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Acer (ASIYF) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


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What is Acer Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acer's Cyclically Adjusted PS Ratio 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.

Acer Cyclically Adjusted PS Ratio Chart

Acer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.20 0.27 0.21 0.51

Acer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 0.26 0.29 0.34 0.51 0.45

Competitive Comparison of Acer's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Acer'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.


Acer's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Acer Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Acer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Acer'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)
=0.613/131.7762*131.7762
=0.613

Current CPI (Mar. 2024) = 131.7762.

Acer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.007 100.560 1.320
201409 1.005 100.428 1.319
201412 0.922 99.070 1.226
201503 0.720 99.621 0.952
201506 0.645 100.684 0.844
201509 0.647 100.392 0.849
201512 0.688 99.792 0.909
201603 0.568 100.470 0.745
201606 0.549 101.688 0.711
201609 0.599 101.861 0.775
201612 0.637 101.863 0.824
201703 0.603 102.862 0.772
201706 0.581 103.349 0.741
201709 0.666 104.136 0.843
201712 0.735 104.011 0.931
201803 0.618 105.290 0.773
201806 0.640 106.317 0.793
201809 0.700 106.507 0.866
201812 0.680 105.998 0.845
201903 0.584 107.251 0.718
201906 0.560 108.070 0.683
201909 0.671 108.329 0.816
201912 0.672 108.420 0.817
202003 0.535 108.902 0.647
202006 0.730 108.767 0.884
202009 0.906 109.815 1.087
202012 0.967 109.897 1.160
202103 0.836 111.754 0.986
202106 0.948 114.631 1.090
202109 0.967 115.734 1.101
202112 1.030 117.630 1.154
202203 0.910 121.301 0.989
202206 0.807 125.017 0.851
202209 0.685 125.227 0.721
202212 0.645 125.222 0.679
202303 0.567 127.348 0.587
202306 0.624 128.729 0.639
202309 0.695 129.860 0.705
202312 0.667 129.419 0.679
202403 0.613 131.776 0.613

Add all the adjusted revenue per share together and divide 10 will get our 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.


Acer  (GREY:ASIYF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Acer Cyclically Adjusted PS Ratio Related Terms

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Acer (ASIYF) Business Description

Industry
Traded in Other Exchanges
Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.