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Hitron Technologies (TPE:2419) Cyclically Adjusted Revenue per Share : NT$42.63 (As of Mar. 2024)


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What is Hitron Technologies 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.

Hitron Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was NT$6.566. 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$42.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hitron Technologies's average Cyclically Adjusted Revenue Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% 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 Hitron Technologies was 2.00% per year. The lowest was 0.30% per year. And the median was 1.15% per year.

As of today (2024-05-15), Hitron Technologies's current stock price is NT$30.90. Hitron Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$42.63. Hitron Technologies's Cyclically Adjusted PS Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hitron Technologies was 1.14. The lowest was 0.37. And the median was 0.57.


Hitron Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hitron Technologies'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.

Hitron Technologies Cyclically Adjusted Revenue per Share Chart

Hitron Technologies 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 42.20 40.39 41.27 42.57 42.82

Hitron Technologies 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 43.40 43.45 43.44 42.82 42.63

Competitive Comparison of Hitron Technologies's Cyclically Adjusted Revenue per Share

For the Communication Equipment subindustry, Hitron Technologies'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.


Hitron Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Hitron Technologies 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, Hitron Technologies'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)
=6.566/129.4194*129.4194
=6.566

Current CPI (Mar. 2024) = 129.4194.

Hitron Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.490 100.560 7.066
201409 6.839 100.428 8.813
201412 8.537 99.070 11.152
201503 8.584 99.621 11.152
201506 9.429 100.684 12.120
201509 9.008 100.392 11.613
201512 13.623 99.792 17.667
201603 10.000 100.470 12.881
201606 8.953 101.688 11.395
201609 8.711 101.861 11.068
201612 11.808 101.863 15.002
201703 8.739 102.862 10.995
201706 9.610 103.349 12.034
201709 9.022 104.136 11.213
201712 8.285 104.011 10.309
201803 7.452 105.290 9.160
201806 6.785 106.317 8.259
201809 12.210 106.507 14.837
201812 14.883 105.998 18.172
201903 11.525 107.251 13.907
201906 12.622 108.070 15.116
201909 10.934 108.329 13.063
201912 10.353 108.420 12.358
202003 4.516 108.902 5.367
202006 7.894 108.767 9.393
202009 9.475 109.815 11.167
202012 10.132 109.897 11.932
202103 8.777 111.754 10.164
202106 7.173 114.631 8.098
202109 6.479 115.734 7.245
202112 7.332 117.630 8.067
202203 7.578 121.301 8.085
202206 9.366 125.017 9.696
202209 9.686 125.227 10.010
202212 11.302 125.222 11.681
202303 8.744 127.348 8.886
202306 8.509 128.729 8.555
202309 5.198 129.860 5.180
202312 6.872 129.419 6.872
202403 6.566 129.419 6.566

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


Hitron Technologies  (TPE:2419) 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.

Hitron Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=30.90/42.63
=0.72

* 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 Hitron Technologies was 1.14. The lowest was 0.37. And the median was 0.57.


Be Aware

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


Hitron Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Hitron Technologies (TPE:2419) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1-8, Lihsin 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Hitron Technologies Inc manufactures and distributes communication and telecommunication products. The Company is mainly engaged in integrating communication systems, and producing and selling electronic and telecom communication products. Its products include cable modems, wireless gateway, and IPTV, among others. The majority is from the Sales revenue.

Hitron Technologies (TPE:2419) Headlines

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