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Himax Technologies (Himax Technologies) Cyclically Adjusted Revenue per Share : $6.08 (As of Dec. 2023)


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What is Himax Technologies 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.

Himax Technologies's adjusted revenue per share for the three months ended in Dec. 2023 was $1.301. 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 $6.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Himax Technologies's average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Himax Technologies was 9.60% per year. The lowest was -0.10% per year. And the median was 1.50% per year.

As of today (2024-04-27), Himax Technologies's current stock price is $5.04. Himax Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.08. Himax Technologies's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Himax Technologies was 3.40. The lowest was 0.40. And the median was 1.53.


Himax Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Himax Technologies'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.

Himax Technologies Cyclically Adjusted Revenue per Share Chart

Himax Technologies 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 4.51 4.66 5.45 5.93 6.08

Himax Technologies 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 5.93 6.04 6.08 6.12 6.08

Competitive Comparison of Himax Technologies's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Himax Technologies'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.


Himax Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Himax Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Himax Technologies's Cyclically Adjusted PS Ratio falls into.



Himax Technologies 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, Himax Technologies'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)
=1.301/129.4194*129.4194
=1.301

Current CPI (Dec. 2023) = 129.4194.

Himax Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.130 99.695 1.467
201406 1.141 100.560 1.468
201409 1.294 100.428 1.668
201412 1.320 99.070 1.724
201503 1.040 99.621 1.351
201506 0.982 100.684 1.262
201509 0.963 100.392 1.241
201512 1.033 99.792 1.340
201603 1.046 100.470 1.347
201606 1.166 101.688 1.484
201609 1.266 101.861 1.609
201612 1.180 101.863 1.499
201703 0.900 102.862 1.132
201706 0.880 103.349 1.102
201709 1.143 104.136 1.421
201712 1.050 104.011 1.306
201803 0.944 105.290 1.160
201806 1.051 106.317 1.279
201809 1.092 106.507 1.327
201812 1.107 105.998 1.352
201903 0.947 107.251 1.143
201906 0.981 108.070 1.175
201909 0.952 108.329 1.137
201912 1.014 108.420 1.210
202003 1.065 108.902 1.266
202006 1.080 108.767 1.285
202009 1.383 109.815 1.630
202012 1.584 109.897 1.865
202103 1.769 111.754 2.049
202106 2.090 114.631 2.360
202109 2.410 115.734 2.695
202112 2.586 117.630 2.845
202203 2.361 121.301 2.519
202206 1.788 125.017 1.851
202209 1.223 125.227 1.264
202212 1.499 125.222 1.549
202303 1.397 127.348 1.420
202306 1.346 128.729 1.353
202309 1.365 129.860 1.360
202312 1.301 129.419 1.301

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


Himax Technologies  (NAS:HIMX) 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.

Himax Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.04/6.08
=0.83

* 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 Himax Technologies was 3.40. The lowest was 0.40. And the median was 1.53.


Be Aware

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


Himax Technologies Cyclically Adjusted Revenue per Share Related Terms

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


Himax Technologies (Himax Technologies) Business Description

Industry
Traded in Other Exchanges
Address
No. 26, Zih Lian Road, Sinshih District, Tainan, TWN, 74148
Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.

Himax Technologies (Himax Technologies) Headlines

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