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Wuliangye Yibin Co (SZSE:000858) Cyclically Adjusted Revenue per Share : ¥13.38 (As of Mar. 2024)


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What is Wuliangye Yibin 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.

Wuliangye Yibin Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥8.973. 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 ¥13.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wuliangye Yibin Co's average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.70% 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 Wuliangye Yibin Co was 17.20% per year. The lowest was 9.20% per year. And the median was 12.40% per year.

As of today (2024-05-04), Wuliangye Yibin Co's current stock price is ¥150.43. Wuliangye Yibin Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥13.38. Wuliangye Yibin Co's Cyclically Adjusted PS Ratio of today is 11.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wuliangye Yibin Co was 38.44. The lowest was 3.64. And the median was 11.38.


Wuliangye Yibin Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wuliangye Yibin 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.

Wuliangye Yibin Co Cyclically Adjusted Revenue per Share Chart

Wuliangye Yibin 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 7.99 8.96 10.15 11.36 12.69

Wuliangye Yibin 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 11.89 11.99 12.40 12.69 13.38

Competitive Comparison of Wuliangye Yibin Co's Cyclically Adjusted Revenue per Share

For the Beverages - Wineries & Distilleries subindustry, Wuliangye Yibin 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.


Wuliangye Yibin Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wuliangye Yibin Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wuliangye Yibin 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, Wuliangye Yibin 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)
=8.973/114.6694*114.6694
=8.973

Current CPI (Mar. 2024) = 114.6694.

Wuliangye Yibin Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.301 98.200 1.519
201409 0.898 98.900 1.041
201412 1.565 99.000 1.813
201503 1.775 99.900 2.037
201506 1.181 99.500 1.361
201509 1.032 100.500 1.178
201512 1.718 100.600 1.958
201603 2.326 102.200 2.610
201606 1.167 101.400 1.320
201609 1.171 102.400 1.311
201612 1.801 102.600 2.013
201703 2.677 103.200 2.975
201706 1.439 103.100 1.600
201709 1.674 104.100 1.844
201712 2.160 104.500 2.370
201803 3.662 105.300 3.988
201806 1.952 104.900 2.134
201809 2.016 106.600 2.169
201812 2.779 106.500 2.992
201903 4.531 107.700 4.824
201906 2.463 107.700 2.622
201909 2.562 109.800 2.676
201912 3.351 111.200 3.456
202003 5.214 112.300 5.324
202006 2.713 110.400 2.818
202009 3.022 111.700 3.102
202012 3.821 111.500 3.930
202103 6.267 112.662 6.379
202106 3.202 111.769 3.285
202109 3.341 112.215 3.414
202112 4.249 113.108 4.308
202203 7.096 114.335 7.117
202206 3.523 114.558 3.526
202209 3.750 115.339 3.728
202212 4.687 115.116 4.669
202303 8.022 115.116 7.991
202306 3.701 114.558 3.705
202309 4.387 115.339 4.362
202312 5.343 114.669 5.343
202403 8.973 114.669 8.973

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


Wuliangye Yibin Co  (SZSE:000858) 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.

Wuliangye Yibin Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=150.43/13.38
=11.24

* 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 Wuliangye Yibin Co was 38.44. The lowest was 3.64. And the median was 11.38.


Be Aware

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


Wuliangye Yibin Co Cyclically Adjusted Revenue per Share Related Terms

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Wuliangye Yibin Co (SZSE:000858) Business Description

Traded in Other Exchanges
N/A
Address
No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007
Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

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