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Hwa Tai Industries Bhd (XKLS:8478) Cyclically Adjusted Revenue per Share : RM1.22 (As of Dec. 2023)


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What is Hwa Tai Industries Bhd 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.

Hwa Tai Industries Bhd's adjusted revenue per share for the three months ended in Dec. 2023 was RM0.343. 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 RM1.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hwa Tai Industries Bhd's average Cyclically Adjusted Revenue Growth Rate was -4.70% 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 (2024-05-19), Hwa Tai Industries Bhd's current stock price is RM0.605. Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was RM1.22. Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hwa Tai Industries Bhd was 0.88. The lowest was 0.34. And the median was 0.43.


Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Hwa Tai Industries Bhd'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.

Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Chart

Hwa Tai Industries Bhd 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 - - 1.30 1.28 1.22

Hwa Tai Industries Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.28 1.27 1.24 1.24 1.22

Competitive Comparison of Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, Hwa Tai Industries Bhd'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.


Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio falls into.



Hwa Tai Industries Bhd 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, Hwa Tai Industries Bhd's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.343/129.4194*129.4194
=0.343

Current CPI (Dec. 2023) = 129.4194.

Hwa Tai Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.395 99.695 0.513
201406 0.358 100.560 0.461
201409 0.330 100.428 0.425
201412 0.414 99.070 0.541
201503 0.413 99.621 0.537
201506 0.254 100.684 0.326
201509 0.219 100.392 0.282
201512 0.257 99.792 0.333
201603 0.224 100.470 0.289
201606 0.211 101.688 0.269
201609 0.176 101.861 0.224
201612 0.234 101.863 0.297
201703 0.200 102.862 0.252
201706 0.211 103.349 0.264
201709 0.205 104.136 0.255
201712 0.291 104.011 0.362
201803 0.204 105.290 0.251
201806 0.212 106.317 0.258
201809 0.204 106.507 0.248
201812 0.244 105.998 0.298
201903 0.205 107.251 0.247
201906 0.210 108.070 0.251
201909 0.208 108.329 0.248
201912 0.251 108.420 0.300
202003 0.236 108.902 0.280
202006 0.252 108.767 0.300
202009 0.239 109.815 0.282
202012 0.271 109.897 0.319
202103 0.270 111.754 0.313
202106 0.203 114.631 0.229
202109 0.254 115.734 0.284
202112 0.250 117.630 0.275
202203 0.250 121.301 0.267
202206 0.221 125.017 0.229
202209 0.242 125.227 0.250
202212 0.307 125.222 0.317
202303 0.255 127.348 0.259
202306 0.201 128.729 0.202
202309 0.280 129.860 0.279
202312 0.343 129.419 0.343

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


Hwa Tai Industries Bhd  (XKLS:8478) 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.

Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.605/1.22
=0.50

* 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 Hwa Tai Industries Bhd was 0.88. The lowest was 0.34. 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.


Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Related Terms

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


Hwa Tai Industries Bhd (XKLS:8478) Business Description

Traded in Other Exchanges
N/A
Address
No. L9, Jalan ML 16, ML-16 Industrial Park, Seri Kembangan, SGR, MYS, 43300
Hwa Tai Industries Bhd operates as an investment holding company, which manufactures biscuits and cakes products. It operates through the following segments: Manufacturing and Trading. The company's products include crackers, cookies, assorted biscuits, cakes, and cream sandwich and are marketed under the brand name of Hwa Tai and Luxury. The majority of revenue is from the Manufacturing segment. Geographically it operates locally & internationally, out of which the majority is from local sales.

Hwa Tai Industries Bhd (XKLS:8478) Headlines

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