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Opnet Technologies Co (ROCO:8034) Cyclically Adjusted PS Ratio : 3.58 (As of May. 16, 2024)


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What is Opnet Technologies Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Opnet Technologies Co's current share price is NT$23.85. Opnet Technologies Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$6.66. Opnet Technologies Co's Cyclically Adjusted PS Ratio for today is 3.58.

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

ROCO:8034' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.34   Med: 3.5   Max: 9.37
Current: 3.6

During the past years, Opnet Technologies Co's highest Cyclically Adjusted PS Ratio was 9.37. The lowest was 2.34. And the median was 3.50.

ROCO:8034's Cyclically Adjusted PS Ratio is ranked worse than
83.27% of 1919 companies
in the Hardware industry
Industry Median: 1.06 vs ROCO:8034: 3.60

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.

Opnet Technologies Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.143. 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$6.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opnet Technologies Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Opnet Technologies 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.

Opnet Technologies Co Cyclically Adjusted PS Ratio Chart

Opnet Technologies 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 3.82 4.59 4.03 2.51 3.76

Opnet Technologies 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 2.44 3.41 3.48 3.76 4.09

Competitive Comparison of Opnet Technologies Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Opnet Technologies 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.


Opnet Technologies Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Opnet Technologies 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.85/6.66
=3.58

* 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.

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

For example, Opnet Technologies 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)
=1.143/131.7762*131.7762
=1.143

Current CPI (Mar. 2024) = 131.7762.

Opnet Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.687 100.560 0.900
201409 0.636 100.428 0.835
201412 1.193 99.070 1.587
201503 1.021 99.621 1.351
201506 0.666 100.684 0.872
201509 0.733 100.392 0.962
201512 1.014 99.792 1.339
201603 0.587 100.470 0.770
201606 0.413 101.688 0.535
201609 0.624 101.861 0.807
201612 1.059 101.863 1.370
201703 0.574 102.862 0.735
201706 0.824 103.349 1.051
201709 0.853 104.136 1.079
201712 2.073 104.011 2.626
201803 1.203 105.290 1.506
201806 0.841 106.317 1.042
201809 1.183 106.507 1.464
201812 2.671 105.998 3.321
201903 1.153 107.251 1.417
201906 0.530 108.070 0.646
201909 0.721 108.329 0.877
201912 4.113 108.420 4.999
202003 0.978 108.902 1.183
202006 1.114 108.767 1.350
202009 1.150 109.815 1.380
202012 1.816 109.897 2.178
202103 1.395 111.754 1.645
202106 1.325 114.631 1.523
202109 1.423 115.734 1.620
202112 4.168 117.630 4.669
202203 0.917 121.301 0.996
202206 1.516 125.017 1.598
202209 1.751 125.227 1.843
202212 3.465 125.222 3.646
202303 0.860 127.348 0.890
202306 2.677 128.729 2.740
202309 1.537 129.860 1.560
202312 5.662 129.419 5.765
202403 1.143 131.776 1.143

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.


Opnet Technologies Co  (ROCO:8034) 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.


Opnet Technologies Co Cyclically Adjusted PS Ratio Related Terms

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


Opnet Technologies Co (ROCO:8034) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor Number 5, Industry E. Road, IX Hsinchu Science Park, Hsinchu, TWN, 30075
Opnet Technologies Co Ltd is primarily engaged in the research, development, production, manufacturing, and sales of optical fiber broadband user access network systems, synchronous and asynchronous digital transmission multiplexers, high-speed, asymmetric and symmetric of digital subscriber loop system, broadband modem, router and access system, broadband wireless communication equipment, digital data and voice integrated access equipment. The Company has two reportable segments: Access Network and Broadband Equipment and Transmission Equipment. The company generates majority of the revenue from Access Network and Broadband Equipment segment. Its products in Network Access include DLC, MSAN, IP DSLAM, G.SHDSL, VoIP gateway and GPON/EPON.

Opnet Technologies Co (ROCO:8034) Headlines

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