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Fubon Financial Holdings Co (TPE:2881) Cyclically Adjusted Revenue per Share : NT$36.85 (As of Dec. 2023)


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What is Fubon Financial Holdings 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.

Fubon Financial Holdings Co's adjusted revenue per share for the three months ended in Dec. 2023 was NT$1.214. 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$36.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fubon Financial Holdings Co's average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% 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 Fubon Financial Holdings Co was 4.70% per year. The lowest was 2.00% per year. And the median was 3.35% per year.

As of today (2024-05-24), Fubon Financial Holdings Co's current stock price is NT$72.50. Fubon Financial Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$36.85. Fubon Financial Holdings Co's Cyclically Adjusted PS Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fubon Financial Holdings Co was 2.02. The lowest was 0.91. And the median was 1.40.


Fubon Financial Holdings Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Fubon Financial Holdings 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.

Fubon Financial Holdings Co Cyclically Adjusted Revenue per Share Chart

Fubon Financial Holdings 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 33.49 34.75 38.31 38.43 36.85

Fubon Financial Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 38.43 38.36 38.18 37.87 36.85

Competitive Comparison of Fubon Financial Holdings Co's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Fubon Financial Holdings 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.


Fubon Financial Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Fubon Financial Holdings 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, Fubon Financial Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.214/129.4194*129.4194
=1.214

Current CPI (Dec. 2023) = 129.4194.

Fubon Financial Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.855 99.695 10.197
201406 6.763 100.560 8.704
201409 9.028 100.428 11.634
201412 7.094 99.070 9.267
201503 7.052 99.621 9.161
201506 8.133 100.684 10.454
201509 10.423 100.392 13.437
201512 9.123 99.792 11.831
201603 8.750 100.470 11.271
201606 9.567 101.688 12.176
201609 8.966 101.861 11.392
201612 7.964 101.863 10.118
201703 9.068 102.862 11.409
201706 6.942 103.349 8.693
201709 8.800 104.136 10.937
201712 7.075 104.011 8.803
201803 9.013 105.290 11.079
201806 6.861 106.317 8.352
201809 9.690 106.507 11.775
201812 6.660 105.998 8.132
201903 8.823 107.251 10.647
201906 6.809 108.070 8.154
201909 10.709 108.329 12.794
201912 8.570 108.420 10.230
202003 10.743 108.902 12.767
202006 7.140 108.767 8.496
202009 10.033 109.815 11.824
202012 8.487 109.897 9.995
202103 11.698 111.754 13.547
202106 8.886 114.631 10.032
202109 8.925 115.734 9.980
202112 8.087 117.630 8.898
202203 10.207 121.301 10.890
202206 5.970 125.017 6.180
202209 5.009 125.227 5.177
202212 -2.480 125.222 -2.563
202303 2.477 127.348 2.517
202306 4.541 128.729 4.565
202309 4.339 129.860 4.324
202312 1.214 129.419 1.214

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


Fubon Financial Holdings Co  (TPE:2881) 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.

Fubon Financial Holdings Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=72.50/36.85
=1.97

* 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 Fubon Financial Holdings Co was 2.02. The lowest was 0.91. And the median was 1.40.


Be Aware

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


Fubon Financial Holdings Co Cyclically Adjusted Revenue per Share Related Terms

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


Fubon Financial Holdings Co (TPE:2881) Business Description

Traded in Other Exchanges
Address
No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104
Fubon Financial Holdings Co Ltd is a full-service financial holding company. The company's segments include Bank business; Insurance business; Life insurance business; Securities business and others. It generates maximum revenue from Insurance business segment. The Insurance business segment provides a variety of life and property insurance services. Its Bank business segment is engaged in banking business. Geographically, it derives a majority of its revenue from Taiwan.

Fubon Financial Holdings Co (TPE:2881) Headlines

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