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Topower Co (ROCO:3226) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 09, 2024)


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What is Topower Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Topower Co's current share price is NT$55.50. Topower Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$33.86. Topower Co's Cyclically Adjusted PS Ratio for today is 1.64.

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

ROCO:3226' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.52   Max: 3.58
Current: 1.64

During the past years, Topower Co's highest Cyclically Adjusted PS Ratio was 3.58. The lowest was 1.61. And the median was 2.52.

ROCO:3226's Cyclically Adjusted PS Ratio is ranked worse than
56.37% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs ROCO:3226: 1.64

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.

Topower Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$8.792. 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$33.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topower Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Topower Co'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.

Topower Co Cyclically Adjusted PS Ratio Chart

Topower Co 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 3.47 3.28 2.59 1.92 1.89

Topower 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 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 1.73 1.90 1.65 1.89 1.69

Competitive Comparison of Topower Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Topower 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.


Topower Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Topower Co 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.

Topower Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.50/33.86
=1.64

* 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.

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

For example, Topower 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)
=8.792/131.7762*131.7762
=8.792

Current CPI (Mar. 2024) = 131.7762.

Topower Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.006 100.560 5.250
201409 3.390 100.428 4.448
201412 3.209 99.070 4.268
201503 3.745 99.621 4.954
201506 4.529 100.684 5.928
201509 4.051 100.392 5.317
201512 4.762 99.792 6.288
201603 5.133 100.470 6.732
201606 4.428 101.688 5.738
201609 4.611 101.861 5.965
201612 5.574 101.863 7.211
201703 5.037 102.862 6.453
201706 4.654 103.349 5.934
201709 4.875 104.136 6.169
201712 6.993 104.011 8.860
201803 5.956 105.290 7.454
201806 6.456 106.317 8.002
201809 7.152 106.507 8.849
201812 7.775 105.998 9.666
201903 7.799 107.251 9.582
201906 7.369 108.070 8.986
201909 7.061 108.329 8.589
201912 7.734 108.420 9.400
202003 8.342 108.902 10.094
202006 7.116 108.767 8.621
202009 11.304 109.815 13.565
202012 11.890 109.897 14.257
202103 10.132 111.754 11.947
202106 12.453 114.631 14.316
202109 11.792 115.734 13.426
202112 10.965 117.630 12.284
202203 10.517 121.301 11.425
202206 11.397 125.017 12.013
202209 7.110 125.227 7.482
202212 5.741 125.222 6.041
202303 6.409 127.348 6.632
202306 9.207 128.729 9.425
202309 9.138 129.860 9.273
202312 8.766 129.419 8.926
202403 8.792 131.776 8.792

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.


Topower Co  (ROCO:3226) 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.


Topower Co Cyclically Adjusted PS Ratio Related Terms

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


Topower Co (ROCO:3226) Business Description

Traded in Other Exchanges
N/A
Address
No.75, Huangong Road, Yongkang District, Tainan, TWN, 71041
Topower Co Ltd is a Taiwan-based company that manufactures switching mode power supply products. The company also engaged in developing auto lamps and accessories including headlights, rear lights, driving lights, fog lights, DRL, work lights, stop lights, front position lights, and warning lights. Its product offerings include auto parts, power supply products, led products, and auto lamps.

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