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Shin Ruenn Development Co (ROCO:6186) Cyclically Adjusted Revenue per Share : NT$26.33 (As of Mar. 2024)


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What is Shin Ruenn Development 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.

Shin Ruenn Development Co's adjusted revenue per share for the three months ended in Mar. 2024 was NT$6.435. 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$26.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shin Ruenn Development Co's average Cyclically Adjusted Revenue Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% 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 Shin Ruenn Development Co was 15.80% per year. The lowest was 8.40% per year. And the median was 12.10% per year.

As of today (2024-06-08), Shin Ruenn Development Co's current stock price is NT$101.00. Shin Ruenn Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$26.33. Shin Ruenn Development Co's Cyclically Adjusted PS Ratio of today is 3.84.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shin Ruenn Development Co was 3.60. The lowest was 0.97. And the median was 1.38.


Shin Ruenn Development Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Shin Ruenn Development 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.

Shin Ruenn Development Co Cyclically Adjusted Revenue per Share Chart

Shin Ruenn Development 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 17.79 20.22 24.92 27.59 25.77

Shin Ruenn Development 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 27.53 27.24 27.12 25.77 26.33

Competitive Comparison of Shin Ruenn Development Co's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Shin Ruenn Development 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.


Shin Ruenn Development Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin Ruenn Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Ruenn Development Co's Cyclically Adjusted PS Ratio falls into.



Shin Ruenn Development 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, Shin Ruenn Development 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)
=6.435/131.7762*131.7762
=6.435

Current CPI (Mar. 2024) = 131.7762.

Shin Ruenn Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.967 100.560 2.578
201409 0.000 100.428 0.000
201412 8.951 99.070 11.906
201503 4.534 99.621 5.997
201506 1.355 100.684 1.773
201509 0.127 100.392 0.167
201512 14.983 99.792 19.785
201603 2.894 100.470 3.796
201606 2.600 101.688 3.369
201609 14.460 101.861 18.707
201612 8.035 101.863 10.395
201703 3.751 102.862 4.805
201706 2.843 103.349 3.625
201709 1.280 104.136 1.620
201712 6.633 104.011 8.404
201803 1.641 105.290 2.054
201806 0.970 106.317 1.202
201809 3.141 106.507 3.886
201812 7.111 105.998 8.840
201903 1.373 107.251 1.687
201906 1.635 108.070 1.994
201909 0.375 108.329 0.456
201912 22.982 108.420 27.933
202003 10.441 108.902 12.634
202006 2.541 108.767 3.079
202009 0.790 109.815 0.948
202012 11.128 109.897 13.343
202103 14.172 111.754 16.711
202106 14.132 114.631 16.246
202109 0.554 115.734 0.631
202112 0.024 117.630 0.027
202203 0.011 121.301 0.012
202206 0.008 125.017 0.008
202209 0.122 125.227 0.128
202212 16.098 125.222 16.941
202303 2.072 127.348 2.144
202306 1.414 128.729 1.447
202309 3.379 129.860 3.429
202312 17.273 129.419 17.588
202403 6.435 131.776 6.435

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


Shin Ruenn Development Co  (ROCO:6186) 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.

Shin Ruenn Development Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=101.00/26.33
=3.84

* 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 Shin Ruenn Development Co was 3.60. The lowest was 0.97. And the median was 1.38.


Be Aware

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


Shin Ruenn Development Co Cyclically Adjusted Revenue per Share Related Terms

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


Shin Ruenn Development Co (ROCO:6186) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 109, Section 3, Minsheng East Road, 8th Floor, Songshan District, Taiepi, TWN, 105
Shin Ruenn Development Co Ltd provides development and sale of residential and commercial buildings, villas, and office buildings.

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