Shin HsiungNatural Gas (ROCO:8908) Cyclically Adjusted Revenue per Share: NT$26.81 (As of Dec. 2025)

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ROCO:8908 Shin HsiungNatural Gas Inc ROCO:8908
82 GF Score
Price NT$39.15
GF Value NT$77.61
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share?

Shin HsiungNatural Gas ROCO:8908 -0.51% 82 Cyclically Adjusted Revenue per Share is NT$26.81 as of Dec. 2025. GuruFocus rates ROCO:8908 with a GF Score™ of 82/100 and a GF Value™ of NT$77.61 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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.

Shin HsiungNatural Gas's adjusted revenue per share for the three months ended in Dec. 2025 was NT$7.918. 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$26.81 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Shin HsiungNatural Gas's average Cyclically Adjusted Revenue Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Shin HsiungNatural Gas was 10.30% per year. The lowest was 4.30% per year. And the median was 6.55% per year.

As of today (2026-07-25), Shin HsiungNatural Gas's current stock price is NT$39.15. Shin HsiungNatural Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$26.81. Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shin HsiungNatural Gas was 2.76. The lowest was 1.35. And the median was 1.81.


Shin HsiungNatural Gas  (ROCO:8908) 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.

Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.15/26.81
=1.46

* 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 Shin HsiungNatural Gas was 2.76. The lowest was 1.35. And the median was 1.81.


Be Aware

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


Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Related Terms


Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Cyclically Adjusted Revenue per Share Chart

Shin HsiungNatural Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.68 23.62 24.23 25.04 26.81

Shin HsiungNatural Gas Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 25.04 25.63 26.16 26.60 26.81

ROCO:8908 vs ATO, NI, UGI: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Cyclically Adjusted PS Ratio falls into.


ROCO:8908
82GF Score
Shin HsiungNatural Gas Inc ROCO:8908
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin HsiungNatural Gas 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, Shin HsiungNatural Gas's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=7.918/324.0540*324.0540
=7.918

Current CPI (Dec. 2025) = 324.0540.

Shin HsiungNatural Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.082 238.132 5.555
201606 3.533 241.018 4.750
201609 3.715 241.428 4.986
201612 4.116 241.432 5.525
201703 4.060 243.801 5.396
201706 4.449 244.955 5.886
201709 4.804 246.819 6.307
201712 5.728 246.524 7.529
201803 5.647 249.554 7.333
201806 5.527 251.989 7.108
201809 5.931 252.439 7.614
201812 6.175 251.233 7.965
201903 6.469 254.202 8.247
201906 7.040 256.143 8.907
201909 6.569 256.759 8.291
201912 6.201 256.974 7.820
202003 5.972 258.115 7.498
202006 4.756 257.797 5.978
202009 4.513 260.280 5.619
202012 4.846 260.474 6.029
202103 4.773 264.877 5.839
202106 5.314 271.696 6.338
202109 5.243 274.310 6.194
202112 5.341 278.802 6.208
202203 6.275 287.504 7.073
202206 6.098 296.311 6.669
202209 5.585 296.808 6.098
202212 5.819 296.797 6.353
202303 5.466 301.836 5.868
202306 5.774 305.109 6.133
202309 5.350 307.789 5.633
202312 5.480 306.746 5.789
202403 5.472 312.332 5.677
202406 5.526 314.175 5.700
202409 6.292 315.301 6.467
202412 8.551 315.605 8.780
202503 8.461 319.799 8.574
202506 8.532 322.561 8.571
202509 7.932 324.800 7.914
202512 7.918 324.054 7.918

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

What does a Cyclically Adjusted Revenue per Share of NT$26.81 mean?
Shin HsiungNatural Gas (ROCO:8908) has a Cyclically Adjusted Revenue per Share of NT$26.81 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Shin HsiungNatural Gas and its competitors.
Is Shin HsiungNatural Gas' Cyclically Adjusted Revenue per Share too high?
Shin HsiungNatural Gas' current Cyclically Adjusted Revenue per Share is NT$26.81. Overall, Shin HsiungNatural Gas has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Cyclically Adjusted Revenue per Share compare to ATO and NI?
Shin HsiungNatural Gas' Cyclically Adjusted Revenue per Share of NT$26.81 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Shin HsiungNatural Gas and its competitors. Shin HsiungNatural Gas's current Cyclically Adjusted Revenue per Share is NT$26.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$77.61, compared to a current price of NT$39.15 — trading 49.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$26.81. Shin HsiungNatural Gas' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Shin HsiungNatural Gas (ROCO:8908), the current Cyclically Adjusted Revenue per Share is NT$26.81 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?

Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued. The current stock price of NT$39.15 is trading 49.6% below its estimated GF Value™ of NT$77.61. GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8908:

  • Cyclically Adjusted Revenue per Share: NT$26.81
  • GF Value™: NT$77.61 vs. price of NT$39.15 (49.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin HsiungNatural Gas Business Description

Address No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830061
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
82GF Score

Get the complete analysis for ROCO:8908

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$39.15
Price
NT$77.61
GF Value