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Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Cyclically Adjusted Revenue per Share : ¥1.62 (As of Mar. 2024)


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What is Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.384. 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 ¥1.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pangang Group Vanadium & Titanium Resources Co's average Cyclically Adjusted Revenue Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -12.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -10.90% 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 Pangang Group Vanadium & Titanium Resources Co was 8.90% per year. The lowest was -17.60% per year. And the median was -5.65% per year.

As of today (2024-05-26), Pangang Group Vanadium & Titanium Resources Co's current stock price is ¥2.99. Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.62. Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pangang Group Vanadium & Titanium Resources Co was 4.40. The lowest was 0.43. And the median was 0.94.


Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted Revenue per Share Chart

Pangang Group Vanadium & Titanium Resources 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 2.71 2.16 1.69 1.68 1.62

Pangang Group Vanadium & Titanium Resources 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 1.68 1.65 1.65 1.62 1.62

Competitive Comparison of Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Pangang Group Vanadium & Titanium Resources 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.


Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted PS Ratio falls into.



Pangang Group Vanadium & Titanium Resources 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, Pangang Group Vanadium & Titanium Resources 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)
=0.384/115.2271*115.2271
=0.384

Current CPI (Mar. 2024) = 115.2271.

Pangang Group Vanadium & Titanium Resources Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.562 98.200 0.659
201409 0.497 98.900 0.579
201412 0.482 99.000 0.561
201503 0.372 99.900 0.429
201506 0.345 99.500 0.400
201509 0.309 100.500 0.354
201512 0.304 100.600 0.348
201603 0.330 102.200 0.372
201606 0.355 101.400 0.403
201609 0.379 102.400 0.426
201612 0.172 102.600 0.193
201703 0.257 103.200 0.287
201706 0.235 103.100 0.263
201709 0.262 104.100 0.290
201712 0.345 104.500 0.380
201803 0.371 105.300 0.406
201806 0.417 104.900 0.458
201809 0.453 106.600 0.490
201812 0.523 106.500 0.566
201903 0.473 107.700 0.506
201906 0.372 107.700 0.398
201909 0.364 109.800 0.382
201912 0.323 111.200 0.335
202003 0.295 112.300 0.303
202006 0.290 110.400 0.303
202009 0.329 111.700 0.339
202012 0.317 111.500 0.328
202103 0.391 112.662 0.400
202106 0.436 111.769 0.449
202109 0.442 112.215 0.454
202112 0.368 113.108 0.375
202203 0.481 114.335 0.485
202206 0.478 114.558 0.481
202209 0.365 115.339 0.365
202212 0.432 115.116 0.432
202303 0.459 115.116 0.459
202306 0.429 114.558 0.432
202309 0.367 115.339 0.367
202312 0.360 114.781 0.361
202403 0.384 115.227 0.384

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


Pangang Group Vanadium & Titanium Resources Co  (SZSE:000629) 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.

Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.99/1.62
=1.85

* 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 Pangang Group Vanadium & Titanium Resources Co was 4.40. The lowest was 0.43. And the median was 0.94.


Be Aware

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


Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted Revenue per Share Related Terms

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


Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Business Description

Traded in Other Exchanges
N/A
Address
West Section of Gangcheng Avenue, Panzhihua Culture Square, No. 21, East District, Sichuan Province, Panzhihua, CHN, 617067
Pangang Group Vanadium Titanium & Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company products are used in steel, chemical, military, electronics, and other industries.
Executives
Zhang Yu Dong Supervisors
Xie Zheng Min Executives
Liu Jie Director
Zheng Yong Xiong Supervisors
Du Si Hong Executives
Zhang Da De Director
Wang Zhang Min Executives
Zhang Zhi Jie Supervisors
Sun Ren Xiao Director
Tian Ye Director
Liu Jun Executives
Xue Pei Hua Executives
Xue Shi Cheng Director
Jiao Jing Min Executives
Liu Xin Hui Supervisors

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Headlines

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