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Micro-Star International Co (TPE:2377) Cyclically Adjusted Revenue per Share : NT$202.54 (As of Mar. 2025)


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What is Micro-Star International 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.

Micro-Star International Co's adjusted revenue per share for the three months ended in Mar. 2025 was NT$63.057. 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$202.54 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Micro-Star International Co's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.90% 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 Micro-Star International Co was 14.60% per year. The lowest was 10.90% per year. And the median was 12.80% per year.

As of today (2025-05-25), Micro-Star International Co's current stock price is NT$134.00. Micro-Star International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$202.54. Micro-Star International Co's Cyclically Adjusted PS Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Micro-Star International Co was 1.51. The lowest was 0.63. And the median was 0.92.


Micro-Star International Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Micro-Star International 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.

Micro-Star International Co Cyclically Adjusted Revenue per Share Chart

Micro-Star International Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.57 144.41 165.23 181.38 196.83

Micro-Star International Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 187.10 190.49 193.96 196.83 202.54

Competitive Comparison of Micro-Star International Co's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Micro-Star International 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.


Micro-Star International Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Micro-Star International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Micro-Star International Co's Cyclically Adjusted PS Ratio falls into.


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Micro-Star International 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, Micro-Star International Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=63.057/134.9266*134.9266
=63.057

Current CPI (Mar. 2025) = 134.9266.

Micro-Star International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 21.590 100.684 28.933
201509 26.408 100.392 35.492
201512 28.252 99.792 38.199
201603 27.510 100.470 36.945
201606 26.768 101.688 35.518
201609 34.950 101.861 46.295
201612 31.002 101.863 41.065
201703 28.798 102.862 37.775
201706 27.255 103.349 35.583
201709 34.278 104.136 44.413
201712 34.602 104.011 44.887
201803 37.318 105.290 47.822
201806 33.490 106.317 42.502
201809 33.925 106.507 42.977
201812 34.829 105.998 44.334
201903 34.594 107.251 43.521
201906 30.814 108.070 38.472
201909 38.683 108.329 48.181
201912 37.462 108.420 46.621
202003 33.410 108.902 41.394
202006 41.696 108.767 51.724
202009 48.167 109.815 59.181
202012 49.042 109.897 60.212
202103 56.372 111.754 68.061
202106 54.626 114.631 64.297
202109 61.559 115.734 71.767
202112 64.618 117.630 74.120
202203 61.734 121.301 68.669
202206 56.665 125.017 61.157
202209 45.551 125.227 49.079
202212 46.075 125.222 49.646
202303 51.132 127.348 54.175
202306 48.821 128.729 51.172
202309 57.877 129.860 60.135
202312 57.953 129.419 60.419
202403 56.052 131.776 57.392
202406 55.147 132.554 56.134
202409 61.649 133.029 62.528
202412 60.768 133.157 61.576
202503 63.057 134.927 63.057

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


Micro-Star International Co  (TPE:2377) 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.

Micro-Star International Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=134.00/202.54
=0.66

* 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 Micro-Star International Co was 1.51. The lowest was 0.63. And the median was 0.92.


Be Aware

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


Micro-Star International Co Cyclically Adjusted Revenue per Share Related Terms

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


Micro-Star International Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras.

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