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Asia Optical Co (TPE:3019) Cyclically Adjusted Revenue per Share : NT$77.34 (As of Dec. 2023)


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What is Asia Optical 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.

Asia Optical Co's adjusted revenue per share for the three months ended in Dec. 2023 was NT$17.012. 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$77.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Asia Optical Co's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% 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 Asia Optical Co was 2.00% per year. The lowest was -0.90% per year. And the median was -0.20% per year.

As of today (2024-04-27), Asia Optical Co's current stock price is NT$63.20. Asia Optical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$77.34. Asia Optical Co's Cyclically Adjusted PS Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Asia Optical Co was 1.36. The lowest was 0.72. And the median was 0.94.


Asia Optical Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Asia Optical 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.

Asia Optical Co Cyclically Adjusted Revenue per Share Chart

Asia Optical 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 77.32 72.87 74.83 76.92 77.34

Asia Optical 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 76.92 77.93 78.24 78.28 77.34

Competitive Comparison of Asia Optical Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Asia Optical 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.


Asia Optical Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Asia Optical 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, Asia Optical 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)
=17.012/129.4194*129.4194
=17.012

Current CPI (Dec. 2023) = 129.4194.

Asia Optical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.757 99.695 19.157
201406 17.275 100.560 22.233
201409 17.144 100.428 22.093
201412 15.470 99.070 20.209
201503 14.229 99.621 18.485
201506 16.783 100.684 21.573
201509 18.184 100.392 23.442
201512 15.788 99.792 20.475
201603 12.551 100.470 16.167
201606 16.983 101.688 21.614
201609 18.478 101.861 23.477
201612 15.446 101.863 19.625
201703 13.348 102.862 16.794
201706 18.502 103.349 23.169
201709 18.109 104.136 22.506
201712 16.442 104.011 20.459
201803 14.448 105.290 17.759
201806 18.045 106.317 21.966
201809 18.096 106.507 21.989
201812 16.910 105.998 20.646
201903 14.529 107.251 17.532
201906 17.976 108.070 21.527
201909 17.536 108.329 20.950
201912 14.108 108.420 16.841
202003 10.400 108.902 12.359
202006 13.693 108.767 16.293
202009 16.122 109.815 19.000
202012 15.523 109.897 18.281
202103 16.739 111.754 19.385
202106 18.431 114.631 20.809
202109 18.984 115.734 21.229
202112 19.850 117.630 21.840
202203 15.789 121.301 16.846
202206 17.164 125.017 17.768
202209 17.943 125.227 18.544
202212 16.278 125.222 16.824
202303 13.636 127.348 13.858
202306 15.756 128.729 15.841
202309 16.862 129.860 16.805
202312 17.012 129.419 17.012

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


Asia Optical Co  (TPE:3019) 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.

Asia Optical Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=63.20/77.34
=0.82

* 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 Asia Optical Co was 1.36. The lowest was 0.72. And the median was 0.94.


Be Aware

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


Asia Optical Co Cyclically Adjusted Revenue per Share Related Terms

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


Asia Optical Co (TPE:3019) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Optical Co Inc (TPE:3019) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
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Address
No. 22-3, South 2nd Road, Tanzi District, Taichung, TWN, 427058
Asia Optical Co Inc is engaged in the manufacturing and sale of optical components. The company provides optical lenses, precision glass molding lenses, aiming devices, imaging intercepting telescope parts, laser range finder parts, digital video disk (DVD) components, microscope components, and other products. Geographically the company distributes its products in Taiwan, Japan, other Asian markets, and the United States.

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