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Shin Zu Shing Co (TPE:3376) Cyclically Adjusted Revenue per Share : NT$67.48 (As of Mar. 2024)


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What is Shin Zu Shing 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.

Shin Zu Shing Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$15.361. 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$67.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shin Zu Shing Co's average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Shin Zu Shing Co was 7.90% per year. The lowest was 6.30% per year. And the median was 7.10% per year.

As of today (2024-05-23), Shin Zu Shing Co's current stock price is NT$206.00. Shin Zu Shing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$67.48. Shin Zu Shing Co's Cyclically Adjusted PS Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shin Zu Shing Co was 3.13. The lowest was 1.16. And the median was 1.99.


Shin Zu Shing Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Cyclically Adjusted Revenue per Share Chart

Shin Zu Shing 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 51.03 55.00 60.00 64.15 66.04

Shin Zu Shing 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 64.97 65.55 66.10 66.04 67.48

Competitive Comparison of Shin Zu Shing Co's Cyclically Adjusted Revenue per Share

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's Cyclically Adjusted PS Ratio falls into.



Shin Zu Shing 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, Shin Zu Shing 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)
=15.361/131.7762*131.7762
=15.361

Current CPI (Mar. 2024) = 131.7762.

Shin Zu Shing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.690 100.560 14.008
201409 11.359 100.428 14.905
201412 11.494 99.070 15.289
201503 10.799 99.621 14.285
201506 11.047 100.684 14.458
201509 11.169 100.392 14.661
201512 13.408 99.792 17.705
201603 9.193 100.470 12.057
201606 10.187 101.688 13.201
201609 12.074 101.861 15.620
201612 13.152 101.863 17.014
201703 9.769 102.862 12.515
201706 12.448 103.349 15.872
201709 13.592 104.136 17.200
201712 11.802 104.011 14.952
201803 10.202 105.290 12.768
201806 12.373 106.317 15.336
201809 15.344 106.507 18.984
201812 15.005 105.998 18.654
201903 11.623 107.251 14.281
201906 15.251 108.070 18.597
201909 16.661 108.329 20.267
201912 21.790 108.420 26.484
202003 14.556 108.902 17.613
202006 20.638 108.767 25.004
202009 24.318 109.815 29.181
202012 22.196 109.897 26.615
202103 16.272 111.754 19.187
202106 14.975 114.631 17.215
202109 14.317 115.734 16.301
202112 17.319 117.630 19.402
202203 15.447 121.301 16.781
202206 15.630 125.017 16.475
202209 17.463 125.227 18.376
202212 12.990 125.222 13.670
202303 9.921 127.348 10.266
202306 12.347 128.729 12.639
202309 15.184 129.860 15.408
202312 15.938 129.419 16.228
202403 15.361 131.776 15.361

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


Shin Zu Shing Co  (TPE:3376) 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.

Shin Zu Shing Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=206.00/67.48
=3.05

* 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 Shin Zu Shing Co was 3.13. The lowest was 1.16. And the median was 1.99.


Be Aware

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


Shin Zu Shing Co Cyclically Adjusted Revenue per Share Related Terms

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


Shin Zu Shing Co (TPE:3376) Business Description

Industry
Traded in Other Exchanges
N/A
Address
174 Chiun Eng. Street, Su Lin District, Taipei, TWN
Shin Zu Shing Co Ltd makes springs, stamped parts, and hinges for communication, computer, and consumer products. It produces various types of springs, and use automated machines to design stronger, longer-lasting, and high-quality components. Research and development enhances design, improves molding techniques, and creates innovative measurement strategies to produce durable products. A fabrication process produces hinges for laptops, monitors, cameras, cellphones, and other technology components. The company's sensor-control systems maintain accurate specifications, critical wire length, and angular relationships to create the end products. Customer feedback provides Shin Zu Shing the opportunity to tweak quality testing and produce customized solutions.

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