GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tainan Enterprises Co Ltd (TPE:1473) » Definitions » Cyclically Adjusted Revenue per Share

Tainan Enterprises Co (TPE:1473) Cyclically Adjusted Revenue per Share : NT$64.48 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Tainan Enterprises 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.

Tainan Enterprises Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$15.817. 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$64.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tainan Enterprises Co's average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% 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 Tainan Enterprises Co was -1.00% per year. The lowest was -1.30% per year. And the median was -1.15% per year.

As of today (2024-06-08), Tainan Enterprises Co's current stock price is NT$55.00. Tainan Enterprises Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$64.48. Tainan Enterprises Co's Cyclically Adjusted PS Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tainan Enterprises Co was 0.72. The lowest was 0.26. And the median was 0.29.


Tainan Enterprises Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tainan Enterprises 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.

Tainan Enterprises Co Cyclically Adjusted Revenue per Share Chart

Tainan Enterprises 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 68.78 66.23 66.27 66.04 64.18

Tainan Enterprises 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 65.89 65.65 65.18 64.18 64.48

Competitive Comparison of Tainan Enterprises Co's Cyclically Adjusted Revenue per Share

For the Apparel Manufacturing subindustry, Tainan Enterprises 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.


Tainan Enterprises Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprises Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tainan Enterprises Co's Cyclically Adjusted PS Ratio falls into.



Tainan Enterprises 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, Tainan Enterprises 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)
=15.817/131.7762*131.7762
=15.817

Current CPI (Mar. 2024) = 131.7762.

Tainan Enterprises Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.862 100.560 18.165
201409 15.324 100.428 20.107
201412 15.181 99.070 20.193
201503 17.136 99.621 22.667
201506 13.744 100.684 17.988
201509 17.560 100.392 23.050
201512 17.278 99.792 22.816
201603 19.493 100.470 25.567
201606 14.117 101.688 18.294
201609 18.077 101.861 23.386
201612 11.991 101.863 15.512
201703 14.902 102.862 19.091
201706 12.015 103.349 15.320
201709 16.868 104.136 21.345
201712 12.370 104.011 15.672
201803 15.093 105.290 18.890
201806 13.230 106.317 16.398
201809 17.246 106.507 21.338
201812 11.162 105.998 13.877
201903 14.506 107.251 17.823
201906 12.077 108.070 14.726
201909 15.366 108.329 18.692
201912 10.938 108.420 13.294
202003 13.546 108.902 16.391
202006 7.291 108.767 8.833
202009 11.650 109.815 13.980
202012 8.459 109.897 10.143
202103 11.655 111.754 13.743
202106 6.265 114.631 7.202
202109 11.208 115.734 12.762
202112 10.169 117.630 11.392
202203 15.899 121.301 17.272
202206 11.623 125.017 12.251
202209 12.800 125.227 13.469
202212 11.145 125.222 11.728
202303 11.936 127.348 12.351
202306 10.330 128.729 10.575
202309 11.558 129.860 11.729
202312 10.772 129.419 10.968
202403 15.817 131.776 15.817

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


Tainan Enterprises Co  (TPE:1473) 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.

Tainan Enterprises Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=55.00/64.48
=0.85

* 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 Tainan Enterprises Co was 0.72. The lowest was 0.26. And the median was 0.29.


Be Aware

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


Tainan Enterprises Co Cyclically Adjusted Revenue per Share Related Terms

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


Tainan Enterprises Co (TPE:1473) Business Description

Traded in Other Exchanges
N/A
Address
No.15-1, Han-Chou South Road, Sec.1, Taipei, TWN
Tainan Enterprises Co Ltd engages in the manufacturing, retail and export of various kinds of apparels (including woven and knitted garments) in Taiwan. It is principally involved in the manufacturing of all kinds of clothes. Its products include pants, shirts, dresses, skirts, jackets, vests, and coats. It provides its products under agent brands, such as Camel Active and New man, as well as its own brands, including Tony Jeans, TW Design, Emely Sweetie and others. Geographically the company distributes its services in Taiwan and the United States.

Tainan Enterprises Co (TPE:1473) Headlines

No Headlines