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SK Hynix (XKRX:000660) Cyclically Adjusted Revenue per Share : ₩48,436.70 (As of Dec. 2023)


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What is SK Hynix 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.

SK Hynix's adjusted revenue per share for the three months ended in Dec. 2023 was ₩16,430.175. 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 ₩48,436.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SK Hynix's average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.70% 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 SK Hynix was 14.20% per year. The lowest was 11.50% per year. And the median was 12.80% per year.

As of today (2024-05-16), SK Hynix's current stock price is ₩193000.00. SK Hynix's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩48,436.70. SK Hynix's Cyclically Adjusted PS Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of SK Hynix was 4.35. The lowest was 1.71. And the median was 2.78.


SK Hynix Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for SK Hynix'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.

SK Hynix Cyclically Adjusted Revenue per Share Chart

SK Hynix 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 29,981.80 32,544.10 38,080.50 44,634.10 48,436.70

SK Hynix 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 44,634.10 45,420.50 46,044.20 47,472.30 48,436.70

Competitive Comparison of SK Hynix's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, SK Hynix'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.


SK Hynix's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



SK Hynix 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, SK Hynix'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)
=16430.175/118.8477*118.8477
=16,430.175

Current CPI (Dec. 2023) = 118.8477.

SK Hynix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5,148.575 99.253 6,165.016
201406 5,477.568 99.353 6,552.357
201409 5,968.204 99.608 7,120.987
201412 7,074.406 99.098 8,484.297
201503 6,619.164 99.720 7,888.813
201506 6,371.368 100.050 7,568.440
201509 6,849.810 100.110 8,131.897
201512 6,256.553 100.220 7,419.447
201603 5,176.669 100.560 6,118.091
201606 5,577.933 100.790 6,577.285
201609 6,008.777 101.460 7,038.531
201612 7,587.189 101.560 8,878.692
201703 8,907.530 102.850 10,293.043
201706 9,480.450 102.610 10,980.700
201709 11,472.867 103.490 13,175.417
201712 12,783.625 102.990 14,751.961
201803 12,349.088 104.100 14,098.566
201806 14,686.545 104.130 16,762.336
201809 16,370.079 105.650 18,415.014
201812 14,533.161 104.350 16,552.302
201903 9,900.240 104.490 11,260.606
201906 9,433.801 104.880 10,690.175
201909 9,997.450 105.200 11,294.429
201912 10,119.499 105.120 11,441.012
202003 10,521.543 105.540 11,848.220
202006 12,581.364 104.870 14,258.283
202009 11,879.838 106.200 13,294.646
202012 11,642.102 105.765 13,082.133
202103 12,409.659 107.357 13,737.872
202106 15,031.202 107.579 16,605.754
202109 17,161.595 108.759 18,753.504
202112 17,995.273 109.676 19,500.064
202203 17,671.465 111.806 18,784.472
202206 20,081.572 114.083 20,920.320
202209 15,964.978 114.831 16,523.377
202212 11,153.542 115.200 11,506.688
202303 7,396.747 116.550 7,542.594
202306 10,617.869 117.140 10,772.668
202309 13,175.525 119.111 13,146.378
202312 16,430.175 118.848 16,430.175

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


SK Hynix  (XKRX:000660) 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.

SK Hynix's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=193000.00/48436.7
=3.98

* 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 SK Hynix was 4.35. The lowest was 1.71. And the median was 2.78.


Be Aware

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


SK Hynix Cyclically Adjusted Revenue per Share Related Terms

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


SK Hynix (XKRX:000660) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SK Hynix Inc (XKRX:000660) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
2091, Gyeongchung-daero, Bubai-eub, Icheon-si, Gyeonggi-do, KOR
SK Hynix is a semiconductor supplier with around 65%-70% of its revenue from DRAM and 25%-30% of its revenue from NAND flash. SK Hynix is the second-largest DRAM supplier globally with approximately 28% market share and the fifth-largest NAND supplier globally with approximately 19% market share. SK Telecom, the largest telecom carrier in South Korea, became the largest shareholder in 2012 and currently holds 20% of SK Hynix's shares.

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