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Securitag Assembly Group Co (ROCO:6417) Cyclically Adjusted PS Ratio : 3.44 (As of Jun. 09, 2024)


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What is Securitag Assembly Group Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Securitag Assembly Group Co's current share price is NT$113.50. Securitag Assembly Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$32.96. Securitag Assembly Group Co's Cyclically Adjusted PS Ratio for today is 3.44.

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

ROCO:6417' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 3.19   Max: 5.24
Current: 3.19

During the past years, Securitag Assembly Group Co's highest Cyclically Adjusted PS Ratio was 5.24. The lowest was 2.69. And the median was 3.19.

ROCO:6417's Cyclically Adjusted PS Ratio is ranked worse than
80.56% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs ROCO:6417: 3.19

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.

Securitag Assembly Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$7.754. 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$32.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitag Assembly Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Securitag Assembly Group 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.

Securitag Assembly Group Co Cyclically Adjusted PS Ratio Chart

Securitag Assembly Group 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 - - - 2.80 3.31

Securitag Assembly Group 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 4.79 3.83 3.52 3.31 3.06

Competitive Comparison of Securitag Assembly Group Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Securitag Assembly Group 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.


Securitag Assembly Group Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Securitag Assembly Group 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.

Securitag Assembly Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=113.50/32.96
=3.44

* 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.

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

For example, Securitag Assembly Group 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)
=7.754/131.7762*131.7762
=7.754

Current CPI (Mar. 2024) = 131.7762.

Securitag Assembly Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.376 100.560 7.045
201409 5.682 100.428 7.456
201412 5.932 99.070 7.890
201503 6.523 99.621 8.628
201506 8.185 100.684 10.713
201509 8.162 100.392 10.714
201512 6.348 99.792 8.383
201603 5.572 100.470 7.308
201606 6.320 101.688 8.190
201609 7.008 101.861 9.066
201612 6.975 101.863 9.023
201703 6.413 102.862 8.216
201706 6.077 103.349 7.749
201709 5.487 104.136 6.943
201712 6.369 104.011 8.069
201803 5.769 105.290 7.220
201806 5.822 106.317 7.216
201809 6.135 106.507 7.591
201812 6.249 105.998 7.769
201903 5.701 107.251 7.005
201906 7.068 108.070 8.618
201909 7.345 108.329 8.935
201912 7.539 108.420 9.163
202003 7.111 108.902 8.605
202006 6.793 108.767 8.230
202009 6.791 109.815 8.149
202012 6.185 109.897 7.416
202103 6.587 111.754 7.767
202106 7.213 114.631 8.292
202109 8.013 115.734 9.124
202112 7.155 117.630 8.015
202203 6.217 121.301 6.754
202206 7.330 125.017 7.726
202209 8.798 125.227 9.258
202212 8.698 125.222 9.153
202303 7.792 127.348 8.063
202306 9.766 128.729 9.997
202309 8.891 129.860 9.022
202312 7.212 129.419 7.343
202403 7.754 131.776 7.754

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.


Securitag Assembly Group Co  (ROCO:6417) 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.


Securitag Assembly Group Co Cyclically Adjusted PS Ratio Related Terms

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


Securitag Assembly Group Co (ROCO:6417) Business Description

Traded in Other Exchanges
N/A
Address
NO. 1 Gongye 9th Road, Dali District, Taichung, TWN, 41280
Securitag Assembly Group Co Ltd is Developer and manufacturer of radio frequency identification (RFID) transponders. The group delivers both standard and customized RFID products of inlays, labels, cards, key fobs and tags.

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