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Gloria Material Technology (ROCO:5009) Cyclically Adjusted Revenue per Share : NT$26.85 (As of Mar. 2024)


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What is Gloria Material Technology 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.

Gloria Material Technology's adjusted revenue per share for the three months ended in Mar. 2024 was NT$5.176. 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$26.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gloria Material Technology's average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% 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 Gloria Material Technology was 1.40% per year. The lowest was 0.60% per year. And the median was 1.00% per year.

As of today (2024-06-09), Gloria Material Technology's current stock price is NT$51.30. Gloria Material Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$26.85. Gloria Material Technology's Cyclically Adjusted PS Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gloria Material Technology was 2.22. The lowest was 0.57. And the median was 0.89.


Gloria Material Technology Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Cyclically Adjusted Revenue per Share Chart

Gloria Material Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.54 25.00 24.56 24.96 26.08

Gloria Material Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 26.08 26.47 26.66 26.71 26.85

Competitive Comparison of Gloria Material Technology's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Gloria Material Technology'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.


Gloria Material Technology's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gloria Material Technology's Cyclically Adjusted PS Ratio falls into.



Gloria Material Technology 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, Gloria Material Technology'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)
=5.176/131.7762*131.7762
=5.176

Current CPI (Mar. 2024) = 131.7762.

Gloria Material Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.122 99.695 8.092
201406 6.777 100.560 8.881
201409 6.750 100.428 8.857
201412 6.578 99.070 8.750
201503 6.615 99.621 8.750
201506 6.143 100.684 8.040
201509 5.662 100.392 7.432
201512 4.636 99.792 6.122
201603 4.477 100.470 5.872
201606 4.653 101.688 6.030
201609 4.990 101.861 6.455
201612 4.879 101.863 6.312
201703 4.740 102.862 6.072
201706 5.338 103.349 6.806
201709 5.411 104.136 6.847
201712 5.079 104.011 6.435
201803 5.188 105.290 6.493
201806 5.900 106.317 7.313
201809 6.091 106.507 7.536
201812 6.137 105.998 7.629
201903 5.952 107.251 7.313
201906 6.305 108.070 7.688
201909 6.155 108.329 7.487
201912 5.605 108.420 6.812
202003 5.117 108.902 6.192
202006 4.461 108.767 5.405
202009 3.505 109.815 4.206
202012 3.640 109.897 4.365
202103 4.046 111.754 4.771
202106 4.590 114.631 5.277
202109 5.440 115.734 6.194
202112 5.679 117.630 6.362
202203 5.908 121.301 6.418
202206 7.018 125.017 7.397
202209 6.673 125.227 7.022
202212 6.191 125.222 6.515
202303 6.192 127.348 6.407
202306 6.795 128.729 6.956
202309 5.725 129.860 5.809
202403 5.176 131.776 5.176

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


Gloria Material Technology  (ROCO:5009) 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.

Gloria Material Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=51.30/26.85
=1.91

* 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 Gloria Material Technology was 2.22. The lowest was 0.57. And the median was 0.89.


Be Aware

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


Gloria Material Technology Cyclically Adjusted Revenue per Share Related Terms

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


Gloria Material Technology (ROCO:5009) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

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