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Altek (TPE:3059) Cyclically Adjusted Revenue per Share : NT$45.53 (As of Jun. 2024)


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What is Altek 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.

Altek's adjusted revenue per share for the three months ended in Jun. 2024 was NT$6.168. 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$45.53 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Altek's average Cyclically Adjusted Revenue Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -8.90% 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 Altek was -7.70% per year. The lowest was -9.80% per year. And the median was -9.40% per year.

As of today (2024-09-22), Altek's current stock price is NT$35.25. Altek's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$45.53. Altek's Cyclically Adjusted PS Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Altek was 0.93. The lowest was 0.25. And the median was 0.65.


Altek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Altek'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.

Altek Cyclically Adjusted Revenue per Share Chart

Altek 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 69.96 59.66 54.62 51.32 46.90

Altek Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 50.05 48.20 46.90 47.00 45.53

Competitive Comparison of Altek's Cyclically Adjusted Revenue per Share

For the Scientific & Technical Instruments subindustry, Altek'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.


Altek's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Altek's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Altek 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, Altek's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=6.168/132.5538*132.5538
=6.168

Current CPI (Jun. 2024) = 132.5538.

Altek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 18.619 100.428 24.575
201412 12.066 99.070 16.144
201503 9.500 99.621 12.641
201506 11.168 100.684 14.703
201509 14.083 100.392 18.595
201512 11.596 99.792 15.403
201603 9.121 100.470 12.034
201606 10.337 101.688 13.475
201609 12.070 101.861 15.707
201612 12.562 101.863 16.347
201703 9.919 102.862 12.782
201706 8.952 103.349 11.482
201709 10.149 104.136 12.919
201712 10.306 104.011 13.134
201803 8.718 105.290 10.975
201806 12.911 106.317 16.097
201809 11.186 106.507 13.922
201812 8.386 105.998 10.487
201903 6.268 107.251 7.747
201906 5.634 108.070 6.910
201909 5.766 108.329 7.055
201912 5.062 108.420 6.189
202003 4.068 108.902 4.952
202006 5.750 108.767 7.007
202009 6.235 109.815 7.526
202012 6.854 109.897 8.267
202103 7.356 111.754 8.725
202106 8.640 114.631 9.991
202109 9.190 115.734 10.526
202112 8.568 117.630 9.655
202203 12.986 121.301 14.191
202206 11.389 125.017 12.076
202209 14.431 125.227 15.275
202212 11.705 125.222 12.390
202303 8.075 127.348 8.405
202306 7.926 128.729 8.162
202309 8.162 129.860 8.331
202312 8.375 129.419 8.578
202403 5.730 131.776 5.764
202406 6.168 132.554 6.168

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


Altek  (TPE:3059) 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.

Altek's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=35.25/45.53
=0.77

* 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 Altek was 0.93. The lowest was 0.25. And the median was 0.65.


Be Aware

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


Altek Cyclically Adjusted Revenue per Share Related Terms

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


Altek Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Altek Corp (TPE:3059) » Definitions » Cyclically Adjusted Revenue per Share
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Address
No. 12, Li-Hsin Road, Science Park, Hsinchu, TWN
Altek Corp is a digital image product supplier. The company, along with its subsidiaries, are engaged in the development, manufacturing, and sale of automobile cameras, medical and digital image technology application products, and related export and import trade. The company generates the majority of its revenue from the Asia region followed by America and so on.

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