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Changjiang Publishing & Media Co (SHSE:600757) Cyclically Adjusted Revenue per Share : ¥7.76 (As of Mar. 2024)


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What is Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.614. 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 ¥7.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Changjiang Publishing & Media Co's average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% 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 Changjiang Publishing & Media Co was 12.10% per year. The lowest was -6.20% per year. And the median was 1.80% per year.

As of today (2024-06-07), Changjiang Publishing & Media Co's current stock price is ¥8.40. Changjiang Publishing & Media Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.76. Changjiang Publishing & Media Co's Cyclically Adjusted PS Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Changjiang Publishing & Media Co was 4.55. The lowest was 0.67. And the median was 1.11.


Changjiang Publishing & Media Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Changjiang Publishing & Media 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.

Changjiang Publishing & Media Co Cyclically Adjusted Revenue per Share Chart

Changjiang Publishing & Media 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 7.09 7.26 7.34 7.59 7.67

Changjiang Publishing & Media 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 7.66 7.64 7.70 7.67 7.76

Competitive Comparison of Changjiang Publishing & Media Co's Cyclically Adjusted Revenue per Share

For the Publishing subindustry, Changjiang Publishing & Media 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.


Changjiang Publishing & Media Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Changjiang Publishing & Media Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changjiang Publishing & Media Co's Cyclically Adjusted PS Ratio falls into.



Changjiang Publishing & Media 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, Changjiang Publishing & Media 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)
=1.614/115.2271*115.2271
=1.614

Current CPI (Mar. 2024) = 115.2271.

Changjiang Publishing & Media Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.989 98.200 1.160
201409 0.966 98.900 1.125
201412 1.017 99.000 1.184
201503 0.798 99.900 0.920
201506 1.505 99.500 1.743
201509 2.016 100.500 2.311
201512 5.826 100.600 6.673
201603 2.408 102.200 2.715
201606 3.688 101.400 4.191
201609 2.624 102.400 2.953
201612 2.802 102.600 3.147
201703 2.335 103.200 2.607
201706 1.410 103.100 1.576
201709 1.830 104.100 2.026
201712 3.886 104.500 4.285
201803 1.824 105.300 1.996
201806 2.491 104.900 2.736
201809 1.959 106.600 2.118
201812 2.186 106.500 2.365
201903 1.349 107.700 1.443
201906 1.478 107.700 1.581
201909 1.793 109.800 1.882
201912 1.674 111.200 1.735
202003 0.729 112.300 0.748
202006 1.812 110.400 1.891
202009 1.117 111.700 1.152
202012 1.823 111.500 1.884
202103 1.125 112.662 1.151
202106 1.257 111.769 1.296
202109 1.181 112.215 1.213
202112 1.362 113.108 1.388
202203 1.363 114.335 1.374
202206 1.443 114.558 1.451
202209 1.127 115.339 1.126
202212 1.241 115.116 1.242
202303 1.678 115.116 1.680
202306 1.271 114.558 1.278
202309 1.197 115.339 1.196
202312 1.452 114.781 1.458
202403 1.614 115.227 1.614

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


Changjiang Publishing & Media Co  (SHSE:600757) 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.

Changjiang Publishing & Media Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.40/7.76
=1.08

* 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 Changjiang Publishing & Media Co was 4.55. The lowest was 0.67. And the median was 1.11.


Be Aware

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


Changjiang Publishing & Media Co Cyclically Adjusted Revenue per Share Related Terms

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Changjiang Publishing & Media Co (SHSE:600757) Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Xiongchu Avenue, 11th-12th Floor, Block B, Hubei Publishing Culture City, Hubei Province, Wuhan, CHN, 430070
Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products.
Executives
Zhou Yi Ping Director
Tian Wu Ying senior management
Wan Zhi Director
Hua Ying Sheng Director
Luo Jin Supervisors

Changjiang Publishing & Media Co (SHSE:600757) Headlines

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