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Forg Innovation Co (ROCO:4712) Cyclically Adjusted Revenue per Share : NT$26.33 (As of Mar. 2024)


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What is Forg Innovation 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.

Forg Innovation Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$0.004. 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$26.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Forg Innovation Co's average Cyclically Adjusted Revenue Growth Rate was -27.90% 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.

As of today (2024-06-23), Forg Innovation Co's current stock price is NT$11.40. Forg Innovation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$26.33. Forg Innovation Co's Cyclically Adjusted PS Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Forg Innovation Co was 0.99. The lowest was 0.37. And the median was 0.52.


Forg Innovation Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Cyclically Adjusted Revenue per Share Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 53.86 51.24 45.28

Forg Innovation Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 36.51 - 30.68 28.43 26.33

Competitive Comparison of Forg Innovation Co's Cyclically Adjusted Revenue per Share

For the Farm Products subindustry, Forg Innovation 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.


Forg Innovation Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forg Innovation Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Forg Innovation 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, Forg Innovation 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)
=0.004/131.7762*131.7762
=0.004

Current CPI (Mar. 2024) = 131.7762.

Forg Innovation Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 14.900 98.326 19.969
201403 24.071 99.695 31.817
201406 16.735 100.560 21.930
201409 19.188 100.428 25.178
201412 15.782 99.070 20.992
201503 17.691 99.621 23.401
201506 10.441 100.684 13.665
201509 8.128 100.392 10.669
201512 7.506 99.792 9.912
201603 8.995 100.470 11.798
201606 6.109 101.688 7.917
201609 8.331 101.861 10.778
201612 10.883 101.863 14.079
201703 3.869 102.862 4.957
201706 2.647 103.349 3.375
201709 6.287 104.136 7.956
201712 4.549 104.011 5.763
201803 2.291 105.290 2.867
201806 2.814 106.317 3.488
201809 0.889 106.507 1.100
201812 0.768 105.998 0.955
201903 0.256 107.251 0.315
201906 0.821 108.070 1.001
201909 0.047 108.329 0.057
201912 0.266 108.420 0.323
202003 0.085 108.902 0.103
202006 0.072 108.767 0.087
202009 0.677 109.815 0.812
202012 0.227 109.897 0.272
202103 0.375 111.754 0.442
202106 0.172 114.631 0.198
202109 0.294 115.734 0.335
202112 0.159 117.630 0.178
202203 0.019 121.301 0.021
202206 0.009 125.017 0.009
202209 0.005 125.227 0.005
202303 0.000 127.348 0.000
202306 0.001 128.729 0.001
202309 0.002 129.860 0.002
202403 0.004 131.776 0.004

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


Forg Innovation Co  (ROCO:4712) 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.

Forg Innovation Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.40/26.33
=0.43

* 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 Forg Innovation Co was 0.99. The lowest was 0.37. And the median was 0.52.


Be Aware

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


Forg Innovation Co Cyclically Adjusted Revenue per Share Related Terms

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


Forg Innovation Co (ROCO:4712) Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

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