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Taiwan Styrene Monomer (TPE:1310) Cyclically Adjusted Revenue per Share : NT$28.91 (As of Mar. 2024)


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What is Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.217. 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$28.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiwan Styrene Monomer's average Cyclically Adjusted Revenue Growth Rate was -7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.00% 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 Taiwan Styrene Monomer was -2.40% per year. The lowest was -3.00% per year. And the median was -2.50% per year.

As of today (2024-06-08), Taiwan Styrene Monomer's current stock price is NT$13.00. Taiwan Styrene Monomer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$28.91. Taiwan Styrene Monomer's Cyclically Adjusted PS Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Styrene Monomer was 0.73. The lowest was 0.38. And the median was 0.53.


Taiwan Styrene Monomer Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Cyclically Adjusted Revenue per Share Chart

Taiwan Styrene Monomer 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 34.09 31.45 31.55 31.58 29.27

Taiwan Styrene Monomer 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 31.34 30.82 30.25 29.27 28.91

Competitive Comparison of Taiwan Styrene Monomer's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Styrene Monomer's Cyclically Adjusted PS Ratio falls into.



Taiwan Styrene Monomer 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, Taiwan Styrene Monomer'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)
=4.217/131.7762*131.7762
=4.217

Current CPI (Mar. 2024) = 131.7762.

Taiwan Styrene Monomer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.800 100.560 11.532
201409 8.728 100.428 11.452
201412 5.638 99.070 7.499
201503 4.297 99.621 5.684
201506 7.956 100.684 10.413
201509 6.286 100.392 8.251
201512 6.347 99.792 8.381
201603 6.654 100.470 8.727
201606 6.201 101.688 8.036
201609 6.628 101.861 8.575
201612 7.166 101.863 9.270
201703 6.649 102.862 8.518
201706 6.730 103.349 8.581
201709 7.292 104.136 9.228
201712 7.179 104.011 9.095
201803 7.561 105.290 9.463
201806 7.715 106.317 9.562
201809 7.412 106.507 9.171
201812 6.419 105.998 7.980
201903 5.546 107.251 6.814
201906 6.265 108.070 7.639
201909 6.052 108.329 7.362
201912 5.217 108.420 6.341
202003 3.210 108.902 3.884
202006 3.621 108.767 4.387
202009 2.975 109.815 3.570
202012 4.827 109.897 5.788
202103 4.051 111.754 4.777
202106 6.458 114.631 7.424
202109 6.226 115.734 7.089
202112 5.413 117.630 6.064
202203 6.696 121.301 7.274
202206 7.283 125.017 7.677
202209 5.701 125.227 5.999
202212 4.706 125.222 4.952
202303 4.392 127.348 4.545
202306 4.410 128.729 4.514
202309 4.376 129.860 4.441
202312 4.792 129.419 4.879
202403 4.217 131.776 4.217

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


Taiwan Styrene Monomer  (TPE:1310) 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.

Taiwan Styrene Monomer's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.00/28.91
=0.45

* 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 Taiwan Styrene Monomer was 0.73. The lowest was 0.38. And the median was 0.53.


Be Aware

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


Taiwan Styrene Monomer Cyclically Adjusted Revenue per Share Related Terms

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


Taiwan Styrene Monomer (TPE:1310) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN
Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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