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United Microelectronics (United Microelectronics) Cyclically Adjusted Revenue per Share : $2.62 (As of Dec. 2023)


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What is United Microelectronics 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.

United Microelectronics's adjusted revenue per share for the three months ended in Dec. 2023 was $0.750. 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 $2.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, United Microelectronics's average Cyclically Adjusted Revenue Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% 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 United Microelectronics was 11.60% per year. The lowest was 2.00% per year. And the median was 4.10% per year.

As of today (2024-04-27), United Microelectronics's current stock price is $7.79. United Microelectronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.62. United Microelectronics's Cyclically Adjusted PS Ratio of today is 2.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Microelectronics was 5.64. The lowest was 0.99. And the median was 1.47.


United Microelectronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for United Microelectronics'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.

United Microelectronics Cyclically Adjusted Revenue per Share Chart

United Microelectronics 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 1.84 2.09 2.38 2.44 2.62

United Microelectronics 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 2.44 2.59 2.59 2.53 2.62

Competitive Comparison of United Microelectronics's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, United Microelectronics'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.


United Microelectronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



United Microelectronics 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, United Microelectronics'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)
=0.75/129.4194*129.4194
=0.750

Current CPI (Dec. 2023) = 129.4194.

United Microelectronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.396 99.695 0.514
201406 0.474 100.560 0.610
201409 0.464 100.428 0.598
201412 0.456 99.070 0.596
201503 0.473 99.621 0.614
201506 0.465 100.684 0.598
201509 0.395 100.392 0.509
201512 0.397 99.792 0.515
201603 0.423 100.470 0.545
201606 0.425 101.688 0.541
201609 0.453 101.861 0.576
201612 0.468 101.863 0.595
201703 0.455 102.862 0.572
201706 0.463 103.349 0.580
201709 0.465 104.136 0.578
201712 0.481 104.011 0.599
201803 0.477 105.290 0.586
201806 0.487 106.317 0.593
201809 0.480 106.507 0.583
201812 0.450 105.998 0.549
201903 0.399 107.251 0.481
201906 0.440 108.070 0.527
201909 0.465 108.329 0.556
201912 0.564 108.420 0.673
202003 0.536 108.902 0.637
202006 0.610 108.767 0.726
202009 0.631 109.815 0.744
202012 0.701 109.897 0.826
202103 0.673 111.754 0.779
202106 0.740 114.631 0.835
202109 0.812 115.734 0.908
202112 0.908 117.630 0.999
202203 0.890 121.301 0.950
202206 0.969 125.017 1.003
202209 0.954 125.227 0.986
202212 0.923 125.222 0.954
202303 0.705 127.348 0.716
202306 0.729 128.729 0.733
202309 0.709 129.860 0.707
202312 0.750 129.419 0.750

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


United Microelectronics  (NYSE:UMC) 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.

United Microelectronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.79/2.62
=2.97

* 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 United Microelectronics was 5.64. The lowest was 0.99. And the median was 1.47.


Be Aware

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


United Microelectronics Cyclically Adjusted Revenue per Share Related Terms

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


United Microelectronics (United Microelectronics) Business Description

Industry
Traded in Other Exchanges
Address
No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.

United Microelectronics (United Microelectronics) Headlines

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