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Fuyao Glass Industry Group Co (HKSE:03606) Cyclically Adjusted Revenue per Share : HK$8.24 (As of Mar. 2024)


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What is Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was HK$3.665. 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 HK$8.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fuyao Glass Industry Group Co's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% 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 Fuyao Glass Industry Group Co was 17.40% per year. The lowest was 5.90% per year. And the median was 11.10% per year.

As of today (2024-05-26), Fuyao Glass Industry Group Co's current stock price is HK$44.25. Fuyao Glass Industry Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$8.24. Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio of today is 5.37.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fuyao Glass Industry Group Co was 8.62. The lowest was 2.01. And the median was 3.89.


Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fuyao Glass Industry Group 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.

Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Chart

Fuyao Glass Industry Group 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 6.95 6.44 6.57 7.74 8.99

Fuyao Glass Industry Group 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 8.26 7.67 8.47 8.99 8.24

Competitive Comparison of Fuyao Glass Industry Group Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Fuyao Glass Industry Group 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.


Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio falls into.



Fuyao Glass Industry Group 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, Fuyao Glass Industry Group 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)
=3.665/115.2271*115.2271
=3.665

Current CPI (Mar. 2024) = 115.2271.

Fuyao Glass Industry Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.977 98.200 2.320
201409 2.050 98.900 2.388
201412 2.222 99.000 2.586
201503 2.007 99.900 2.315
201506 1.680 99.500 1.946
201509 1.491 100.500 1.709
201512 1.900 100.600 2.176
201603 1.679 102.200 1.893
201606 1.902 101.400 2.161
201609 1.880 102.400 2.115
201612 2.203 102.600 2.474
201703 1.911 103.200 2.134
201706 2.016 103.100 2.253
201709 2.207 104.100 2.443
201712 2.592 104.500 2.858
201803 2.304 105.300 2.521
201806 2.599 104.900 2.855
201809 2.314 106.600 2.501
201812 2.298 106.500 2.486
201903 2.285 107.700 2.445
201906 2.436 107.700 2.606
201909 2.381 109.800 2.499
201912 2.429 111.200 2.517
202003 1.805 112.300 1.852
202006 1.717 110.400 1.792
202009 2.629 111.700 2.712
202012 2.893 111.500 2.990
202103 2.705 112.662 2.767
202106 2.777 111.769 2.863
202109 2.621 112.215 2.691
202112 3.041 113.108 3.098
202203 3.058 114.335 3.082
202206 2.871 114.558 2.888
202209 3.218 115.339 3.215
202212 3.292 115.116 3.295
202303 3.074 115.116 3.077
202306 3.368 114.558 3.388
202309 3.587 115.339 3.584
202312 3.942 114.781 3.957
202403 3.665 115.227 3.665

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


Fuyao Glass Industry Group Co  (HKSE:03606) 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.

Fuyao Glass Industry Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=44.25/8.24
=5.37

* 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 Fuyao Glass Industry Group Co was 8.62. The lowest was 2.01. And the median was 3.89.


Be Aware

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


Fuyao Glass Industry Group Co Cyclically Adjusted Revenue per Share Related Terms

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


Fuyao Glass Industry Group Co (HKSE:03606) Business Description

Traded in Other Exchanges
Address
Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.
Executives
Citigroup Inc. 2502 Approved lending agent
Schroders Plc 2102 Investment manager
Gic Private Limited 2102 Investment manager
Blackrock, Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2102 Investment manager
Schroders Plc 2102 Investment manager

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