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Changs Ascending Enterprise Co (ROCO:8038) Cyclically Adjusted Revenue per Share : NT$3.17 (As of Mar. 2025)


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What is Changs Ascending Enterprise 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.

Changs Ascending Enterprise Co's adjusted revenue per share for the three months ended in Mar. 2025 was NT$0.605. 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$3.17 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Changs Ascending Enterprise Co's average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% 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 Changs Ascending Enterprise Co was 8.30% per year. The lowest was 6.90% per year. And the median was 7.60% per year.

As of today (2025-05-29), Changs Ascending Enterprise Co's current stock price is NT$29.65. Changs Ascending Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$3.17. Changs Ascending Enterprise Co's Cyclically Adjusted PS Ratio of today is 9.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Changs Ascending Enterprise Co was 22.73. The lowest was 6.07. And the median was 13.99.


Changs Ascending Enterprise Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Changs Ascending Enterprise 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.

Changs Ascending Enterprise Co Cyclically Adjusted Revenue per Share Chart

Changs Ascending Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.44 2.59 2.96 3.10

Changs Ascending Enterprise Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.00 2.96 3.01 3.10 3.17

Competitive Comparison of Changs Ascending Enterprise Co's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Changs Ascending Enterprise 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.


Changs Ascending Enterprise Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changs Ascending Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Changs Ascending Enterprise Co's Cyclically Adjusted PS Ratio falls into.


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Changs Ascending Enterprise 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, Changs Ascending Enterprise Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.605/134.9266*134.9266
=0.605

Current CPI (Mar. 2025) = 134.9266.

Changs Ascending Enterprise Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.340 100.684 0.456
201509 0.207 100.392 0.278
201512 0.513 99.792 0.694
201603 1.088 100.470 1.461
201606 1.016 101.688 1.348
201609 0.669 101.861 0.886
201612 0.211 101.863 0.279
201703 0.084 102.862 0.110
201706 0.098 103.349 0.128
201709 0.065 104.136 0.084
201712 0.068 104.011 0.088
201803 0.067 105.290 0.086
201806 0.089 106.317 0.113
201809 0.237 106.507 0.300
201812 0.995 105.998 1.267
201903 1.549 107.251 1.949
201906 1.343 108.070 1.677
201909 1.427 108.329 1.777
201912 1.262 108.420 1.571
202003 0.853 108.902 1.057
202006 0.856 108.767 1.062
202009 0.396 109.815 0.487
202012 0.297 109.897 0.365
202103 0.202 111.754 0.244
202106 0.124 114.631 0.146
202109 0.513 115.734 0.598
202112 0.271 117.630 0.311
202203 0.284 121.301 0.316
202206 0.344 125.017 0.371
202209 0.764 125.227 0.823
202212 2.108 125.222 2.271
202303 1.670 127.348 1.769
202306 2.195 128.729 2.301
202309 0.470 129.860 0.488
202312 0.995 129.419 1.037
202403 0.361 131.776 0.370
202406 0.213 132.554 0.217
202409 0.813 133.029 0.825
202412 1.442 133.157 1.461
202503 0.605 134.927 0.605

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


Changs Ascending Enterprise Co  (ROCO:8038) 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.

Changs Ascending Enterprise Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.65/3.17
=9.35

* 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 Changs Ascending Enterprise Co was 22.73. The lowest was 6.07. And the median was 13.99.


Be Aware

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


Changs Ascending Enterprise Co Cyclically Adjusted Revenue per Share Related Terms

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


Changs Ascending Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Keya East Road, Central Science Park, Xitun District, Taichung, TWN
Changs Ascending Enterprise Co Ltd is primarily engaged in the manufacturing, research, and development of lithium-iron batteries and its materials, as well as technology transfer and leasing and sales of battery modules. Its products are used in electronic storage systems, uninterruptible power supplies, smart grids, e-vehicles, forklifts, starter batteries, LED lighting and portable power units.

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