GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Solco Biomedical Co Ltd (XKRX:043100) » Definitions » Cyclically Adjusted Revenue per Share

Solco Biomedical Co (XKRX:043100) Cyclically Adjusted Revenue per Share : ₩683.05 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Solco Biomedical 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.

Solco Biomedical Co's adjusted revenue per share for the three months ended in Mar. 2024 was ₩103.812. 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 ₩683.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Solco Biomedical Co's average Cyclically Adjusted Revenue Growth Rate was -12.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -10.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.90% 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 Solco Biomedical Co was -7.80% per year. The lowest was -10.80% per year. And the median was -8.80% per year.

As of today (2024-06-19), Solco Biomedical Co's current stock price is ₩395.00. Solco Biomedical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩683.05. Solco Biomedical Co's Cyclically Adjusted PS Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Solco Biomedical Co was 2.00. The lowest was 0.36. And the median was 0.66.


Solco Biomedical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Solco Biomedical 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.

Solco Biomedical Co Cyclically Adjusted Revenue per Share Chart

Solco Biomedical 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 1,090.97 987.59 885.44 774.28 706.92

Solco Biomedical 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 777.37 751.21 742.10 706.92 683.05

Competitive Comparison of Solco Biomedical Co's Cyclically Adjusted Revenue per Share

For the Medical Devices subindustry, Solco Biomedical 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.


Solco Biomedical Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Solco Biomedical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Solco Biomedical 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, Solco Biomedical 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)
=103.812/118.8477*118.8477
=103.812

Current CPI (Mar. 2024) = 118.8477.

Solco Biomedical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 291.012 99.353 348.113
201409 193.122 99.608 230.424
201412 322.893 99.098 387.244
201503 253.540 99.720 302.173
201506 171.508 100.050 203.731
201509 192.079 100.110 228.031
201512 181.930 100.220 215.745
201603 184.491 100.560 218.042
201606 177.856 100.790 209.721
201609 150.788 101.460 176.629
201612 253.105 101.560 296.189
201703 41.419 102.850 47.861
201706 143.917 102.610 166.691
201709 126.762 103.490 145.573
201712 137.050 102.990 158.152
201803 119.497 104.100 136.426
201806 133.482 104.130 152.348
201809 119.371 105.650 134.283
201812 89.182 104.350 101.572
201903 88.275 104.490 100.405
201906 282.605 104.880 320.242
201909 255.901 105.200 289.099
201912 253.766 105.120 286.905
202003 262.389 105.540 295.474
202006 90.578 104.870 102.651
202009 98.314 106.200 110.023
202012 113.084 105.765 127.072
202103 99.848 107.357 110.535
202106 105.608 107.579 116.671
202109 84.929 108.759 92.807
202112 109.137 109.676 118.263
202203 91.962 111.806 97.754
202206 98.445 114.083 102.557
202209 90.414 114.831 93.576
202212 92.495 115.200 95.424
202303 91.649 116.550 93.456
202306 106.527 117.140 108.080
202309 94.429 119.111 94.220
202312 112.535 118.848 112.535
202403 103.812 118.848 103.812

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


Solco Biomedical Co  (XKRX:043100) 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.

Solco Biomedical Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=395.00/683.05
=0.58

* 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 Solco Biomedical Co was 2.00. The lowest was 0.36. 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.


Solco Biomedical Co Cyclically Adjusted Revenue per Share Related Terms

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


Solco Biomedical Co (XKRX:043100) Business Description

Traded in Other Exchanges
N/A
Address
34-6 Keumam-ri, Seotan-myeon, Gyeonggi-do, Pyeongtaek, KOR, 451-852
Solco Biomedical Co Ltd operates in the medical devices industry in South Korea. The products offered by the company include dressing and tissue forceps, scissors, needle holders, intestinal forceps, self-retaining retractors, hooks, and knife handles.

Solco Biomedical Co (XKRX:043100) Headlines

No Headlines