822 98.900 0.958
201412 0.636 99.000 0.740
201503 0.657 99.900 0.758
201506 0.395 99.500 0.457
201509 0.389 100.500 0.446
201512 0.381 100.600 0.436
201603 0.658 102.200 0.742
201606 0.528 101.400 0.600
201609 0.515 102.400 0.580
201612 0.672 102.600 0.755
201703 0.862 103.200 0.962
201706 1.211 103.100 1.353
201709 0.999 104.100 1.106
201712 0.932 104.500 1.028
201803 1.453 105.300 1.590
201806 1.732 104.900 1.903
201809 1.204 106.600 1.301
201812 1.267 106.500 1.371
201903 1.753 107.700 1.876
201906 2.012 107.700 2.153
201909 1.427 109.800 1.498
201912 1.861 111.200 1.928
202003 1.585 112.300 1.626
202006 2.689 110.400 2.807
202009 1.742 111.700 1.797
202012 2.926 111.500 3.024
202103 3.139 112.662 3.210
202106 3.573 111.769 3.684
202109 3.385 112.215 3.476
202112 1.969 113.108 2.006
202203 2.241 114.335 2.258
202206 2.312 114.558 2.326
202209 1.863 115.339 1.861
202212 1.456 115.116 1.457
202303 2.023 115.116 2.025
202306 2.259 114.558 2.272
202309 1.776 115.339 1.774
202312 1.774 114.781 1.781
202403 2.039 115.227 2.039

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


XCMG Construction Machinery Co  (SZSE:000425) 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.

XCMG Construction Machinery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.85/6.5
=1.21

* 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 XCMG Construction Machinery Co was 1.69. The lowest was 0.66. And the median was 0.97.


Be Aware

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


XCMG Construction Machinery Co Cyclically Adjusted Revenue per Share Related Terms

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XCMG Construction Machinery Co (SZSE:000425) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Mountain Road, Economic and Technological Development Zone, Jinshanqiao, Jiangsu, Xuzhou, CHN, 221004
XCMG Construction Machinery Co Ltd is engaged in tech development, manufacturing and distribution of mainframes and hydraulic pressure parts in China. Its products include hoisting machinery, shovel machinery, compaction machinery, concrete machinery, road machinery, pile construction machinery, firefighting machinery, and construction machinery spare parts. The company distributes its products within domestic market and to overseas markets.
Executives
Zhang Shou Hang Supervisors
Yang Yong Executives
Zhou Li Cheng Director
Zhang Yu Chun Director

XCMG Construction Machinery Co (SZSE:000425) Headlines

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