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Tex Year Industries Co (TPE:4720) Cyclically Adjusted Revenue per Share : NT$36.35 (As of Mar. 2024)


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What is Tex Year Industries 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.

Tex Year Industries Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$7.535. 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$36.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tex Year Industries Co's average Cyclically Adjusted Revenue Growth Rate was 5.50% 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.

As of today (2024-05-21), Tex Year Industries Co's current stock price is NT$19.00. Tex Year Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$36.35. Tex Year Industries Co's Cyclically Adjusted PS Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tex Year Industries Co was 0.60. The lowest was 0.35. And the median was 0.43.


Tex Year Industries Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Cyclically Adjusted Revenue per Share Chart

Tex Year Industries Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 30.38 30.57 32.47

Tex Year Industries Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 34.47 35.20 35.62 35.84 36.35

Competitive Comparison of Tex Year Industries Co's Cyclically Adjusted Revenue per Share

For the Specialty Chemicals subindustry, Tex Year Industries 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.


Tex Year Industries Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Cyclically Adjusted PS Ratio falls into.



Tex Year Industries 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, Tex Year Industries 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)
=7.535/131.7762*131.7762
=7.535

Current CPI (Mar. 2024) = 131.7762.

Tex Year Industries Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 6.457 98.326 8.654
201403 5.433 99.695 7.181
201406 6.130 100.560 8.033
201409 7.310 100.428 9.592
201412 7.623 99.070 10.140
201503 6.550 99.621 8.664
201506 7.184 100.684 9.402
201509 7.561 100.392 9.925
201512 7.444 99.792 9.830
201603 6.787 100.470 8.902
201606 7.788 101.688 10.092
201609 7.740 101.861 10.013
201612 7.974 101.863 10.316
201703 6.886 102.862 8.822
201706 6.568 103.349 8.375
201709 7.568 104.136 9.577
201712 6.638 104.011 8.410
201803 6.566 105.290 8.218
201806 8.461 106.317 10.487
201809 8.166 106.507 10.103
201812 7.663 105.998 9.527
201903 6.707 107.251 8.241
201906 7.815 108.070 9.529
201909 8.346 108.329 10.152
201912 7.584 108.420 9.218
202003 6.590 108.902 7.974
202006 7.230 108.767 8.759
202009 7.558 109.815 9.069
202012 8.156 109.897 9.780
202103 7.269 111.754 8.571
202106 10.483 114.631 12.051
202109 7.900 115.734 8.995
202112 6.498 117.630 7.279
202203 7.613 121.301 8.270
202206 9.102 125.017 9.594
202209 8.279 125.227 8.712
202303 9.677 127.348 10.014
202306 7.721 128.729 7.904
202309 7.448 129.860 7.558
202403 7.535 131.776 7.535

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


Tex Year Industries Co  (TPE:4720) 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.

Tex Year Industries Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.00/36.35
=0.52

* 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 Tex Year Industries Co was 0.60. The lowest was 0.35. And the median was 0.43.


Be Aware

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


Tex Year Industries Co Cyclically Adjusted Revenue per Share Related Terms

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


Tex Year Industries Co (TPE:4720) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248
Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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