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Hi Sharp Electronics Co (ROCO:3128) Cyclically Adjusted Revenue per Share : NT$23.43 (As of Mar. 2024)


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What is Hi Sharp Electronics 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.

Hi Sharp Electronics Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.919. 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$23.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hi Sharp Electronics Co's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Hi Sharp Electronics Co was 2.60% per year. The lowest was 1.30% per year. And the median was 1.95% per year.

As of today (2024-06-20), Hi Sharp Electronics Co's current stock price is NT$29.60. Hi Sharp Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$23.43. Hi Sharp Electronics Co's Cyclically Adjusted PS Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hi Sharp Electronics Co was 2.28. The lowest was 0.49. And the median was 0.94.


Hi Sharp Electronics Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hi Sharp Electronics 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.

Hi Sharp Electronics Co Cyclically Adjusted Revenue per Share Chart

Hi Sharp Electronics 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 21.93 21.40 21.89 22.77 23.14

Hi Sharp Electronics 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 23.06 23.10 23.27 23.14 23.43

Competitive Comparison of Hi Sharp Electronics Co's Cyclically Adjusted Revenue per Share

For the Security & Protection Services subindustry, Hi Sharp Electronics 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.


Hi Sharp Electronics Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hi Sharp Electronics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hi Sharp Electronics 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, Hi Sharp Electronics 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)
=4.919/131.7762*131.7762
=4.919

Current CPI (Mar. 2024) = 131.7762.

Hi Sharp Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.608 100.560 6.038
201409 4.467 100.428 5.861
201412 4.036 99.070 5.368
201503 3.765 99.621 4.980
201506 4.892 100.684 6.403
201509 4.292 100.392 5.634
201512 4.510 99.792 5.955
201603 4.487 100.470 5.885
201606 4.179 101.688 5.416
201609 4.081 101.861 5.280
201612 2.862 101.863 3.702
201703 3.846 102.862 4.927
201706 4.799 103.349 6.119
201709 4.636 104.136 5.867
201712 3.394 104.011 4.300
201803 4.953 105.290 6.199
201806 3.921 106.317 4.860
201809 4.149 106.507 5.133
201812 4.704 105.998 5.848
201903 4.791 107.251 5.887
201906 5.275 108.070 6.432
201909 5.265 108.329 6.405
201912 4.779 108.420 5.809
202003 4.847 108.902 5.865
202006 4.876 108.767 5.907
202009 5.311 109.815 6.373
202012 4.797 109.897 5.752
202103 5.163 111.754 6.088
202106 4.950 114.631 5.690
202109 4.698 115.734 5.349
202112 7.283 117.630 8.159
202203 5.980 121.301 6.496
202206 6.788 125.017 7.155
202209 6.342 125.227 6.674
202212 6.926 125.222 7.289
202303 6.151 127.348 6.365
202306 5.737 128.729 5.873
202309 6.315 129.860 6.408
202312 5.481 129.419 5.581
202403 4.919 131.776 4.919

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


Hi Sharp Electronics Co  (ROCO:3128) 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.

Hi Sharp Electronics Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.60/23.43
=1.26

* 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 Hi Sharp Electronics Co was 2.28. The lowest was 0.49. And the median was 0.94.


Be Aware

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


Hi Sharp Electronics Co Cyclically Adjusted Revenue per Share Related Terms

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


Hi Sharp Electronics Co (ROCO:3128) Business Description

Traded in Other Exchanges
N/A
Address
No. 673, Chang Shing Road, Bade Dist, Taoyuan, TWN, 33452
Hi Sharp Electronics Co Ltd is a Taiwan based company engages in the manufacture and sale of electronic surveillance products. Its products include liquid crystal display, camera, digital video recorder, video server, and car safety system.

Hi Sharp Electronics Co (ROCO:3128) Headlines

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