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Parade Technologies (ROCO:4966) Cyclically Adjusted Revenue per Share : NT$187.25 (As of Mar. 2024)


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What is Parade Technologies 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.

Parade Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was NT$47.767. 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$187.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Parade Technologies's average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.70% 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 Parade Technologies was 19.40% per year. The lowest was 17.70% per year. And the median was 18.55% per year.

As of today (2024-06-05), Parade Technologies's current stock price is NT$805.00. Parade Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$187.25. Parade Technologies's Cyclically Adjusted PS Ratio of today is 4.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Parade Technologies was 15.94. The lowest was 3.62. And the median was 7.33.


Parade Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Parade Technologies'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.

Parade Technologies Cyclically Adjusted Revenue per Share Chart

Parade Technologies 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 97.45 111.20 140.04 165.92 181.53

Parade Technologies 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 171.51 175.98 180.15 181.53 187.25

Competitive Comparison of Parade Technologies's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Parade Technologies'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.


Parade Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Parade Technologies 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, Parade Technologies'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)
=47.767/131.7762*131.7762
=47.767

Current CPI (Mar. 2024) = 131.7762.

Parade Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.681 100.560 24.480
201409 23.321 100.428 30.601
201412 22.249 99.070 29.594
201503 19.957 99.621 26.399
201506 19.997 100.684 26.172
201509 25.566 100.392 33.559
201512 28.817 99.792 38.053
201603 30.664 100.470 40.219
201606 29.137 101.688 37.758
201609 27.138 101.861 35.108
201612 31.297 101.863 40.488
201703 30.225 102.862 38.721
201706 33.265 103.349 42.415
201709 34.768 104.136 43.996
201712 33.430 104.011 42.354
201803 29.668 105.290 37.131
201806 28.434 106.317 35.243
201809 32.863 106.507 40.660
201812 38.964 105.998 48.440
201903 35.968 107.251 44.193
201906 35.318 108.070 43.066
201909 40.226 108.329 48.933
201912 35.827 108.420 43.545
202003 37.037 108.902 44.817
202006 45.392 108.767 54.994
202009 55.243 109.815 66.291
202012 53.321 109.897 63.937
202103 53.877 111.754 63.530
202106 60.740 114.631 69.825
202109 65.922 115.734 75.059
202112 66.660 117.630 74.677
202203 73.176 121.301 79.495
202206 78.874 125.017 83.139
202209 56.503 125.227 59.458
202212 39.341 125.222 41.400
202303 38.377 127.348 39.712
202306 40.246 128.729 41.199
202309 46.503 129.860 47.189
202312 47.977 129.419 48.851
202403 47.767 131.776 47.767

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


Parade Technologies  (ROCO:4966) 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.

Parade Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=805.00/187.25
=4.30

* 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 Parade Technologies was 15.94. The lowest was 3.62. And the median was 7.33.


Be Aware

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


Parade Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Parade Technologies (ROCO:4966) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 335, Ruiguang Road, 14th Floor, Neihu District, Taipei, TWN, 114
Parade Technologies Ltd supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serve customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors. The company has branch offices and subsidiaries dedicated to designing, engineering, support, and logistical services in Asian countries, but services a global customer base.

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