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Kwang Myung Electric Co (XKRX:017040) Cyclically Adjusted Revenue per Share : ₩3,232.55 (As of Mar. 2024)


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What is Kwang Myung Electric 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.

Kwang Myung Electric Co's adjusted revenue per share for the three months ended in Mar. 2024 was ₩858.017. 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 ₩3,232.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kwang Myung Electric Co's average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -11.70% 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 Kwang Myung Electric Co was 5.70% per year. The lowest was -32.30% per year. And the median was -29.90% per year.

As of today (2024-06-10), Kwang Myung Electric Co's current stock price is ₩2185.00. Kwang Myung Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩3,232.55. Kwang Myung Electric Co's Cyclically Adjusted PS Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kwang Myung Electric Co was 1.44. The lowest was 0.28. And the median was 0.75.


Kwang Myung Electric Co Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Kwang Myung Electric 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.

Kwang Myung Electric Co Cyclically Adjusted Revenue per Share Chart

Kwang Myung Electric 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 2,685.32 2,716.53 2,905.13 3,068.37 3,211.76

Kwang Myung Electric 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 3,124.52 3,148.07 3,206.55 3,211.76 3,232.55

Competitive Comparison of Kwang Myung Electric Co's Cyclically Adjusted Revenue per Share

For the Electrical Equipment & Parts subindustry, Kwang Myung Electric 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.


Kwang Myung Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kwang Myung Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kwang Myung Electric Co's Cyclically Adjusted PS Ratio falls into.



Kwang Myung Electric 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, Kwang Myung Electric 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)
=858.017/118.8477*118.8477
=858.017

Current CPI (Mar. 2024) = 118.8477.

Kwang Myung Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 944.966 99.353 1,130.384
201409 502.456 99.608 599.507
201412 1,127.666 99.098 1,352.404
201503 711.500 99.720 847.976
201506 674.739 100.050 801.511
201509 586.377 100.110 696.130
201512 196.373 100.220 232.872
201603 526.677 100.560 622.458
201606 805.306 100.790 949.586
201609 481.276 101.460 563.755
201612 411.174 101.560 481.165
201703 581.397 102.850 671.830
201706 513.789 102.610 595.094
201709 558.405 103.490 641.271
201712 648.064 102.990 747.848
201803 533.516 104.100 609.098
201806 614.577 104.130 701.441
201809 744.161 105.650 837.121
201812 748.396 104.350 852.373
201903 722.172 104.490 821.404
201906 1,013.466 104.880 1,148.437
201909 532.798 105.200 601.918
201912 807.626 105.120 913.094
202003 610.211 105.540 687.153
202006 820.646 104.870 930.027
202009 637.966 106.200 713.943
202012 757.898 105.765 851.644
202103 477.961 107.357 529.117
202106 608.649 107.579 672.406
202109 927.224 108.759 1,013.233
202112 1,364.141 109.676 1,478.212
202203 922.272 111.806 980.360
202206 759.792 114.083 791.526
202209 719.677 114.831 744.849
202212 833.560 115.200 859.952
202303 695.319 116.550 709.029
202306 830.818 117.140 842.931
202309 929.925 119.111 927.868
202312 1,316.512 118.848 1,316.512
202403 858.017 118.848 858.017

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


Kwang Myung Electric Co  (XKRX:017040) 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.

Kwang Myung Electric Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2185.00/3232.55
=0.68

* 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 Kwang Myung Electric Co was 1.44. The lowest was 0.28. And the median was 0.75.


Be Aware

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


Kwang Myung Electric Co Cyclically Adjusted Revenue per Share Related Terms

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


Kwang Myung Electric Co (XKRX:017040) Business Description

Traded in Other Exchanges
N/A
Address
160, Mongnae-ro Danwon-gu, Ansan-si, Gyeonggi, KOR, 15597
Kwang Myung Electric Co Ltd is a South Korea based company engages in the manufacturing of electrical components and switchgear. It offers electric transformers, gas insulated switchgear, protective relays and control boards, and electricity distribution boards.

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