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Kenda Rubber Industrial Co (TPE:2106) Cyclically Adjusted Revenue per Share : NT$40.85 (As of Mar. 2024)


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What is Kenda Rubber 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.

Kenda Rubber Industrial Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$8.653. 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$40.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kenda Rubber Industrial Co's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Kenda Rubber Industrial Co was 4.90% per year. The lowest was 4.60% per year. And the median was 4.75% per year.

As of today (2024-06-02), Kenda Rubber Industrial Co's current stock price is NT$34.80. Kenda Rubber Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$40.85. Kenda Rubber Industrial Co's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kenda Rubber Industrial Co was 1.25. The lowest was 0.65. And the median was 0.78.


Kenda Rubber Industrial Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kenda Rubber 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.

Kenda Rubber Industrial Co Cyclically Adjusted Revenue per Share Chart

Kenda Rubber 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 34.52 35.22 37.80 39.84 40.34

Kenda Rubber 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 40.39 40.48 40.64 40.34 40.85

Competitive Comparison of Kenda Rubber Industrial Co's Cyclically Adjusted Revenue per Share

For the Auto Parts subindustry, Kenda Rubber 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.


Kenda Rubber Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kenda Rubber 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, Kenda Rubber 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)
=8.653/131.7762*131.7762
=8.653

Current CPI (Mar. 2024) = 131.7762.

Kenda Rubber Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.487 100.560 12.432
201409 8.799 100.428 11.546
201412 8.247 99.070 10.970
201503 7.780 99.621 10.291
201506 8.806 100.684 11.525
201509 8.471 100.392 11.119
201512 7.583 99.792 10.013
201603 7.528 100.470 9.874
201606 8.318 101.688 10.779
201609 7.472 101.861 9.666
201612 7.526 101.863 9.736
201703 7.646 102.862 9.795
201706 8.171 103.349 10.419
201709 7.929 104.136 10.034
201712 8.230 104.011 10.427
201803 8.248 105.290 10.323
201806 8.750 106.317 10.845
201809 8.037 106.507 9.944
201812 7.830 105.998 9.734
201903 8.007 107.251 9.838
201906 9.178 108.070 11.191
201909 8.685 108.329 10.565
201912 7.794 108.420 9.473
202003 6.719 108.902 8.130
202006 7.685 108.767 9.311
202009 8.745 109.815 10.494
202012 8.586 109.897 10.295
202103 8.965 111.754 10.571
202106 9.506 114.631 10.928
202109 9.327 115.734 10.620
202112 8.649 117.630 9.689
202203 9.892 121.301 10.746
202206 10.422 125.017 10.985
202209 10.749 125.227 11.311
202212 8.749 125.222 9.207
202303 9.039 127.348 9.353
202306 8.773 128.729 8.981
202309 9.371 129.860 9.509
202312 8.963 129.419 9.126
202403 8.653 131.776 8.653

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


Kenda Rubber Industrial Co  (TPE:2106) 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.

Kenda Rubber Industrial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=34.80/40.85
=0.85

* 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 Kenda Rubber Industrial Co was 1.25. The lowest was 0.65. And the median was 0.78.


Be Aware

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


Kenda Rubber Industrial Co Cyclically Adjusted Revenue per Share Related Terms

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


Kenda Rubber Industrial Co (TPE:2106) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN
Kenda Rubber Industrial Co Ltd. manufactures and sells tires under a host of different brands. Its product portfolio includes options for automobiles, bicycles, powersport vehicles, specialty vehicles, and wheelchairs. Based out of Asia, the company reaches a host of international clients through facilities located in Europe, North America, and several Asian countries. Tires are built to meet a range of specifications, such as fuel economy and performance. Kenda's tire options are also built to pass a multitude of international regulations and environmental conditions.

Kenda Rubber Industrial Co (TPE:2106) Headlines

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