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Ta Liang Technology Co (TPE:3167) Cyclically Adjusted Revenue per Share : NT$38.15 (As of Mar. 2024)


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What is Ta Liang Technology 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.

Ta Liang Technology Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$4.833. 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$38.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ta Liang Technology Co's average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Ta Liang Technology Co was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2024-06-07), Ta Liang Technology Co's current stock price is NT$57.60. Ta Liang Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$38.15. Ta Liang Technology Co's Cyclically Adjusted PS Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ta Liang Technology Co was 2.81. The lowest was 0.96. And the median was 1.37.


Ta Liang Technology Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ta Liang Technology 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.

Ta Liang Technology Co Cyclically Adjusted Revenue per Share Chart

Ta Liang Technology 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 - 33.21 37.46 38.62 37.74

Ta Liang Technology 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 38.95 38.66 38.24 37.74 38.15

Competitive Comparison of Ta Liang Technology Co's Cyclically Adjusted Revenue per Share

For the Specialty Industrial Machinery subindustry, Ta Liang Technology 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.


Ta Liang Technology Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Liang Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ta Liang Technology Co's Cyclically Adjusted PS Ratio falls into.



Ta Liang Technology 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, Ta Liang Technology 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)
=4.833/131.7762*131.7762
=4.833

Current CPI (Mar. 2024) = 131.7762.

Ta Liang Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.119 100.560 9.329
201409 7.415 100.428 9.730
201412 8.072 99.070 10.737
201503 6.449 99.621 8.531
201506 6.893 100.684 9.022
201509 5.104 100.392 6.700
201512 4.937 99.792 6.519
201603 5.331 100.470 6.992
201606 6.284 101.688 8.143
201609 5.716 101.861 7.395
201612 7.001 101.863 9.057
201703 7.600 102.862 9.736
201706 10.451 103.349 13.326
201709 12.493 104.136 15.809
201712 12.278 104.011 15.556
201803 11.684 105.290 14.623
201806 13.276 106.317 16.455
201809 12.876 106.507 15.931
201812 10.209 105.998 12.692
201903 5.386 107.251 6.618
201906 6.101 108.070 7.439
201909 5.192 108.329 6.316
201912 6.777 108.420 8.237
202003 3.908 108.902 4.729
202006 6.917 108.767 8.380
202009 8.394 109.815 10.073
202012 10.072 109.897 12.077
202103 11.592 111.754 13.669
202106 15.911 114.631 18.291
202109 14.704 115.734 16.742
202112 11.245 117.630 12.597
202203 8.580 121.301 9.321
202206 7.917 125.017 8.345
202209 6.382 125.227 6.716
202212 4.262 125.222 4.485
202303 3.202 127.348 3.313
202306 3.404 128.729 3.485
202309 3.654 129.860 3.708
202312 5.704 129.419 5.808
202403 4.833 131.776 4.833

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


Ta Liang Technology Co  (TPE:3167) 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.

Ta Liang Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.60/38.15
=1.51

* 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 Ta Liang Technology Co was 2.81. The lowest was 0.96. And the median was 1.37.


Be Aware

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


Ta Liang Technology Co Cyclically Adjusted Revenue per Share Related Terms

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


Ta Liang Technology Co (TPE:3167) Business Description

Traded in Other Exchanges
N/A
Address
No 49, Youlian Street, Ruifeng Village, Bade District, Taoyuan, TWN
Ta Liang Technology Co Ltd is a manufacturer and seller of machine design and mold design. It is engaged in manufacturing of PCB (Printed Circuit Board) equipment and CNC (Computer Numerically Controlled) engraving & milling machine. The main income of the Company and its subsidiaries comes from the design, manufacturing, and processing of various CNC machinery and equipment for customers. It provides PCB molding, drilling, sheet cutting, glass panel processing and other special machinery. Its products include PCB routing machine, PCB drilling machine, resin panel cutter.

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