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Yutong Bus Co (SHSE:600066) Cyclically Adjusted Revenue per Share : ¥13.64 (As of Mar. 2024)


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What is Yutong Bus 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.

Yutong Bus Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥3.021. 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 ¥13.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yutong Bus Co's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% 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 Yutong Bus Co was 16.20% per year. The lowest was -1.30% per year. And the median was 11.10% per year.

As of today (2024-06-01), Yutong Bus Co's current stock price is ¥24.35. Yutong Bus Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥13.64. Yutong Bus Co's Cyclically Adjusted PS Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yutong Bus Co was 2.60. The lowest was 0.52. And the median was 1.27.


Yutong Bus Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yutong Bus 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.

Yutong Bus Co Cyclically Adjusted Revenue per Share Chart

Yutong Bus 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 14.02 13.72 13.61 13.49 13.52

Yutong Bus 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 13.37 13.33 13.53 13.52 13.64

Competitive Comparison of Yutong Bus Co's Cyclically Adjusted Revenue per Share

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.


Yutong Bus Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yutong Bus 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, Yutong Bus 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)
=3.021/115.2271*115.2271
=3.021

Current CPI (Mar. 2024) = 115.2271.

Yutong Bus Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.123 98.200 3.665
201409 2.958 98.900 3.446
201412 3.414 99.000 3.974
201503 1.945 99.900 2.243
201506 2.774 99.500 3.212
201509 3.810 100.500 4.368
201512 5.644 100.600 6.465
201603 2.302 102.200 2.595
201606 3.726 101.400 4.234
201609 3.788 102.400 4.263
201612 6.425 102.600 7.216
201703 1.713 103.200 1.913
201706 2.459 103.100 2.748
201709 4.412 104.100 4.884
201712 6.348 104.500 7.000
201803 2.055 105.300 2.249
201806 3.444 104.900 3.783
201809 3.291 106.600 3.557
201812 5.028 106.500 5.440
201903 2.181 107.700 2.333
201906 3.506 107.700 3.751
201909 3.764 109.800 3.950
201912 3.841 111.200 3.980
202003 1.181 112.300 1.212
202006 2.637 110.400 2.752
202009 2.569 111.700 2.650
202012 2.592 111.500 2.679
202103 1.638 112.662 1.675
202106 1.724 111.769 1.777
202109 2.463 112.215 2.529
202112 4.634 113.108 4.721
202203 1.524 114.335 1.536
202206 2.323 114.558 2.337
202209 2.217 115.339 2.215
202212 3.633 115.116 3.637
202303 1.483 115.116 1.484
202306 3.643 114.558 3.664
202309 3.521 115.339 3.518
202312 3.749 114.781 3.764
202403 3.021 115.227 3.021

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


Yutong Bus Co  (SHSE:600066) 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.

Yutong Bus Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.35/13.64
=1.79

* 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 Yutong Bus Co was 2.60. The lowest was 0.52. And the median was 1.27.


Be Aware

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


Yutong Bus Co Cyclically Adjusted Revenue per Share Related Terms

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


Yutong Bus Co (SHSE:600066) Business Description

Traded in Other Exchanges
N/A
Address
66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.
Executives
Yu Li Directors, senior managers
Feng Ding Yong Director
Sun Xi Shun Supervisors
Cao Zhong Yan senior management
Yang Bo Directors, senior managers
Cao Jian Wei Director
Zhang Tao Director
Wang Wen Bing senior management
Yang Xiang Ying Director
Han Jun Director

Yutong Bus Co (SHSE:600066) Headlines

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