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Shinkong Synthetic Fiber (TPE:1409) Cyclically Adjusted Revenue per Share : NT$28.34 (As of Mar. 2024)


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What is Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber's adjusted revenue per share for the three months ended in Mar. 2024 was NT$6.482. 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$28.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shinkong Synthetic Fiber's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Shinkong Synthetic Fiber was 4.40% per year. The lowest was 3.50% per year. And the median was 3.95% per year.

As of today (2024-05-25), Shinkong Synthetic Fiber's current stock price is NT$16.40. Shinkong Synthetic Fiber's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$28.34. Shinkong Synthetic Fiber's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shinkong Synthetic Fiber was 0.97. The lowest was 0.38. And the median was 0.58.


Shinkong Synthetic Fiber Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Cyclically Adjusted Revenue per Share Chart

Shinkong Synthetic Fiber 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 24.89 24.53 26.16 27.61 27.90

Shinkong Synthetic Fiber 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 27.95 27.95 28.02 27.90 28.34

Competitive Comparison of Shinkong Synthetic Fiber's Cyclically Adjusted Revenue per Share

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shinkong Synthetic Fiber's Cyclically Adjusted PS Ratio falls into.



Shinkong Synthetic Fiber 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, Shinkong Synthetic Fiber'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)
=6.482/131.7762*131.7762
=6.482

Current CPI (Mar. 2024) = 131.7762.

Shinkong Synthetic Fiber Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.365 100.560 8.341
201409 6.315 100.428 8.286
201412 6.739 99.070 8.964
201503 5.439 99.621 7.195
201506 5.956 100.684 7.795
201509 5.468 100.392 7.177
201512 5.472 99.792 7.226
201603 5.150 100.470 6.755
201606 4.947 101.688 6.411
201609 5.232 101.861 6.769
201612 5.304 101.863 6.862
201703 5.375 102.862 6.886
201706 5.441 103.349 6.938
201709 5.641 104.136 7.138
201712 5.783 104.011 7.327
201803 5.700 105.290 7.134
201806 6.857 106.317 8.499
201809 6.984 106.507 8.641
201812 6.258 105.998 7.780
201903 5.693 107.251 6.995
201906 5.812 108.070 7.087
201909 5.436 108.329 6.613
201912 4.540 108.420 5.518
202003 4.699 108.902 5.686
202006 4.355 108.767 5.276
202009 4.859 109.815 5.831
202012 5.810 109.897 6.967
202103 6.114 111.754 7.209
202106 6.754 114.631 7.764
202109 7.010 115.734 7.982
202112 7.135 117.630 7.993
202203 7.508 121.301 8.156
202206 7.379 125.017 7.778
202209 7.110 125.227 7.482
202212 5.743 125.222 6.044
202303 5.581 127.348 5.775
202306 5.652 128.729 5.786
202309 6.454 129.860 6.549
202312 6.179 129.419 6.292
202403 6.482 131.776 6.482

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


Shinkong Synthetic Fiber  (TPE:1409) 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.

Shinkong Synthetic Fiber's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.40/28.34
=0.58

* 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 Shinkong Synthetic Fiber was 0.97. The lowest was 0.38. And the median was 0.58.


Be Aware

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


Shinkong Synthetic Fiber Cyclically Adjusted Revenue per Share Related Terms

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


Shinkong Synthetic Fiber (TPE:1409) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

Shinkong Synthetic Fiber (TPE:1409) Headlines

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