GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Concrad International Securities Co Ltd (ROCO:5864) » Definitions » Cyclically Adjusted Revenue per Share

Concrad International Securities Co (ROCO:5864) Cyclically Adjusted Revenue per Share : NT$1.90 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Concrad International Securities 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.

Concrad International Securities Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$0.524. 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$1.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Concrad International Securities Co's average Cyclically Adjusted Revenue Growth Rate was 3.80% 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.

As of today (2024-06-10), Concrad International Securities Co's current stock price is NT$22.05. Concrad International Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$1.90. Concrad International Securities Co's Cyclically Adjusted PS Ratio of today is 11.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Concrad International Securities Co was 16.12. The lowest was 5.30. And the median was 9.28.


Concrad International Securities Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Concrad International Securities 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.

Concrad International Securities Co Cyclically Adjusted Revenue per Share Chart

Concrad International Securities 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 - - - 1.81 1.86

Concrad International Securities Co 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 1.83 1.85 1.89 1.86 1.90

Competitive Comparison of Concrad International Securities Co's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Concrad International Securities 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.


Concrad International Securities Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Concrad International Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Concrad International Securities Co's Cyclically Adjusted PS Ratio falls into.



Concrad International Securities 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, Concrad International Securities 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)
=0.524/131.7762*131.7762
=0.524

Current CPI (Mar. 2024) = 131.7762.

Concrad International Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.000 96.819 0.000
201212 0.000 96.871 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201512 0.000 99.792 0.000
201606 0.000 101.688 0.000
201609 0.352 101.861 0.455
201612 0.112 101.863 0.145
201703 0.197 102.862 0.252
201706 0.249 103.349 0.317
201709 0.443 104.136 0.561
201712 0.250 104.011 0.317
201803 0.225 105.290 0.282
201806 0.537 106.317 0.666
201809 0.369 106.507 0.457
201812 0.606 105.998 0.753
201903 0.195 107.251 0.240
201906 0.307 108.070 0.374
201909 0.445 108.329 0.541
201912 0.191 108.420 0.232
202003 0.212 108.902 0.257
202006 0.306 108.767 0.371
202009 0.523 109.815 0.628
202012 0.481 109.897 0.577
202103 0.604 111.754 0.712
202106 0.637 114.631 0.732
202109 0.728 115.734 0.829
202112 0.488 117.630 0.547
202203 0.421 121.301 0.457
202206 0.904 125.017 0.953
202209 0.375 125.227 0.395
202212 0.305 125.222 0.321
202303 0.379 127.348 0.392
202306 0.513 128.729 0.525
202309 0.612 129.860 0.621
202312 0.303 129.419 0.309
202403 0.524 131.776 0.524

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


Concrad International Securities Co  (ROCO:5864) 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.

Concrad International Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.05/1.9
=11.61

* 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 Concrad International Securities Co was 16.12. The lowest was 5.30. And the median was 9.28.


Be Aware

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


Concrad International Securities Co Cyclically Adjusted Revenue per Share Related Terms

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


Concrad International Securities Co (ROCO:5864) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Section 3, Simen Road, North District, Tainan, TWN, 704004
Concrad International Securities Co Ltd is engaged in providing security brokerage services. The company provides proprietary trading and underwriting services. The company operates in Brokerage business, Self-employed business and Underwriting business. Majority of revenue is generated from Brokerage business.

Concrad International Securities Co (ROCO:5864) Headlines

No Headlines