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Mercuries & Associates (TPE:2905) Cyclically Adjusted Revenue per Share : NT$243.10 (As of Mar. 2025)


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What is Mercuries & Associates 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.

Mercuries & Associates's adjusted revenue per share for the three months ended in Mar. 2025 was NT$36.597. 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$243.10 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mercuries & Associates's average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% 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 Mercuries & Associates was 6.60% per year. The lowest was 1.40% per year. And the median was 5.45% per year.

As of today (2025-05-28), Mercuries & Associates's current stock price is NT$12.85. Mercuries & Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$243.10. Mercuries & Associates's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mercuries & Associates was 0.12. The lowest was 0.05. And the median was 0.08.


Mercuries & Associates Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mercuries & Associates'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.

Mercuries & Associates Cyclically Adjusted Revenue per Share Chart

Mercuries & Associates 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 215.63 234.14 244.84 247.64 244.20

Mercuries & Associates Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 248.99 248.59 246.92 244.20 243.10

Competitive Comparison of Mercuries & Associates's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Mercuries & Associates'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.


Mercuries & Associates's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where Mercuries & Associates's Cyclically Adjusted PS Ratio falls into.


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Mercuries & Associates 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, Mercuries & Associates's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=36.597/134.9266*134.9266
=36.597

Current CPI (Mar. 2025) = 134.9266.

Mercuries & Associates Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 43.000 100.684 57.624
201509 48.111 100.392 64.661
201512 53.456 99.792 72.276
201603 60.321 100.470 81.008
201606 46.893 101.688 62.221
201609 56.008 101.861 74.189
201612 57.618 101.863 76.320
201703 64.627 102.862 84.773
201706 46.413 103.349 60.594
201709 61.148 104.136 79.228
201712 60.872 104.011 78.965
201803 64.085 105.290 82.124
201806 51.286 106.317 65.087
201809 55.716 106.507 70.583
201812 53.795 105.998 68.477
201903 65.903 107.251 82.909
201906 60.695 108.070 75.779
201909 59.323 108.329 73.888
201912 75.380 108.420 93.809
202003 63.139 108.902 78.228
202006 53.682 108.767 66.593
202009 50.453 109.815 61.990
202012 56.065 109.897 68.834
202103 48.352 111.754 58.378
202106 40.649 114.631 47.846
202109 42.762 115.734 49.853
202112 42.373 117.630 48.604
202203 44.589 121.301 49.598
202206 33.563 125.017 36.223
202209 37.588 125.227 40.500
202212 47.227 125.222 50.887
202303 47.056 127.348 49.856
202306 44.966 128.729 47.131
202309 37.802 129.860 39.277
202312 38.899 129.419 40.554
202403 41.068 131.776 42.050
202406 35.987 132.554 36.631
202409 38.355 133.029 38.902
202412 37.450 133.157 37.948
202503 36.597 134.927 36.597

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


Mercuries & Associates  (TPE:2905) 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.

Mercuries & Associates's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.85/243.10
=0.05

* 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 Mercuries & Associates was 0.12. The lowest was 0.05. And the median was 0.08.


Be Aware

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


Mercuries & Associates Cyclically Adjusted Revenue per Share Related Terms

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


Mercuries & Associates Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chien Kuo North Road, 145, Section 2, Taipei, TWN
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. It generates revenue from leasing.

Mercuries & Associates Headlines

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