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Chang Type Industrial Co (TPE:1541) Cyclically Adjusted Revenue per Share : NT$59.98 (As of Mar. 2024)


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What is Chang Type Industrial 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.

Chang Type Industrial Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$9.156. 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$59.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chang Type Industrial Co's average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% 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 Chang Type Industrial Co was 13.70% per year. The lowest was 12.50% per year. And the median was 13.10% per year.

As of today (2024-06-10), Chang Type Industrial Co's current stock price is NT$31.70. Chang Type Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$59.98. Chang Type Industrial Co's Cyclically Adjusted PS Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chang Type Industrial Co was 1.51. The lowest was 0.50. And the median was 0.86.


Chang Type Industrial Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Chang Type Industrial 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.

Chang Type Industrial Co Cyclically Adjusted Revenue per Share Chart

Chang Type Industrial 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 38.05 41.44 50.10 55.94 59.07

Chang Type Industrial 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 57.02 58.02 58.64 59.07 59.98

Competitive Comparison of Chang Type Industrial Co's Cyclically Adjusted Revenue per Share

For the Tools & Accessories subindustry, Chang Type Industrial 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.


Chang Type Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chang Type Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chang Type Industrial Co's Cyclically Adjusted PS Ratio falls into.



Chang Type Industrial 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, Chang Type Industrial 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)
=9.156/131.7762*131.7762
=9.156

Current CPI (Mar. 2024) = 131.7762.

Chang Type Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.320 100.560 10.903
201409 9.385 100.428 12.315
201412 8.279 99.070 11.012
201503 8.476 99.621 11.212
201506 8.187 100.684 10.715
201509 12.387 100.392 16.259
201512 7.660 99.792 10.115
201603 10.939 100.470 14.348
201606 10.301 101.688 13.349
201609 12.364 101.861 15.995
201612 11.173 101.863 14.454
201703 10.616 102.862 13.600
201706 10.553 103.349 13.456
201709 12.797 104.136 16.194
201712 12.230 104.011 15.495
201803 9.162 105.290 11.467
201806 12.305 106.317 15.252
201809 12.790 106.507 15.825
201812 11.149 105.998 13.860
201903 11.550 107.251 14.191
201906 15.439 108.070 18.826
201909 15.115 108.329 18.386
201912 11.136 108.420 13.535
202003 14.087 108.902 17.046
202006 15.210 108.767 18.428
202009 18.486 109.815 22.183
202012 19.169 109.897 22.985
202103 16.236 111.754 19.145
202106 18.188 114.631 20.908
202109 22.555 115.734 25.681
202112 22.068 117.630 24.722
202203 20.130 121.301 21.868
202206 12.888 125.017 13.585
202209 10.101 125.227 10.629
202212 8.346 125.222 8.783
202303 7.449 127.348 7.708
202306 12.098 128.729 12.384
202309 9.552 129.860 9.693
202312 13.831 129.419 14.083
202403 9.156 131.776 9.156

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


Chang Type Industrial Co  (TPE:1541) 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.

Chang Type Industrial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=31.70/59.98
=0.53

* 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 Chang Type Industrial Co was 1.51. The lowest was 0.50. And the median was 0.86.


Be Aware

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


Chang Type Industrial Co Cyclically Adjusted Revenue per Share Related Terms

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


Chang Type Industrial Co (TPE:1541) Business Description

Traded in Other Exchanges
N/A
Address
No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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