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Hong Tai Electric Industrial Co (TPE:1612) Cyclically Adjusted Revenue per Share : NT$16.57 (As of Mar. 2024)


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What is Hong Tai Electric Industrial 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.

Hong Tai Electric Industrial Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.586. 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$16.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hong Tai Electric Industrial Co's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Hong Tai Electric Industrial Co was 5.30% per year. The lowest was 2.60% per year. And the median was 3.95% per year.

As of today (2024-06-06), Hong Tai Electric Industrial Co's current stock price is NT$38.05. Hong Tai Electric Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$16.57. Hong Tai Electric Industrial Co's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hong Tai Electric Industrial Co was 2.48. The lowest was 0.58. And the median was 1.47.


Hong Tai Electric Industrial Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hong Tai Electric Industrial 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.

Hong Tai Electric Industrial Co Cyclically Adjusted Revenue per Share Chart

Hong Tai Electric Industrial 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 14.44 13.94 14.72 15.60 16.29

Hong Tai Electric Industrial 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 15.88 16.07 16.27 16.29 16.57

Competitive Comparison of Hong Tai Electric Industrial Co's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Hong Tai Electric Industrial 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.


Hong Tai Electric Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hong Tai Electric Industrial Co's Cyclically Adjusted PS Ratio falls into.



Hong Tai Electric Industrial 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, Hong Tai Electric Industrial 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)
=4.586/131.7762*131.7762
=4.586

Current CPI (Mar. 2024) = 131.7762.

Hong Tai Electric Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.776 100.560 3.638
201409 2.947 100.428 3.867
201412 2.440 99.070 3.246
201503 2.503 99.621 3.311
201506 2.259 100.684 2.957
201509 2.611 100.392 3.427
201512 2.409 99.792 3.181
201603 2.309 100.470 3.028
201606 2.378 101.688 3.082
201609 2.739 101.861 3.543
201612 2.612 101.863 3.379
201703 2.839 102.862 3.637
201706 2.838 103.349 3.619
201709 2.848 104.136 3.604
201712 2.798 104.011 3.545
201803 3.022 105.290 3.782
201806 3.088 106.317 3.827
201809 3.270 106.507 4.046
201812 2.770 105.998 3.444
201903 2.883 107.251 3.542
201906 2.725 108.070 3.323
201909 2.576 108.329 3.134
201912 2.786 108.420 3.386
202003 3.686 108.902 4.460
202006 3.769 108.767 4.566
202009 3.421 109.815 4.105
202012 3.566 109.897 4.276
202103 4.616 111.754 5.443
202106 5.100 114.631 5.863
202109 5.388 115.734 6.135
202112 4.758 117.630 5.330
202203 5.241 121.301 5.694
202206 4.664 125.017 4.916
202209 4.656 125.227 4.900
202212 5.655 125.222 5.951
202303 4.276 127.348 4.425
202306 4.647 128.729 4.757
202309 5.114 129.860 5.189
202312 5.464 129.419 5.564
202403 4.586 131.776 4.586

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


Hong Tai Electric Industrial Co  (TPE:1612) 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.

Hong Tai Electric Industrial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.05/16.57
=2.30

* 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 Hong Tai Electric Industrial Co was 2.48. The lowest was 0.58. And the median was 1.47.


Be Aware

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


Hong Tai Electric Industrial Co Cyclically Adjusted Revenue per Share Related Terms

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


Hong Tai Electric Industrial Co (TPE:1612) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN
Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

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