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Fortune Electric Co (TPE:1519) Cyclically Adjusted Revenue per Share : NT$32.49 (As of Jun. 2024)


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What is Fortune Electric 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.

Fortune Electric Co's adjusted revenue per share for the three months ended in Jun. 2024 was NT$14.688. 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$32.49 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Fortune Electric Co's average Cyclically Adjusted Revenue Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% 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 Fortune Electric Co was 11.70% per year. The lowest was 8.50% per year. And the median was 10.10% per year.

As of today (2024-09-23), Fortune Electric Co's current stock price is NT$606.00. Fortune Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$32.49. Fortune Electric Co's Cyclically Adjusted PS Ratio of today is 18.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fortune Electric Co was 27.52. The lowest was 0.94. And the median was 1.75.


Fortune Electric Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fortune Electric 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.

Fortune Electric Co Cyclically Adjusted Revenue per Share Chart

Fortune Electric 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 20.72 21.60 24.21 26.49 30.11

Fortune Electric Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 27.79 28.84 30.11 31.28 32.49

Competitive Comparison of Fortune Electric Co's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Fortune Electric 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.


Fortune Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Fortune Electric Co's Cyclically Adjusted PS Ratio falls into.



Fortune Electric 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, Fortune Electric Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=14.688/132.5538*132.5538
=14.688

Current CPI (Jun. 2024) = 132.5538.

Fortune Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 4.458 100.428 5.884
201412 6.469 99.070 8.655
201503 3.575 99.621 4.757
201506 4.666 100.684 6.143
201509 4.492 100.392 5.931
201512 7.152 99.792 9.500
201603 3.607 100.470 4.759
201606 6.758 101.688 8.809
201609 4.851 101.861 6.313
201612 4.679 101.863 6.089
201703 4.128 102.862 5.320
201706 4.736 103.349 6.074
201709 4.566 104.136 5.812
201712 7.282 104.011 9.280
201803 4.345 105.290 5.470
201806 4.114 106.317 5.129
201809 6.549 106.507 8.151
201812 6.263 105.998 7.832
201903 4.280 107.251 5.290
201906 5.221 108.070 6.404
201909 4.916 108.329 6.015
201912 10.550 108.420 12.898
202003 5.814 108.902 7.077
202006 6.261 108.767 7.630
202009 8.332 109.815 10.057
202012 9.047 109.897 10.912
202103 5.548 111.754 6.581
202106 8.401 114.631 9.714
202109 6.996 115.734 8.013
202112 10.515 117.630 11.849
202203 4.859 121.301 5.310
202206 7.111 125.017 7.540
202209 5.741 125.227 6.077
202212 9.170 125.222 9.707
202303 5.351 127.348 5.570
202306 9.804 128.729 10.095
202309 12.686 129.860 12.949
202312 19.469 129.419 19.941
202403 10.566 131.776 10.628
202406 14.688 132.554 14.688

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


Fortune Electric Co  (TPE:1519) 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.

Fortune Electric Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=606.00/32.49
=18.65

* 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 Fortune Electric Co was 27.52. The lowest was 0.94. And the median was 1.75.


Be Aware

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


Fortune Electric Co Cyclically Adjusted Revenue per Share Related Terms

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


Fortune Electric Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063
Fortune Electric Co Ltd is engaged in manufactures, processes, and trades of transformers, distribution panels, low voltage switches, and substation equipment. The company's operating segment includes Electrical and Mechanical Department and Turnkey Department. It generates maximum revenue from the Electrical and Mechanical department segment. The company's products include cast resin transformer, amorphous metal alloy core transformer, power transformer, distribution transformer, metal-clad switchgear, GIS, switchgear panel, motor control center, gas switch, and transmission and distribution apparatus.

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