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Maoye Commercial Co (SHSE:600828) Cyclically Adjusted Revenue per Share : ¥4.61 (As of Mar. 2024)


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What is Maoye Commercial 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.

Maoye Commercial Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.475. 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 ¥4.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Maoye Commercial Co's average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% 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 Maoye Commercial Co was 11.90% per year. The lowest was -3.80% per year. And the median was 5.90% per year.

As of today (2024-05-31), Maoye Commercial Co's current stock price is ¥2.88. Maoye Commercial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.61. Maoye Commercial Co's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Maoye Commercial Co was 2.91. The lowest was 0.58. And the median was 1.09.


Maoye Commercial Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Maoye Commercial 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.

Maoye Commercial Co Cyclically Adjusted Revenue per Share Chart

Maoye Commercial 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 5.42 5.26 5.14 4.97 4.68

Maoye Commercial 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 4.89 4.81 4.78 4.68 4.61

Competitive Comparison of Maoye Commercial Co's Cyclically Adjusted Revenue per Share

For the Department Stores subindustry, Maoye Commercial 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.


Maoye Commercial Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maoye Commercial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Maoye Commercial 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, Maoye Commercial 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)
=0.475/115.2271*115.2271
=0.475

Current CPI (Mar. 2024) = 115.2271.

Maoye Commercial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.869 98.200 1.020
201409 0.750 98.900 0.874
201412 0.885 99.000 1.030
201503 1.017 99.900 1.173
201506 0.849 99.500 0.983
201509 0.697 100.500 0.799
201512 1.032 100.600 1.182
201603 1.030 102.200 1.161
201606 1.125 101.400 1.278
201609 1.362 102.400 1.533
201612 1.917 102.600 2.153
201703 1.883 103.200 2.102
201706 1.567 103.100 1.751
201709 1.470 104.100 1.627
201712 2.551 104.500 2.813
201803 2.061 105.300 2.255
201806 1.654 104.900 1.817
201809 1.523 106.600 1.646
201812 2.329 106.500 2.520
201903 1.959 107.700 2.096
201906 1.632 107.700 1.746
201909 1.410 109.800 1.480
201912 2.063 111.200 2.138
202003 0.440 112.300 0.451
202006 0.487 110.400 0.508
202009 0.516 111.700 0.532
202012 0.693 111.500 0.716
202103 0.699 112.662 0.715
202106 0.579 111.769 0.597
202109 0.511 112.215 0.525
202112 0.617 113.108 0.629
202203 0.498 114.335 0.502
202206 0.481 114.558 0.484
202209 0.351 115.339 0.351
202212 0.639 115.116 0.640
202303 0.544 115.116 0.545
202306 0.474 114.558 0.477
202309 0.388 115.339 0.388
202312 0.421 114.781 0.423
202403 0.475 115.227 0.475

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


Maoye Commercial Co  (SHSE:600828) 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.

Maoye Commercial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.88/4.61
=0.62

* 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 Maoye Commercial Co was 2.91. The lowest was 0.58. And the median was 1.09.


Be Aware

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


Maoye Commercial Co Cyclically Adjusted Revenue per Share Related Terms

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


Maoye Commercial Co (SHSE:600828) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Dongyu Street, Sichuan Province, Chengdu, CHN, 610011
Maoye Commercial Co Ltd, formerly Chengshang Group Co Ltd is a China-based company engaged in retail and real estate development.
Executives
Yan Yi Jia senior management
Wang Hui Supervisors

Maoye Commercial Co (SHSE:600828) Headlines

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