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Phison Electronics (ROCO:8299) Cyclically Adjusted Revenue per Share : NT$277.73 (As of Mar. 2024)


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What is Phison Electronics 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.

Phison Electronics's adjusted revenue per share for the three months ended in Mar. 2024 was NT$76.565. 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$277.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Phison Electronics'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 7.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% 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 Phison Electronics was 7.90% per year. The lowest was 5.80% per year. And the median was 7.80% per year.

As of today (2024-06-10), Phison Electronics's current stock price is NT$593.00. Phison Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$277.73. Phison Electronics's Cyclically Adjusted PS Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Phison Electronics was 2.74. The lowest was 0.99. And the median was 1.53.


Phison Electronics Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Phison Electronics'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.

Phison Electronics Cyclically Adjusted Revenue per Share Chart

Phison Electronics 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 209.12 215.34 240.12 261.67 270.77

Phison Electronics 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 265.99 267.93 270.26 270.77 277.73

Competitive Comparison of Phison Electronics's Cyclically Adjusted Revenue per Share

For the Computer Hardware subindustry, Phison Electronics'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.


Phison Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Phison Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Phison Electronics 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, Phison Electronics'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)
=76.565/131.7762*131.7762
=76.565

Current CPI (Mar. 2024) = 131.7762.

Phison Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 44.089 100.560 57.776
201409 45.606 100.428 59.842
201412 46.557 99.070 61.927
201503 43.032 99.621 56.922
201506 42.390 100.684 55.481
201509 51.284 100.392 67.317
201512 51.798 99.792 68.399
201603 49.645 100.470 65.114
201606 52.687 101.688 68.276
201609 61.994 101.861 80.201
201612 55.305 101.863 71.546
201703 47.897 102.862 61.361
201706 52.952 103.349 67.517
201709 56.226 104.136 71.150
201712 52.913 104.011 67.038
201803 46.648 105.290 58.383
201806 52.055 106.317 64.520
201809 55.771 106.507 69.003
201812 50.280 105.998 62.508
201903 46.873 107.251 57.592
201906 49.464 108.070 60.315
201909 62.609 108.329 76.160
201912 65.908 108.420 80.106
202003 64.308 108.902 77.816
202006 54.949 108.767 66.573
202009 59.873 109.815 71.847
202012 61.434 109.897 73.665
202103 63.741 111.754 75.161
202106 78.985 114.631 90.798
202109 83.431 115.734 94.995
202112 83.023 117.630 93.008
202203 81.801 121.301 88.865
202206 78.595 125.017 82.844
202209 71.405 125.227 75.140
202212 60.217 125.222 63.369
202303 49.359 127.348 51.075
202306 49.955 128.729 51.138
202309 60.065 129.860 60.952
202312 73.691 129.419 75.033
202403 76.565 131.776 76.565

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


Phison Electronics  (ROCO:8299) 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.

Phison Electronics's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=593.00/277.73
=2.14

* 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 Phison Electronics was 2.74. The lowest was 0.99. 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.


Phison Electronics Cyclically Adjusted Revenue per Share Related Terms

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


Phison Electronics (ROCO:8299) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fuxing 1st Street, 10F-6, No.251, Zhubei City, Hsinchu County, TWN, 302
Phison Electronics Corp is a Taiwan-based company engaged in designing and manufacturing flash memory controllers and peripheral system applications. Its product portfolio includes Flash memory module products, Controllers, Integrated circuits, and Others. Geographically company has a presence in Asia, America, Europe, Australia, and Others in which key revenue is derived from Asia.

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