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TRK (TPE:1432) Cyclically Adjusted Revenue per Share : NT$13.93 (As of Mar. 2024)


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What is TRK 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.

TRK's adjusted revenue per share for the three months ended in Mar. 2024 was NT$3.626. 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$13.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TRK's average Cyclically Adjusted Revenue Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% 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 TRK was 2.20% per year. The lowest was -8.80% per year. And the median was -3.30% per year.

As of today (2024-06-08), TRK's current stock price is NT$17.85. TRK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$13.93. TRK's Cyclically Adjusted PS Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TRK was 1.78. The lowest was 0.57. And the median was 1.07.


TRK Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TRK'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.

TRK Cyclically Adjusted Revenue per Share Chart

TRK 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 15.94 12.52 12.08 12.08 13.37

TRK 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 12.37 11.98 11.83 13.37 13.93

Competitive Comparison of TRK's Cyclically Adjusted Revenue per Share

For the Leisure subindustry, TRK'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.


TRK's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TRK's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TRK 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, TRK'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)
=3.626/131.7762*131.7762
=3.626

Current CPI (Mar. 2024) = 131.7762.

TRK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.503 100.560 0.659
201409 0.502 100.428 0.659
201412 0.409 99.070 0.544
201503 0.832 99.621 1.101
201506 0.728 100.684 0.953
201509 1.999 100.392 2.624
201512 1.224 99.792 1.616
201603 1.473 100.470 1.932
201606 3.262 101.688 4.227
201609 3.906 101.861 5.053
201612 2.891 101.863 3.740
201703 3.996 102.862 5.119
201706 3.819 103.349 4.869
201709 4.129 104.136 5.225
201712 3.206 104.011 4.062
201803 2.632 105.290 3.294
201806 2.689 106.317 3.333
201809 4.773 106.507 5.905
201812 2.730 105.998 3.394
201903 4.054 107.251 4.981
201906 3.780 108.070 4.609
201909 4.011 108.329 4.879
201912 3.399 108.420 4.131
202003 4.230 108.902 5.119
202006 3.421 108.767 4.145
202009 4.089 109.815 4.907
202012 3.374 109.897 4.046
202103 3.147 111.754 3.711
202106 1.857 114.631 2.135
202109 2.046 115.734 2.330
202112 3.447 117.630 3.862
202203 2.980 121.301 3.237
202206 2.539 125.017 2.676
202209 3.731 125.227 3.926
202212 3.304 125.222 3.477
202303 3.524 127.348 3.647
202306 3.686 128.729 3.773
202309 4.209 129.860 4.271
202312 3.442 129.419 3.505
202403 3.626 131.776 3.626

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


TRK  (TPE:1432) 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.

TRK's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17.85/13.93
=1.28

* 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 TRK was 1.78. The lowest was 0.57. And the median was 1.07.


Be Aware

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


TRK Cyclically Adjusted Revenue per Share Related Terms

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


TRK (TPE:1432) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No186, Sec 4, Fusing Rd., East District, Taichung, TWN
TRK Corp, formerly Taroko Co Ltd is engaged in the development business of department stores and shopping centers, recreational activities venue business, other leisure services, retail services of educational and entertainment materials, and international trading business. The company earns maximum revenue from the Leisure and recreation segment.

TRK (TPE:1432) Headlines

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