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Astro (ROCO:3064) Cyclically Adjusted PS Ratio : 3.71 (As of Jun. 08, 2024)


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What is Astro Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Astro's current share price is NT$90.00. Astro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$24.26. Astro's Cyclically Adjusted PS Ratio for today is 3.71.

The historical rank and industry rank for Astro's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3064' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.67   Max: 5.58
Current: 3.5

During the past years, Astro's highest Cyclically Adjusted PS Ratio was 5.58. The lowest was 0.97. And the median was 1.67.

ROCO:3064's Cyclically Adjusted PS Ratio is ranked worse than
70.33% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs ROCO:3064: 3.50

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.

Astro's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.627. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is NT$24.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Astro'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.

Astro Cyclically Adjusted PS Ratio Chart

Astro 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 3.39 2.43 1.61 1.61 1.47

Astro 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 1.71 1.91 1.48 1.47 1.68

Competitive Comparison of Astro's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Astro'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.


Astro's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Astro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Astro 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.

Astro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.00/24.26
=3.71

* 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.

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

For example, Astro'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)
=2.627/131.7762*131.7762
=2.627

Current CPI (Mar. 2024) = 131.7762.

Astro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.855 100.560 6.362
201409 2.265 100.428 2.972
201412 6.239 99.070 8.299
201503 3.802 99.621 5.029
201506 5.047 100.684 6.606
201509 5.888 100.392 7.729
201512 4.059 99.792 5.360
201603 20.350 100.470 26.691
201606 3.159 101.688 4.094
201609 2.350 101.861 3.040
201612 2.221 101.863 2.873
201703 0.875 102.862 1.121
201706 1.235 103.349 1.575
201709 1.029 104.136 1.302
201712 3.870 104.011 4.903
201803 1.518 105.290 1.900
201806 1.304 106.317 1.616
201809 5.179 106.507 6.408
201812 11.902 105.998 14.797
201903 7.773 107.251 9.551
201906 3.292 108.070 4.014
201909 3.359 108.329 4.086
201912 3.978 108.420 4.835
202003 4.559 108.902 5.517
202006 13.939 108.767 16.888
202009 14.067 109.815 16.880
202012 12.401 109.897 14.870
202103 12.289 111.754 14.491
202106 8.134 114.631 9.351
202109 3.829 115.734 4.360
202112 5.759 117.630 6.452
202203 3.034 121.301 3.296
202206 2.386 125.017 2.515
202209 1.551 125.227 1.632
202212 1.592 125.222 1.675
202303 1.548 127.348 1.602
202306 1.492 128.729 1.527
202309 2.202 129.860 2.235
202312 1.515 129.419 1.543
202403 2.627 131.776 2.627

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.


Astro  (ROCO:3064) 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.


Astro Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Astro's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Astro (ROCO:3064) Business Description

Traded in Other Exchanges
N/A
Address
10F No.111-1 Hsing De Road, Sanchung, Taipei, TWN
Astro Corp is a Taiwan based company operates under the lottery and gaming business. The business activity of the group includes designing and production of self-service terminal betting machines, various electronic lottery tickets systems and betting games, gaming hardware and software and related management system, at the same time with the online and offline lottery management system integration technology, lottery peripheral products research and development. It offers various casino and multi-player games. Activities are primarily functioned in the region of Taiwan.

Astro (ROCO:3064) Headlines

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