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Taishin Financial Holdings Co (TPE:2887) Cyclically Adjusted Revenue per Share : NT$4.23 (As of Mar. 2024)


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What is Taishin Financial Holdings 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.

Taishin Financial Holdings Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$1.708. 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$4.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taishin Financial Holdings Co's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.70% 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 Taishin Financial Holdings Co was 5.50% per year. The lowest was 2.40% per year. And the median was 4.60% per year.

As of today (2024-06-09), Taishin Financial Holdings Co's current stock price is NT$18.80. Taishin Financial Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$4.23. Taishin Financial Holdings Co's Cyclically Adjusted PS Ratio of today is 4.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taishin Financial Holdings Co was 4.96. The lowest was 2.61. And the median was 3.58.


Taishin Financial Holdings Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taishin Financial Holdings 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.

Taishin Financial Holdings Co Cyclically Adjusted Revenue per Share Chart

Taishin Financial Holdings 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 3.55 3.53 3.79 4.06 4.15

Taishin Financial Holdings 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 4.15 4.16 4.17 4.15 4.23

Competitive Comparison of Taishin Financial Holdings Co's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Taishin Financial Holdings 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.


Taishin Financial Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Taishin Financial Holdings Co's Cyclically Adjusted PS Ratio falls into.



Taishin Financial Holdings 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, Taishin Financial Holdings 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)
=1.708/131.7762*131.7762
=1.708

Current CPI (Mar. 2024) = 131.7762.

Taishin Financial Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.045 100.560 1.369
201409 1.133 100.428 1.487
201412 0.931 99.070 1.238
201503 0.653 99.621 0.864
201506 0.627 100.684 0.821
201509 0.630 100.392 0.827
201512 0.533 99.792 0.704
201603 0.672 100.470 0.881
201606 0.611 101.688 0.792
201609 0.651 101.861 0.842
201612 0.583 101.863 0.754
201703 0.621 102.862 0.796
201706 0.578 103.349 0.737
201709 0.665 104.136 0.842
201712 0.691 104.011 0.875
201803 0.712 105.290 0.891
201806 0.679 106.317 0.842
201809 0.673 106.507 0.833
201812 0.658 105.998 0.818
201903 0.805 107.251 0.989
201906 0.704 108.070 0.858
201909 0.744 108.329 0.905
201912 0.807 108.420 0.981
202003 0.755 108.902 0.914
202006 0.829 108.767 1.004
202009 0.853 109.815 1.024
202012 0.807 109.897 0.968
202103 0.925 111.754 1.091
202106 0.829 114.631 0.953
202109 1.409 115.734 1.604
202112 1.322 117.630 1.481
202203 1.398 121.301 1.519
202206 0.886 125.017 0.934
202209 1.124 125.227 1.183
202212 1.528 125.222 1.608
202303 1.606 127.348 1.662
202306 1.189 128.729 1.217
202309 1.126 129.860 1.143
202312 1.336 129.419 1.360
202403 1.708 131.776 1.708

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


Taishin Financial Holdings Co  (TPE:2887) 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.

Taishin Financial Holdings Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.80/4.23
=4.44

* 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 Taishin Financial Holdings Co was 4.96. The lowest was 2.61. And the median was 3.58.


Be Aware

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


Taishin Financial Holdings Co Cyclically Adjusted Revenue per Share Related Terms

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


Taishin Financial Holdings Co (TPE:2887) Business Description

Traded in Other Exchanges
Address
No. 118, Section 4, Ren-ai Road, 12, 13, 15, 16, 21, 22 and 23 Floor, Daan District, Taipei, TWN, 106
Taishin Financial Holdings Co Ltd is a Taiwanese holding company that provides comprehensive financial services. The company's main business activities are investing and managing its investments in financial institutions. The operation departments of the company are subsidiaries of the bank business, securities business, insurance business and other businesses, respectively.

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