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Poly Developments and Holdings Group Co (SHSE:600048) Cyclically Adjusted Revenue per Share : ¥19.36 (As of Mar. 2024)


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What is Poly Developments and Holdings 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.

Poly Developments and Holdings Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥4.251. 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 ¥19.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Poly Developments and Holdings Group Co's average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% 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 Poly Developments and Holdings Group Co was 20.90% per year. The lowest was 12.90% per year. And the median was 18.90% per year.

As of today (2024-06-06), Poly Developments and Holdings Group Co's current stock price is ¥10.29. Poly Developments and Holdings Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥19.36. Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Poly Developments and Holdings Group Co was 3.33. The lowest was 0.41. And the median was 1.37.


Poly Developments and Holdings Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Poly Developments and Holdings 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.

Poly Developments and Holdings Group Co Cyclically Adjusted Revenue per Share Chart

Poly Developments and Holdings 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 11.56 13.19 15.27 17.13 18.96

Poly Developments and Holdings 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 17.39 17.84 18.27 18.96 19.36

Competitive Comparison of Poly Developments and Holdings Group Co's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Poly Developments and Holdings 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.


Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio falls into.



Poly Developments and Holdings 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, Poly Developments and Holdings 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)
=4.251/115.2271*115.2271
=4.251

Current CPI (Mar. 2024) = 115.2271.

Poly Developments and Holdings Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.242 98.200 2.631
201409 1.695 98.900 1.975
201412 5.258 99.000 6.120
201503 1.235 99.900 1.424
201506 2.702 99.500 3.129
201509 1.939 100.500 2.223
201512 5.663 100.600 6.486
201603 1.800 102.200 2.029
201606 3.274 101.400 3.720
201609 2.680 102.400 3.016
201612 5.711 102.600 6.414
201703 1.515 103.200 1.692
201706 3.119 103.100 3.486
201709 1.772 104.100 1.961
201712 5.957 104.500 6.568
201803 1.702 105.300 1.862
201806 3.344 104.900 3.673
201809 2.997 106.600 3.240
201812 8.226 106.500 8.900
201903 1.947 107.700 2.083
201906 4.012 107.700 4.292
201909 3.393 109.800 3.561
201912 10.397 111.200 10.774
202003 2.004 112.300 2.056
202006 4.182 110.400 4.365
202009 3.695 111.700 3.812
202012 10.336 111.500 10.682
202103 2.107 112.662 2.155
202106 5.389 111.769 5.556
202109 4.003 112.215 4.110
202112 12.448 113.108 12.681
202203 2.784 114.335 2.806
202206 6.546 114.558 6.584
202209 3.828 115.339 3.824
202212 10.288 115.116 10.298
202303 3.380 115.116 3.383
202306 7.996 114.558 8.043
202309 4.643 115.339 4.639
202312 13.008 114.781 13.059
202403 4.251 115.227 4.251

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


Poly Developments and Holdings Group Co  (SHSE:600048) 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.

Poly Developments and Holdings Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.29/19.36
=0.53

* 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 Poly Developments and Holdings Group Co was 3.33. The lowest was 0.41. And the median was 1.37.


Be Aware

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


Poly Developments and Holdings Group Co Cyclically Adjusted Revenue per Share Related Terms

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Poly Developments and Holdings Group Co (SHSE:600048) Business Description

Traded in Other Exchanges
N/A
Address
No. 688 Yuejiang Middle Road, Poly International Square North Tower, 30-33 Layer, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308
Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.
Executives
Zhou Dong Li Directors, senior managers
Huang Hai senior management
Zhang Yan Hua senior management
Liu Wen Sheng senior management
Kong Jun Feng Supervisors
Pan Zhi Hua senior management
Liu Ying Chuan senior management
Zhang Wei senior management
Liu Ping Director
Wang Quan Liang senior management
Hu Zai Xin senior management
Zhang Wan Shun Director
Chen Dong Ju senior management
Wang Jian senior management
Song Guang Ju Director

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