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Jinan Acetate Chemical Co (TPE:4763) Cyclically Adjusted Revenue per Share : NT$47.15 (As of Mar. 2024)


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What is Jinan Acetate Chemical 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.

Jinan Acetate Chemical Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$42.030. 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$47.15 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 (2024-06-02), Jinan Acetate Chemical Co's current stock price is NT$827.00. Jinan Acetate Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$47.15. Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio of today is 17.54.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Jinan Acetate Chemical Co was 30.39. The lowest was 16.20. And the median was 19.99.


Jinan Acetate Chemical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Jinan Acetate Chemical 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.

Jinan Acetate Chemical Co Cyclically Adjusted Revenue per Share Chart

Jinan Acetate Chemical 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 - - - - 43.71

Jinan Acetate Chemical 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 - - 40.15 43.71 47.15

Competitive Comparison of Jinan Acetate Chemical Co's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Jinan Acetate Chemical 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.


Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Jinan Acetate Chemical 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, Jinan Acetate Chemical 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)
=42.03/115.2271*115.2271
=42.030

Current CPI (Mar. 2024) = 115.2271.

Jinan Acetate Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 6.532 99.000 7.603
201503 5.746 99.900 6.628
201506 6.384 99.500 7.393
201509 5.911 100.500 6.777
201512 5.372 100.600 6.153
201603 5.936 102.200 6.693
201606 5.909 101.400 6.715
201609 5.665 102.400 6.375
201612 5.651 102.600 6.346
201703 5.739 103.200 6.408
201706 5.045 103.100 5.638
201709 6.167 104.100 6.826
201712 8.512 104.500 9.386
201803 5.978 105.300 6.542
201806 6.080 104.900 6.679
201809 6.156 106.600 6.654
201812 6.435 106.500 6.962
201903 6.334 107.700 6.777
201906 8.107 107.700 8.674
201909 8.297 109.800 8.707
201912 7.010 111.200 7.264
202003 7.241 112.300 7.430
202006 8.105 110.400 8.459
202009 9.272 111.700 9.565
202012 9.189 111.500 9.496
202103 9.431 112.662 9.646
202106 10.074 111.769 10.386
202109 9.599 112.215 9.857
202112 9.864 113.108 10.049
202203 10.516 114.335 10.598
202206 14.901 114.558 14.988
202209 14.928 115.339 14.914
202212 16.268 115.116 16.284
202303 19.140 115.116 19.159
202306 28.630 114.558 28.797
202309 34.221 115.339 34.188
202312 44.664 114.781 44.838
202403 42.030 115.227 42.030

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


Jinan Acetate Chemical Co  (TPE:4763) 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.

Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=827.00/47.15
=17.54

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Jinan Acetate Chemical Co was 30.39. The lowest was 16.20. And the median was 19.99.


Be Aware

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


Jinan Acetate Chemical Co Cyclically Adjusted Revenue per Share Related Terms

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


Jinan Acetate Chemical Co (TPE:4763) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.7 of Taixing East Street, Jiyang County, Shandong Province, Jinan, CHN
Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Asia and also has a presence in America, Africa, and Other Countries.

Jinan Acetate Chemical Co (TPE:4763) Headlines

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