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EFUN Technology Co (ROCO:3523) Cyclically Adjusted PS Ratio : 1.28 (As of May. 23, 2024)


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What is EFUN Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), EFUN Technology Co's current share price is NT$18.80. EFUN Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$14.68. EFUN Technology Co's Cyclically Adjusted PS Ratio for today is 1.28.

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

ROCO:3523' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.56   Max: 1.38
Current: 1.28

During the past years, EFUN Technology Co's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.32. And the median was 0.56.

ROCO:3523's Cyclically Adjusted PS Ratio is ranked worse than
55.31% of 1922 companies
in the Hardware industry
Industry Median: 1.06 vs ROCO:3523: 1.28

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.

EFUN Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.202. 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$14.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EFUN Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EFUN Technology 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.

EFUN Technology Co Cyclically Adjusted PS Ratio Chart

EFUN Technology 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 0.43 0.58 0.42 0.85 1.08

EFUN Technology 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 0.95 0.68 1.01 1.08 1.24

Competitive Comparison of EFUN Technology Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, EFUN Technology 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.


EFUN Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



EFUN Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.80/14.68
=1.28

* 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.

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

For example, EFUN Technology 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)
=1.202/131.7762*131.7762
=1.202

Current CPI (Mar. 2024) = 131.7762.

EFUN Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.578 100.560 20.414
201409 12.802 100.428 16.798
201412 11.010 99.070 14.645
201503 10.155 99.621 13.433
201506 9.004 100.684 11.785
201509 5.956 100.392 7.818
201512 6.231 99.792 8.228
201603 5.161 100.470 6.769
201606 4.184 101.688 5.422
201609 3.880 101.861 5.020
201612 3.982 101.863 5.151
201703 3.146 102.862 4.030
201706 2.582 103.349 3.292
201709 1.035 104.136 1.310
201712 0.313 104.011 0.397
201803 0.260 105.290 0.325
201806 0.573 106.317 0.710
201809 0.468 106.507 0.579
201812 0.214 105.998 0.266
201903 0.335 107.251 0.412
201906 0.372 108.070 0.454
201909 0.701 108.329 0.853
201912 0.777 108.420 0.944
202003 0.777 108.902 0.940
202006 1.590 108.767 1.926
202009 1.438 109.815 1.726
202012 0.761 109.897 0.913
202103 1.105 111.754 1.303
202106 1.142 114.631 1.313
202109 1.346 115.734 1.533
202112 1.224 117.630 1.371
202203 0.819 121.301 0.890
202206 0.482 125.017 0.508
202209 0.618 125.227 0.650
202212 0.521 125.222 0.548
202303 0.597 127.348 0.618
202306 0.857 128.729 0.877
202309 0.824 129.860 0.836
202312 0.625 129.419 0.636
202403 1.202 131.776 1.202

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.


EFUN Technology Co  (ROCO:3523) 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.


EFUN Technology Co Cyclically Adjusted PS Ratio Related Terms

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


EFUN Technology Co (ROCO:3523) Business Description

Traded in Other Exchanges
N/A
Address
No. 391, Section 2, Bentian Road, Annan District, Tainan, TWN, 70955
EFUN Technology Co Ltd is an LCD optical film production company. The company is also engaged in the production of ITO touch transparent conductive films, hardened films, explosion-proof films, and roll-type touch modules. The products of the company include quantum dot film, anti-fog film, EMI, anti-reflective coating, an insulation film, and water-blocking film.

EFUN Technology Co (ROCO:3523) Headlines

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