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Alpha Microelectronics (ROCO:8024) Cyclically Adjusted PS Ratio : 1.47 (As of Jun. 02, 2024)


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What is Alpha Microelectronics Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Alpha Microelectronics's current share price is NT$20.75. Alpha Microelectronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$14.14. Alpha Microelectronics's Cyclically Adjusted PS Ratio for today is 1.47.

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

ROCO:8024' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.46   Max: 2.72
Current: 1.47

During the past years, Alpha Microelectronics's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.45. And the median was 1.46.

ROCO:8024's Cyclically Adjusted PS Ratio is ranked better than
65.74% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs ROCO:8024: 1.47

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.

Alpha Microelectronics's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.081. 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$14.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Microelectronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alpha Microelectronics'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.

Alpha Microelectronics Cyclically Adjusted PS Ratio Chart

Alpha Microelectronics 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 0.68 0.85 1.84 1.40 1.55

Alpha Microelectronics 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 1.64 1.73 1.39 1.55 1.45

Competitive Comparison of Alpha Microelectronics's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Alpha Microelectronics'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.


Alpha Microelectronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Alpha Microelectronics 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.

Alpha Microelectronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.75/14.14
=1.47

* 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.

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

For example, Alpha Microelectronics'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)
=1.081/131.7762*131.7762
=1.081

Current CPI (Mar. 2024) = 131.7762.

Alpha Microelectronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.711 100.560 6.173
201409 3.605 100.428 4.730
201412 3.858 99.070 5.132
201503 2.615 99.621 3.459
201506 4.124 100.684 5.398
201509 3.207 100.392 4.210
201512 3.032 99.792 4.004
201603 2.482 100.470 3.255
201606 4.536 101.688 5.878
201609 4.834 101.861 6.254
201612 3.030 101.863 3.920
201703 2.581 102.862 3.307
201706 4.285 103.349 5.464
201709 3.143 104.136 3.977
201712 2.956 104.011 3.745
201803 2.532 105.290 3.169
201806 4.024 106.317 4.988
201809 3.408 106.507 4.217
201812 2.904 105.998 3.610
201903 2.276 107.251 2.796
201906 3.979 108.070 4.852
201909 3.094 108.329 3.764
201912 2.618 108.420 3.182
202003 1.796 108.902 2.173
202006 2.637 108.767 3.195
202009 2.665 109.815 3.198
202012 2.644 109.897 3.170
202103 2.293 111.754 2.704
202106 3.498 114.631 4.021
202109 3.038 115.734 3.459
202112 2.973 117.630 3.331
202203 2.345 121.301 2.548
202206 2.516 125.017 2.652
202209 2.806 125.227 2.953
202212 2.008 125.222 2.113
202303 1.225 127.348 1.268
202306 1.720 128.729 1.761
202309 1.172 129.860 1.189
202312 1.127 129.419 1.148
202403 1.081 131.776 1.081

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.


Alpha Microelectronics  (ROCO:8024) 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.


Alpha Microelectronics Cyclically Adjusted PS Ratio Related Terms

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


Alpha Microelectronics (ROCO:8024) Business Description

Traded in Other Exchanges
N/A
Address
No. 295, Section 2, Guangfu Road, 9th Floor, Hsinchu, TWN
Alpha Microelectronics Corp is a Taiwan based company engages in the design, research, development, application, and marketing of integrated circuits. Its product range covers voice ICs, voice integrated MCUs and IC recording products.

Alpha Microelectronics (ROCO:8024) Headlines

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