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Polytronics Technology (TPE:6224) Cyclically Adjusted Revenue per Share : NT$28.91 (As of Mar. 2024)


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What is Polytronics Technology 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.

Polytronics Technology's adjusted revenue per share for the three months ended in Mar. 2024 was NT$7.011. 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$28.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Polytronics Technology's average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% 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 Polytronics Technology was 9.70% per year. The lowest was 8.00% per year. And the median was 8.85% per year.

As of today (2024-05-21), Polytronics Technology's current stock price is NT$54.60. Polytronics Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$28.91. Polytronics Technology's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Polytronics Technology was 7.39. The lowest was 1.80. And the median was 3.07.


Polytronics Technology Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Polytronics Technology'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.

Polytronics Technology Cyclically Adjusted Revenue per Share Chart

Polytronics Technology 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 21.08 21.41 24.22 26.53 28.28

Polytronics Technology 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 27.17 27.73 28.22 28.28 28.91

Competitive Comparison of Polytronics Technology's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Polytronics Technology'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.


Polytronics Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Polytronics Technology 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, Polytronics Technology'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)
=7.011/131.7762*131.7762
=7.011

Current CPI (Mar. 2024) = 131.7762.

Polytronics Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.582 100.560 7.315
201409 4.949 100.428 6.494
201412 4.622 99.070 6.148
201503 4.648 99.621 6.148
201506 5.423 100.684 7.098
201509 5.178 100.392 6.797
201512 5.121 99.792 6.762
201603 4.525 100.470 5.935
201606 5.271 101.688 6.831
201609 5.530 101.861 7.154
201612 4.855 101.863 6.281
201703 4.270 102.862 5.470
201706 4.827 103.349 6.155
201709 4.913 104.136 6.217
201712 4.609 104.011 5.839
201803 4.893 105.290 6.124
201806 5.978 106.317 7.410
201809 5.293 106.507 6.549
201812 4.163 105.998 5.175
201903 3.657 107.251 4.493
201906 4.820 108.070 5.877
201909 6.032 108.329 7.338
201912 5.679 108.420 6.902
202003 4.418 108.902 5.346
202006 5.083 108.767 6.158
202009 5.917 109.815 7.100
202012 6.117 109.897 7.335
202103 6.580 111.754 7.759
202106 9.350 114.631 10.748
202109 10.868 115.734 12.374
202112 8.567 117.630 9.597
202203 8.871 121.301 9.637
202206 8.588 125.017 9.052
202209 8.461 125.227 8.904
202212 8.003 125.222 8.422
202303 7.681 127.348 7.948
202306 8.402 128.729 8.601
202309 8.657 129.860 8.785
202312 7.654 129.419 7.793
202403 7.011 131.776 7.011

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


Polytronics Technology  (TPE:6224) 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.

Polytronics Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=54.60/28.91
=1.89

* 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 Polytronics Technology was 7.39. The lowest was 1.80. And the median was 3.07.


Be Aware

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


Polytronics Technology Cyclically Adjusted Revenue per Share Related Terms

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


Polytronics Technology (TPE:6224) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300
Polytronics Technology Corp, along with its subsidiaries is engaged in the research, development, manufacturing, and sale of polymeric positive temperature coefficient, overvoltage protection elements and its production-related semi-finished goods, modules, heat conductive substrate, thermal module, heat dispersing materials, light emitting diode lighting, and modules. The company is based in the Taiwan region and offers its services to China, America, and other regions.

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