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Li Ming Development Construction Co (ROCO:6212) Cyclically Adjusted Revenue per Share : NT$33.56 (As of Mar. 2024)


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What is Li Ming Development Construction 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.

Li Ming Development Construction Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$22.328. 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$33.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Li Ming Development Construction Co's average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% 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 Li Ming Development Construction Co was 14.00% per year. The lowest was 13.00% per year. And the median was 13.50% per year.

As of today (2024-05-30), Li Ming Development Construction Co's current stock price is NT$75.90. Li Ming Development Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$33.56. Li Ming Development Construction Co's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Li Ming Development Construction Co was 3.46. The lowest was 1.53. And the median was 2.31.


Li Ming Development Construction Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Li Ming Development Construction 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.

Li Ming Development Construction Co Cyclically Adjusted Revenue per Share Chart

Li Ming Development Construction 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 18.12 21.81 26.64 26.83 31.48

Li Ming Development Construction 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 27.70 27.20 26.68 31.48 33.56

Competitive Comparison of Li Ming Development Construction Co's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Li Ming Development Construction 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.


Li Ming Development Construction Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Li Ming Development Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Li Ming Development Construction Co's Cyclically Adjusted PS Ratio falls into.



Li Ming Development Construction 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, Li Ming Development Construction 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)
=22.328/131.7762*131.7762
=22.328

Current CPI (Mar. 2024) = 131.7762.

Li Ming Development Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.015 100.560 0.020
201409 0.015 100.428 0.020
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 11.266 100.684 14.745
201509 1.444 100.392 1.895
201512 21.597 99.792 28.519
201603 13.078 100.470 17.153
201606 1.893 101.688 2.453
201609 4.563 101.861 5.903
201612 4.393 101.863 5.683
201703 4.141 102.862 5.305
201706 4.380 103.349 5.585
201709 3.303 104.136 4.180
201712 4.003 104.011 5.072
201803 24.615 105.290 30.807
201806 11.722 106.317 14.529
201809 1.052 106.507 1.302
201812 0.007 105.998 0.009
201903 0.007 107.251 0.009
201906 1.497 108.070 1.825
201909 0.007 108.329 0.009
201912 5.237 108.420 6.365
202003 1.558 108.902 1.885
202006 0.010 108.767 0.012
202009 6.844 109.815 8.213
202012 24.027 109.897 28.811
202103 5.288 111.754 6.235
202106 0.007 114.631 0.008
202109 17.294 115.734 19.691
202112 9.568 117.630 10.719
202203 8.500 121.301 9.234
202206 0.010 125.017 0.011
202209 0.007 125.227 0.007
202212 3.544 125.222 3.730
202303 3.532 127.348 3.655
202306 0.011 128.729 0.011
202309 0.083 129.860 0.084
202312 51.816 129.419 52.760
202403 22.328 131.776 22.328

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


Li Ming Development Construction Co  (ROCO:6212) 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.

Li Ming Development Construction Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=75.90/33.56
=2.26

* 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 Li Ming Development Construction Co was 3.46. The lowest was 1.53. And the median was 2.31.


Be Aware

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


Li Ming Development Construction Co Cyclically Adjusted Revenue per Share Related Terms

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


Li Ming Development Construction Co (ROCO:6212) Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, 7th Floor, No. 419, Section 2, Hsinchu, TWN, 30069
Li Ming Development Construction Co Ltd is engaged in the development, leasing, and sale of residential and commercial buildings, as well as the wholesale and retail of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from the sales of lands and apartments.

Li Ming Development Construction Co (ROCO:6212) Headlines

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