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Yuen Chang Stainless Steel Co (TPE:2069) Cyclically Adjusted Revenue per Share : NT$78.17 (As of Mar. 2024)


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What is Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$14.855. 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$78.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yuen Chang Stainless Steel Co's average Cyclically Adjusted Revenue Growth Rate was 0.40% 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.

As of today (2024-05-22), Yuen Chang Stainless Steel Co's current stock price is NT$16.85. Yuen Chang Stainless Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$78.17. Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Yuen Chang Stainless Steel Co was 0.27. The lowest was 0.20. And the median was 0.22.


Yuen Chang Stainless Steel Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co Cyclically Adjusted Revenue per Share Chart

Yuen Chang Stainless Steel 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 - - - - 77.25

Yuen Chang Stainless Steel Co 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 76.50 77.25 77.80 77.25 78.17

Competitive Comparison of Yuen Chang Stainless Steel Co's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Yuen Chang Stainless Steel 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.


Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio falls into.



Yuen Chang Stainless Steel 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, Yuen Chang Stainless Steel Co'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)
=14.855/131.7762*131.7762
=14.855

Current CPI (Mar. 2024) = 131.7762.

Yuen Chang Stainless Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 20.022 100.428 26.272
201412 20.014 99.070 26.621
201503 14.703 99.621 19.449
201506 18.523 100.684 24.243
201509 18.646 100.392 24.475
201512 16.260 99.792 21.471
201603 13.407 100.470 17.585
201606 14.471 101.688 18.753
201609 13.767 101.861 17.810
201612 14.894 101.863 19.268
201703 14.882 102.862 19.065
201706 15.903 103.349 20.277
201709 14.515 104.136 18.368
201712 14.149 104.011 17.926
201803 13.618 105.290 17.044
201806 16.759 106.317 20.772
201809 13.953 106.507 17.263
201812 11.049 105.998 13.736
201903 11.370 107.251 13.970
201906 15.577 108.070 18.994
201909 14.791 108.329 17.992
201912 13.903 108.420 16.898
202003 10.075 108.902 12.191
202006 10.838 108.767 13.131
202009 12.271 109.815 14.725
202012 14.137 109.897 16.952
202103 16.183 111.754 19.082
202106 22.179 114.631 25.496
202109 25.932 115.734 29.526
202112 25.385 117.630 28.438
202203 21.313 121.301 23.154
202206 23.274 125.017 24.532
202209 20.597 125.227 21.674
202212 16.333 125.222 17.188
202303 17.704 127.348 18.320
202306 18.637 128.729 19.078
202309 18.250 129.860 18.519
202312 16.695 129.419 16.999
202403 14.855 131.776 14.855

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


Yuen Chang Stainless Steel Co  (TPE:2069) 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.

Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=16.85/78.17
=0.22

* 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 Yuen Chang Stainless Steel Co was 0.27. The lowest was 0.20. And the median was 0.22.


Be Aware

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


Yuen Chang Stainless Steel Co Cyclically Adjusted Revenue per Share Related Terms

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


Yuen Chang Stainless Steel Co (TPE:2069) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 235, Zhongzheng 4th Road, 13th Floor, ChianJin Chiu, Kaohsiung, TWN
Yuen Chang Stainless Steel Co Ltd is a Taiwan-based steel company. It is engaged in stainless steel shearing, splitting, surface treatment, processing and trading, and import & export of stainless steel products. The company's products include stainless steel coils, plates, sheets, and strips.

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