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ASE Technology Holding Co (ASE Technology Holding Co) Cyclically Adjusted Revenue per Share : $8.08 (As of Mar. 2024)


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What is ASE Technology Holding 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.

ASE Technology Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was $1.919. 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 $8.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ASE Technology Holding Co's average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% 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 ASE Technology Holding Co was 14.40% per year. The lowest was 10.60% per year. And the median was 12.85% per year.

As of today (2024-05-14), ASE Technology Holding Co's current stock price is $10.49. ASE Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.08. ASE Technology Holding Co's Cyclically Adjusted PS Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASE Technology Holding Co was 2.34. The lowest was 0.74. And the median was 1.36.


ASE Technology Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ASE Technology Holding 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.

ASE Technology Holding Co Cyclically Adjusted Revenue per Share Chart

ASE Technology Holding 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 4.68 5.47 6.55 6.99 7.96

ASE Technology Holding 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 7.64 7.78 7.76 7.96 8.08

Competitive Comparison of ASE Technology Holding Co's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, ASE Technology Holding 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.


ASE Technology Holding Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASE Technology Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ASE Technology Holding Co's Cyclically Adjusted PS Ratio falls into.



ASE Technology Holding 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, ASE Technology Holding 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)
=1.919/129.4194*129.4194
=1.919

Current CPI (Mar. 2024) = 129.4194.

ASE Technology Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.998 100.560 1.284
201409 1.079 100.428 1.390
201412 1.194 99.070 1.560
201503 1.046 99.621 1.359
201506 1.115 100.684 1.433
201509 1.084 100.392 1.397
201512 1.175 99.792 1.524
201603 0.923 100.470 1.189
201606 0.941 101.688 1.198
201609 1.122 101.861 1.426
201612 1.168 101.863 1.484
201703 1.095 102.862 1.378
201706 1.014 103.349 1.270
201709 1.137 104.136 1.413
201712 1.299 104.011 1.616
201803 1.026 105.290 1.261
201806 1.321 106.317 1.608
201809 1.646 106.507 2.000
201812 1.741 105.998 2.126
201903 1.353 107.251 1.633
201906 1.358 108.070 1.626
201909 1.775 108.329 2.121
201912 1.771 108.420 2.114
202003 1.510 108.902 1.794
202006 1.697 108.767 2.019
202009 1.971 109.815 2.323
202012 2.458 109.897 2.895
202103 1.940 111.754 2.247
202106 2.095 114.631 2.365
202109 2.487 115.734 2.781
202112 2.870 117.630 3.158
202203 2.340 121.301 2.497
202206 2.478 125.017 2.565
202209 2.758 125.227 2.850
202212 2.764 125.222 2.857
202303 1.977 127.348 2.009
202306 2.035 128.729 2.046
202309 2.213 129.860 2.206
202312 2.361 129.419 2.361
202403 1.919 129.419 1.919

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


ASE Technology Holding Co  (NYSE:ASX) 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.

ASE Technology Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.49/8.08
=1.30

* 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 ASE Technology Holding Co was 2.34. The lowest was 0.74. And the median was 1.36.


Be Aware

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


ASE Technology Holding Co Cyclically Adjusted Revenue per Share Related Terms

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


ASE Technology Holding Co (ASE Technology Holding Co) Business Description

Industry
Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.

ASE Technology Holding Co (ASE Technology Holding Co) Headlines