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Taiwan Wax Co (ROCO:1742) Cyclically Adjusted Revenue per Share : NT$8.95 (As of Mar. 2024)


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What is Taiwan Wax 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 Wax Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$0.631. 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$8.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiwan Wax Co's average Cyclically Adjusted Revenue Growth Rate was -15.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.00% 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 Wax Co was -12.00% per year. The lowest was -15.00% per year. And the median was -13.50% per year.

As of today (2024-06-14), Taiwan Wax Co's current stock price is NT$17.65. Taiwan Wax Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$8.95. Taiwan Wax Co's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Wax Co was 2.09. The lowest was 0.86. And the median was 1.38.


Taiwan Wax Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taiwan Wax 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 Wax Co Cyclically Adjusted Revenue per Share Chart

Taiwan Wax 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 18.05 13.61 12.08 11.09 9.29

Taiwan Wax 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 10.58 10.25 9.76 9.29 8.95

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

For the Specialty Chemicals subindustry, Taiwan Wax 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 Wax Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiwan Wax 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 Wax 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)
=0.631/131.7762*131.7762
=0.631

Current CPI (Mar. 2024) = 131.7762.

Taiwan Wax Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.819 100.560 6.315
201409 4.222 100.428 5.540
201412 2.881 99.070 3.832
201503 1.916 99.621 2.534
201506 2.535 100.684 3.318
201509 1.945 100.392 2.553
201512 2.300 99.792 3.037
201603 2.207 100.470 2.895
201606 1.813 101.688 2.349
201609 2.185 101.861 2.827
201612 1.831 101.863 2.369
201703 1.343 102.862 1.721
201706 1.311 103.349 1.672
201709 1.212 104.136 1.534
201712 1.108 104.011 1.404
201803 1.760 105.290 2.203
201806 1.648 106.317 2.043
201809 1.526 106.507 1.888
201812 2.136 105.998 2.655
201903 4.228 107.251 5.195
201906 4.566 108.070 5.568
201909 1.274 108.329 1.550
201912 1.693 108.420 2.058
202003 1.306 108.902 1.580
202006 1.160 108.767 1.405
202009 0.988 109.815 1.186
202012 0.663 109.897 0.795
202103 1.292 111.754 1.523
202106 2.036 114.631 2.341
202109 1.736 115.734 1.977
202112 0.991 117.630 1.110
202203 1.525 121.301 1.657
202206 1.370 125.017 1.444
202209 1.704 125.227 1.793
202212 0.613 125.222 0.645
202303 1.125 127.348 1.164
202306 1.379 128.729 1.412
202309 0.658 129.860 0.668
202312 1.086 129.419 1.106
202403 0.631 131.776 0.631

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


Taiwan Wax Co  (ROCO:1742) 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 Wax Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.65/8.95
=1.97

* 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 Wax Co was 2.09. The lowest was 0.86. And the median was 1.38.


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 Wax Co Cyclically Adjusted Revenue per Share Related Terms

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


Taiwan Wax Co (ROCO:1742) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 1 Chung Cheng Road, Minhsiung Industrial District, Chiayi, TWN, 62146
Taiwan Wax Co Ltd is engaged in manufacture, trading, import and export of various wax raw materials and finished products, trading of optoelectronic equipment, trading of aquatic products and provision of brokerage services. The company derives revenue from sales of merchandise is derived from sales of aquatic products, optoelectronic equipment and various finished wax products.

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