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TMP Steel (ROCO:6248) Cyclically Adjusted Revenue per Share : NT$92.35 (As of Mar. 2024)


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What is TMP Steel 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.

TMP Steel's adjusted revenue per share for the three months ended in Mar. 2024 was NT$31.366. 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$92.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TMP Steel's average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.20% 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 TMP Steel was 12.20% per year. The lowest was 4.70% per year. And the median was 8.45% per year.

As of today (2024-06-06), TMP Steel's current stock price is NT$31.00. TMP Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$92.35. TMP Steel's Cyclically Adjusted PS Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TMP Steel was 0.46. The lowest was 0.26. And the median was 0.34.


TMP Steel Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TMP Steel'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.

TMP Steel Cyclically Adjusted Revenue per Share Chart

TMP Steel 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 66.69 62.30 67.67 76.55 88.03

TMP Steel 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 80.38 83.39 86.34 88.03 92.35

Competitive Comparison of TMP Steel's Cyclically Adjusted Revenue per Share

For the Steel subindustry, TMP Steel'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.


TMP Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TMP Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TMP Steel 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, TMP Steel'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)
=31.366/131.7762*131.7762
=31.366

Current CPI (Mar. 2024) = 131.7762.

TMP Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.217 100.560 14.699
201409 18.002 100.428 23.621
201412 26.100 99.070 34.717
201503 16.815 99.621 22.242
201506 9.185 100.684 12.021
201509 9.219 100.392 12.101
201512 12.486 99.792 16.488
201603 10.761 100.470 14.114
201606 13.262 101.688 17.186
201609 12.665 101.861 16.385
201612 15.271 101.863 19.756
201703 10.723 102.862 13.737
201706 12.120 103.349 15.454
201709 12.836 104.136 16.243
201712 13.810 104.011 17.496
201803 13.746 105.290 17.204
201806 16.567 106.317 20.534
201809 19.702 106.507 24.376
201812 23.481 105.998 29.191
201903 21.261 107.251 26.123
201906 24.362 108.070 29.706
201909 18.972 108.329 23.078
201912 24.837 108.420 30.187
202003 18.856 108.902 22.817
202006 20.022 108.767 24.258
202009 21.383 109.815 25.659
202012 15.488 109.897 18.572
202103 19.147 111.754 22.577
202106 27.371 114.631 31.465
202109 20.221 115.734 23.024
202112 29.222 117.630 32.736
202203 27.371 121.301 29.735
202206 26.324 125.017 27.747
202209 27.150 125.227 28.570
202212 22.593 125.222 23.776
202303 31.026 127.348 32.105
202306 28.685 128.729 29.364
202309 23.857 129.860 24.209
202312 28.349 129.419 28.865
202403 31.366 131.776 31.366

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


TMP Steel  (ROCO:6248) 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.

TMP Steel's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=31.00/92.35
=0.34

* 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 TMP Steel was 0.46. The lowest was 0.26. And the median was 0.34.


Be Aware

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


TMP Steel Cyclically Adjusted Revenue per Share Related Terms

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


TMP Steel (ROCO:6248) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMP Steel Corp (ROCO:6248) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
No. 3, Jingjian 11th Road, Lukang Township, Changhua, TWN, 505029
TMP Steel Corp is a Taiwan-based company engaged in offering steel products. It is engaged in the wholesale of hardware and building materials and the manufacture and sale of its components. The company provides steel bars and reinforcement processing solutions to customers.

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