GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hangzhou Hik-Vision Digital Technology Co Ltd (SZSE:002415) » Definitions » Cyclically Adjusted Revenue per Share

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Cyclically Adjusted Revenue per Share : ¥6.26 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hangzhou Hik-Vision Digital Technology 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.

Hangzhou Hik-Vision Digital Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.934. 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 ¥6.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hangzhou Hik-Vision Digital Technology Co's average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 19.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 22.30% 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 Hangzhou Hik-Vision Digital Technology Co was 25.60% per year. The lowest was 19.70% per year. And the median was 22.00% per year.

As of today (2024-05-15), Hangzhou Hik-Vision Digital Technology Co's current stock price is ¥33.21. Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥6.26. Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted PS Ratio of today is 5.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hangzhou Hik-Vision Digital Technology Co was 21.64. The lowest was 4.94. And the median was 11.59.


Hangzhou Hik-Vision Digital Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hangzhou Hik-Vision Digital Technology 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.

Hangzhou Hik-Vision Digital Technology Co Cyclically Adjusted Revenue per Share Chart

Hangzhou Hik-Vision Digital Technology 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 2.92 3.56 4.42 5.30 6.10

Hangzhou Hik-Vision Digital Technology 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 5.45 5.62 5.88 6.10 6.26

Competitive Comparison of Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Hangzhou Hik-Vision Digital Technology 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.


Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted PS Ratio falls into.



Hangzhou Hik-Vision Digital Technology 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, Hangzhou Hik-Vision Digital Technology 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)
=1.934/114.6694*114.6694
=1.934

Current CPI (Mar. 2024) = 114.6694.

Hangzhou Hik-Vision Digital Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.384 98.200 0.448
201409 0.521 98.900 0.604
201412 0.706 99.000 0.818
201503 0.472 99.900 0.542
201506 0.620 99.500 0.715
201509 0.763 100.500 0.871
201512 0.943 100.600 1.075
201603 0.573 102.200 0.643
201606 0.814 101.400 0.921
201609 0.946 102.400 1.059
201612 1.167 102.600 1.304
201703 0.771 103.200 0.857
201706 1.005 103.100 1.118
201709 1.234 104.100 1.359
201712 1.519 104.500 1.667
201803 1.016 105.300 1.106
201806 1.231 104.900 1.346
201809 1.405 106.600 1.511
201812 1.743 106.500 1.877
201903 1.081 107.700 1.151
201906 1.419 107.700 1.511
201909 1.671 109.800 1.745
201912 1.986 111.200 2.048
202003 1.027 112.300 1.049
202006 1.549 110.400 1.609
202009 1.884 111.700 1.934
202012 2.328 111.500 2.394
202103 1.502 112.662 1.529
202106 2.114 111.769 2.169
202109 2.343 112.215 2.394
202112 2.778 113.108 2.816
202203 1.780 114.335 1.785
202206 2.138 114.558 2.140
202209 2.407 115.339 2.393
202212 2.546 115.116 2.536
202303 1.753 115.116 1.746
202306 2.237 114.558 2.239
202309 2.581 115.339 2.566
202312 3.069 114.669 3.069
202403 1.934 114.669 1.934

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


Hangzhou Hik-Vision Digital Technology Co  (SZSE:002415) 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.

Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.21/6.26
=5.31

* 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 Hangzhou Hik-Vision Digital Technology Co was 21.64. The lowest was 4.94. And the median was 11.59.


Be Aware

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


Hangzhou Hik-Vision Digital Technology Co Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Hangzhou Hik-Vision Digital Technology Co's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Traded in Other Exchanges
N/A
Address
No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Headlines

No Headlines