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Chang Wah Electronmaterials (TPE:8070) Cyclically Adjusted Revenue per Share : NT$29.08 (As of Mar. 2024)


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What is Chang Wah Electronmaterials 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.

Chang Wah Electronmaterials's adjusted revenue per share for the three months ended in Mar. 2024 was NT$5.701. 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$29.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chang Wah Electronmaterials's average Cyclically Adjusted Revenue Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 Chang Wah Electronmaterials was 5.20% per year. The lowest was 3.40% per year. And the median was 4.90% per year.

As of today (2024-06-20), Chang Wah Electronmaterials's current stock price is NT$49.05. Chang Wah Electronmaterials's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$29.08. Chang Wah Electronmaterials's Cyclically Adjusted PS Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chang Wah Electronmaterials was 1.82. The lowest was 0.49. And the median was 1.12.


Chang Wah Electronmaterials Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials Cyclically Adjusted Revenue per Share Chart

Chang Wah Electronmaterials 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 24.63 24.66 26.64 28.46 28.69

Chang Wah Electronmaterials 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 28.86 28.95 28.96 28.69 29.08

Competitive Comparison of Chang Wah Electronmaterials's Cyclically Adjusted Revenue per Share

For the Electronics & Computer Distribution subindustry, Chang Wah Electronmaterials'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.


Chang Wah Electronmaterials's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Chang Wah Electronmaterials 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, Chang Wah Electronmaterials'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)
=5.701/131.7762*131.7762
=5.701

Current CPI (Mar. 2024) = 131.7762.

Chang Wah Electronmaterials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.206 100.560 8.133
201409 6.379 100.428 8.370
201412 6.461 99.070 8.594
201503 5.877 99.621 7.774
201506 5.541 100.684 7.252
201509 4.608 100.392 6.049
201512 4.933 99.792 6.514
201603 4.447 100.470 5.833
201606 3.775 101.688 4.892
201609 3.600 101.861 4.657
201612 3.977 101.863 5.145
201703 3.934 102.862 5.040
201706 6.060 103.349 7.727
201709 5.979 104.136 7.566
201712 6.105 104.011 7.735
201803 6.116 105.290 7.655
201806 6.311 106.317 7.822
201809 6.439 106.507 7.967
201812 5.833 105.998 7.252
201903 5.412 107.251 6.650
201906 5.645 108.070 6.883
201909 6.595 108.329 8.022
201912 6.553 108.420 7.965
202003 5.914 108.902 7.156
202006 6.442 108.767 7.805
202009 6.390 109.815 7.668
202012 6.944 109.897 8.326
202103 6.995 111.754 8.248
202106 7.112 114.631 8.176
202109 7.936 115.734 9.036
202112 8.255 117.630 9.248
202203 8.190 121.301 8.897
202206 8.424 125.017 8.879
202209 8.104 125.227 8.528
202212 7.150 125.222 7.524
202303 6.081 127.348 6.292
202306 5.927 128.729 6.067
202309 5.659 129.860 5.743
202312 5.894 129.419 6.001
202403 5.701 131.776 5.701

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


Chang Wah Electronmaterials  (TPE:8070) 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.

Chang Wah Electronmaterials's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.05/29.08
=1.69

* 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 Chang Wah Electronmaterials was 1.82. The lowest was 0.49. And the median was 1.12.


Be Aware

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


Chang Wah Electronmaterials Cyclically Adjusted Revenue per Share Related Terms

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


Chang Wah Electronmaterials (TPE:8070) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Electronmaterials Inc. is a Taiwan-based company engaged in distributing materials and equipment for integrated circuit (IC) packaging. It offers products such as IC packaging materials and devices including sealant resins, conductive adhesives, non-conductive adhesives, lead frames, auto molding equipment, as well as trim and form equipment, and TFT-LCD materials, including chip on film (COF) substrates, light guide plates and optical films, as well as LED lead frames and solar power systems. Its segment includes The Corporation; CWTC and its subsidiaries and others. Geographically, it derives a majority of its revenue from Asia.

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