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Taiwan Secom Co (TPE:9917) Cyclically Adjusted Revenue per Share : NT$38.21 (As of Mar. 2024)


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What is Taiwan Secom 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.

Taiwan Secom Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$9.653. 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$38.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiwan Secom Co's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 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 Taiwan Secom Co was 5.70% per year. The lowest was 3.50% per year. And the median was 5.00% per year.

As of today (2024-05-27), Taiwan Secom Co's current stock price is NT$126.50. Taiwan Secom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$38.21. Taiwan Secom Co's Cyclically Adjusted PS Ratio of today is 3.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Secom Co was 3.43. The lowest was 2.55. And the median was 2.84.


Taiwan Secom Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co Cyclically Adjusted Revenue per Share Chart

Taiwan Secom 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 31.26 31.78 34.03 36.21 37.51

Taiwan Secom 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 36.85 37.27 37.61 37.51 38.21

Competitive Comparison of Taiwan Secom Co's Cyclically Adjusted Revenue per Share

For the Security & Protection Services subindustry, Taiwan Secom 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.


Taiwan Secom Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiwan Secom 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, Taiwan Secom 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)
=9.653/131.7762*131.7762
=9.653

Current CPI (Mar. 2024) = 131.7762.

Taiwan Secom Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.398 100.560 9.695
201409 7.702 100.428 10.106
201412 7.834 99.070 10.420
201503 7.467 99.621 9.877
201506 7.499 100.684 9.815
201509 7.484 100.392 9.824
201512 7.694 99.792 10.160
201603 7.278 100.470 9.546
201606 7.733 101.688 10.021
201609 7.798 101.861 10.088
201612 7.806 101.863 10.098
201703 7.317 102.862 9.374
201706 7.147 103.349 9.113
201709 7.444 104.136 9.420
201712 7.630 104.011 9.667
201803 7.424 105.290 9.292
201806 7.498 106.317 9.294
201809 7.482 106.507 9.257
201812 7.951 105.998 9.885
201903 7.504 107.251 9.220
201906 7.528 108.070 9.179
201909 7.574 108.329 9.213
201912 7.728 108.420 9.393
202003 7.472 108.902 9.041
202006 7.742 108.767 9.380
202009 7.761 109.815 9.313
202012 8.015 109.897 9.611
202103 8.015 111.754 9.451
202106 7.812 114.631 8.980
202109 7.759 115.734 8.834
202112 8.449 117.630 9.465
202203 8.476 121.301 9.208
202206 8.616 125.017 9.082
202209 8.676 125.227 9.130
202212 9.094 125.222 9.570
202303 9.190 127.348 9.510
202306 9.694 128.729 9.923
202309 9.675 129.860 9.818
202312 10.033 129.419 10.216
202403 9.653 131.776 9.653

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


Taiwan Secom Co  (TPE:9917) 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.

Taiwan Secom Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=126.50/38.21
=3.31

* 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 Taiwan Secom Co was 3.43. The lowest was 2.55. And the median was 2.84.


Be Aware

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


Taiwan Secom Co Cyclically Adjusted Revenue per Share Related Terms

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


Taiwan Secom Co (TPE:9917) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN
Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

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