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Microtips Technology (ROCO:3285) Cyclically Adjusted Revenue per Share : NT$30.21 (As of Mar. 2024)


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What is Microtips Technology 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.

Microtips Technology's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.229. 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$30.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Microtips Technology's average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% 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 Microtips Technology was -0.60% per year. The lowest was -0.60% per year. And the median was -0.60% per year.

As of today (2024-06-19), Microtips Technology's current stock price is NT$29.45. Microtips Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$30.21. Microtips Technology's Cyclically Adjusted PS Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Microtips Technology was 1.08. The lowest was 0.50. And the median was 0.68.


Microtips Technology Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Microtips Technology'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.

Microtips Technology Cyclically Adjusted Revenue per Share Chart

Microtips Technology 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 - 30.50 30.99 30.65 29.93

Microtips Technology 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 30.75 30.64 30.43 29.93 30.21

Competitive Comparison of Microtips Technology's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Microtips Technology'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.


Microtips Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Microtips Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Microtips Technology 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, Microtips Technology'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)
=4.229/131.7762*131.7762
=4.229

Current CPI (Mar. 2024) = 131.7762.

Microtips Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.856 100.560 8.984
201409 8.562 100.428 11.235
201412 6.877 99.070 9.147
201503 6.339 99.621 8.385
201506 8.268 100.684 10.821
201509 10.281 100.392 13.495
201512 8.752 99.792 11.557
201603 7.616 100.470 9.989
201606 8.198 101.688 10.624
201609 7.672 101.861 9.925
201612 7.256 101.863 9.387
201703 6.824 102.862 8.742
201706 7.307 103.349 9.317
201709 5.315 104.136 6.726
201712 5.434 104.011 6.885
201803 6.763 105.290 8.464
201806 6.814 106.317 8.446
201809 9.019 106.507 11.159
201812 5.674 105.998 7.054
201903 5.424 107.251 6.664
201906 5.529 108.070 6.742
201909 5.412 108.329 6.583
201912 4.539 108.420 5.517
202003 2.688 108.902 3.253
202006 4.737 108.767 5.739
202009 8.423 109.815 10.107
202012 6.311 109.897 7.567
202103 3.969 111.754 4.680
202106 6.688 114.631 7.688
202109 6.634 115.734 7.554
202112 5.837 117.630 6.539
202203 3.690 121.301 4.009
202206 5.282 125.017 5.568
202209 5.047 125.227 5.311
202212 5.868 125.222 6.175
202303 4.020 127.348 4.160
202306 4.773 128.729 4.886
202309 4.499 129.860 4.565
202312 4.124 129.419 4.199
202403 4.229 131.776 4.229

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


Microtips Technology  (ROCO:3285) 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.

Microtips Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.45/30.21
=0.97

* 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 Microtips Technology was 1.08. The lowest was 0.50. And the median was 0.68.


Be Aware

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


Microtips Technology Cyclically Adjusted Revenue per Share Related Terms

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


Microtips Technology (ROCO:3285) Business Description

Industry
Traded in Other Exchanges
N/A
Address
12F., No.31, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN
Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.

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