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Samick Musical Instruments Co (XKRX:002450) Cyclically Adjusted Revenue per Share : ₩3,200.96 (As of Dec. 2023)


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What is Samick Musical Instruments 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.

Samick Musical Instruments Co's adjusted revenue per share for the three months ended in Dec. 2023 was ₩715.175. 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 ₩3,200.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Samick Musical Instruments Co's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% 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 Samick Musical Instruments Co was 7.70% per year. The lowest was 4.20% per year. And the median was 5.30% per year.

As of today (2024-05-16), Samick Musical Instruments Co's current stock price is ₩1308.00. Samick Musical Instruments Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩3,200.96. Samick Musical Instruments Co's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Samick Musical Instruments Co was 1.29. The lowest was 0.32. And the median was 0.66.


Samick Musical Instruments Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Samick Musical Instruments 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.

Samick Musical Instruments Co Cyclically Adjusted Revenue per Share Chart

Samick Musical Instruments 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 2,482.26 2,563.84 2,747.27 3,050.68 3,200.96

Samick Musical Instruments Co 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 3,050.68 3,133.13 3,149.97 3,192.00 3,200.96

Competitive Comparison of Samick Musical Instruments Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Samick Musical Instruments 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.


Samick Musical Instruments Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samick Musical Instruments Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Samick Musical Instruments Co's Cyclically Adjusted PS Ratio falls into.



Samick Musical Instruments 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, Samick Musical Instruments Co'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)
=715.175/118.8477*118.8477
=715.175

Current CPI (Dec. 2023) = 118.8477.

Samick Musical Instruments Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 524.521 99.253 628.073
201406 447.956 99.353 535.852
201409 534.344 99.608 637.555
201412 405.508 99.098 486.324
201503 473.550 99.720 564.384
201506 449.792 100.050 534.300
201509 485.161 100.110 575.969
201512 477.156 100.220 565.844
201603 678.575 100.560 801.980
201606 679.070 100.790 800.733
201609 667.180 101.460 781.518
201612 496.770 101.560 581.331
201703 898.130 102.850 1,037.829
201706 627.962 102.610 727.335
201709 595.460 103.490 683.825
201712 722.847 102.990 834.146
201803 878.625 104.100 1,003.099
201806 606.188 104.130 691.866
201809 580.421 105.650 652.927
201812 755.385 104.350 860.333
201903 950.679 104.490 1,081.309
201906 723.056 104.880 819.351
201909 706.973 105.200 798.689
201912 789.033 105.120 892.073
202003 828.512 105.540 932.980
202006 587.859 104.870 666.212
202009 708.855 106.200 793.275
202012 814.156 105.765 914.860
202103 929.533 107.357 1,029.021
202106 794.315 107.579 877.521
202109 782.218 108.759 854.777
202112 1,026.191 109.676 1,112.003
202203 1,286.561 111.806 1,367.593
202206 856.740 114.083 892.523
202209 841.231 114.831 870.654
202212 1,015.033 115.200 1,047.171
202303 1,131.344 116.550 1,153.652
202306 633.456 117.140 642.691
202309 564.060 119.111 562.812
202312 715.175 118.848 715.175

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


Samick Musical Instruments Co  (XKRX:002450) 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.

Samick Musical Instruments Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1308.00/3200.96
=0.41

* 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 Samick Musical Instruments Co was 1.29. The lowest was 0.32. And the median was 0.66.


Be Aware

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


Samick Musical Instruments Co Cyclically Adjusted Revenue per Share Related Terms

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


Samick Musical Instruments Co (XKRX:002450) Business Description

Traded in Other Exchanges
N/A
Address
1-6, Daejang-Ri, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872
Samick Musical Instruments Co Ltd manufactures and sells musical instruments in South Korea. The company offers upright, grand, and digital pianos; and acoustic and electric guitars. It also provides other music instruments, including strings, such as violins, guitar and bass amplifiers, and cellos; wind instruments comprising amplifiers, flutes, trumpets, saxophones, clarinets, ocarinas, and harmonicas; percussion products covering drums; music stands; tuners; musical instruments for kids; metronomes; and P.A systems.

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