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FORMETAL Co (XKRX:119500) Cyclically Adjusted Revenue per Share : ₩5,267.86 (As of Mar. 2024)


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What is FORMETAL 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.

FORMETAL Co's adjusted revenue per share for the three months ended in Mar. 2024 was ₩1,374.497. 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 ₩5,267.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FORMETAL Co's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 FORMETAL Co was 4.70% per year. The lowest was 4.70% per year. And the median was 4.70% per year.

As of today (2024-06-02), FORMETAL Co's current stock price is ₩3395.00. FORMETAL Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩5,267.86. FORMETAL Co's Cyclically Adjusted PS Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FORMETAL Co was 1.51. The lowest was 0.41. And the median was 0.79.


FORMETAL Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FORMETAL 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.

FORMETAL Co Cyclically Adjusted Revenue per Share Chart

FORMETAL 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 - 4,590.82 4,640.84 5,031.03 5,266.30

FORMETAL 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 5,114.37 5,166.54 5,276.46 5,266.30 5,267.86

Competitive Comparison of FORMETAL Co's Cyclically Adjusted Revenue per Share

For the Metal Fabrication subindustry, FORMETAL 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.


FORMETAL Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



FORMETAL 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, FORMETAL 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)
=1374.497/118.8477*118.8477
=1,374.497

Current CPI (Mar. 2024) = 118.8477.

FORMETAL Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,075.322 99.353 1,286.318
201409 1,063.053 99.608 1,268.386
201412 974.360 99.098 1,168.545
201503 1,035.749 99.720 1,234.420
201506 1,080.523 100.050 1,283.535
201509 897.250 100.110 1,065.189
201512 791.645 100.220 938.787
201603 908.239 100.560 1,073.410
201606 918.639 100.790 1,083.224
201609 951.127 101.460 1,114.126
201612 1,098.767 101.560 1,285.801
201703 1,097.527 102.850 1,268.241
201706 1,211.258 102.610 1,402.936
201709 1,153.883 103.490 1,325.117
201712 1,111.937 102.990 1,283.145
201803 1,160.873 104.100 1,325.332
201806 1,257.756 104.130 1,435.527
201809 1,120.005 105.650 1,259.915
201812 1,129.876 104.350 1,286.854
201903 1,051.426 104.490 1,195.900
201906 1,202.180 104.880 1,362.284
201909 983.629 105.200 1,111.236
201912 1,115.644 105.120 1,261.337
202003 1,156.239 105.540 1,302.031
202006 1,144.158 104.870 1,296.658
202009 1,008.944 106.200 1,129.102
202012 1,142.314 105.765 1,283.609
202103 1,193.196 107.357 1,320.904
202106 1,360.896 107.579 1,503.453
202109 1,242.008 108.759 1,357.217
202112 1,451.088 109.676 1,572.430
202203 1,392.104 111.806 1,479.783
202206 1,489.565 114.083 1,551.780
202209 1,408.523 114.831 1,457.788
202212 1,631.887 115.200 1,683.556
202303 1,533.400 116.550 1,563.635
202306 1,647.752 117.140 1,671.775
202309 1,412.843 119.111 1,409.717
202312 1,401.098 118.848 1,401.098
202403 1,374.497 118.848 1,374.497

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


FORMETAL Co  (XKRX:119500) 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.

FORMETAL Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3395.00/5267.86
=0.64

* 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 FORMETAL Co was 1.51. The lowest was 0.41. And the median was 0.79.


Be Aware

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


FORMETAL Co Cyclically Adjusted Revenue per Share Related Terms

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


FORMETAL Co (XKRX:119500) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR
FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

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