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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Cyclically Adjusted Revenue per Share : ¥5.14 (As of Mar. 2024)


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What is Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.591. 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 ¥5.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wuxi Double Elephant Micro Fibre Material Co's average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Wuxi Double Elephant Micro Fibre Material Co was 8.70% per year. The lowest was 7.00% per year. And the median was 7.10% per year.

As of today (2024-05-28), Wuxi Double Elephant Micro Fibre Material Co's current stock price is ¥17.94. Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.14. Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted PS Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wuxi Double Elephant Micro Fibre Material Co was 5.07. The lowest was 1.62. And the median was 2.71.


Wuxi Double Elephant Micro Fibre Material Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co Cyclically Adjusted Revenue per Share Chart

Wuxi Double Elephant Micro Fibre Material 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 3.84 4.09 4.46 4.71 5.02

Wuxi Double Elephant Micro Fibre Material 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 4.77 4.83 4.96 5.02 5.14

Competitive Comparison of Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted Revenue per Share

For the Footwear & Accessories subindustry, Wuxi Double Elephant Micro Fibre Material 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.


Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted PS Ratio falls into.



Wuxi Double Elephant Micro Fibre Material 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, Wuxi Double Elephant Micro Fibre Material 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)
=1.591/115.2271*115.2271
=1.591

Current CPI (Mar. 2024) = 115.2271.

Wuxi Double Elephant Micro Fibre Material Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.791 98.200 0.928
201409 0.890 98.900 1.037
201412 0.848 99.000 0.987
201503 0.629 99.900 0.726
201506 1.126 99.500 1.304
201509 0.922 100.500 1.057
201512 1.035 100.600 1.185
201603 0.791 102.200 0.892
201606 1.064 101.400 1.209
201609 0.944 102.400 1.062
201612 1.139 102.600 1.279
201703 0.928 103.200 1.036
201706 1.258 103.100 1.406
201709 1.203 104.100 1.332
201712 1.356 104.500 1.495
201803 1.066 105.300 1.166
201806 1.413 104.900 1.552
201809 1.176 106.600 1.271
201812 1.551 106.500 1.678
201903 1.197 107.700 1.281
201906 1.276 107.700 1.365
201909 1.293 109.800 1.357
201912 1.517 111.200 1.572
202003 0.866 112.300 0.889
202006 1.324 110.400 1.382
202009 1.300 111.700 1.341
202012 1.513 111.500 1.564
202103 1.211 112.662 1.239
202106 1.415 111.769 1.459
202109 1.407 112.215 1.445
202112 1.447 113.108 1.474
202203 1.189 114.335 1.198
202206 1.256 114.558 1.263
202209 1.325 115.339 1.324
202212 1.425 115.116 1.426
202303 1.076 115.116 1.077
202306 1.440 114.558 1.448
202309 1.593 115.339 1.591
202312 1.524 114.781 1.530
202403 1.591 115.227 1.591

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


Wuxi Double Elephant Micro Fibre Material Co  (SZSE:002395) 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.

Wuxi Double Elephant Micro Fibre Material Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.94/5.14
=3.49

* 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 Wuxi Double Elephant Micro Fibre Material Co was 5.07. The lowest was 1.62. And the median was 2.71.


Be Aware

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


Wuxi Double Elephant Micro Fibre Material Co Cyclically Adjusted Revenue per Share Related Terms

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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Business Description

Traded in Other Exchanges
N/A
Address
No.188, Houzhai Middle Road, Hongshan Street, Xinwu District, Jiangsu Province, Wuxi, CHN
Wuxi Double Elephant Micro Fibre Material Co Ltd operates in the synthetic leather industry. The company is engaged in the production and supply of PVC artificial leather products. The products of the company include microfiber ultra-real leather, PVC artificial leather, and PU synthetic leather.
Executives
Wang Hao Director
Wang Chun Long Director

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