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Taitron Components (Taitron Components) Cyclically Adjusted Revenue per Share : $1.45 (As of Dec. 2023)


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What is Taitron Components 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.

Taitron Components's adjusted revenue per share for the three months ended in Dec. 2023 was $0.160. 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 $1.45 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Taitron Components was 3.70% per year. The lowest was -17.40% per year. And the median was -5.40% per year.

As of today (2024-05-01), Taitron Components's current stock price is $3.16. Taitron Components's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.45. Taitron Components's Cyclically Adjusted PS Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taitron Components was 4.78. The lowest was 0.61. And the median was 1.50.


Taitron Components Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taitron Components'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.

Taitron Components Cyclically Adjusted Revenue per Share Chart

Taitron Components 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 1.32 1.30 1.38 1.45 1.45

Taitron Components Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.45 1.47 1.47 1.47 1.45

Competitive Comparison of Taitron Components's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Taitron Components's Cyclically Adjusted PS Ratio falls into.



Taitron Components 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, Taitron Components's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.16/129.4194*129.4194
=0.160

Current CPI (Dec. 2023) = 129.4194.

Taitron Components Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.232 99.695 0.301
201406 0.290 100.560 0.373
201409 0.291 100.428 0.375
201412 0.238 99.070 0.311
201503 0.233 99.621 0.303
201506 0.275 100.684 0.353
201509 0.302 100.392 0.389
201512 0.215 99.792 0.279
201603 0.302 100.470 0.389
201606 0.325 101.688 0.414
201609 0.275 101.861 0.349
201612 0.304 101.863 0.386
201703 0.390 102.862 0.491
201706 0.303 103.349 0.379
201709 0.287 104.136 0.357
201712 0.332 104.011 0.413
201803 0.292 105.290 0.359
201806 0.379 106.317 0.461
201809 0.331 106.507 0.402
201812 0.440 105.998 0.537
201903 0.239 107.251 0.288
201906 0.304 108.070 0.364
201909 0.285 108.329 0.340
201912 0.335 108.420 0.400
202003 0.250 108.902 0.297
202006 0.223 108.767 0.265
202009 0.341 109.815 0.402
202012 0.331 109.897 0.390
202103 0.332 111.754 0.384
202106 0.325 114.631 0.367
202109 0.419 115.734 0.469
202112 0.389 117.630 0.428
202203 0.261 121.301 0.278
202206 0.465 125.017 0.481
202209 0.382 125.227 0.395
202212 0.286 125.222 0.296
202303 0.346 127.348 0.352
202306 0.247 128.729 0.248
202309 0.259 129.860 0.258
202312 0.160 129.419 0.160

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


Taitron Components  (NAS:TAIT) 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.

Taitron Components's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.16/1.45
=2.18

* 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 Taitron Components was 4.78. The lowest was 0.61. And the median was 1.50.


Be Aware

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


Taitron Components Cyclically Adjusted Revenue per Share Related Terms

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


Taitron Components (Taitron Components) Business Description

Industry
Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

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