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Ritek (TPE:2349) Cyclically Adjusted Revenue per Share : NT$15.93 (As of Mar. 2024)


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What is Ritek 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.

Ritek's adjusted revenue per share for the three months ended in Mar. 2024 was NT$2.715. 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$15.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ritek's average Cyclically Adjusted Revenue Growth Rate was -6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.30% 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 Ritek was -6.30% per year. The lowest was -7.30% per year. And the median was -6.80% per year.

As of today (2024-06-17), Ritek's current stock price is NT$9.10. Ritek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$15.93. Ritek's Cyclically Adjusted PS Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ritek was 0.94. The lowest was 0.33. And the median was 0.51.


Ritek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ritek'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.

Ritek Cyclically Adjusted Revenue per Share Chart

Ritek 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 21.52 19.42 18.09 17.12 15.97

Ritek 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 16.97 16.69 16.44 15.97 15.93

Competitive Comparison of Ritek's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Ritek'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.


Ritek's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ritek's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ritek 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, Ritek'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)
=2.715/131.7762*131.7762
=2.715

Current CPI (Mar. 2024) = 131.7762.

Ritek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.128 100.560 5.409
201409 4.324 100.428 5.674
201412 5.118 99.070 6.808
201503 4.280 99.621 5.661
201506 3.829 100.684 5.011
201509 3.932 100.392 5.161
201512 4.228 99.792 5.583
201603 4.015 100.470 5.266
201606 4.106 101.688 5.321
201609 3.733 101.861 4.829
201612 3.623 101.863 4.687
201703 3.413 102.862 4.372
201706 4.744 103.349 6.049
201709 3.564 104.136 4.510
201712 3.923 104.011 4.970
201803 3.371 105.290 4.219
201806 3.551 106.317 4.401
201809 3.485 106.507 4.312
201812 3.239 105.998 4.027
201903 2.943 107.251 3.616
201906 2.826 108.070 3.446
201909 2.782 108.329 3.384
201912 2.701 108.420 3.283
202003 2.267 108.902 2.743
202006 2.142 108.767 2.595
202009 2.585 109.815 3.102
202012 2.472 109.897 2.964
202103 2.551 111.754 3.008
202106 2.714 114.631 3.120
202109 2.843 115.734 3.237
202112 2.615 117.630 2.929
202203 2.291 121.301 2.489
202206 2.696 125.017 2.842
202209 3.009 125.227 3.166
202212 2.911 125.222 3.063
202303 2.526 127.348 2.614
202306 2.846 128.729 2.913
202309 2.825 129.860 2.867
202312 2.876 129.419 2.928
202403 2.715 131.776 2.715

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


Ritek  (TPE:2349) 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.

Ritek's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.10/15.93
=0.57

* 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 Ritek was 0.94. The lowest was 0.33. And the median was 0.51.


Be Aware

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


Ritek Cyclically Adjusted Revenue per Share Related Terms

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


Ritek (TPE:2349) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ritek Corp (TPE:2349) » Definitions » Cyclically Adjusted Revenue per Share
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Address
No. 42, Kuangfu North Road, Hsinchu Industrial Park, Hsinchu, TWN, 30351
Ritek Corp is a Taiwan-based company that manufactures and distributes optical products under RIDATA and Traxdata brands. Its product portfolio includes pre-recorded and recordable media such as compact discs and digital video discs, flash memory products such as USB drives, portable hard drives, power banks, photovoltaic modules, sapphire substrates, bio discs, and light-emitting diodes. The firm has operations in the Netherlands, the United States, Taiwan, China, Vietnam, South Korea, and other countries in the Asia-Pacific region.

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