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Sunstone Development Co (SHSE:603612) Cyclically Adjusted Revenue per Share : ¥19.60 (As of Mar. 2024)


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What is Sunstone Development 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.

Sunstone Development Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥5.851. 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 ¥19.60 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), Sunstone Development Co's current stock price is ¥14.36. Sunstone Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥19.60. Sunstone Development Co's Cyclically Adjusted PS Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sunstone Development Co was 0.82. The lowest was 0.65. And the median was 0.73.


Sunstone Development Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sunstone Development 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.

Sunstone Development Co Cyclically Adjusted Revenue per Share Chart

Sunstone Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
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Sunstone Development 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 - - - - 19.60

Competitive Comparison of Sunstone Development Co's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Sunstone Development 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.


Sunstone Development Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Sunstone Development Co's Cyclically Adjusted PS Ratio falls into.



Sunstone Development 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, Sunstone Development 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)
=5.851/115.2271*115.2271
=5.851

Current CPI (Mar. 2024) = 115.2271.

Sunstone Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 1.678 100.600 1.922
201603 1.420 102.200 1.601
201606 1.665 101.400 1.892
201609 2.268 102.400 2.552
201612 2.457 102.600 2.759
201703 2.472 103.200 2.760
201706 3.156 103.100 3.527
201709 3.130 104.100 3.465
201712 2.967 104.500 3.272
201803 2.775 105.300 3.037
201806 3.521 104.900 3.868
201809 1.819 106.600 1.966
201812 2.413 106.500 2.611
201903 2.180 107.700 2.332
201906 3.658 107.700 3.914
201909 3.465 109.800 3.636
201912 4.859 111.200 5.035
202003 3.552 112.300 3.645
202006 4.074 110.400 4.252
202009 4.107 111.700 4.237
202012 4.313 111.500 4.457
202103 3.871 112.662 3.959
202106 5.169 111.769 5.329
202109 5.851 112.215 6.008
202112 6.247 113.108 6.364
202203 6.849 114.335 6.902
202206 10.092 114.558 10.151
202209 12.628 115.339 12.616
202212 12.315 115.116 12.327
202303 9.122 115.116 9.131
202306 8.199 114.558 8.247
202309 7.549 115.339 7.542
202312 5.436 114.781 5.457
202403 5.851 115.227 5.851

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


Sunstone Development Co  (SHSE:603612) 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.

Sunstone Development Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.36/19.6
=0.73

* 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 Sunstone Development Co was 0.82. The lowest was 0.65. And the median was 0.73.


Be Aware

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


Sunstone Development Co Cyclically Adjusted Revenue per Share Related Terms

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


Sunstone Development Co (SHSE:603612) Business Description

Traded in Other Exchanges
N/A
Address
104 National Road North, Hengyuan Economic Development Zone, Shandong Province, Linyi, CHN, 251500
Sunstone Development Co Ltd specializes in the production and marketing of prebaked carbon anodes for the aluminum industry. The company also exports anodes worldwide.
Executives
Yuan Gang senior management
Lang Guang Hui Director
Lang Jing Director
Jing Sheng Yang Director
Liu Rui Director
Huang He Director
Fan Ben Yong Director
Hao Jun Wen Director
Li Jun Director
Li Jian Ning Director
Zhang Xin Hai Director
Wu Jin Zhou senior management
Zhang Zhong Qiu senior management

Sunstone Development Co (SHSE:603612) Headlines

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