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Shin Tai Industry Co (TPE:1235) Cyclically Adjusted Revenue per Share : NT$0.81 (As of Dec. 2023)


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What is Shin Tai Industry 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.

Shin Tai Industry Co's adjusted revenue per share for the three months ended in Dec. 2023 was NT$1.317. 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$0.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Shin Tai Industry Co's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -11.80% 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 Tai Industry Co was -11.80% per year. The lowest was -17.90% per year. And the median was -14.85% per year.

As of today (2024-05-15), Shin Tai Industry Co's current stock price is NT$83.50. Shin Tai Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$0.81. Shin Tai Industry Co's Cyclically Adjusted PS Ratio of today is 103.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shin Tai Industry Co was 120.95. The lowest was 9.78. And the median was 31.39.


Shin Tai Industry Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shin Tai Industry 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.

Shin Tai Industry Co Cyclically Adjusted Revenue per Share Chart

Shin Tai Industry 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 1.43 1.18 0.97 0.79 0.81

Shin Tai Industry Co 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 0.79 0.77 0.74 0.74 0.81

Competitive Comparison of Shin Tai Industry Co's Cyclically Adjusted Revenue per Share

For the Farm Products subindustry, Shin Tai Industry 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.


Shin Tai Industry Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shin Tai Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Tai Industry Co's Cyclically Adjusted PS Ratio falls into.



Shin Tai Industry 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, Shin Tai Industry Co'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)
=1.317/129.4194*129.4194
=1.317

Current CPI (Dec. 2023) = 129.4194.

Shin Tai Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.261 99.695 0.339
201406 0.401 100.560 0.516
201409 0.283 100.428 0.365
201412 0.239 99.070 0.312
201503 0.151 99.621 0.196
201506 0.184 100.684 0.237
201509 0.210 100.392 0.271
201512 0.185 99.792 0.240
201603 0.084 100.470 0.108
201606 0.135 101.688 0.172
201609 0.154 101.861 0.196
201612 0.117 101.863 0.149
201703 0.073 102.862 0.092
201706 0.098 103.349 0.123
201709 0.105 104.136 0.130
201712 0.088 104.011 0.109
201803 0.042 105.290 0.052
201806 0.045 106.317 0.055
201809 0.063 106.507 0.077
201812 0.234 105.998 0.286
201903 0.032 107.251 0.039
201906 0.060 108.070 0.072
201909 0.239 108.329 0.286
201912 0.095 108.420 0.113
202003 0.031 108.902 0.037
202006 0.049 108.767 0.058
202009 0.332 109.815 0.391
202012 0.135 109.897 0.159
202103 0.026 111.754 0.030
202106 0.027 114.631 0.030
202109 0.201 115.734 0.225
202112 0.029 117.630 0.032
202203 0.030 121.301 0.032
202206 0.052 125.017 0.054
202209 0.272 125.227 0.281
202212 0.074 125.222 0.076
202303 0.157 127.348 0.160
202306 0.260 128.729 0.261
202309 0.474 129.860 0.472
202312 1.317 129.419 1.317

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


Shin Tai Industry Co  (TPE:1235) 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 Tai Industry Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=83.50/0.81
=103.09

* 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 Tai Industry Co was 120.95. The lowest was 9.78. And the median was 31.39.


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 Tai Industry Co Cyclically Adjusted Revenue per Share Related Terms

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


Shin Tai Industry Co (TPE:1235) Business Description

Traded in Other Exchanges
N/A
Address
10 Kao-Nang Highway, Jen-Wuh, Kaohsiung, Hsien, TWN
Shin Tai Industry Co Ltd operates in the farm products industry. The company is engaged in livestock, aquatic products and pet feed, and grain manufacturing.

Shin Tai Industry Co (TPE:1235) Headlines

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