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Ideal Bike (ROCO:8933) Cyclically Adjusted Revenue per Share : NT$33.57 (As of Mar. 2024)


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What is Ideal Bike 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.

Ideal Bike's adjusted revenue per share for the three months ended in Mar. 2024 was NT$2.059. 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$33.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ideal Bike's average Cyclically Adjusted Revenue Growth Rate was -8.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.90% 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 Ideal Bike was -5.90% per year. The lowest was -5.90% per year. And the median was -5.90% per year.

As of today (2024-06-10), Ideal Bike's current stock price is NT$10.00. Ideal Bike's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$33.57. Ideal Bike's Cyclically Adjusted PS Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ideal Bike was 0.57. The lowest was 0.08. And the median was 0.29.


Ideal Bike Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ideal Bike'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.

Ideal Bike Cyclically Adjusted Revenue per Share Chart

Ideal Bike 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 44.76 40.87 39.14 37.35 34.06

Ideal Bike 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 36.84 36.29 35.66 34.06 33.57

Competitive Comparison of Ideal Bike's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ideal Bike 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, Ideal Bike'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)
=2.059/131.7762*131.7762
=2.059

Current CPI (Mar. 2024) = 131.7762.

Ideal Bike Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.715 100.560 11.420
201409 8.625 100.428 11.317
201412 11.216 99.070 14.919
201503 12.167 99.621 16.094
201506 10.756 100.684 14.078
201509 13.909 100.392 18.257
201512 13.367 99.792 17.651
201603 9.765 100.470 12.808
201606 8.559 101.688 11.091
201609 10.333 101.861 13.368
201612 9.309 101.863 12.043
201703 7.985 102.862 10.230
201706 9.363 103.349 11.938
201709 9.790 104.136 12.389
201712 12.018 104.011 15.226
201803 8.506 105.290 10.646
201806 7.946 106.317 9.849
201809 6.643 106.507 8.219
201812 6.154 105.998 7.651
201903 3.585 107.251 4.405
201906 5.705 108.070 6.956
201909 6.210 108.329 7.554
201912 5.404 108.420 6.568
202003 3.200 108.902 3.872
202006 4.098 108.767 4.965
202009 4.923 109.815 5.908
202012 4.040 109.897 4.844
202103 3.610 111.754 4.257
202106 3.526 114.631 4.053
202109 3.993 115.734 4.546
202112 4.554 117.630 5.102
202203 3.705 121.301 4.025
202206 4.232 125.017 4.461
202209 5.558 125.227 5.849
202212 4.813 125.222 5.065
202303 3.423 127.348 3.542
202306 3.356 128.729 3.435
202309 3.606 129.860 3.659
202312 1.397 129.419 1.422
202403 2.059 131.776 2.059

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


Ideal Bike  (ROCO:8933) 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.

Ideal Bike's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.00/33.57
=0.30

* 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 Ideal Bike was 0.57. The lowest was 0.08. And the median was 0.29.


Be Aware

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


Ideal Bike Cyclically Adjusted Revenue per Share Related Terms

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


Ideal Bike (ROCO:8933) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments.

Ideal Bike (ROCO:8933) Headlines

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