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Microcosm Technology Co (ROCO:3354) Cyclically Adjusted Revenue per Share : NT$6.82 (As of Mar. 2024)


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What is Microcosm Technology 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.

Microcosm Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$0.453. 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$6.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Microcosm Technology Co's average Cyclically Adjusted Revenue Growth Rate was -9.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.70% 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 Microcosm Technology Co was -9.70% per year. The lowest was -9.70% per year. And the median was -9.70% per year.

As of today (2024-06-25), Microcosm Technology Co's current stock price is NT$23.85. Microcosm Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$6.82. Microcosm Technology Co's Cyclically Adjusted PS Ratio of today is 3.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Microcosm Technology Co was 4.10. The lowest was 0.89. And the median was 1.87.


Microcosm Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Microcosm Technology 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.

Microcosm Technology Co Cyclically Adjusted Revenue per Share Chart

Microcosm Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.25 9.04 8.30 7.54

Microcosm Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.54 7.36 7.20 7.00 6.82

Competitive Comparison of Microcosm Technology Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Microcosm Technology 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.


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

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

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



Microcosm Technology 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, Microcosm Technology 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)
=0.453/131.7762*131.7762
=0.453

Current CPI (Mar. 2024) = 131.7762.

Microcosm Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.697 99.695 3.565
201406 2.547 100.560 3.338
201409 2.293 100.428 3.009
201412 2.114 99.070 2.812
201503 1.861 99.621 2.462
201506 1.584 100.684 2.073
201509 1.632 100.392 2.142
201512 1.595 99.792 2.106
201603 1.168 100.470 1.532
201606 1.175 101.688 1.523
201609 1.927 101.861 2.493
201612 1.734 101.863 2.243
201703 1.478 102.862 1.893
201706 1.575 103.349 2.008
201709 2.438 104.136 3.085
201712 2.605 104.011 3.300
201803 1.767 105.290 2.212
201806 1.654 106.317 2.050
201809 2.152 106.507 2.663
201812 1.517 105.998 1.886
201903 1.005 107.251 1.235
201906 1.628 108.070 1.985
201909 2.087 108.329 2.539
201912 1.573 108.420 1.912
202003 1.119 108.902 1.354
202006 0.744 108.767 0.901
202009 1.164 109.815 1.397
202012 1.100 109.897 1.319
202103 0.762 111.754 0.899
202106 0.580 114.631 0.667
202109 0.835 115.734 0.951
202112 0.669 117.630 0.749
202203 0.715 121.301 0.777
202206 0.461 125.017 0.486
202209 0.534 125.227 0.562
202212 0.381 125.222 0.401
202303 0.329 127.348 0.340
202306 0.390 128.729 0.399
202309 0.491 129.860 0.498
202403 0.453 131.776 0.453

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


Microcosm Technology Co  (ROCO:3354) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.85/6.82
=3.50

* 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 Microcosm Technology Co was 4.10. The lowest was 0.89. And the median was 1.87.


Be Aware

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


Microcosm Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


Microcosm Technology Co (ROCO:3354) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.8, Nanke 9th Road, ShanHwa District, Tainan City, TWN
Microcosm Technology Co Ltd is a Taiwan-based company engaged in developing, manufacturing, and marketing ultrathin flexible printed circuit board materials, adhesive less flexible PCB materials, and film-on-chip flexible substrates. The products of the company include Liquid photosensitive PI insulation, Customized transparent polyamide, Low retardation transparent sheets, Bending resistant transparent sheets, and others.

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