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Seres Group Co (SHSE:601127) Cyclically Adjusted Revenue per Share : ¥21.01 (As of Mar. 2024)


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What is Seres 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.

Seres Group Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥18.147. 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 ¥21.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seres Group Co's average Cyclically Adjusted Revenue Growth Rate was 12.80% 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.

As of today (2024-06-09), Seres Group Co's current stock price is ¥86.67. Seres Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥21.01. Seres Group Co's Cyclically Adjusted PS Ratio of today is 4.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Seres Group Co was 5.17. The lowest was 1.36. And the median was 2.62.


Seres Group Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Seres 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.

Seres Group Co Cyclically Adjusted Revenue per Share Chart

Seres 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 - - - 18.76 19.49

Seres 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 18.63 18.47 18.73 19.49 21.01

Competitive Comparison of Seres Group Co's Cyclically Adjusted Revenue per Share

For the Auto Manufacturers subindustry, Seres 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.


Seres Group Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Seres Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Seres 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, Seres 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)
=18.147/115.2271*115.2271
=18.147

Current CPI (Mar. 2024) = 115.2271.

Seres Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.643 98.200 3.101
201409 2.056 98.900 2.395
201412 4.759 99.000 5.539
201503 4.094 99.900 4.722
201506 2.794 99.500 3.236
201509 2.717 100.500 3.115
201512 4.860 100.600 5.567
201603 4.326 102.200 4.877
201606 4.178 101.400 4.748
201609 4.072 102.400 4.582
201612 7.350 102.600 8.255
201703 6.699 103.200 7.480
201706 4.674 103.100 5.224
201709 4.890 104.100 5.413
201712 8.297 104.500 9.149
201803 6.806 105.300 7.448
201806 4.305 104.900 4.729
201809 3.859 106.600 4.171
201812 4.459 106.500 4.824
201903 5.218 107.700 5.583
201906 3.059 107.700 3.273
201909 4.125 109.800 4.329
201912 6.558 111.200 6.795
202003 2.558 112.300 2.625
202006 3.093 110.400 3.228
202009 3.234 111.700 3.336
202012 3.647 111.500 3.769
202103 2.594 112.662 2.653
202106 3.072 111.769 3.167
202109 3.092 112.215 3.175
202112 3.843 113.108 3.915
202203 3.792 114.335 3.822
202206 5.328 114.558 5.359
202209 7.123 115.339 7.116
202212 7.341 115.116 7.348
202303 3.421 115.116 3.424
202306 3.964 114.558 3.987
202309 3.738 115.339 3.734
202312 12.662 114.781 12.711
202403 18.147 115.227 18.147

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


Seres Group Co  (SHSE:601127) 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.

Seres Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=86.67/21.01
=4.13

* 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 Seres Group Co was 5.17. The lowest was 1.36. And the median was 2.62.


Be Aware

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


Seres Group Co Cyclically Adjusted Revenue per Share Related Terms

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


Seres Group Co (SHSE:601127) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Wuyunhu Road, Shapingba District, Chongqing, CHN, 401335
Seres Group Co Ltd is engaged in the research and development, production, sales, and service of automobile and engine parts.
Executives
Liu Chang Dong Director
Shen Wei senior management
Duan Wei senior management
Liu Lian senior management
Meng Gang senior management
Cen Yuan Chuan Director
Chen Yu Qi senior management
Ma Jian Chang Director

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