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Tainet Communication System (ROCO:4905) Cyclically Adjusted Revenue per Share : NT$3.47 (As of Mar. 2024)


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What is Tainet Communication System 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.

Tainet Communication System's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.150. 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$3.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tainet Communication System's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.00% 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 Tainet Communication System was -9.00% per year. The lowest was -13.10% per year. And the median was -11.05% per year.

As of today (2024-05-16), Tainet Communication System's current stock price is NT$99.70. Tainet Communication System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$3.47. Tainet Communication System's Cyclically Adjusted PS Ratio of today is 28.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tainet Communication System was 28.23. The lowest was 9.60. And the median was 13.88.


Tainet Communication System Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tainet Communication System'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.

Tainet Communication System Cyclically Adjusted Revenue per Share Chart

Tainet Communication System 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 5.29 4.24 3.83 3.47 3.19

Tainet Communication System 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 3.43 3.34 3.29 3.19 3.47

Competitive Comparison of Tainet Communication System's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Tainet Communication System'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.


Tainet Communication System's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Tainet Communication System's Cyclically Adjusted PS Ratio falls into.



Tainet Communication System 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, Tainet Communication System'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)
=4.15/131.7762*131.7762
=4.150

Current CPI (Mar. 2024) = 131.7762.

Tainet Communication System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.867 100.560 1.136
201409 0.974 100.428 1.278
201412 1.446 99.070 1.923
201503 0.584 99.621 0.773
201506 0.550 100.684 0.720
201509 0.869 100.392 1.141
201512 0.733 99.792 0.968
201603 0.560 100.470 0.734
201606 0.622 101.688 0.806
201609 0.717 101.861 0.928
201612 0.786 101.863 1.017
201703 0.527 102.862 0.675
201706 0.489 103.349 0.624
201709 0.579 104.136 0.733
201712 0.760 104.011 0.963
201803 0.584 105.290 0.731
201806 0.545 106.317 0.676
201809 0.641 106.507 0.793
201812 0.776 105.998 0.965
201903 0.262 107.251 0.322
201906 0.565 108.070 0.689
201909 0.690 108.329 0.839
201912 0.390 108.420 0.474
202003 0.337 108.902 0.408
202006 0.651 108.767 0.789
202009 0.342 109.815 0.410
202012 0.485 109.897 0.582
202103 0.428 111.754 0.505
202106 0.475 114.631 0.546
202109 0.434 115.734 0.494
202112 0.505 117.630 0.566
202203 0.568 121.301 0.617
202206 0.870 125.017 0.917
202209 0.757 125.227 0.797
202212 0.597 125.222 0.628
202303 0.616 127.348 0.637
202306 0.794 128.729 0.813
202309 1.528 129.860 1.551
202312 0.971 129.419 0.989
202403 4.150 131.776 4.150

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


Tainet Communication System  (ROCO:4905) 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.

Tainet Communication System's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=99.70/3.47
=28.73

* 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 Tainet Communication System was 28.23. The lowest was 9.60. And the median was 13.88.


Be Aware

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


Tainet Communication System Cyclically Adjusted Revenue per Share Related Terms

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


Tainet Communication System (ROCO:4905) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.

Tainet Communication System (ROCO:4905) Headlines

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