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China Petrochemical Development (TPE:1314) Cyclically Adjusted Revenue per Share : NT$12.03 (As of Mar. 2024)


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What is China Petrochemical Development 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.

China Petrochemical Development's adjusted revenue per share for the three months ended in Mar. 2024 was NT$2.164. 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 NT$12.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Petrochemical Development's average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% 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 China Petrochemical Development was -3.40% per year. The lowest was -4.30% per year. And the median was -3.85% per year.

As of today (2024-06-07), China Petrochemical Development's current stock price is NT$10.10. China Petrochemical Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$12.03. China Petrochemical Development's Cyclically Adjusted PS Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Petrochemical Development was 1.17. The lowest was 0.46. And the median was 0.76.


China Petrochemical Development Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Petrochemical Development'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.

China Petrochemical Development Cyclically Adjusted Revenue per Share Chart

China Petrochemical Development 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 14.62 13.41 13.27 12.81 12.08

China Petrochemical Development 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 12.69 12.59 12.40 12.08 12.03

Competitive Comparison of China Petrochemical Development's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, China Petrochemical Development'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.


China Petrochemical Development's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Petrochemical Development's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where China Petrochemical Development's Cyclically Adjusted PS Ratio falls into.



China Petrochemical Development 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, China Petrochemical Development'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)
=2.164/131.7762*131.7762
=2.164

Current CPI (Mar. 2024) = 131.7762.

China Petrochemical Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.246 100.560 4.254
201409 3.665 100.428 4.809
201412 2.978 99.070 3.961
201503 2.569 99.621 3.398
201506 3.043 100.684 3.983
201509 2.652 100.392 3.481
201512 1.622 99.792 2.142
201603 2.147 100.470 2.816
201606 2.489 101.688 3.225
201609 3.074 101.861 3.977
201612 2.544 101.863 3.291
201703 3.646 102.862 4.671
201706 3.004 103.349 3.830
201709 3.205 104.136 4.056
201712 3.324 104.011 4.211
201803 3.295 105.290 4.124
201806 3.285 106.317 4.072
201809 3.796 106.507 4.697
201812 3.104 105.998 3.859
201903 2.827 107.251 3.473
201906 2.920 108.070 3.561
201909 2.659 108.329 3.235
201912 1.778 108.420 2.161
202003 1.607 108.902 1.945
202006 1.215 108.767 1.472
202009 1.118 109.815 1.342
202012 1.456 109.897 1.746
202103 2.262 111.754 2.667
202106 2.800 114.631 3.219
202109 2.880 115.734 3.279
202112 2.708 117.630 3.034
202203 1.945 121.301 2.113
202206 2.146 125.017 2.262
202209 1.483 125.227 1.561
202212 1.026 125.222 1.080
202303 1.359 127.348 1.406
202306 1.788 128.729 1.830
202309 1.837 129.860 1.864
202312 1.948 129.419 1.983
202403 2.164 131.776 2.164

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


China Petrochemical Development  (TPE:1314) 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.

China Petrochemical Development's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.10/12.03
=0.84

* 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 China Petrochemical Development was 1.17. The lowest was 0.46. And the median was 0.76.


Be Aware

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


China Petrochemical Development Cyclically Adjusted Revenue per Share Related Terms

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


China Petrochemical Development (TPE:1314) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jingjian Road, Dashe District, Kaohsiung, TWN, 815
China Petrochemical Development Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two reportable segments based on product type: the caprolactam and acrylonitrile and nylon segments. The caprolactam segment, which generates the most revenue of the two segments, involves the sales of textiles, plastic automotive parts, packaging films, conveyor belts, ropes, and fishing lines. The acrylonitrile sell acrylic fibers, a plastic used for home appliance casings and tools, and water treatment products. The products of nylon pellets include fiber nylon pellets and engineering plastic nylon pellets.

China Petrochemical Development (TPE:1314) Headlines

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