GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Natural Gas Inc (OTCPK:CHNGQ) » Definitions » Cyclically Adjusted Revenue per Share

China Natural Gas (China Natural Gas) Cyclically Adjusted Revenue per Share : $0.00 (As of Sep. 2013)


View and export this data going back to 2003. Start your Free Trial

What is China Natural Gas 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.

China Natural Gas's adjusted revenue per share for the three months ended in Sep. 2013 was $1.493. 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 $0.00 for the trailing ten years ended in Sep. 2013.

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 (2024-05-03), China Natural Gas's current stock price is $0.0001. China Natural Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2013 was $0.00. China Natural Gas's Cyclically Adjusted PS Ratio of today is .


China Natural Gas Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Natural Gas'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.

China Natural Gas Cyclically Adjusted Revenue per Share Chart

China Natural Gas Annual Data
Trend Jul03 Jul04 Jul05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

China Natural Gas Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - - - - -

Competitive Comparison of China Natural Gas's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, China Natural Gas'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.


China Natural Gas's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Natural Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Natural Gas's Cyclically Adjusted PS Ratio falls into.



China Natural Gas 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, China Natural Gas's adjusted Revenue per Share data for the three months ended in Sep. 2013 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=1.493/97.3319*97.3319
=1.493

Current CPI (Sep. 2013) = 97.3319.

China Natural Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200310 0.001 71.657 0.001
200401 0.002 73.609 0.003
200404 0.002 74.051 0.003
200407 0.004 73.312 0.005
200410 0.005 74.637 0.007
200501 0.135 74.935 0.175
200504 0.004 75.370 0.005
200507 -0.706 74.618 -0.921
200510 0.001 75.591 0.001
200603 0.151 76.340 0.193
200606 0.311 76.034 0.398
200609 0.544 76.413 0.693
200612 0.562 77.793 0.703
200703 0.557 78.884 0.687
200706 0.683 79.357 0.838
200709 0.665 81.276 0.796
200712 0.765 82.911 0.898
200803 0.956 85.485 1.088
200806 1.152 85.058 1.318
200809 1.257 85.057 1.438
200812 1.260 83.956 1.461
200903 1.269 84.457 1.462
200906 1.409 83.615 1.640
200909 1.247 84.369 1.439
200912 0.975 85.386 1.111
201003 0.897 86.316 1.011
201006 0.979 85.886 1.109
201009 1.042 87.267 1.162
201012 1.272 89.289 1.387
201103 1.129 91.154 1.206
201106 1.275 91.612 1.355
201109 1.719 92.711 1.805
201112 1.673 92.885 1.753
201203 1.504 94.367 1.551
201206 1.766 93.495 1.838
201209 1.448 94.482 1.492
201212 2.052 95.237 2.097
201303 1.654 96.372 1.670
201306 1.596 95.984 1.618
201309 1.493 97.332 1.493

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


China Natural Gas  (OTCPK:CHNGQ) 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.


Be Aware

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


China Natural Gas Cyclically Adjusted Revenue per Share Related Terms

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


China Natural Gas (China Natural Gas) Business Description

Traded in Other Exchanges
N/A
Address
35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065
China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.
Executives
Frank Waung director 72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton director TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu officer: Chief Financial Officer SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

China Natural Gas (China Natural Gas) Headlines

No Headlines