GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Topower Co Ltd (ROCO:3226) » Definitions » Cyclically Adjusted Revenue per Share

Topower Co (ROCO:3226) Cyclically Adjusted Revenue per Share : NT$33.86 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Topower 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.

Topower Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$8.792. 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 NT$33.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Topower Co's average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Topower Co was 21.10% per year. The lowest was 18.00% per year. And the median was 19.55% per year.

As of today (2024-06-09), Topower Co's current stock price is NT$55.50. Topower Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$33.86. Topower Co's Cyclically Adjusted PS Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Topower Co was 3.58. The lowest was 1.61. And the median was 2.52.


Topower Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Topower 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.

Topower Co Cyclically Adjusted Revenue per Share Chart

Topower 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 16.74 19.96 25.23 29.76 32.76

Topower 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 30.62 31.55 32.34 32.76 33.86

Competitive Comparison of Topower Co's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Topower 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.


Topower Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Topower Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Topower 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, Topower 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)
=8.792/131.7762*131.7762
=8.792

Current CPI (Mar. 2024) = 131.7762.

Topower Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.006 100.560 5.250
201409 3.390 100.428 4.448
201412 3.209 99.070 4.268
201503 3.745 99.621 4.954
201506 4.529 100.684 5.928
201509 4.051 100.392 5.317
201512 4.762 99.792 6.288
201603 5.133 100.470 6.732
201606 4.428 101.688 5.738
201609 4.611 101.861 5.965
201612 5.574 101.863 7.211
201703 5.037 102.862 6.453
201706 4.654 103.349 5.934
201709 4.875 104.136 6.169
201712 6.993 104.011 8.860
201803 5.956 105.290 7.454
201806 6.456 106.317 8.002
201809 7.152 106.507 8.849
201812 7.775 105.998 9.666
201903 7.799 107.251 9.582
201906 7.369 108.070 8.986
201909 7.061 108.329 8.589
201912 7.734 108.420 9.400
202003 8.342 108.902 10.094
202006 7.116 108.767 8.621
202009 11.304 109.815 13.565
202012 11.890 109.897 14.257
202103 10.132 111.754 11.947
202106 12.453 114.631 14.316
202109 11.792 115.734 13.426
202112 10.965 117.630 12.284
202203 10.517 121.301 11.425
202206 11.397 125.017 12.013
202209 7.110 125.227 7.482
202212 5.741 125.222 6.041
202303 6.409 127.348 6.632
202306 9.207 128.729 9.425
202309 9.138 129.860 9.273
202312 8.766 129.419 8.926
202403 8.792 131.776 8.792

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


Topower Co  (ROCO:3226) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=55.50/33.86
=1.64

* 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 Topower Co was 3.58. The lowest was 1.61. And the median was 2.52.


Be Aware

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


Topower Co Cyclically Adjusted Revenue per Share Related Terms

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


Topower Co (ROCO:3226) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.75, Huangong Road, Yongkang District, Tainan, TWN, 71041
Topower Co Ltd is a Taiwan-based company that manufactures switching mode power supply products. The company also engaged in developing auto lamps and accessories including headlights, rear lights, driving lights, fog lights, DRL, work lights, stop lights, front position lights, and warning lights. Its product offerings include auto parts, power supply products, led products, and auto lamps.

Topower Co (ROCO:3226) Headlines

No Headlines