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Lancy Co (SZSE:002612) Cyclically Adjusted Revenue per Share : ¥7.44 (As of Mar. 2024)


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What is Lancy 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.

Lancy Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥3.164. 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 ¥7.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lancy Co's average Cyclically Adjusted Revenue Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% 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 Lancy Co was 14.20% per year. The lowest was 12.70% per year. And the median was 13.45% per year.

As of today (2024-05-27), Lancy Co's current stock price is ¥16.83. Lancy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.44. Lancy Co's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lancy Co was 13.03. The lowest was 1.56. And the median was 3.72.


Lancy Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Lancy 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.

Lancy Co Cyclically Adjusted Revenue per Share Chart

Lancy 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 4.51 4.83 5.45 6.46 7.19

Lancy 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 6.63 6.74 7.01 7.19 7.44

Competitive Comparison of Lancy Co's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Lancy 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.


Lancy Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lancy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lancy 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, Lancy 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)
=3.164/115.2271*115.2271
=3.164

Current CPI (Mar. 2024) = 115.2271.

Lancy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.709 98.200 0.832
201409 0.670 98.900 0.781
201412 0.898 99.000 1.045
201503 0.817 99.900 0.942
201506 0.607 99.500 0.703
201509 0.670 100.500 0.768
201512 0.767 100.600 0.879
201603 0.666 102.200 0.751
201606 0.516 101.400 0.586
201609 0.884 102.400 0.995
201612 1.353 102.600 1.520
201703 1.340 103.200 1.496
201706 1.304 103.100 1.457
201709 1.468 104.100 1.625
201712 1.772 104.500 1.954
201803 1.614 105.300 1.766
201806 1.631 104.900 1.792
201809 1.746 106.600 1.887
201812 1.664 106.500 1.800
201903 1.804 107.700 1.930
201906 1.690 107.700 1.808
201909 1.810 109.800 1.899
201912 2.020 111.200 2.093
202003 1.349 112.300 1.384
202006 1.470 110.400 1.534
202009 1.745 111.700 1.800
202012 1.990 111.500 2.057
202103 2.017 112.662 2.063
202106 2.027 111.769 2.090
202109 1.947 112.215 1.999
202112 2.670 113.108 2.720
202203 5.315 114.335 5.356
202206 2.181 114.558 2.194
202209 2.533 115.339 2.531
202212 2.510 115.116 2.512
202303 2.839 115.116 2.842
202306 2.388 114.558 2.402
202309 3.120 115.339 3.117
202312 3.282 114.781 3.295
202403 3.164 115.227 3.164

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


Lancy Co  (SZSE:002612) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.83/7.44
=2.26

* 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 Lancy Co was 13.03. The lowest was 1.56. 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.


Lancy Co Cyclically Adjusted Revenue per Share Related Terms

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


Lancy Co (SZSE:002612) Business Description

Traded in Other Exchanges
N/A
Address
Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022
Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.
Executives
Li Chun Xian Directors, executives
Shen Dong Ri Director
Shen Jin Hua Directors, executives
Zhang Han Directors, executives
Chang Jing Executives

Lancy Co (SZSE:002612) Headlines

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