GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Steel Chemical Corp (TPE:1723) » Definitions » Cyclically Adjusted Revenue per Share

China Steel Chemical (TPE:1723) Cyclically Adjusted Revenue per Share : NT$37.69 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is China Steel Chemical 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 Steel Chemical's adjusted revenue per share for the three months ended in Mar. 2024 was NT$7.433. 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$37.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Steel Chemical's average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% 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 Steel Chemical was 2.90% per year. The lowest was 1.60% per year. And the median was 2.25% per year.

As of today (2024-06-06), China Steel Chemical's current stock price is NT$109.50. China Steel Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$37.69. China Steel Chemical's Cyclically Adjusted PS Ratio of today is 2.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of China Steel Chemical was 3.78. The lowest was 2.51. And the median was 3.07.


China Steel Chemical Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for China Steel Chemical'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 Steel Chemical Cyclically Adjusted Revenue per Share Chart

China Steel Chemical 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 36.03 34.51 35.60 37.79 37.63

China Steel Chemical 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 38.24 38.28 38.09 37.63 37.69

Competitive Comparison of China Steel Chemical's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, China Steel Chemical'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 Steel Chemical's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



China Steel Chemical 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 Steel Chemical'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)
=7.433/131.7762*131.7762
=7.433

Current CPI (Mar. 2024) = 131.7762.

China Steel Chemical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.413 100.560 13.646
201409 9.962 100.428 13.072
201412 7.821 99.070 10.403
201503 6.857 99.621 9.070
201506 6.860 100.684 8.978
201509 6.012 100.392 7.891
201512 5.030 99.792 6.642
201603 5.279 100.470 6.924
201606 5.764 101.688 7.469
201609 5.640 101.861 7.296
201612 5.452 101.863 7.053
201703 7.263 102.862 9.305
201706 6.534 103.349 8.331
201709 6.747 104.136 8.538
201712 6.358 104.011 8.055
201803 8.666 105.290 10.846
201806 8.718 106.317 10.806
201809 9.952 106.507 12.313
201812 9.499 105.998 11.809
201903 8.676 107.251 10.660
201906 8.052 108.070 9.818
201909 9.308 108.329 11.323
201912 6.436 108.420 7.822
202003 6.870 108.902 8.313
202006 4.917 108.767 5.957
202009 5.022 109.815 6.026
202012 6.249 109.897 7.493
202103 7.180 111.754 8.466
202106 8.428 114.631 9.689
202109 9.879 115.734 11.248
202112 8.874 117.630 9.941
202203 10.206 121.301 11.087
202206 13.935 125.017 14.688
202209 11.233 125.227 11.821
202212 9.580 125.222 10.081
202303 9.761 127.348 10.100
202306 9.855 128.729 10.088
202309 7.902 129.860 8.019
202312 8.215 129.419 8.365
202403 7.433 131.776 7.433

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


China Steel Chemical  (TPE:1723) 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 Steel Chemical's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=109.50/37.69
=2.91

* 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 Steel Chemical was 3.78. The lowest was 2.51. And the median was 3.07.


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 Steel Chemical Cyclically Adjusted Revenue per Share Related Terms

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


China Steel Chemical (TPE:1723) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 88, Chengong 2nd Road, 25th Floor, Qianzhen District, Kaohsiung, TWN
China Steel Chemical Corp is engaged in the production, processing, and sales of coal tar distillation products, Naphtha products, and coke products. Besides, it also trades related upstream and downstream products. The firm operates in three segments. The CSCC/CCSCM segment which derives the majority of revenue engages in the production and marketing of chemical products. EGI/CSCCC segment engages in the trade of chemical products. EWI segment engages in investment holding.

China Steel Chemical (TPE:1723) Headlines

No Headlines