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FENG HSIN STEEL CO (TPE:2015) Cyclically Adjusted Revenue per Share : NT$60.66 (As of Mar. 2024)


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What is FENG HSIN STEEL CO 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.

FENG HSIN STEEL CO's adjusted revenue per share for the three months ended in Mar. 2024 was NT$14.560. 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$60.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FENG HSIN STEEL CO's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 FENG HSIN STEEL CO was 3.80% per year. The lowest was 0.40% per year. And the median was 2.10% per year.

As of today (2024-06-07), FENG HSIN STEEL CO's current stock price is NT$71.60. FENG HSIN STEEL CO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$60.66. FENG HSIN STEEL CO's Cyclically Adjusted PS Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FENG HSIN STEEL CO was 1.73. The lowest was 0.78. And the median was 1.14.


FENG HSIN STEEL CO Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FENG HSIN STEEL CO'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.

FENG HSIN STEEL CO Cyclically Adjusted Revenue per Share Chart

FENG HSIN STEEL CO 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 57.93 53.51 55.77 58.59 59.80

FENG HSIN STEEL CO 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 59.39 59.92 60.20 59.80 60.66

Competitive Comparison of FENG HSIN STEEL CO's Cyclically Adjusted Revenue per Share

For the Steel subindustry, FENG HSIN STEEL CO'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.


FENG HSIN STEEL CO's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where FENG HSIN STEEL CO's Cyclically Adjusted PS Ratio falls into.



FENG HSIN STEEL CO 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, FENG HSIN STEEL CO'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)
=14.56/131.7762*131.7762
=14.560

Current CPI (Mar. 2024) = 131.7762.

FENG HSIN STEEL CO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.946 100.560 18.275
201409 12.433 100.428 16.314
201412 12.867 99.070 17.115
201503 11.937 99.621 15.790
201506 10.112 100.684 13.235
201509 8.798 100.392 11.548
201512 9.361 99.792 12.361
201603 7.796 100.470 10.225
201606 9.237 101.688 11.970
201609 8.624 101.861 11.157
201612 10.320 101.863 13.351
201703 10.802 102.862 13.838
201706 10.494 103.349 13.380
201709 8.783 104.136 11.114
201712 12.414 104.011 15.728
201803 11.626 105.290 14.551
201806 14.109 106.317 17.488
201809 13.495 106.507 16.697
201812 13.887 105.998 17.264
201903 12.081 107.251 14.844
201906 11.839 108.070 14.436
201909 11.467 108.329 13.949
201912 12.250 108.420 14.889
202003 11.177 108.902 13.525
202006 11.289 108.767 13.677
202009 11.234 109.815 13.481
202012 12.975 109.897 15.558
202103 13.551 111.754 15.979
202106 16.813 114.631 19.328
202109 16.606 115.734 18.908
202112 18.584 117.630 20.819
202203 17.043 121.301 18.515
202206 18.594 125.017 19.599
202209 15.096 125.227 15.886
202212 15.405 125.222 16.211
202303 14.997 127.348 15.519
202306 15.362 128.729 15.726
202309 13.741 129.860 13.944
202312 15.605 129.419 15.889
202403 14.560 131.776 14.560

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


FENG HSIN STEEL CO  (TPE:2015) 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.

FENG HSIN STEEL CO's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=71.60/60.66
=1.18

* 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 FENG HSIN STEEL CO was 1.73. The lowest was 0.78. And the median was 1.14.


Be Aware

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


FENG HSIN STEEL CO Cyclically Adjusted Revenue per Share Related Terms

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


FENG HSIN STEEL CO (TPE:2015) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421
FENG HSIN STEEL CO LTD is a company that is primarily engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

FENG HSIN STEEL CO (TPE:2015) Headlines

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