Chunghwa Telecom Co (FRA:CHWD) Cyclically Adjusted Revenue per Share: €8.82 (As of Mar. 2026)

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FRA:CHWD Chunghwa Telecom Co Ltd FRA:CHWD
91 GF Score
Price €36.20
GF Value €36.72
! 4 Warning Signs
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What is Chunghwa Telecom Co Cyclically Adjusted Revenue per Share?

Chunghwa Telecom Co FRA:CHWD +0.56% 91 Cyclically Adjusted Revenue per Share is €8.82 as of Mar. 2026. GuruFocus rates FRA:CHWD with a GF Score™ of 91/100 and a GF Value™ of €36.72. The stock has 4 warning signs investors should review.

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.

Chunghwa Telecom Co's adjusted revenue per share for the three months ended in Mar. 2026 was €2.084. 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 €8.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chunghwa Telecom Co's average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% 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 Chunghwa Telecom Co was 5.00% per year. The lowest was 0.00% per year. And the median was 3.00% per year.

As of today (2026-07-15), Chunghwa Telecom Co's current stock price is €36.20. Chunghwa Telecom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €8.82. Chunghwa Telecom Co's Cyclically Adjusted PS Ratio of today is 4.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chunghwa Telecom Co was 4.28. The lowest was 3.21. And the median was 3.64.


Chunghwa Telecom Co  (FRA:CHWD) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.20/8.82
=4.10

* 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 Chunghwa Telecom Co was 4.28. The lowest was 3.21. And the median was 3.64.


Be Aware

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


Chunghwa Telecom Co Cyclically Adjusted Revenue per Share Related Terms


Chunghwa Telecom Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Chunghwa Telecom 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.

Chunghwa Telecom Co Cyclically Adjusted Revenue per Share Chart

Chunghwa Telecom Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.14 10.02 9.75 9.81 9.04

Chunghwa Telecom Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.43 9.98 9.38 9.04 8.82

FRA:CHWD vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Chunghwa Telecom 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.


Chunghwa Telecom Co Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:CHWD
91GF Score
Chunghwa Telecom Co Ltd FRA:CHWD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chunghwa Telecom 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, Chunghwa Telecom Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.084/330.2130*330.2130
=2.084

Current CPI (Mar. 2026) = 330.2130.

Chunghwa Telecom Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.995 241.018 2.733
201609 2.136 241.428 2.922
201612 2.224 241.432 3.042
201703 2.141 243.801 2.900
201706 2.110 244.955 2.844
201709 2.025 246.819 2.709
201712 2.210 246.524 2.960
201803 1.919 249.554 2.539
201806 1.968 251.989 2.579
201809 1.895 252.439 2.479
201812 2.041 251.233 2.683
201903 1.895 254.202 2.462
201906 1.827 256.143 2.355
201909 1.915 256.759 2.463
201912 2.108 256.974 2.709
202003 1.862 258.115 2.382
202006 1.845 257.797 2.363
202009 1.955 260.280 2.480
202012 2.224 260.474 2.819
202103 1.916 264.877 2.389
202106 1.909 271.696 2.320
202109 2.010 274.310 2.420
202112 2.420 278.802 2.866
202203 2.104 287.504 2.417
202206 2.153 296.311 2.399
202209 2.207 296.808 2.455
202212 2.348 296.797 2.612
202303 2.105 301.836 2.303
202306 2.053 305.109 2.222
202309 2.014 307.789 2.161
202312 2.319 306.746 2.496
202403 2.043 312.332 2.160
202406 1.990 314.175 2.092
202409 2.010 315.301 2.105
202412 2.438 315.605 2.551
202503 2.001 319.799 2.066
202506 2.127 322.561 2.177
202509 2.082 324.800 2.117
202512 2.285 324.054 2.328
202603 2.084 330.213 2.084

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

What does a Cyclically Adjusted Revenue per Share of €8.82 mean?
Chunghwa Telecom Co (FRA:CHWD) has a Cyclically Adjusted Revenue per Share of €8.82 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Chunghwa Telecom Co and its competitors.
Is Chunghwa Telecom Co's Cyclically Adjusted Revenue per Share too high?
Chunghwa Telecom Co's current Cyclically Adjusted Revenue per Share is €8.82. Overall, Chunghwa Telecom Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Telecom Co's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Chunghwa Telecom Co's Cyclically Adjusted Revenue per Share of €8.82 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Chunghwa Telecom Co and its competitors. Chunghwa Telecom Co's current Cyclically Adjusted Revenue per Share is €8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Telecom Co stock overvalued right now?
Chunghwa Telecom Co (FRA:CHWD) has a current Cyclically Adjusted Revenue per Share of €8.82. The stock's GF Value™ is €36.72, compared to a current price of €36.20 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €8.82. Chunghwa Telecom Co's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Chunghwa Telecom Co (FRA:CHWD), the current Cyclically Adjusted Revenue per Share is €8.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chunghwa Telecom Co (FRA:CHWD) Overvalued in 2026?

Based on GuruFocus' analysis, Chunghwa Telecom Co stock appears to be undervalued. The current stock price of €36.20 is trading 1.4% below its estimated GF Value™ of €36.72.

Key valuation signals for FRA:CHWD:

  • Cyclically Adjusted Revenue per Share: €8.82
  • GF Value™: €36.72 vs. price of €36.20 (1.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the FRA:CHWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chunghwa Telecom Co Business Description

Other Exchanges CHT:USA2412:Taiwan
Address Hsinyi Road, Section 1, No. 21-3, Zhongzheng District, Taipei, TWN, 100012
Chunghwa Telecom Co Ltd is Taiwan's integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company's reportable segments are: Consumer Business, Enterprise Business, International Business, and Others. The majority of its revenue comes from the Consumer Business, which focuses on individual and home-centric businesses, such as mobile, fixed broadband, Wi-Fi, IPTV (MOD), and OTT services. The Enterprise business offers IDC, cloud, cybersecurity, 5G, AIoT, data, AI, enterprise digital transformation, and system integration services to businesses, and the International business segment represents services offered to international customers. Geographically, the company generates maximum revenue from its business in Taiwan.
91GF Score

Get the complete analysis for FRA:CHWD

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.20
Price
€36.72
GF Value