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Beijing Yanjing Brewery Co (SZSE:000729) Cyclically Adjusted Revenue per Share : ¥4.66 (As of Mar. 2024)


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What is Beijing Yanjing Brewery 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.

Beijing Yanjing Brewery Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.273. 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 ¥4.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Yanjing Brewery Co's average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Beijing Yanjing Brewery Co was 11.60% per year. The lowest was -3.30% per year. And the median was 2.60% per year.

As of today (2024-05-22), Beijing Yanjing Brewery Co's current stock price is ¥10.07. Beijing Yanjing Brewery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥4.66. Beijing Yanjing Brewery Co's Cyclically Adjusted PS Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Beijing Yanjing Brewery Co was 2.94. The lowest was 1.07. And the median was 1.48.


Beijing Yanjing Brewery Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Beijing Yanjing Brewery 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.

Beijing Yanjing Brewery Co Cyclically Adjusted Revenue per Share Chart

Beijing Yanjing Brewery 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 5.27 5.13 4.85 4.77 4.64

Beijing Yanjing Brewery 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 4.76 4.67 4.68 4.64 4.66

Competitive Comparison of Beijing Yanjing Brewery Co's Cyclically Adjusted Revenue per Share

For the Beverages - Brewers subindustry, Beijing Yanjing Brewery 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.


Beijing Yanjing Brewery Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Beijing Yanjing Brewery Co's Cyclically Adjusted PS Ratio falls into.



Beijing Yanjing Brewery 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, Beijing Yanjing Brewery 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)
=1.273/115.2271*115.2271
=1.273

Current CPI (Mar. 2024) = 115.2271.

Beijing Yanjing Brewery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.683 98.200 1.975
201409 1.598 98.900 1.862
201412 0.451 99.000 0.525
201503 1.127 99.900 1.300
201506 1.366 99.500 1.582
201509 1.564 100.500 1.793
201512 0.391 100.600 0.448
201603 1.120 102.200 1.263
201606 1.109 101.400 1.260
201609 1.446 102.400 1.627
201612 0.433 102.600 0.486
201703 1.123 103.200 1.254
201706 1.121 103.100 1.253
201709 1.363 104.100 1.509
201712 0.348 104.500 0.384
201803 1.151 105.300 1.260
201806 1.111 104.900 1.220
201809 1.369 106.600 1.480
201812 0.398 106.500 0.431
201903 1.231 107.700 1.317
201906 1.063 107.700 1.137
201909 1.385 109.800 1.453
201912 0.398 111.200 0.412
202003 0.709 112.300 0.727
202006 1.267 110.400 1.322
202009 1.519 111.700 1.567
202012 0.380 111.500 0.393
202103 0.997 112.662 1.020
202106 1.241 111.769 1.279
202109 1.447 112.215 1.486
202112 0.561 113.108 0.572
202203 1.077 114.335 1.085
202206 1.381 114.558 1.389
202209 1.566 115.339 1.564
202212 0.667 115.116 0.668
202303 1.251 115.116 1.252
202306 1.454 114.558 1.462
202309 1.700 115.339 1.698
202312 0.641 114.781 0.643
202403 1.273 115.227 1.273

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


Beijing Yanjing Brewery Co  (SZSE:000729) 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.

Beijing Yanjing Brewery Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.07/4.66
=2.16

* 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 Beijing Yanjing Brewery Co was 2.94. The lowest was 1.07. And the median was 1.48.


Be Aware

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


Beijing Yanjing Brewery Co Cyclically Adjusted Revenue per Share Related Terms

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Beijing Yanjing Brewery Co (SZSE:000729) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Shuanghe Road, Shunyi District, Beijing, CHN, 101300
Beijing Yanjing Brewery Co Ltd is a China-based firm engaged in the brewing, sale, and distribution of beer. The company also makes soft drinks such as mineral water. Its product portfolio includes Yanjing puree white beer, Pure health beer series, and fresh beer series.

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