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Tower Semiconductor (XTAE:TSEM) Cyclically Adjusted Revenue per Share : ₪58.32 (As of Mar. 2024)


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What is Tower Semiconductor 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.

Tower Semiconductor's adjusted revenue per share for the three months ended in Mar. 2024 was ₪10.808. 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 ₪58.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tower Semiconductor's average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.80% per year. During the past 10 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 Tower Semiconductor was -2.60% per year. The lowest was -17.50% per year. And the median was -7.50% per year.

As of today (2024-06-13), Tower Semiconductor's current stock price is ₪142.50. Tower Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪58.32. Tower Semiconductor's Cyclically Adjusted PS Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tower Semiconductor was 2.84. The lowest was 0.11. And the median was 0.99.


Tower Semiconductor Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tower Semiconductor'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.

Tower Semiconductor Cyclically Adjusted Revenue per Share Chart

Tower Semiconductor 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 70.93 62.29 60.03 57.40 57.54

Tower Semiconductor 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 57.36 57.62 57.93 57.54 58.32

Competitive Comparison of Tower Semiconductor's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Tower Semiconductor'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.


Tower Semiconductor's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tower Semiconductor's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's Cyclically Adjusted PS Ratio falls into.



Tower Semiconductor 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, Tower Semiconductor'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)
=10.808/131.7762*131.7762
=10.808

Current CPI (Mar. 2024) = 131.7762.

Tower Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.209 100.560 22.551
201409 15.674 100.428 20.567
201412 15.588 99.070 20.734
201503 13.117 99.621 17.351
201506 9.919 100.684 12.982
201509 10.367 100.392 13.608
201512 10.550 99.792 13.931
201603 10.378 100.470 13.612
201606 11.226 101.688 14.548
201609 11.813 101.861 15.282
201612 12.086 101.863 15.635
201703 11.599 102.862 14.859
201706 12.041 103.349 15.353
201709 12.287 104.136 15.548
201712 12.348 104.011 15.644
201803 11.402 105.290 14.270
201806 12.225 106.317 15.152
201809 11.651 106.507 14.415
201812 11.627 105.998 14.455
201903 10.688 107.251 13.132
201906 10.528 108.070 12.837
201909 10.694 108.329 13.009
201912 10.436 108.420 12.684
202003 10.233 108.902 12.382
202006 10.558 108.767 12.791
202009 10.541 109.815 12.649
202012 11.678 109.897 14.003
202103 11.694 111.754 13.789
202106 12.178 114.631 13.999
202109 12.981 115.734 14.780
202112 13.779 117.630 15.436
202203 14.046 121.301 15.259
202206 14.211 125.017 14.979
202209 14.208 125.227 14.951
202212 13.400 125.222 14.101
202303 11.804 127.348 12.214
202306 11.839 128.729 12.119
202309 11.870 129.860 12.045
202312 11.649 129.419 11.861
202403 10.808 131.776 10.808

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


Tower Semiconductor  (XTAE:TSEM) 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.

Tower Semiconductor's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=142.50/58.32
=2.44

* 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 Tower Semiconductor was 2.84. The lowest was 0.11. And the median was 0.99.


Be Aware

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


Tower Semiconductor Cyclically Adjusted Revenue per Share Related Terms

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


Tower Semiconductor (XTAE:TSEM) Business Description

Industry
Traded in Other Exchanges
Address
20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502
Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.