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Metro Land (SHSE:600683) Cyclically Adjusted Revenue per Share : ¥7.94 (As of Mar. 2024)


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What is Metro Land 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.

Metro Land's adjusted revenue per share for the three months ended in Mar. 2024 was ¥0.714. 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 ¥7.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Metro Land's average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.20% 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 Metro Land was 25.50% per year. The lowest was -1.80% per year. And the median was 9.80% per year.

As of today (2024-06-05), Metro Land's current stock price is ¥3.96. Metro Land's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥7.94. Metro Land's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Metro Land was 6.88. The lowest was 0.47. And the median was 1.00.


Metro Land Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Metro Land'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.

Metro Land Cyclically Adjusted Revenue per Share Chart

Metro Land 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 5.76 6.84 7.23 7.62 7.84

Metro Land 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 7.77 7.77 7.84 7.84 7.94

Competitive Comparison of Metro Land's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Metro Land'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.


Metro Land's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Metro Land's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Metro Land's Cyclically Adjusted PS Ratio falls into.



Metro Land 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, Metro Land'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)
=0.714/115.2271*115.2271
=0.714

Current CPI (Mar. 2024) = 115.2271.

Metro Land Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.106 98.200 0.124
201409 0.128 98.900 0.149
201412 2.902 99.000 3.378
201503 0.075 99.900 0.087
201506 0.762 99.500 0.882
201509 2.287 100.500 2.622
201512 9.415 100.600 10.784
201603 1.390 102.200 1.567
201606 0.423 101.400 0.481
201609 0.269 102.400 0.303
201612 5.719 102.600 6.423
201703 0.217 103.200 0.242
201706 2.522 103.100 2.819
201709 0.197 104.100 0.218
201712 3.697 104.500 4.077
201803 1.365 105.300 1.494
201806 1.405 104.900 1.543
201809 0.150 106.600 0.162
201812 7.616 106.500 8.240
201903 1.173 107.700 1.255
201906 0.395 107.700 0.423
201909 0.170 109.800 0.178
201912 3.667 111.200 3.800
202003 1.287 112.300 1.321
202006 1.273 110.400 1.329
202009 4.020 111.700 4.147
202012 6.508 111.500 6.726
202103 1.279 112.662 1.308
202106 0.187 111.769 0.193
202109 2.341 112.215 2.404
202112 1.547 113.108 1.576
202203 0.318 114.335 0.320
202206 0.110 114.558 0.111
202209 0.011 115.339 0.011
202212 4.251 115.116 4.255
202303 1.549 115.116 1.551
202306 0.766 114.558 0.770
202309 0.372 115.339 0.372
202312 1.007 114.781 1.011
202403 0.714 115.227 0.714

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


Metro Land  (SHSE:600683) 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.

Metro Land's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.96/7.94
=0.50

* 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 Metro Land was 6.88. The lowest was 0.47. And the median was 1.00.


Be Aware

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


Metro Land Cyclically Adjusted Revenue per Share Related Terms

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


Metro Land (SHSE:600683) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022
Metro Land Corp Ltd is a real estate company.
Executives
Cheng Shao Liang Director
Yang Da Yong Director

Metro Land (SHSE:600683) Headlines

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