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Shin HsiungNatural Gas (ROCO:8908) Cyclically Adjusted Revenue per Share : NT$27.33 (As of Mar. 2024)


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What is Shin HsiungNatural Gas 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.

Shin HsiungNatural Gas's adjusted revenue per share for the three months ended in Mar. 2024 was NT$6.087. 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$27.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shin HsiungNatural Gas's average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% 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 Shin HsiungNatural Gas was 10.30% per year. The lowest was 8.20% per year. And the median was 9.25% per year.

As of today (2024-06-02), Shin HsiungNatural Gas's current stock price is NT$54.80. Shin HsiungNatural Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$27.33. Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shin HsiungNatural Gas was 2.76. The lowest was 1.35. And the median was 1.96.


Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Chart

Shin HsiungNatural Gas 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 19.56 21.29 24.12 26.28 26.95

Shin HsiungNatural Gas 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 26.57 26.89 27.06 26.95 27.33

Competitive Comparison of Shin HsiungNatural Gas's Cyclically Adjusted Revenue per Share

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio falls into.



Shin HsiungNatural Gas 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, Shin HsiungNatural Gas'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)
=6.087/131.7762*131.7762
=6.087

Current CPI (Mar. 2024) = 131.7762.

Shin HsiungNatural Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.829 100.560 6.328
201409 5.176 100.428 6.792
201412 5.254 99.070 6.989
201503 4.821 99.621 6.377
201506 4.481 100.684 5.865
201509 4.378 100.392 5.747
201512 4.180 99.792 5.520
201603 4.541 100.470 5.956
201606 3.930 101.688 5.093
201609 4.133 101.861 5.347
201612 4.579 101.863 5.924
201703 4.517 102.862 5.787
201706 4.949 103.349 6.310
201709 5.344 104.136 6.762
201712 6.373 104.011 8.074
201803 6.282 105.290 7.862
201806 6.149 106.317 7.621
201809 6.598 106.507 8.163
201812 6.869 105.998 8.540
201903 7.196 107.251 8.842
201906 7.832 108.070 9.550
201909 7.307 108.329 8.889
201912 6.898 108.420 8.384
202003 6.644 108.902 8.040
202006 5.291 108.767 6.410
202009 5.021 109.815 6.025
202012 5.391 109.897 6.464
202103 5.310 111.754 6.261
202106 5.912 114.631 6.796
202109 5.833 115.734 6.642
202112 5.941 117.630 6.655
202203 6.981 121.301 7.584
202206 6.784 125.017 7.151
202209 6.213 125.227 6.538
202212 6.474 125.222 6.813
202303 6.081 127.348 6.292
202306 6.401 128.729 6.553
202309 5.983 129.860 6.071
202312 6.096 129.419 6.207
202403 6.087 131.776 6.087

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


Shin HsiungNatural Gas  (ROCO:8908) 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.

Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=54.80/27.33
=2.01

* 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 Shin HsiungNatural Gas was 2.76. The lowest was 1.35. And the median was 1.96.


Be Aware

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


Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Related Terms

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


Shin HsiungNatural Gas (ROCO:8908) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830
Shin HsiungNatural Gas Inc is a supplier of natural gas. It also Manufactures and rental gas meters. It distributes natural gas to household, industrial, and commercial customers in the Kaohsiung area. It also sells and installs gas equipment.

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