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Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Cyclically Adjusted Revenue per Share : ¥3.13 (As of Mar. 2024)


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What is Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.803. 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 ¥3.13 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-27), Bichamp Cutting Technology (Hunan) Co's current stock price is ¥17.27. Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.13. Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted PS Ratio of today is 5.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bichamp Cutting Technology (Hunan) Co was 8.54. The lowest was 4.96. And the median was 6.20.


Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bichamp Cutting Technology (Hunan) 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.

Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Revenue per Share Chart

Bichamp Cutting Technology (Hunan) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Bichamp Cutting Technology (Hunan) 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 - - - 3.00 3.13

Competitive Comparison of Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted Revenue per Share

For the Tools & Accessories subindustry, Bichamp Cutting Technology (Hunan) 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.


Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted PS Ratio falls into.



Bichamp Cutting Technology (Hunan) 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, Bichamp Cutting Technology (Hunan) 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)
=1.803/115.2271*115.2271
=1.803

Current CPI (Mar. 2024) = 115.2271.

Bichamp Cutting Technology (Hunan) Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201509 0.370 100.500 0.424
201512 0.325 100.600 0.372
201603 0.364 102.200 0.410
201606 0.413 101.400 0.469
201609 0.394 102.400 0.443
201612 0.403 102.600 0.453
201703 0.370 103.200 0.413
201706 0.358 103.100 0.400
201709 0.386 104.100 0.427
201712 0.317 104.500 0.350
201803 0.437 105.300 0.478
201806 0.429 104.900 0.471
201809 0.411 106.600 0.444
201812 0.437 106.500 0.473
201903 0.535 107.700 0.572
201906 0.498 107.700 0.533
201909 0.494 109.800 0.518
201912 0.402 111.200 0.417
202003 0.448 112.300 0.460
202006 0.427 110.400 0.446
202009 0.527 111.700 0.544
202012 0.536 111.500 0.554
202103 0.683 112.662 0.699
202106 0.589 111.769 0.607
202109 0.649 112.215 0.666
202112 0.650 113.108 0.662
202203 0.685 114.335 0.690
202206 0.695 114.558 0.699
202209 0.765 115.339 0.764
202212 2.411 115.116 2.413
202303 2.064 115.116 2.066
202306 2.440 114.558 2.454
202309 2.104 115.339 2.102
202312 1.669 114.781 1.675
202403 1.803 115.227 1.803

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


Bichamp Cutting Technology (Hunan) Co  (SZSE:002843) 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.

Bichamp Cutting Technology (Hunan) Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.27/3.13
=5.52

* 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 Bichamp Cutting Technology (Hunan) Co was 8.54. The lowest was 4.96. And the median was 6.20.


Be Aware

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


Bichamp Cutting Technology (Hunan) Co Cyclically Adjusted Revenue per Share Related Terms

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Bichamp Cutting Technology (Hunan) Co (SZSE:002843) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Taijia Road, Economic Development Zone, Wangcheng, Hunan Province, Changsha, CHN, 410200
Bichamp Cutting Technology (Hunan) Co Ltd manufactures industrial consumables. The company develops, produces, and sells bimetallic band saw blades, bimetal hacksaw blades, carbide band saw blades, and other related products.
Executives
Wen Ying Supervisors

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