GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiwan Chinsan Electronic Industrial Co Ltd (ROCO:8042) » Definitions » Cyclically Adjusted PS Ratio

Taiwan Chinsan Electronic Industrial Co (ROCO:8042) Cyclically Adjusted PS Ratio : 1.05 (As of Jun. 13, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Taiwan Chinsan Electronic Industrial Co Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Taiwan Chinsan Electronic Industrial Co's current share price is NT$36.00. Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$34.36. Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted PS Ratio for today is 1.05.

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

ROCO:8042' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.08   Max: 1.9
Current: 1.05

During the past years, Taiwan Chinsan Electronic Industrial Co's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.81. And the median was 1.08.

ROCO:8042's Cyclically Adjusted PS Ratio is ranked better than
50.86% of 1923 companies
in the Hardware industry
Industry Median: 1.08 vs ROCO:8042: 1.05

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.

Taiwan Chinsan Electronic Industrial Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$5.683. 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$34.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Chinsan Electronic Industrial Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Chinsan Electronic Industrial 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.

Taiwan Chinsan Electronic Industrial Co Cyclically Adjusted PS Ratio Chart

Taiwan Chinsan Electronic Industrial 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 1.07 1.38 1.45 1.04 1.15

Taiwan Chinsan Electronic Industrial 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 1.08 1.08 1.02 1.15 1.03

Competitive Comparison of Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Taiwan Chinsan Electronic Industrial 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.


Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted PS Ratio falls into.



Taiwan Chinsan Electronic Industrial 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.

Taiwan Chinsan Electronic Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.00/34.36
=1.05

* 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.

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

For example, Taiwan Chinsan Electronic Industrial 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)
=5.683/131.7762*131.7762
=5.683

Current CPI (Mar. 2024) = 131.7762.

Taiwan Chinsan Electronic Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.420 100.560 9.723
201409 7.685 100.428 10.084
201412 6.491 99.070 8.634
201503 6.061 99.621 8.017
201506 6.609 100.684 8.650
201509 7.109 100.392 9.331
201512 7.327 99.792 9.675
201603 6.491 100.470 8.514
201606 6.748 101.688 8.745
201609 7.897 101.861 10.216
201612 8.356 101.863 10.810
201703 6.151 102.862 7.880
201706 6.771 103.349 8.633
201709 7.612 104.136 9.632
201712 8.356 104.011 10.587
201803 6.654 105.290 8.328
201806 7.772 106.317 9.633
201809 8.740 106.507 10.814
201812 6.819 105.998 8.477
201903 5.479 107.251 6.732
201906 7.110 108.070 8.670
201909 8.701 108.329 10.584
201912 7.717 108.420 9.379
202003 5.488 108.902 6.641
202006 7.396 108.767 8.961
202009 7.769 109.815 9.323
202012 8.805 109.897 10.558
202103 7.569 111.754 8.925
202106 8.283 114.631 9.522
202109 8.655 115.734 9.855
202112 6.802 117.630 7.620
202203 7.454 121.301 8.098
202206 7.045 125.017 7.426
202209 6.987 125.227 7.352
202212 6.484 125.222 6.823
202303 5.081 127.348 5.258
202306 6.183 128.729 6.329
202309 6.758 129.860 6.858
202312 6.454 129.419 6.572
202403 5.683 131.776 5.683

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.


Taiwan Chinsan Electronic Industrial Co  (ROCO:8042) 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.


Taiwan Chinsan Electronic Industrial Co Cyclically Adjusted PS Ratio Related Terms

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


Taiwan Chinsan Electronic Industrial Co (ROCO:8042) Business Description

Traded in Other Exchanges
N/A
Address
Section 1, Guangfu Road, 2nd Floor, No. 1, Alley11, Lane 68, Sanchong District, New Taipei City, Taipei, TWN, 24158
Taiwan Chinsan Electronic Industrial Co Ltd is engaged in the manufacturing, processing, trading, import, and export of various electronic equipment and capacitors. The company's product offering includes; Aluminum Electrolytic; E-Cap SMD Type (Aluminum Electrolytic SMD), Radial Lead Type (General), Radial Lead Type (Low ESR), Snap-In, Lug Terminal Type, Screw Terminal Type, and Aluminum Polymer; Polymer Radial Lead Type, Polymer SMD Type.

Taiwan Chinsan Electronic Industrial Co (ROCO:8042) Headlines

No Headlines