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Orient Securities Co (FRA:OS9) Cyclically Adjusted Revenue per Share : €0.09 (As of Mar. 2024)


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What is Orient Securities 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.

Orient Securities Co's adjusted revenue per share for the three months ended in Mar. 2024 was €0.051. 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 €0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orient Securities Co's average Cyclically Adjusted Revenue Growth Rate was -1.30% 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 (2024-06-07), Orient Securities Co's current stock price is €0.332. Orient Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.09. Orient Securities Co's Cyclically Adjusted PS Ratio of today is 3.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Orient Securities Co was 7.79. The lowest was 3.28. And the median was 4.25.


Orient Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Orient Securities 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.

Orient Securities Co Cyclically Adjusted Revenue per Share Chart

Orient Securities 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 - - 0.12 0.12 0.09

Orient Securities 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 0.12 0.12 0.11 0.09 0.09

Competitive Comparison of Orient Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Orient Securities 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.


Orient Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Orient Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Orient Securities 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, Orient Securities 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)
=0.051/115.2271*115.2271
=0.051

Current CPI (Mar. 2024) = 115.2271.

Orient Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.026 98.200 0.031
201409 0.037 98.900 0.043
201412 0.061 99.000 0.071
201503 0.138 99.900 0.159
201506 0.181 99.500 0.210
201509 0.034 100.500 0.039
201512 0.090 100.600 0.103
201603 0.034 102.200 0.038
201606 0.036 101.400 0.041
201609 0.040 102.400 0.045
201612 0.042 102.600 0.047
201703 0.046 103.200 0.051
201706 0.050 103.100 0.056
201709 0.049 104.100 0.054
201712 0.066 104.500 0.073
201803 0.029 105.300 0.032
201806 0.039 104.900 0.043
201809 0.042 106.600 0.045
201812 0.072 106.500 0.078
201903 0.072 107.700 0.077
201906 0.068 107.700 0.073
201909 0.103 109.800 0.108
201912 0.096 111.200 0.099
202003 0.069 112.300 0.071
202006 0.095 110.400 0.099
202009 0.104 111.700 0.107
202012 0.110 111.500 0.114
202103 0.086 112.662 0.088
202106 0.130 111.769 0.134
202109 0.093 112.215 0.095
202112 0.096 113.108 0.098
202203 0.038 114.335 0.038
202206 0.080 114.558 0.080
202209 0.099 115.339 0.099
202212 0.094 115.116 0.094
202303 0.064 115.116 0.064
202306 0.058 114.558 0.058
202309 0.072 115.339 0.072
202312 0.043 114.781 0.043
202403 0.051 115.227 0.051

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


Orient Securities Co  (FRA:OS9) 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.

Orient Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.332/0.09
=3.69

* 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 Orient Securities Co was 7.79. The lowest was 3.28. And the median was 4.25.


Be Aware

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


Orient Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Orient Securities Co (FRA:OS9) Business Description

Traded in Other Exchanges
Address
No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010
Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The company's segments include Securities Sales and Trading, Investment Management, Brokerage and Securities Financing, Investment Banking, and Headquarters and Others. The majority of the revenue is earned from the Brokerage and Securities Financing segment.

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