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Merida Industry Co (TPE:9914) Cyclically Adjusted Revenue per Share : NT$110.63 (As of Mar. 2024)


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What is Merida Industry 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.

Merida Industry Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$19.502. 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$110.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Merida Industry Co's average Cyclically Adjusted Revenue Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% 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 Merida Industry Co was 6.90% per year. The lowest was 5.20% per year. And the median was 6.05% per year.

As of today (2024-06-12), Merida Industry Co's current stock price is NT$232.50. Merida Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$110.63. Merida Industry Co's Cyclically Adjusted PS Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Merida Industry Co was 3.80. The lowest was 1.09. And the median was 2.06.


Merida Industry Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Merida Industry 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.

Merida Industry Co Cyclically Adjusted Revenue per Share Chart

Merida Industry 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 84.47 87.21 90.81 98.36 106.67

Merida Industry 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 106.67 108.99 110.16 109.98 110.63

Competitive Comparison of Merida Industry Co's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, Merida Industry 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.


Merida Industry Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Merida Industry 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, Merida Industry 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)
=19.502/131.7762*131.7762
=19.502

Current CPI (Mar. 2024) = 131.7762.

Merida Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.870 99.695 24.942
201406 22.469 100.560 29.444
201409 25.741 100.428 33.776
201412 23.392 99.070 31.115
201503 20.638 99.621 27.299
201506 23.407 100.684 30.635
201509 28.324 100.392 37.179
201512 21.116 99.792 27.884
201603 18.134 100.470 23.784
201606 18.743 101.688 24.289
201609 21.148 101.861 27.359
201612 18.280 101.863 23.648
201703 15.973 102.862 20.463
201706 17.666 103.349 22.525
201709 21.983 104.136 27.818
201712 19.179 104.011 24.299
201803 19.220 105.290 24.055
201806 23.642 106.317 29.303
201809 23.599 106.507 29.198
201812 19.739 105.998 24.539
201903 18.578 107.251 22.826
201906 25.111 108.070 30.619
201909 26.134 108.329 31.790
201912 24.382 108.420 29.634
202003 17.525 108.902 21.206
202006 25.302 108.767 30.654
202009 24.161 109.815 28.993
202012 23.009 109.897 27.590
202103 26.770 111.754 31.566
202106 24.287 114.631 27.919
202109 25.037 115.734 28.507
202112 21.840 117.630 24.467
202203 27.120 121.301 29.462
202206 29.394 125.017 30.983
202209 31.409 125.227 33.052
202212 35.198 125.222 37.040
202303 27.872 127.348 28.841
202306 24.873 128.729 25.462
202309 22.316 129.860 22.645
202403 19.502 131.776 19.502

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


Merida Industry Co  (TPE:9914) 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.

Merida Industry Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=232.50/110.63
=2.10

* 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 Merida Industry Co was 3.80. The lowest was 1.09. And the median was 2.06.


Be Aware

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


Merida Industry Co Cyclically Adjusted Revenue per Share Related Terms

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


Merida Industry Co (TPE:9914) Business Description

Traded in Other Exchanges
N/A
Address
No. 116, Meigang Road, Dacun Township, Changhua County, Yuanlin, TWN
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Merida distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.

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