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Shede Spirits Co (SHSE:600702) Cyclically Adjusted Revenue per Share : ¥10.33 (As of Mar. 2024)


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What is Shede Spirits 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.

Shede Spirits Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥6.346. 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 ¥10.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shede Spirits Co's average Cyclically Adjusted Revenue Growth Rate was 19.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% 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 Shede Spirits Co was 19.00% per year. The lowest was 1.10% per year. And the median was 7.15% per year.

As of today (2024-05-22), Shede Spirits Co's current stock price is ¥74.86. Shede Spirits Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥10.33. Shede Spirits Co's Cyclically Adjusted PS Ratio of today is 7.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shede Spirits Co was 39.06. The lowest was 2.85. And the median was 6.39.


Shede Spirits Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shede Spirits 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.

Shede Spirits Co Cyclically Adjusted Revenue per Share Chart

Shede Spirits 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 5.32 5.80 6.94 8.18 9.77

Shede Spirits 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 8.63 8.93 9.41 9.77 10.33

Competitive Comparison of Shede Spirits Co's Cyclically Adjusted Revenue per Share

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shede Spirits 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, Shede Spirits 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)
=6.346/115.2271*115.2271
=6.346

Current CPI (Mar. 2024) = 115.2271.

Shede Spirits Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.131 98.200 1.327
201409 0.881 98.900 1.026
201412 1.238 99.000 1.441
201503 0.937 99.900 1.081
201506 0.923 99.500 1.069
201509 0.560 100.500 0.642
201512 1.006 100.600 1.152
201603 1.264 102.200 1.425
201606 1.048 101.400 1.191
201609 0.947 102.400 1.066
201612 1.075 102.600 1.207
201703 1.265 103.200 1.412
201706 1.341 103.100 1.499
201709 1.079 104.100 1.194
201712 1.172 104.500 1.292
201803 1.542 105.300 1.687
201806 1.476 104.900 1.621
201809 1.699 106.600 1.836
201812 1.890 106.500 2.045
201903 2.090 107.700 2.236
201906 1.567 107.700 1.677
201909 1.866 109.800 1.958
201912 2.417 111.200 2.505
202003 1.214 112.300 1.246
202006 1.866 110.400 1.948
202009 2.221 111.700 2.291
202012 2.814 111.500 2.908
202103 3.090 112.662 3.160
202106 4.103 111.769 4.230
202109 3.662 112.215 3.760
202112 4.150 113.108 4.228
202203 5.673 114.335 5.717
202206 3.425 114.558 3.445
202209 4.792 115.339 4.787
202212 4.376 115.116 4.380
202303 6.068 115.116 6.074
202306 4.522 114.558 4.548
202309 5.055 115.339 5.050
202312 5.535 114.781 5.557
202403 6.346 115.227 6.346

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


Shede Spirits Co  (SHSE:600702) 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.

Shede Spirits Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=74.86/10.33
=7.25

* 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 Shede Spirits Co was 39.06. The lowest was 2.85. And the median was 6.39.


Be Aware

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


Shede Spirits Co Cyclically Adjusted Revenue per Share Related Terms

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Shede Spirits Co (SHSE:600702) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Tuopai Avenue, Tuopai Town, Shehong County, Sichuan Province, Suining, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.

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