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GlobalWafers Co (ROCO:6488) Cyclically Adjusted PS Ratio : 3.94 (As of May. 22, 2024)


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What is GlobalWafers Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), GlobalWafers Co's current share price is NT$517.00. GlobalWafers Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$131.13. GlobalWafers Co's Cyclically Adjusted PS Ratio for today is 3.94.

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

ROCO:6488' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.62   Med: 4.11   Max: 4.95
Current: 3.96

During the past years, GlobalWafers Co's highest Cyclically Adjusted PS Ratio was 4.95. The lowest was 3.62. And the median was 4.11.

ROCO:6488's Cyclically Adjusted PS Ratio is ranked worse than
69.69% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs ROCO:6488: 3.96

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.

GlobalWafers Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$33.976. 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$131.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobalWafers Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GlobalWafers 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.

GlobalWafers Co Cyclically Adjusted PS Ratio Chart

GlobalWafers 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 - - - - 4.62

GlobalWafers 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 4.23 3.98 3.58 4.62 4.27

Competitive Comparison of GlobalWafers Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, GlobalWafers 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.


GlobalWafers Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



GlobalWafers 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=517.00/131.13
=3.94

* 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.

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

For example, GlobalWafers 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)
=33.976/131.7762*131.7762
=33.976

Current CPI (Mar. 2024) = 131.7762.

GlobalWafers Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.685 100.560 16.623
201409 13.269 100.428 17.411
201412 12.371 99.070 16.455
201503 11.863 99.621 15.692
201506 11.365 100.684 14.875
201509 10.705 100.392 14.052
201512 9.514 99.792 12.563
201603 9.853 100.470 12.923
201606 10.531 101.688 13.647
201609 11.540 101.861 14.929
201612 17.902 101.863 23.159
201703 28.639 102.862 36.689
201706 26.787 103.349 34.155
201709 27.401 104.136 34.674
201712 28.366 104.011 35.938
201803 31.756 105.290 39.745
201806 32.847 106.317 40.713
201809 34.569 106.507 42.771
201812 35.438 105.998 44.056
201903 35.668 107.251 43.824
201906 33.690 108.070 41.080
201909 32.760 108.329 39.851
201912 30.825 108.420 37.465
202003 30.887 108.902 37.375
202006 31.455 108.767 38.109
202009 32.120 109.815 38.544
202012 32.481 109.897 38.948
202103 33.967 111.754 40.052
202106 34.304 114.631 39.435
202109 34.195 115.734 38.935
202112 34.012 117.630 38.102
202203 37.413 121.301 40.644
202206 40.297 125.017 42.476
202209 36.415 125.227 38.320
202212 39.798 125.222 41.881
202303 40.388 127.348 41.792
202306 40.020 128.729 40.967
202309 39.462 129.860 40.044
202312 37.746 129.419 38.433
202403 33.976 131.776 33.976

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.


GlobalWafers Co  (ROCO:6488) 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.


GlobalWafers Co Cyclically Adjusted PS Ratio Related Terms

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


GlobalWafers Co (ROCO:6488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN
GlobalWafers is 51% owned by Sino-American Silicon Products Inc, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,000 people.

GlobalWafers Co (ROCO:6488) Headlines

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