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Liaoning Port Co (SHSE:601880) Cyclically Adjusted Revenue per Share : ¥0.70 (As of Mar. 2024)


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What is Liaoning Port 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.

Liaoning Port Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.155. 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 ¥0.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Liaoning Port Co's average Cyclically Adjusted Revenue Growth Rate was -4.10% 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. 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 Liaoning Port Co was 0.90% per year. The lowest was -0.50% per year. And the median was 0.90% per year.

As of today (2024-05-26), Liaoning Port Co's current stock price is ¥1.41. Liaoning Port Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.70. Liaoning Port Co's Cyclically Adjusted PS Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Liaoning Port Co was 3.64. The lowest was 1.94. And the median was 2.42.


Liaoning Port Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Liaoning Port 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.

Liaoning Port Co Cyclically Adjusted Revenue per Share Chart

Liaoning Port 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 0.71 0.71 0.72 0.73 0.70

Liaoning Port 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 0.73 0.71 0.70 0.70 0.70

Competitive Comparison of Liaoning Port Co's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Liaoning Port 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.


Liaoning Port Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Liaoning Port Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Liaoning Port 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, Liaoning Port 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)
=0.155/115.2271*115.2271
=0.155

Current CPI (Mar. 2024) = 115.2271.

Liaoning Port Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.166 98.200 0.195
201409 0.218 98.900 0.254
201412 0.241 99.000 0.281
201503 0.227 99.900 0.262
201506 0.093 99.500 0.108
201509 0.283 100.500 0.324
201512 0.218 100.600 0.250
201603 0.189 102.200 0.213
201606 0.424 101.400 0.482
201609 0.267 102.400 0.300
201612 0.162 102.600 0.182
201703 0.188 103.200 0.210
201706 0.172 103.100 0.192
201709 0.132 104.100 0.146
201712 0.236 104.500 0.260
201803 0.162 105.300 0.177
201806 0.071 104.900 0.078
201809 0.129 106.600 0.139
201812 0.106 106.500 0.115
201903 0.115 107.700 0.123
201906 0.109 107.700 0.117
201909 0.133 109.800 0.140
201912 0.146 111.200 0.151
202003 0.112 112.300 0.115
202006 0.108 110.400 0.113
202009 0.174 111.700 0.179
202012 0.158 111.500 0.163
202103 0.148 112.662 0.151
202106 0.140 111.769 0.144
202109 0.110 112.215 0.113
202112 0.124 113.108 0.126
202203 0.120 114.335 0.121
202206 0.114 114.558 0.115
202209 0.159 115.339 0.159
202212 0.093 115.116 0.093
202303 0.148 115.116 0.148
202306 0.123 114.558 0.124
202309 0.078 115.339 0.078
202312 0.160 114.781 0.161
202403 0.155 115.227 0.155

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


Liaoning Port Co  (SHSE:601880) 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.

Liaoning Port Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.41/0.7
=2.01

* 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 Liaoning Port Co was 3.64. The lowest was 1.94. And the median was 2.42.


Be Aware

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


Liaoning Port Co Cyclically Adjusted Revenue per Share Related Terms

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


Liaoning Port Co (SHSE:601880) Business Description

Industry
Traded in Other Exchanges
Address
Xingang Commercial Building, Dalian Free Trade Zone, Dayao Bay, Liaoning Province, Dalian, CHN, 116600
Liaoning Port Co Ltd is a China-based company providing port and logistics services. It operates in seven segments: Oil/liquefied chemicals terminal and related logistics services; Container terminal and related logistics services; Bulk and general cargo terminal and related logistics services; Bulk grain terminal and related logistics services; Passenger and roll-on, roll-off terminal and related logistics services; Port value-added and ancillary services; and Automobile terminal and related logistics services.
Executives
Dong Yan Hong Director

Liaoning Port Co (SHSE:601880) Headlines

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