GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » G-bits Network Technology (Xiamen) Co Ltd (SHSE:603444) » Definitions » Cyclically Adjusted Revenue per Share

G-bits Network Technology (Xiamen) Co (SHSE:603444) Cyclically Adjusted Revenue per Share : ¥35.35 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co's adjusted revenue per share data for the fiscal year that ended in Dec. 2023 was ¥58.135. 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 ¥35.35 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 28.50% 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 G-bits Network Technology (Xiamen) Co was 28.50% per year. The lowest was 28.50% per year. And the median was 28.50% per year.

As of today (2024-06-08), G-bits Network Technology (Xiamen) Co's current stock price is ¥ 184.94. G-bits Network Technology (Xiamen) Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec. 2023 was ¥35.35. G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PS Ratio of today is 5.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of G-bits Network Technology (Xiamen) Co was 25.55. The lowest was 5.09. And the median was 14.68.


G-bits Network Technology (Xiamen) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Cyclically Adjusted Revenue per Share Chart

G-bits Network Technology (Xiamen) 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 - 16.67 23.01 30.21 35.35

G-bits Network Technology (Xiamen) 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 - - - 35.35 -

Competitive Comparison of G-bits Network Technology (Xiamen) Co's Cyclically Adjusted Revenue per Share

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PS Ratio falls into.



G-bits Network Technology (Xiamen) 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, G-bits Network Technology (Xiamen) Co's adjusted Revenue per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=58.135/114.7809*114.7809
=58.135

Current CPI (Dec. 2023) = 114.7809.

G-bits Network Technology (Xiamen) Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.052 99.000 7.017
201512 5.624 100.600 6.417
201612 24.460 102.600 27.364
201712 20.146 104.500 22.128
201812 23.162 106.500 24.963
201912 30.255 111.200 31.229
202012 38.209 111.500 39.333
202112 64.261 113.108 65.212
202212 71.914 115.116 71.705
202312 58.135 114.781 58.135

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


G-bits Network Technology (Xiamen) Co  (SHSE:603444) 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.

G-bits Network Technology (Xiamen) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=184.94/35.35
=5.23

* 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 G-bits Network Technology (Xiamen) Co was 25.55. The lowest was 5.09. And the median was 14.68.


Be Aware

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


G-bits Network Technology (Xiamen) Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of G-bits Network Technology (Xiamen) Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


G-bits Network Technology (Xiamen) Co (SHSE:603444) Business Description

Traded in Other Exchanges
N/A
Address
Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
Executives
Liang Li Li senior management
Lu Hong Yan Director
Gao Yan Director

G-bits Network Technology (Xiamen) Co (SHSE:603444) Headlines

No Headlines