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Mercuries & Associates (TPE:2905) Cyclically Adjusted Revenue per Share : NT$248.93 (As of Mar. 2024)


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What is Mercuries & Associates 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.

Mercuries & Associates's adjusted revenue per share for the three months ended in Mar. 2024 was NT$41.068. 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$248.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mercuries & Associates's average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Mercuries & Associates was 8.40% per year. The lowest was 6.80% per year. And the median was 7.60% per year.

As of today (2024-06-06), Mercuries & Associates's current stock price is NT$17.55. Mercuries & Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$248.93. Mercuries & Associates's Cyclically Adjusted PS Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mercuries & Associates was 0.13. The lowest was 0.05. And the median was 0.09.


Mercuries & Associates Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mercuries & Associates'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.

Mercuries & Associates Cyclically Adjusted Revenue per Share Chart

Mercuries & Associates 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 192.19 203.28 234.14 244.84 247.58

Mercuries & Associates 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 247.49 250.75 251.07 247.58 248.93

Competitive Comparison of Mercuries & Associates's Cyclically Adjusted Revenue per Share

For the Insurance - Life subindustry, Mercuries & Associates'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.


Mercuries & Associates's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mercuries & Associates's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mercuries & Associates's Cyclically Adjusted PS Ratio falls into.



Mercuries & Associates 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, Mercuries & Associates'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)
=41.068/131.7762*131.7762
=41.068

Current CPI (Mar. 2024) = 131.7762.

Mercuries & Associates Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 41.531 100.560 54.423
201409 48.285 100.428 63.357
201412 49.812 99.070 66.257
201503 59.131 99.621 78.217
201506 43.000 100.684 56.279
201509 48.111 100.392 63.152
201512 53.456 99.792 70.589
201603 60.321 100.470 79.117
201606 46.893 101.688 60.768
201609 56.008 101.861 72.457
201612 57.618 101.863 74.538
201703 64.627 102.862 82.793
201706 46.413 103.349 59.179
201709 61.148 104.136 77.378
201712 60.872 104.011 77.121
201803 64.085 105.290 80.206
201806 51.286 106.317 63.567
201809 55.716 106.507 68.935
201812 53.795 105.998 66.878
201903 65.903 107.251 80.973
201906 60.695 108.070 74.009
201909 59.323 108.329 72.163
201912 75.380 108.420 91.619
202003 63.139 108.902 76.401
202006 53.682 108.767 65.038
202009 50.453 109.815 60.543
202012 56.065 109.897 67.227
202103 48.352 111.754 57.015
202106 40.649 114.631 46.729
202109 42.762 115.734 48.689
202112 42.373 117.630 47.469
202203 44.589 121.301 48.440
202206 33.563 125.017 35.378
202209 37.588 125.227 39.554
202212 47.227 125.222 49.699
202303 47.056 127.348 48.692
202306 44.406 128.729 45.457
202309 37.802 129.860 38.360
202312 38.899 129.419 39.607
202403 41.068 131.776 41.068

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


Mercuries & Associates  (TPE:2905) 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.

Mercuries & Associates's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.55/248.93
=0.07

* 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 Mercuries & Associates was 0.13. The lowest was 0.05. And the median was 0.09.


Be Aware

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


Mercuries & Associates Cyclically Adjusted Revenue per Share Related Terms

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


Mercuries & Associates (TPE:2905) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chien Kuo N. Road, 145, Section 2, Taipei, TWN
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. It generates revenue from leasing.

Mercuries & Associates (TPE:2905) Headlines

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