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Union Bank of Taiwan (TPE:2838) Cyclically Adjusted Revenue per Share : NT$4.25 (As of Dec. 2024)


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What is Union Bank of Taiwan 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.

Union Bank of Taiwan's adjusted revenue per share for the three months ended in Dec. 2024 was NT$1.067. 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$4.25 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Union Bank of Taiwan's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% 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 Union Bank of Taiwan was 9.30% per year. The lowest was 6.80% per year. And the median was 7.95% per year.

As of today (2025-05-09), Union Bank of Taiwan's current stock price is NT$17.30. Union Bank of Taiwan's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was NT$4.25. Union Bank of Taiwan's Cyclically Adjusted PS Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Union Bank of Taiwan was 4.12. The lowest was 2.25. And the median was 3.19.


Union Bank of Taiwan Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Union Bank of Taiwan'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.

Union Bank of Taiwan Cyclically Adjusted Revenue per Share Chart

Union Bank of Taiwan 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 3.09 3.45 3.79 4.03 4.25

Union Bank of Taiwan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.03 4.13 4.19 4.24 4.25

Competitive Comparison of Union Bank of Taiwan's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Union Bank of Taiwan'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.


Union Bank of Taiwan's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bank of Taiwan's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Union Bank of Taiwan's Cyclically Adjusted PS Ratio falls into.


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Union Bank of Taiwan 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, Union Bank of Taiwan's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.067/133.1571*133.1571
=1.067

Current CPI (Dec. 2024) = 133.1571.

Union Bank of Taiwan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.677 99.621 0.905
201506 0.669 100.684 0.885
201509 0.774 100.392 1.027
201512 0.821 99.792 1.095
201603 0.658 100.470 0.872
201606 0.783 101.688 1.025
201609 0.735 101.861 0.961
201612 0.806 101.863 1.054
201703 0.741 102.862 0.959
201706 0.704 103.349 0.907
201709 0.834 104.136 1.066
201712 0.782 104.011 1.001
201803 0.746 105.290 0.943
201806 0.695 106.317 0.870
201809 0.864 106.507 1.080
201812 0.727 105.998 0.913
201903 0.841 107.251 1.044
201906 0.812 108.070 1.001
201909 0.926 108.329 1.138
201912 0.873 108.420 1.072
202003 0.766 108.902 0.937
202006 0.924 108.767 1.131
202009 0.932 109.815 1.130
202012 0.916 109.897 1.110
202103 0.962 111.754 1.146
202106 0.952 114.631 1.106
202109 1.058 115.734 1.217
202112 1.065 117.630 1.206
202203 1.007 121.301 1.105
202206 0.988 125.017 1.052
202209 1.097 125.227 1.166
202212 1.086 125.222 1.155
202303 1.099 127.348 1.149
202306 1.122 128.729 1.161
202309 1.099 129.860 1.127
202312 1.073 129.419 1.104
202403 1.147 131.776 1.159
202406 1.179 132.554 1.184
202409 1.266 133.029 1.267
202412 1.067 133.157 1.067

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


Union Bank of Taiwan  (TPE:2838) 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.

Union Bank of Taiwan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.30/4.25
=4.07

* 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 Union Bank of Taiwan was 4.12. The lowest was 2.25. And the median was 3.19.


Be Aware

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


Union Bank of Taiwan Cyclically Adjusted Revenue per Share Related Terms

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


Union Bank of Taiwan Business Description

Industry
Traded in Other Exchanges
Address
Minsheng East Road, Songshan District, 1st Floor, 2nd Floor, No. 109, Sec. 3, Taipei, TWN
Union Bank of Taiwan provides various banking products and services to its customers in Taiwan. Company's reportable segments are as follows, 1) Corporate banking unit includes Corporate banking, foreign exchange business, debt management and public treasury business, etc. 2) Consumer banking unit includes Consumer banking, financial management and loan business, credit card business and car-loan business, etc. 3) Wealth management and trust unit includes Wealth management and trust business, etc. 4) Investing unit includes Investing business in the financial market, etc. 5) Leasing unit includes Leasing of vehicles, buildings, etc.

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