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Gold Circuit Electronics (TPE:2368) Cyclically Adjusted Revenue per Share : NT$55.25 (As of Mar. 2024)


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What is Gold Circuit Electronics 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.

Gold Circuit Electronics's adjusted revenue per share for the three months ended in Mar. 2024 was NT$17.916. 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$55.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gold Circuit Electronics's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% 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 Gold Circuit Electronics was 9.10% per year. The lowest was 8.40% per year. And the median was 8.75% per year.

As of today (2024-05-24), Gold Circuit Electronics's current stock price is NT$203.00. Gold Circuit Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$55.25. Gold Circuit Electronics's Cyclically Adjusted PS Ratio of today is 3.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gold Circuit Electronics was 5.14. The lowest was 0.31. And the median was 1.74.


Gold Circuit Electronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics Cyclically Adjusted Revenue per Share Chart

Gold Circuit Electronics 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 39.60 41.28 44.98 50.40 53.55

Gold Circuit Electronics 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 51.56 52.39 53.21 53.55 55.25

Competitive Comparison of Gold Circuit Electronics's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Gold Circuit Electronics'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.


Gold Circuit Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gold Circuit Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gold Circuit Electronics's Cyclically Adjusted PS Ratio falls into.



Gold Circuit Electronics 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, Gold Circuit Electronics'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)
=17.916/131.7762*131.7762
=17.916

Current CPI (Mar. 2024) = 131.7762.

Gold Circuit Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.056 100.560 11.867
201409 10.675 100.428 14.007
201412 11.906 99.070 15.837
201503 10.257 99.621 13.568
201506 9.089 100.684 11.896
201509 9.962 100.392 13.076
201512 9.422 99.792 12.442
201603 8.000 100.470 10.493
201606 9.562 101.688 12.391
201609 10.761 101.861 13.921
201612 10.493 101.863 13.574
201703 8.738 102.862 11.194
201706 9.358 103.349 11.932
201709 10.455 104.136 13.230
201712 10.093 104.011 12.787
201803 9.643 105.290 12.069
201806 10.240 106.317 12.692
201809 11.731 106.507 14.514
201812 10.382 105.998 12.907
201903 8.838 107.251 10.859
201906 8.664 108.070 10.565
201909 9.544 108.329 11.610
201912 11.628 108.420 14.133
202003 10.365 108.902 12.542
202006 12.978 108.767 15.723
202009 13.113 109.815 15.735
202012 11.412 109.897 13.684
202103 11.832 111.754 13.952
202106 13.086 114.631 15.043
202109 12.978 115.734 14.777
202112 10.426 117.630 11.680
202203 13.333 121.301 14.484
202206 15.629 125.017 16.474
202209 17.334 125.227 18.241
202212 17.110 125.222 18.006
202303 12.930 127.348 13.380
202306 14.240 128.729 14.577
202309 16.931 129.860 17.181
202312 17.263 129.419 17.577
202403 17.916 131.776 17.916

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


Gold Circuit Electronics  (TPE:2368) 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.

Gold Circuit Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=203.00/55.25
=3.67

* 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 Gold Circuit Electronics was 5.14. The lowest was 0.31. And the median was 1.74.


Be Aware

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


Gold Circuit Electronics Cyclically Adjusted Revenue per Share Related Terms

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


Gold Circuit Electronics (TPE:2368) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applies in notebooks, handheld devices, telecommunications, networking and server & storage fields, among others.

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