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Elite Material Co (TPE:2383) Cyclically Adjusted Revenue per Share : NT$99.43 (As of Mar. 2024)


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What is Elite Material 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.

Elite Material Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$37.119. 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$99.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elite Material Co's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.40% 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 Elite Material Co was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-06-09), Elite Material Co's current stock price is NT$438.00. Elite Material Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$99.43. Elite Material Co's Cyclically Adjusted PS Ratio of today is 4.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Elite Material Co was 5.56. The lowest was 1.30. And the median was 2.33.


Elite Material Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Elite Material 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.

Elite Material Co Cyclically Adjusted Revenue per Share Chart

Elite Material Co 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 - 65.05 68.86 79.75 89.85

Elite Material Co 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 89.85 91.80 93.69 96.03 99.43

Competitive Comparison of Elite Material Co's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, Elite Material 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.


Elite Material Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Elite Material Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Elite Material 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, Elite Material 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)
=37.119/131.7762*131.7762
=37.119

Current CPI (Mar. 2024) = 131.7762.

Elite Material Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.207 99.695 17.457
201406 13.800 100.560 18.084
201409 15.995 100.428 20.988
201412 16.834 99.070 22.392
201503 15.546 99.621 20.564
201506 15.266 100.684 19.980
201509 18.807 100.392 24.687
201512 15.569 99.792 20.559
201603 15.045 100.470 19.733
201606 16.545 101.688 21.440
201609 19.109 101.861 24.721
201612 18.306 101.863 23.682
201703 18.022 102.862 23.088
201706 18.222 103.349 23.234
201709 18.640 104.136 23.588
201712 17.111 104.011 21.679
201803 15.956 105.290 19.970
201806 17.500 106.317 21.691
201809 19.447 106.507 24.061
201812 16.128 105.998 20.050
201903 15.213 107.251 18.692
201906 18.263 108.070 22.269
201909 20.949 108.329 25.483
201912 20.283 108.420 24.652
202003 17.677 108.902 21.390
202006 18.916 108.767 22.918
202009 22.446 109.815 26.935
202012 22.489 109.897 26.966
202103 23.992 111.754 28.290
202106 28.691 114.631 32.982
202109 32.313 115.734 36.792
202112 30.450 117.630 34.112
202203 29.742 121.301 32.310
202206 29.690 125.017 31.295
202209 28.805 125.227 30.312
202212 25.498 125.222 26.833
202303 21.169 127.348 21.905
202306 26.248 128.729 26.869
202309 33.995 129.860 34.497
202403 37.119 131.776 37.119

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


Elite Material Co  (TPE:2383) 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.

Elite Material Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=438.00/99.43
=4.41

* 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 Elite Material Co was 5.56. The lowest was 1.30. And the median was 2.33.


Be Aware

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


Elite Material Co Cyclically Adjusted Revenue per Share Related Terms

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


Elite Material Co (TPE:2383) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elite Material Co Ltd (TPE:2383) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
No. 18, Datong 1st Road, Guanyin District, Taoyuan, TWN, 328
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals and raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: The domestic segment produces and sells different types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components, the Foreign segment produces and sells prepreg for printed circuit board and copper-clad laminate, and Other segments include investment and product exchange business. Geographically, It operates in Taiwan, China, and Other countries.

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