GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chung Hwa Chemical Industrial Works Ltd (TPE:1727) » Definitions » Cyclically Adjusted Revenue per Share

Chung Hwa Chemical Industrial Works (TPE:1727) Cyclically Adjusted Revenue per Share : NT$23.73 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Chung Hwa Chemical Industrial Works 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.

Chung Hwa Chemical Industrial Works's adjusted revenue per share for the three months ended in Mar. 2024 was NT$3.825. 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$23.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Chung Hwa Chemical Industrial Works's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Chung Hwa Chemical Industrial Works was 3.10% per year. The lowest was 2.70% per year. And the median was 2.90% per year.

As of today (2024-06-09), Chung Hwa Chemical Industrial Works's current stock price is NT$28.65. Chung Hwa Chemical Industrial Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$23.73. Chung Hwa Chemical Industrial Works's Cyclically Adjusted PS Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chung Hwa Chemical Industrial Works was 2.50. The lowest was 0.36. And the median was 1.12.


Chung Hwa Chemical Industrial Works Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Chung Hwa Chemical Industrial Works'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.

Chung Hwa Chemical Industrial Works Cyclically Adjusted Revenue per Share Chart

Chung Hwa Chemical Industrial Works 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 21.74 21.70 22.79 23.81 23.51

Chung Hwa Chemical Industrial Works 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 23.91 23.87 23.81 23.51 23.73

Competitive Comparison of Chung Hwa Chemical Industrial Works's Cyclically Adjusted Revenue per Share

For the Chemicals subindustry, Chung Hwa Chemical Industrial Works'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.


Chung Hwa Chemical Industrial Works's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chung Hwa Chemical Industrial Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chung Hwa Chemical Industrial Works's Cyclically Adjusted PS Ratio falls into.



Chung Hwa Chemical Industrial Works 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, Chung Hwa Chemical Industrial Works'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)
=3.825/131.7762*131.7762
=3.825

Current CPI (Mar. 2024) = 131.7762.

Chung Hwa Chemical Industrial Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.655 100.560 7.410
201409 5.162 100.428 6.773
201412 5.640 99.070 7.502
201503 5.090 99.621 6.733
201506 5.319 100.684 6.962
201509 4.674 100.392 6.135
201512 5.024 99.792 6.634
201603 4.533 100.470 5.945
201606 4.434 101.688 5.746
201609 4.741 101.861 6.133
201612 5.380 101.863 6.960
201703 5.059 102.862 6.481
201706 5.237 103.349 6.677
201709 5.916 104.136 7.486
201712 6.059 104.011 7.676
201803 6.281 105.290 7.861
201806 5.945 106.317 7.369
201809 5.867 106.507 7.259
201812 5.927 105.998 7.368
201903 5.028 107.251 6.178
201906 5.519 108.070 6.730
201909 5.240 108.329 6.374
201912 4.065 108.420 4.941
202003 4.404 108.902 5.329
202006 3.857 108.767 4.673
202009 3.768 109.815 4.522
202012 4.031 109.897 4.834
202103 3.973 111.754 4.685
202106 4.248 114.631 4.883
202109 4.672 115.734 5.320
202112 5.625 117.630 6.301
202203 5.554 121.301 6.034
202206 5.105 125.017 5.381
202209 5.611 125.227 5.904
202212 5.231 125.222 5.505
202303 3.464 127.348 3.584
202306 3.280 128.729 3.358
202309 3.539 129.860 3.591
202312 4.141 129.419 4.216
202403 3.825 131.776 3.825

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


Chung Hwa Chemical Industrial Works  (TPE:1727) 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.

Chung Hwa Chemical Industrial Works's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28.65/23.73
=1.21

* 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 Chung Hwa Chemical Industrial Works was 2.50. The lowest was 0.36. And the median was 1.12.


Be Aware

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


Chung Hwa Chemical Industrial Works Cyclically Adjusted Revenue per Share Related Terms

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


Chung Hwa Chemical Industrial Works (TPE:1727) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Industrial Road, Guanyin District, Taoyuan, TWN
Chung Hwa Chemical Industrial Works Ltd operates as a chemical manufacturer. The products categories offered by the company include basic chemicals, special chemical products, biomass chemicals, alkali, sulfonated monomers, thermal paper material, and surfactant surface active agents.

Chung Hwa Chemical Industrial Works (TPE:1727) Headlines

No Headlines