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Opple Lighting Co (SHSE:603515) Cyclically Adjusted Revenue per Share : ¥10.35 (As of Mar. 2024)


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What is Opple Lighting 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.

Opple Lighting Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.095. 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 ¥10.35 for the trailing ten years ended in Mar. 2024.

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 (2024-05-28), Opple Lighting Co's current stock price is ¥20.08. Opple Lighting Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥10.35. Opple Lighting Co's Cyclically Adjusted PS Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Opple Lighting Co was 1.97. The lowest was 1.50. And the median was 1.70.


Opple Lighting Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Opple Lighting 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.

Opple Lighting Co Cyclically Adjusted Revenue per Share Chart

Opple Lighting Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Opple Lighting 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 - - - - 10.35

Competitive Comparison of Opple Lighting Co's Cyclically Adjusted Revenue per Share

For the Furnishings, Fixtures & Appliances subindustry, Opple Lighting 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.


Opple Lighting Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opple Lighting Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Opple Lighting 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, Opple Lighting 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)
=2.095/115.2271*115.2271
=2.095

Current CPI (Mar. 2024) = 115.2271.

Opple Lighting Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 1.091 99.900 1.258
201509 1.751 100.500 2.008
201512 2.251 100.600 2.578
201603 1.270 102.200 1.432
201606 2.016 101.400 2.291
201609 2.039 102.400 2.294
201612 2.442 102.600 2.743
201703 1.684 103.200 1.880
201706 2.315 103.100 2.587
201709 2.307 104.100 2.554
201712 2.813 104.500 3.102
201803 1.902 105.300 2.081
201806 2.750 104.900 3.021
201809 2.716 106.600 2.936
201812 3.132 106.500 3.389
201903 2.124 107.700 2.272
201906 2.841 107.700 3.040
201909 2.723 109.800 2.858
201912 3.402 111.200 3.525
202003 1.449 112.300 1.487
202006 2.467 110.400 2.575
202009 2.911 111.700 3.003
202012 3.706 111.500 3.830
202103 2.344 112.662 2.397
202106 2.948 111.769 3.039
202109 2.903 112.215 2.981
202112 3.488 113.108 3.553
202203 1.977 114.335 1.992
202206 2.410 114.558 2.424
202209 2.495 115.339 2.493
202212 2.754 115.116 2.757
202303 1.995 115.116 1.997
202306 2.641 114.558 2.656
202309 2.642 115.339 2.639
202312 3.329 114.781 3.342
202403 2.095 115.227 2.095

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


Opple Lighting Co  (SHSE:603515) 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.

Opple Lighting Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.08/10.35
=1.94

* 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 Opple Lighting Co was 1.97. The lowest was 1.50. And the median was 1.70.


Be Aware

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


Opple Lighting Co Cyclically Adjusted Revenue per Share Related Terms

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


Opple Lighting Co (SHSE:603515) Business Description

Traded in Other Exchanges
N/A
Address
The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
Executives
Wang Yao Hai Director
Zhang Xue Juan senior management
Huang Di Director
Ma Zhi Wei Director
Ma Xiu Hui Directors, senior managers
Gao Zhan Director
Ni Guo Long Director
Han Yi Quan senior management
Qi Xiao Ming Director
Ding Long Director
Hong Wei Ying Supervisors
Wang Guo Xiao Supervisors
Chen Jing Hua Director

Opple Lighting Co (SHSE:603515) Headlines

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