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Aerospace Industrial Development (TPE:2634) Cyclically Adjusted Revenue per Share : NT$35.41 (As of Mar. 2024)


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What is Aerospace Industrial Development 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.

Aerospace Industrial Development's adjusted revenue per share for the three months ended in Mar. 2024 was NT$11.189. 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$35.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aerospace Industrial Development's average Cyclically Adjusted Revenue Growth Rate was 6.40% 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 (2024-05-20), Aerospace Industrial Development's current stock price is NT$57.00. Aerospace Industrial Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$35.41. Aerospace Industrial Development's Cyclically Adjusted PS Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aerospace Industrial Development was 1.91. The lowest was 0.94. And the median was 1.40.


Aerospace Industrial Development Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Cyclically Adjusted Revenue per Share Chart

Aerospace Industrial Development 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 - - - 32.49 34.45

Aerospace Industrial Development 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 33.27 33.79 34.35 34.45 35.41

Competitive Comparison of Aerospace Industrial Development's Cyclically Adjusted Revenue per Share

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.


Aerospace Industrial Development's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aerospace Industrial Development 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, Aerospace Industrial Development'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)
=11.189/131.7762*131.7762
=11.189

Current CPI (Mar. 2024) = 131.7762.

Aerospace Industrial Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.736 100.560 7.517
201409 6.460 100.428 8.476
201412 8.373 99.070 11.137
201503 6.183 99.621 8.179
201506 7.355 100.684 9.626
201509 7.655 100.392 10.048
201512 7.263 99.792 9.591
201603 6.695 100.470 8.781
201606 7.695 101.688 9.972
201609 6.961 101.861 9.005
201612 7.250 101.863 9.379
201703 6.262 102.862 8.022
201706 6.905 103.349 8.804
201709 7.403 104.136 9.368
201712 8.616 104.011 10.916
201803 6.556 105.290 8.205
201806 6.909 106.317 8.563
201809 7.469 106.507 9.241
201812 8.820 105.998 10.965
201903 6.417 107.251 7.884
201906 7.500 108.070 9.145
201909 7.855 108.329 9.555
201912 8.415 108.420 10.228
202003 5.937 108.902 7.184
202006 4.645 108.767 5.628
202009 4.305 109.815 5.166
202012 6.413 109.897 7.690
202103 4.946 111.754 5.832
202106 6.331 114.631 7.278
202109 5.902 115.734 6.720
202112 7.859 117.630 8.804
202203 6.116 121.301 6.644
202206 7.737 125.017 8.155
202209 8.562 125.227 9.010
202212 9.477 125.222 9.973
202303 10.522 127.348 10.888
202306 10.000 128.729 10.237
202309 10.589 129.860 10.745
202312 10.199 129.419 10.385
202403 11.189 131.776 11.189

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


Aerospace Industrial Development  (TPE:2634) 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.

Aerospace Industrial Development's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.00/35.41
=1.61

* 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 Aerospace Industrial Development was 1.91. The lowest was 0.94. And the median was 1.40.


Be Aware

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


Aerospace Industrial Development Cyclically Adjusted Revenue per Share Related Terms

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


Aerospace Industrial Development (TPE:2634) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803
Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's products and services include Commercial Aircraft, Military Aircraft, Engines, Aircraft Maintenance & Avionics, and Flight & Technology Services. Its geographical segments are Asia, America, and Europe.

Aerospace Industrial Development (TPE:2634) Headlines

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