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JinkoSolar Holding Co (JinkoSolar Holding Co) Cyclically Adjusted Revenue per Share : $141.45 (As of Mar. 2024)


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What is JinkoSolar Holding 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.

JinkoSolar Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was $57.232. 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 $141.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JinkoSolar Holding Co's average Cyclically Adjusted Revenue Growth Rate was 19.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% 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 JinkoSolar Holding Co was 17.10% per year. The lowest was 8.80% per year. And the median was 12.90% per year.

As of today (2024-05-21), JinkoSolar Holding Co's current stock price is $24.40. JinkoSolar Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $141.45. JinkoSolar Holding Co's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JinkoSolar Holding Co was 0.87. The lowest was 0.15. And the median was 0.36.


JinkoSolar Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JinkoSolar Holding 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.

JinkoSolar Holding Co Cyclically Adjusted Revenue per Share Chart

JinkoSolar Holding 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 78.32 84.91 91.40 112.66 136.34

JinkoSolar Holding 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 118.07 123.62 130.66 136.34 141.45

Competitive Comparison of JinkoSolar Holding Co's Cyclically Adjusted Revenue per Share

For the Solar subindustry, JinkoSolar Holding 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.


JinkoSolar Holding Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



JinkoSolar Holding 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, JinkoSolar Holding 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)
=57.232/115.2271*115.2271
=57.232

Current CPI (Mar. 2024) = 115.2271.

JinkoSolar Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.986 98.200 12.891
201409 10.738 98.900 12.511
201412 12.426 99.000 14.463
201503 13.845 99.900 15.969
201506 16.073 99.500 18.614
201509 16.359 100.500 18.756
201512 29.420 100.600 33.698
201603 21.964 102.200 24.764
201606 25.954 101.400 29.493
201609 24.477 102.400 27.543
201612 23.152 102.600 26.001
201703 26.149 103.200 29.196
201706 35.961 103.100 40.191
201709 29.082 104.100 32.191
201712 28.639 104.500 31.579
201803 19.565 105.300 21.409
201806 23.796 104.900 26.139
201809 24.929 106.600 26.946
201812 28.600 106.500 30.944
201903 21.958 107.700 23.493
201906 24.062 107.700 25.744
201909 21.405 109.800 22.463
201912 30.614 111.200 31.723
202003 24.403 112.300 25.039
202006 26.859 110.400 28.033
202009 28.939 111.700 29.853
202012 31.800 111.500 32.863
202103 23.780 112.662 24.322
202106 25.816 111.769 26.615
202109 25.875 112.215 26.569
202112 49.991 113.108 50.928
202203 48.336 114.335 48.713
202206 56.881 114.558 57.213
202209 50.780 115.339 50.731
202212 81.643 115.116 81.722
202303 64.193 115.116 64.255
202306 76.632 114.558 77.080
202309 78.180 115.339 78.104
202312 78.229 114.781 78.533
202403 57.232 115.227 57.232

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


JinkoSolar Holding Co  (NYSE:JKS) 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.

JinkoSolar Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.40/141.45
=0.17

* 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 JinkoSolar Holding Co was 0.87. The lowest was 0.15. And the median was 0.36.


Be Aware

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


JinkoSolar Holding Co Cyclically Adjusted Revenue per Share Related Terms

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


JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Industry
Address
1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.