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Hisense Visual Technology Co (SHSE:600060) Cyclically Adjusted Revenue per Share : ¥31.19 (As of Mar. 2024)


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What is Hisense Visual Technology 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.

Hisense Visual Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥9.715. 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 ¥31.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hisense Visual Technology Co's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Hisense Visual Technology Co was 12.70% per year. The lowest was 5.30% per year. And the median was 6.90% per year.

As of today (2024-06-08), Hisense Visual Technology Co's current stock price is ¥28.50. Hisense Visual Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥31.19. Hisense Visual Technology Co's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hisense Visual Technology Co was 1.86. The lowest was 0.31. And the median was 0.65.


Hisense Visual Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hisense Visual Technology 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.

Hisense Visual Technology Co Cyclically Adjusted Revenue per Share Chart

Hisense Visual Technology 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 24.86 25.84 27.59 29.24 30.72

Hisense Visual Technology 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 29.49 29.77 30.46 30.72 31.19

Competitive Comparison of Hisense Visual Technology Co's Cyclically Adjusted Revenue per Share

For the Consumer Electronics subindustry, Hisense Visual Technology 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.


Hisense Visual Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hisense Visual Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hisense Visual Technology 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, Hisense Visual Technology 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)
=9.715/115.2271*115.2271
=9.715

Current CPI (Mar. 2024) = 115.2271.

Hisense Visual Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.846 98.200 5.686
201409 5.987 98.900 6.975
201412 6.036 99.000 7.025
201503 5.751 99.900 6.633
201506 4.954 99.500 5.737
201509 6.199 100.500 7.107
201512 6.215 100.600 7.119
201603 5.451 102.200 6.146
201606 4.700 101.400 5.341
201609 6.720 102.400 7.562
201612 7.366 102.600 8.273
201703 5.115 103.200 5.711
201706 5.265 103.100 5.884
201709 7.801 104.100 8.635
201712 7.035 104.500 7.757
201803 5.981 105.300 6.545
201806 4.743 104.900 5.210
201809 7.107 106.600 7.682
201812 8.279 106.500 8.957
201903 5.691 107.700 6.089
201906 5.973 107.700 6.390
201909 6.539 109.800 6.862
201912 8.419 111.200 8.724
202003 5.267 112.300 5.404
202006 6.877 110.400 7.178
202009 8.842 111.700 9.121
202012 8.886 111.500 9.183
202103 8.185 112.662 8.371
202106 7.848 111.769 8.091
202109 9.996 112.215 10.264
202112 9.647 113.108 9.828
202203 7.846 114.335 7.907
202206 7.648 114.558 7.693
202209 8.958 115.339 8.949
202212 10.593 115.116 10.603
202303 8.788 115.116 8.797
202306 10.288 114.558 10.348
202309 11.288 115.339 11.277
202312 11.083 114.781 11.126
202403 9.715 115.227 9.715

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


Hisense Visual Technology Co  (SHSE:600060) 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.

Hisense Visual Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.50/31.19
=0.91

* 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 Hisense Visual Technology Co was 1.86. The lowest was 0.31. And the median was 0.65.


Be Aware

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


Hisense Visual Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


Hisense Visual Technology Co (SHSE:600060) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.218, Qian Wangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
Executives
Li Jia senior management
Yu Zhi Tao Directors, senior managers
Liu Sha Sha senior management
Cheng Kai Xun Director
Wu Hai Yan senior management
Lin Lan Director
Dai Hui Zhong Director
Zhou Hou Jian Director
Xia Feng senior management
Liu Jiang Yan senior management
Tian Ye Director
Yu Shu Min Director
Liu Hong Xin Director
Mi Liang Yuan senior management
Liu Xin senior management

Hisense Visual Technology Co (SHSE:600060) Headlines

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