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Sung Gang (ROCO:6240) Cyclically Adjusted Revenue per Share : NT$5.66 (As of Mar. 2024)


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What is Sung Gang 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.

Sung Gang's adjusted revenue per share for the three months ended in Mar. 2024 was NT$0.503. 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$5.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sung Gang's average Cyclically Adjusted Revenue Growth Rate was -20.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -30.10% 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 Sung Gang was -30.10% per year. The lowest was -53.40% per year. And the median was -41.75% per year.

As of today (2024-06-08), Sung Gang's current stock price is NT$22.90. Sung Gang's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$5.66. Sung Gang's Cyclically Adjusted PS Ratio of today is 4.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sung Gang was 4.01. The lowest was 0.15. And the median was 1.93.


Sung Gang Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sung Gang'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.

Sung Gang Cyclically Adjusted Revenue per Share Chart

Sung Gang 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 73.37 17.45 8.69 7.44 5.95

Sung Gang 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 7.13 6.85 6.35 5.95 5.66

Competitive Comparison of Sung Gang's Cyclically Adjusted Revenue per Share

For the Publishing subindustry, Sung Gang'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.


Sung Gang's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sung Gang's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sung Gang 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, Sung Gang'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)
=0.503/131.7762*131.7762
=0.503

Current CPI (Mar. 2024) = 131.7762.

Sung Gang Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.500 100.560 4.587
201409 3.829 100.428 5.024
201412 3.805 99.070 5.061
201503 2.611 99.621 3.454
201506 1.815 100.684 2.375
201509 2.879 100.392 3.779
201512 2.600 99.792 3.433
201603 1.566 100.470 2.054
201606 1.564 101.688 2.027
201609 2.948 101.861 3.814
201612 2.207 101.863 2.855
201703 1.770 102.862 2.268
201706 1.662 103.349 2.119
201709 2.729 104.136 3.453
201712 1.594 104.011 2.020
201803 0.638 105.290 0.798
201806 0.349 106.317 0.433
201809 0.466 106.507 0.577
201812 0.209 105.998 0.260
201903 0.372 107.251 0.457
201906 0.259 108.070 0.316
201909 0.370 108.329 0.450
201912 0.243 108.420 0.295
202003 0.147 108.902 0.178
202006 0.148 108.767 0.179
202009 0.149 109.815 0.179
202012 0.168 109.897 0.201
202103 0.145 111.754 0.171
202106 0.144 114.631 0.166
202109 0.148 115.734 0.169
202112 0.141 117.630 0.158
202203 0.140 121.301 0.152
202206 0.139 125.017 0.147
202209 0.141 125.227 0.148
202212 0.268 125.222 0.282
202303 0.411 127.348 0.425
202306 0.433 128.729 0.443
202309 0.591 129.860 0.600
202312 0.547 129.419 0.557
202403 0.503 131.776 0.503

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


Sung Gang  (ROCO:6240) 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.

Sung Gang's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.90/5.66
=4.05

* 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 Sung Gang was 4.01. The lowest was 0.15. And the median was 1.93.


Be Aware

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


Sung Gang Cyclically Adjusted Revenue per Share Related Terms

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


Sung Gang (ROCO:6240) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Zhongxiao West Road, 100, 9th Floor, Section 1, Zhongzheng District, Taipei, TWN
Sung Gang Corp Ltd publishes computer related books. The company is also involved in the wholesale of information software and leasing industry. Its products portfolio include Information technology books, Commercial software, Application software, and Computer skill test.

Sung Gang (ROCO:6240) Headlines

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