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Cathay Financial Holding Co (Cathay Financial Holding Co) Cyclically Adjusted Revenue per Share : $13.56 (As of Mar. 2024)


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What is Cathay Financial Holding 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.

Cathay Financial Holding Co's adjusted revenue per share for the three months ended in Mar. 2024 was $2.742. 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 $13.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cathay Financial Holding Co's average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.60% 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 Cathay Financial Holding Co was 7.70% per year. The lowest was 4.60% per year. And the median was 6.15% per year.

As of today (2024-06-06), Cathay Financial Holding Co's current stock price is $14.63. Cathay Financial Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.56. Cathay Financial Holding Co's Cyclically Adjusted PS Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cathay Financial Holding Co was 1.53. The lowest was 0.79. And the median was 1.08.


Cathay Financial Holding Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co Cyclically Adjusted Revenue per Share Chart

Cathay Financial Holding 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 12.55 13.59 10.36 16.41 14.12

Cathay Financial Holding 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 15.80 15.38 14.91 14.12 13.56

Competitive Comparison of Cathay Financial Holding Co's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cathay Financial Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Financial Holding Co's Cyclically Adjusted PS Ratio falls into.



Cathay Financial Holding 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, Cathay Financial Holding 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)
=2.742/131.7762*131.7762
=2.742

Current CPI (Mar. 2024) = 131.7762.

Cathay Financial Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.111 100.560 2.766
201409 3.049 100.428 4.001
201412 3.035 99.070 4.037
201503 2.583 99.621 3.417
201506 3.348 100.684 4.382
201509 2.640 100.392 3.465
201512 2.194 99.792 2.897
201603 2.860 100.470 3.751
201606 3.340 101.688 4.328
201609 3.740 101.861 4.838
201612 3.154 101.863 4.080
201703 3.219 102.862 4.124
201706 3.765 103.349 4.801
201709 3.974 104.136 5.029
201712 4.064 104.011 5.149
201803 3.245 105.290 4.061
201806 2.927 106.317 3.628
201809 2.637 106.507 3.263
201812 2.925 105.998 3.636
201903 3.160 107.251 3.883
201906 2.548 108.070 3.107
201909 3.522 108.329 4.284
201912 4.257 108.420 5.174
202003 4.055 108.902 4.907
202006 4.165 108.767 5.046
202009 3.990 109.815 4.788
202012 4.233 109.897 5.076
202103 4.934 111.754 5.818
202106 3.614 114.631 4.155
202109 3.488 115.734 3.971
202112 4.027 117.630 4.511
202203 3.890 121.301 4.226
202206 2.263 125.017 2.385
202209 2.054 125.227 2.161
202212 0.742 125.222 0.781
202303 1.297 127.348 1.342
202306 1.790 128.729 1.832
202309 1.701 129.860 1.726
202312 0.881 129.419 0.897
202403 2.742 131.776 2.742

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


Cathay Financial Holding Co  (OTCPK:CHYFF) 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.

Cathay Financial Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.63/13.56
=1.08

* 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 Cathay Financial Holding Co was 1.53. The lowest was 0.79. And the median was 1.08.


Be Aware

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


Cathay Financial Holding Co Cyclically Adjusted Revenue per Share Related Terms

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


Cathay Financial Holding Co (Cathay Financial Holding Co) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.