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Jinhui Liquor Co (SHSE:603919) Cyclically Adjusted Revenue per Share : ¥3.85 (As of Mar. 2024)


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What is Jinhui Liquor 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.

Jinhui Liquor Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.141. 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 ¥3.85 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 (2024-05-27), Jinhui Liquor Co's current stock price is ¥21.05. Jinhui Liquor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.85. Jinhui Liquor Co's Cyclically Adjusted PS Ratio of today is 5.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Jinhui Liquor Co was 6.35. The lowest was 5.02. And the median was 5.65.


Jinhui Liquor Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jinhui Liquor 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.

Jinhui Liquor Co Cyclically Adjusted Revenue per Share Chart

Jinhui Liquor 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 - - - - 3.70

Jinhui Liquor 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 - - - 3.70 3.85

Competitive Comparison of Jinhui Liquor Co's Cyclically Adjusted Revenue per Share

For the Beverages - Wineries & Distilleries subindustry, Jinhui Liquor 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.


Jinhui Liquor Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jinhui Liquor Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jinhui Liquor 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, Jinhui Liquor 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)
=2.141/115.2271*115.2271
=2.141

Current CPI (Mar. 2024) = 115.2271.

Jinhui Liquor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 1.009 99.900 1.164
201506 0.479 99.500 0.555
201509 0.685 100.500 0.785
201512 1.005 100.600 1.151
201603 1.140 102.200 1.285
201606 0.402 101.400 0.457
201609 0.549 102.400 0.618
201612 0.993 102.600 1.115
201703 0.970 103.200 1.083
201706 0.549 103.100 0.614
201709 0.489 104.100 0.541
201712 0.783 104.500 0.863
201803 1.021 105.300 1.117
201806 0.645 104.900 0.708
201809 0.467 106.600 0.505
201812 1.053 106.500 1.139
201903 1.087 107.700 1.163
201906 0.613 107.700 0.656
201909 0.635 109.800 0.666
201912 1.076 111.200 1.115
202003 0.651 112.300 0.668
202006 0.776 110.400 0.810
202009 0.692 111.700 0.714
202012 1.365 111.500 1.411
202103 1.014 112.662 1.037
202106 0.906 111.769 0.934
202109 0.729 112.215 0.749
202112 0.875 113.108 0.891
202203 1.371 114.335 1.382
202206 1.052 114.558 1.058
202209 0.648 115.339 0.647
202212 0.823 115.116 0.824
202303 1.769 115.116 1.771
202306 1.229 114.558 1.236
202309 0.998 115.339 0.997
202312 1.038 114.781 1.042
202403 2.141 115.227 2.141

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


Jinhui Liquor Co  (SHSE:603919) 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.

Jinhui Liquor Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.05/3.85
=5.47

* 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 Jinhui Liquor Co was 6.35. The lowest was 5.02. And the median was 5.65.


Be Aware

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


Jinhui Liquor Co Cyclically Adjusted Revenue per Share Related Terms

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


Jinhui Liquor Co (SHSE:603919) Business Description

Traded in Other Exchanges
N/A
Address
Huixian, Gansu Province, Longnan, CHN, 742 300
Jinhui Liquor Co Ltd engages in manufacturing and sales of wine & liquor, as well as design, development, manufacturing, and sale of packaging materials.
Executives
Wang Ning senior management

Jinhui Liquor Co (SHSE:603919) Headlines

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