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Aluminum of China (SHSE:601600) Cyclically Adjusted Revenue per Share : ¥11.57 (As of Mar. 2024)


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What is Aluminum of China 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.

Aluminum of China's adjusted revenue per share for the three months ended in Mar. 2024 was ¥2.854. 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 ¥11.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aluminum of China's average Cyclically Adjusted Revenue Growth Rate was -2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% 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 Aluminum of China was 14.60% per year. The lowest was 2.00% per year. And the median was 3.50% per year.

As of today (2024-06-06), Aluminum of China's current stock price is ¥7.94. Aluminum of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥11.57. Aluminum of China's Cyclically Adjusted PS Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aluminum of China was 1.12. The lowest was 0.25. And the median was 0.44.


Aluminum of China Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Cyclically Adjusted Revenue per Share Chart

Aluminum of China 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 11.12 10.89 11.32 11.83 11.54

Aluminum of China 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 11.92 11.80 11.79 11.54 11.57

Competitive Comparison of Aluminum of China's Cyclically Adjusted Revenue per Share

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aluminum of China 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, Aluminum of China'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)
=2.854/115.2271*115.2271
=2.854

Current CPI (Mar. 2024) = 115.2271.

Aluminum of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.502 98.200 2.936
201409 2.692 98.900 3.136
201412 2.769 99.000 3.223
201503 2.283 99.900 2.633
201506 2.054 99.500 2.379
201509 1.961 100.500 2.248
201512 1.934 100.600 2.215
201603 1.164 102.200 1.312
201606 0.384 101.400 0.436
201609 1.482 102.400 1.668
201612 2.850 102.600 3.201
201703 2.567 103.200 2.866
201706 3.111 103.100 3.477
201709 3.243 104.100 3.590
201712 2.354 104.500 2.596
201803 2.051 105.300 2.244
201806 2.563 104.900 2.815
201809 2.440 106.600 2.637
201812 2.120 106.500 2.294
201903 2.229 107.700 2.385
201906 2.463 107.700 2.635
201909 1.468 109.800 1.541
201912 1.575 111.200 1.632
202003 2.332 112.300 2.393
202006 2.609 110.400 2.723
202009 2.358 111.700 2.432
202012 2.074 111.500 2.143
202103 2.952 112.662 3.019
202106 3.935 111.769 4.057
202109 4.262 112.215 4.376
202112 5.738 113.108 5.846
202203 4.643 114.335 4.679
202206 4.560 114.558 4.587
202209 3.879 115.339 3.875
202212 3.537 115.116 3.540
202303 3.839 115.116 3.843
202306 3.931 114.558 3.954
202309 3.114 115.339 3.111
202312 2.166 114.781 2.174
202403 2.854 115.227 2.854

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


Aluminum of China  (SHSE:601600) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.94/11.57
=0.69

* 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 Aluminum of China was 1.12. The lowest was 0.25. And the median was 0.44.


Be Aware

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


Aluminum of China Cyclically Adjusted Revenue per Share Related Terms

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Aluminum of China (SHSE:601600) Business Description

Traded in Other Exchanges
Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.
Executives
Jiang Ying Gang Director
Zhao Zhao Supervisors

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