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Taiwan Semiconductor Manufacturing Co (MEX:TSM N) Cyclically Adjusted Revenue per Share : MXN258.25 (As of Mar. 2025)


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What is Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co's adjusted revenue per share for the three months ended in Mar. 2025 was MXN100.395. 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 MXN258.25 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Taiwan Semiconductor Manufacturing Co's average Cyclically Adjusted Revenue Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.50% 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 Taiwan Semiconductor Manufacturing Co was 18.10% per year. The lowest was 9.60% per year. And the median was 12.35% per year.

As of today (2025-05-30), Taiwan Semiconductor Manufacturing Co's current stock price is MXN3810.00. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN258.25. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio of today is 14.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Semiconductor Manufacturing Co was 18.66. The lowest was 6.49. And the median was 9.86.


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing 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.

Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.10 167.85 163.59 171.95 256.37

Taiwan Semiconductor Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 175.77 206.18 228.33 256.37 258.25

Competitive Comparison of Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing 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.


Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Taiwan Semiconductor Manufacturing 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, Taiwan Semiconductor Manufacturing Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=100.395/134.9266*134.9266
=100.395

Current CPI (Mar. 2025) = 134.9266.

Taiwan Semiconductor Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 20.116 100.684 26.957
201509 21.196 100.392 28.488
201512 20.580 99.792 27.826
201603 20.724 100.470 27.831
201606 24.488 101.688 32.492
201609 30.866 101.861 40.886
201612 32.577 101.863 43.151
201703 27.710 102.862 36.348
201706 24.628 103.349 32.153
201709 29.280 104.136 37.938
201712 35.096 104.011 45.528
201803 29.749 105.290 38.123
201806 29.372 106.317 37.276
201809 30.560 106.507 38.715
201812 35.641 105.998 45.368
201903 26.512 107.251 33.353
201906 28.535 108.070 35.626
201909 35.897 108.329 44.710
201912 38.127 108.420 47.448
202003 46.607 108.902 57.745
202006 46.625 108.767 57.839
202009 52.002 109.815 63.893
202012 49.179 109.897 60.380
202103 50.532 111.754 61.010
202106 51.419 114.631 60.523
202109 59.309 115.734 69.144
202112 62.466 117.630 71.651
202203 66.316 121.301 73.765
202206 69.998 125.017 75.547
202209 76.035 125.227 81.925
202212 76.720 125.222 82.666
202303 57.897 127.348 61.343
202306 51.543 128.729 54.025
202309 57.310 129.860 59.546
202312 65.509 129.419 68.297
202403 59.844 131.776 61.275
202406 73.484 132.554 74.799
202409 90.268 133.029 91.556
202412 107.207 133.157 108.632
202503 100.395 134.927 100.395

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


Taiwan Semiconductor Manufacturing Co  (MEX:TSM N) 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.

Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3810.00/258.25
=14.75

* 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 Taiwan Semiconductor Manufacturing Co was 18.66. The lowest was 6.49. And the median was 9.86.


Be Aware

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


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Related Terms

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


Taiwan Semiconductor Manufacturing Co Business Description

Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with mid-60s market share in 2024. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.

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