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Airtac International Group (TPE:1590) Cyclically Adjusted Revenue per Share : NT$108.15 (As of Mar. 2024)


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What is Airtac International Group 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.

Airtac International Group's adjusted revenue per share for the three months ended in Mar. 2024 was NT$36.012. 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$108.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Airtac International Group's average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% 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 Airtac International Group was 15.90% per year. The lowest was 12.00% per year. And the median was 13.95% per year.

As of today (2024-05-22), Airtac International Group's current stock price is NT$1135.00. Airtac International Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$108.15. Airtac International Group's Cyclically Adjusted PS Ratio of today is 10.49.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Airtac International Group was 15.31. The lowest was 5.36. And the median was 9.81.


Airtac International Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Airtac International Group'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.

Airtac International Group Cyclically Adjusted Revenue per Share Chart

Airtac International Group 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 66.40 73.94 88.72 103.33 103.97

Airtac International Group 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 107.45 98.83 101.95 103.97 108.15

Competitive Comparison of Airtac International Group's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Airtac International Group's Cyclically Adjusted PS Ratio falls into.



Airtac International Group 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, Airtac International Group'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)
=36.012/131.7762*131.7762
=36.012

Current CPI (Mar. 2024) = 131.7762.

Airtac International Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.920 100.560 16.931
201409 11.647 100.428 15.283
201412 11.144 99.070 14.823
201503 10.182 99.621 13.468
201506 13.283 100.684 17.385
201509 12.713 100.392 16.687
201512 11.771 99.792 15.544
201603 12.373 100.470 16.228
201606 15.954 101.688 20.675
201609 15.311 101.861 19.808
201612 14.621 101.863 18.915
201703 15.500 102.862 19.857
201706 19.836 103.349 25.292
201709 20.685 104.136 26.175
201712 18.044 104.011 22.861
201803 18.853 105.290 23.596
201806 23.869 106.317 29.585
201809 20.082 106.507 24.847
201812 18.685 105.998 23.229
201903 17.644 107.251 21.679
201906 23.030 108.070 28.082
201909 21.065 108.329 25.624
201912 21.391 108.420 25.999
202003 16.506 108.902 19.973
202006 27.915 108.767 33.820
202009 27.624 109.815 33.148
202012 27.226 109.897 32.646
202103 31.377 111.754 36.998
202106 37.218 114.631 42.784
202109 35.258 115.734 40.145
202112 29.071 117.630 32.567
202203 32.536 121.301 35.346
202206 36.118 125.017 38.071
202209 30.360 125.227 31.948
202212 31.308 125.222 32.947
202303 34.517 127.348 35.717
202306 40.007 128.729 40.954
202309 37.827 129.860 38.385
202312 36.753 129.419 37.422
202403 36.012 131.776 36.012

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


Airtac International Group  (TPE:1590) 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.

Airtac International Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1135.00/108.15
=10.49

* 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 Airtac International Group was 15.31. The lowest was 5.36. And the median was 9.81.


Be Aware

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


Airtac International Group Cyclically Adjusted Revenue per Share Related Terms

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


Airtac International Group (TPE:1590) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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