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Liuzhou Iron & Steel Co (SHSE:601003) Cyclically Adjusted Revenue per Share : ¥22.65 (As of Sep. 2024)


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What is Liuzhou Iron & Steel 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.

Liuzhou Iron & Steel Co's adjusted revenue per share for the three months ended in Sep. 2024 was ¥6.724. 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 ¥22.65 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Liuzhou Iron & Steel Co's average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% 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 Liuzhou Iron & Steel Co was 8.80% per year. The lowest was 3.20% per year. And the median was 6.60% per year.

As of today (2024-12-04), Liuzhou Iron & Steel Co's current stock price is ¥3.05. Liuzhou Iron & Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ¥22.65. Liuzhou Iron & Steel Co's Cyclically Adjusted PS Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Liuzhou Iron & Steel Co was 0.68. The lowest was 0.11. And the median was 0.30.


Liuzhou Iron & Steel Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Liuzhou Iron & Steel 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.

Liuzhou Iron & Steel Co Cyclically Adjusted Revenue per Share Chart

Liuzhou Iron & Steel 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 16.64 16.97 18.79 20.50 21.84

Liuzhou Iron & Steel Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.52 21.84 22.04 22.19 22.65

Competitive Comparison of Liuzhou Iron & Steel Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Liuzhou Iron & Steel 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.


Liuzhou Iron & Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liuzhou Iron & Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Liuzhou Iron & Steel Co's Cyclically Adjusted PS Ratio falls into.



Liuzhou Iron & Steel 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, Liuzhou Iron & Steel Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.724/115.7848*115.7848
=6.724

Current CPI (Sep. 2024) = 115.7848.

Liuzhou Iron & Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.269 99.000 3.823
201503 2.571 99.900 2.980
201506 2.599 99.500 3.024
201509 2.428 100.500 2.797
201512 2.512 100.600 2.891
201603 2.392 102.200 2.710
201606 2.397 101.400 2.737
201609 2.473 102.400 2.796
201612 3.130 102.600 3.532
201703 3.531 103.200 3.962
201706 3.921 103.100 4.403
201709 4.223 104.100 4.697
201712 4.540 104.500 5.030
201803 4.429 105.300 4.870
201806 4.382 104.900 4.837
201809 4.631 106.600 5.030
201812 5.032 106.500 5.471
201903 4.003 107.700 4.303
201906 4.924 107.700 5.294
201909 4.779 109.800 5.039
201912 5.177 111.200 5.390
202003 3.900 112.300 4.021
202006 4.998 110.400 5.242
202009 5.528 111.700 5.730
202012 6.993 111.500 7.262
202103 6.899 112.662 7.090
202106 9.028 111.769 9.352
202109 9.822 112.215 10.134
202112 10.097 113.108 10.336
202203 8.973 114.335 9.087
202206 8.469 114.558 8.560
202209 6.841 115.339 6.867
202212 7.068 115.116 7.109
202303 6.390 115.116 6.427
202306 9.531 114.558 9.633
202309 6.687 115.339 6.713
202312 8.565 114.781 8.640
202403 5.331 115.227 5.357
202406 6.589 114.781 6.647
202409 6.724 115.785 6.724

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


Liuzhou Iron & Steel Co  (SHSE:601003) 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.

Liuzhou Iron & Steel Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.05/22.65
=0.13

* 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 Liuzhou Iron & Steel Co was 0.68. The lowest was 0.11. And the median was 0.30.


Be Aware

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


Liuzhou Iron & Steel Co Cyclically Adjusted Revenue per Share Related Terms

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Liuzhou Iron & Steel Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 117 Beique Road, Liuzhou, Guangxi, CHN, 545002
Liuzhou Iron & Steel Co Ltd is a China-based steel company. It is engaged in the manufacturing of iron and steel. The company specializes in producing value-added plate, rebar, wire, channel steel, round steel, angle steel, ship plate, boilerplate and die steel. The company also exports its products to Asia, Japan, South Korea and Europe.
Executives
Xiong Xiao Ming Directors, senior managers
Wang Wen Hui Director
Ruan Zhi Yong Supervisors
Luo Hai Yan Director

Liuzhou Iron & Steel Co Headlines

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