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First Insurance Co (TPE:2852) Cyclically Adjusted Revenue per Share : NT$23.88 (As of Mar. 2024)


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What is First Insurance 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.

First Insurance Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$6.343. 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$23.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Insurance Co's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% 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 First Insurance Co was 7.30% per year. The lowest was 6.30% per year. And the median was 6.80% per year.

As of today (2024-05-14), First Insurance Co's current stock price is NT$24.95. First Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$23.88. First Insurance Co's Cyclically Adjusted PS Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Insurance Co was 1.05. The lowest was 0.58. And the median was 0.70.


First Insurance Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Insurance 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.

First Insurance Co Cyclically Adjusted Revenue per Share Chart

First Insurance Co 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 18.87 19.20 21.01 22.67 23.74

First Insurance Co 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 23.06 23.45 23.73 23.74 23.88

Competitive Comparison of First Insurance Co's Cyclically Adjusted Revenue per Share

For the Insurance - Property & Casualty subindustry, First Insurance 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.


First Insurance Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



First Insurance 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, First Insurance Co'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)
=6.343/129.4194*129.4194
=6.343

Current CPI (Mar. 2024) = 129.4194.

First Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.716 100.560 4.782
201409 4.469 100.428 5.759
201412 4.259 99.070 5.564
201503 4.075 99.621 5.294
201506 4.329 100.684 5.565
201509 3.761 100.392 4.848
201512 4.608 99.792 5.976
201603 4.233 100.470 5.453
201606 4.591 101.688 5.843
201609 4.808 101.861 6.109
201612 4.919 101.863 6.250
201703 4.564 102.862 5.742
201706 6.325 103.349 7.921
201709 5.196 104.136 6.458
201712 4.920 104.011 6.122
201803 5.284 105.290 6.495
201806 5.526 106.317 6.727
201809 5.032 106.507 6.115
201812 4.490 105.998 5.482
201903 5.808 107.251 7.009
201906 4.013 108.070 4.806
201909 4.965 108.329 5.932
201912 5.161 108.420 6.161
202003 3.881 108.902 4.612
202006 5.292 108.767 6.297
202009 5.233 109.815 6.167
202012 5.042 109.897 5.938
202103 5.148 111.754 5.962
202106 5.218 114.631 5.891
202109 5.810 115.734 6.497
202112 5.501 117.630 6.052
202203 5.536 121.301 5.907
202206 5.820 125.017 6.025
202209 6.138 125.227 6.344
202212 5.507 125.222 5.692
202303 5.715 127.348 5.808
202306 6.324 128.729 6.358
202309 6.268 129.860 6.247
202312 6.206 129.419 6.206
202403 6.343 129.419 6.343

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


First Insurance Co  (TPE:2852) 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.

First Insurance Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.95/23.88
=1.04

* 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 First Insurance Co was 1.05. The lowest was 0.58. And the median was 0.70.


Be Aware

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


First Insurance Co Cyclically Adjusted Revenue per Share Related Terms

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


First Insurance Co (TPE:2852) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 54, Zhongxiao East Road, 11th Floor, Section 1, Taipei, TWN
First Insurance Co Ltd is engaged in the provision of insurance services. The company offers various insurance services such as fire, liability, and professional insurance such as medical malpractice insurance, hospital comprehensive liability insurance, directors, and officer's liability insurance, personal accident, motor, and marine transportation insurance, machinery and engineering insurance, and others. Additionally, it also renders reinsurance services.

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