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JA Solar Technology Co (SZSE:002459) Cyclically Adjusted Revenue per Share : ¥10.03 (As of Mar. 2024)


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What is JA Solar 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.

JA Solar Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥4.962. 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 ¥10.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JA Solar Technology Co's average Cyclically Adjusted Revenue Growth Rate was 27.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 33.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 29.40% 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 JA Solar Technology Co was 33.50% per year. The lowest was 25.70% per year. And the median was 28.50% per year.

As of today (2024-05-19), JA Solar Technology Co's current stock price is ¥14.17. JA Solar Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥10.03. JA Solar Technology Co's Cyclically Adjusted PS Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JA Solar Technology Co was 10.90. The lowest was 1.41. And the median was 3.72.


JA Solar Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JA Solar 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.

JA Solar Technology Co Cyclically Adjusted Revenue per Share Chart

JA Solar 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 3.45 4.01 5.14 7.32 9.55

JA Solar 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 7.90 8.39 8.96 9.55 10.03

Competitive Comparison of JA Solar Technology Co's Cyclically Adjusted Revenue per Share

For the Solar subindustry, JA Solar 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.


JA Solar Technology Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JA Solar Technology Co's Cyclically Adjusted PS Ratio falls into.



JA Solar 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, JA Solar 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)
=4.962/115.2271*115.2271
=4.962

Current CPI (Mar. 2024) = 115.2271.

JA Solar Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.159 98.200 0.187
201409 0.162 98.900 0.189
201412 0.641 99.000 0.746
201503 0.042 99.900 0.048
201506 0.098 99.500 0.113
201509 0.091 100.500 0.104
201512 0.195 100.600 0.223
201603 0.143 102.200 0.161
201606 0.057 101.400 0.065
201609 0.101 102.400 0.114
201612 0.109 102.600 0.122
201703 0.059 103.200 0.066
201706 0.088 103.100 0.098
201709 0.116 104.100 0.128
201712 0.258 104.500 0.284
201803 0.105 105.300 0.115
201806 0.133 104.900 0.146
201809 0.084 106.600 0.091
201812 10.325 106.500 11.171
201903 2.135 107.700 2.284
201906 2.565 107.700 2.744
201909 2.489 109.800 2.612
201912 3.594 111.200 3.724
202003 1.746 112.300 1.792
202006 2.371 110.400 2.475
202009 2.210 111.700 2.280
202012 3.024 111.500 3.125
202103 2.263 112.662 2.315
202106 2.915 111.769 3.005
202109 3.195 112.215 3.281
202112 4.747 113.108 4.836
202203 3.874 114.335 3.904
202206 4.982 114.558 5.011
202209 6.359 115.339 6.353
202212 7.039 115.116 7.046
202303 6.187 115.116 6.193
202306 6.123 114.558 6.159
202309 5.386 115.339 5.381
202312 6.615 114.781 6.641
202403 4.962 115.227 4.962

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


JA Solar Technology Co  (SZSE:002459) 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.

JA Solar Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.17/10.03
=1.41

* 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 JA Solar Technology Co was 10.90. The lowest was 1.41. And the median was 3.72.


Be Aware

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


JA Solar Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


JA Solar Technology Co (SZSE:002459) Business Description

Industry
Traded in Other Exchanges
N/A
Address
East Auto Museum Road, Building 8, Noble Center, Fengtai District, Beijing, CHN, 100160
JA Solar Technology Co Ltd is engaged in production and sales of silicon wafers, solar cells and solar cell modules, as well as the development, construction and operation of solar photovoltaic power stations. The company produces monocrystalline silicon rods and monocrystalline silicon wafers; solar cells and modules; research and development of solar products; sales of solar cells, modules and related products and raw materials; solar photovoltaic grid-connected power generation and sales of electricity.

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