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Fulin Precision Co (SZSE:300432) Cyclically Adjusted Revenue per Share : ¥2.79 (As of Mar. 2024)


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What is Fulin Precision 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.

Fulin Precision Co's adjusted revenue per share for the three months ended in Mar. 2024 was ¥1.225. 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 ¥2.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fulin Precision Co's average Cyclically Adjusted Revenue Growth Rate was 13.00% 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.

As of today (2024-06-10), Fulin Precision Co's current stock price is ¥6.90. Fulin Precision Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.79. Fulin Precision Co's Cyclically Adjusted PS Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fulin Precision Co was 5.65. The lowest was 2.42. And the median was 4.00.


Fulin Precision Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fulin Precision 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.

Fulin Precision Co Cyclically Adjusted Revenue per Share Chart

Fulin Precision 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 - - - - 2.69

Fulin Precision 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 2.47 2.53 2.64 2.69 2.79

Competitive Comparison of Fulin Precision Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Fulin Precision 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.


Fulin Precision Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fulin Precision Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fulin Precision 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, Fulin Precision 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)
=1.225/115.2271*115.2271
=1.225

Current CPI (Mar. 2024) = 115.2271.

Fulin Precision Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.239 98.200 0.280
201409 0.677 98.900 0.789
201412 0.971 99.000 1.130
201503 0.884 99.900 1.020
201506 0.777 99.500 0.900
201509 0.197 100.500 0.226
201512 0.312 100.600 0.357
201603 0.262 102.200 0.295
201606 0.334 101.400 0.380
201609 0.293 102.400 0.330
201612 0.384 102.600 0.431
201703 0.358 103.200 0.400
201706 0.492 103.100 0.550
201709 0.410 104.100 0.454
201712 0.535 104.500 0.590
201803 0.223 105.300 0.244
201806 0.279 104.900 0.306
201809 0.308 106.600 0.333
201812 0.341 106.500 0.369
201903 0.263 107.700 0.281
201906 0.468 107.700 0.501
201909 0.487 109.800 0.511
201912 0.394 111.200 0.408
202003 0.284 112.300 0.291
202006 0.390 110.400 0.407
202009 0.429 111.700 0.443
202012 0.569 111.500 0.588
202103 0.478 112.662 0.489
202106 0.731 111.769 0.754
202109 0.852 112.215 0.875
202112 0.834 113.108 0.850
202203 2.241 114.335 2.258
202206 0.638 114.558 0.642
202209 1.136 115.339 1.135
202212 2.178 115.116 2.180
202303 0.607 115.116 0.608
202306 1.281 114.558 1.288
202309 1.518 115.339 1.517
202312 1.292 114.781 1.297
202403 1.225 115.227 1.225

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


Fulin Precision Co  (SZSE:300432) 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.

Fulin Precision Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=6.90/2.79
=2.47

* 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 Fulin Precision Co was 5.65. The lowest was 2.42. And the median was 4.00.


Be Aware

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


Fulin Precision Co Cyclically Adjusted Revenue per Share Related Terms

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


Fulin Precision Co (SZSE:300432) Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Fenghuang Middle Road, High-end Equipment Manufacturing Industrial Park, Sichuan Province, Mianyang, CHN, 621000
Fulin Precision Co Ltd is engaged in research and development, manufacturing and sales of automotive engine parts. Its product portfolio includes Hydraulic Tappet, Mechanical Valve Tappet, Hydraulic Tensioner, Rocker Arm, Nozzle, Variable Valve Actuation System, Direct Injection System (high-pressure pump Tappet, GDI Housing), precise components of Automatic Transmission and Fuel Injector.
Executives
Yang Yu Directors, executives
Li Peng Cheng Secretary, Director
Teng Ming Bo Director
Nie Dan Director
Tan Jian Wei Director
Peng Jian Sheng Directors, executives
Lu Qi Yong Director
Peng Shu Directors, executives
Lai Tong Bin Supervisors
Luo Tai Ping Independent director

Fulin Precision Co (SZSE:300432) Headlines

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