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Chaintech Technology (TPE:2425) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 14, 2024)


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What is Chaintech Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Chaintech Technology's current share price is NT$38.40. Chaintech Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$67.62. Chaintech Technology's Cyclically Adjusted PS Ratio for today is 0.57.

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

TPE:2425' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.53   Max: 0.81
Current: 0.6

During the past years, Chaintech Technology's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.35. And the median was 0.53.

TPE:2425's Cyclically Adjusted PS Ratio is ranked better than
68.07% of 1923 companies
in the Hardware industry
Industry Median: 1.08 vs TPE:2425: 0.60

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.

Chaintech Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$12.185. 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$67.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaintech Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chaintech Technology'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.

Chaintech Technology Cyclically Adjusted PS Ratio Chart

Chaintech Technology 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 0.59 0.59 0.50 0.47 0.71

Chaintech Technology 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 0.48 0.61 0.65 0.71 0.65

Competitive Comparison of Chaintech Technology's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Chaintech Technology'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.


Chaintech Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Chaintech Technology 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.

Chaintech Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.40/67.62
=0.57

* 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.

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

For example, Chaintech Technology'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)
=12.185/131.7762*131.7762
=12.185

Current CPI (Mar. 2024) = 131.7762.

Chaintech Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.966 100.560 13.060
201409 12.228 100.428 16.045
201412 13.718 99.070 18.247
201503 15.729 99.621 20.806
201506 16.807 100.684 21.997
201509 17.023 100.392 22.345
201512 17.900 99.792 23.637
201603 13.809 100.470 18.112
201606 15.549 101.688 20.150
201609 16.132 101.861 20.870
201612 15.647 101.863 20.242
201703 9.104 102.862 11.663
201706 13.979 103.349 17.824
201709 15.558 104.136 19.688
201712 13.193 104.011 16.715
201803 9.167 105.290 11.473
201806 9.380 106.317 11.626
201809 10.853 106.507 13.428
201812 10.317 105.998 12.826
201903 8.359 107.251 10.271
201906 13.049 108.070 15.911
201909 11.911 108.329 14.489
201912 13.663 108.420 16.606
202003 5.218 108.902 6.314
202006 10.520 108.767 12.745
202009 16.386 109.815 19.663
202012 16.350 109.897 19.605
202103 12.646 111.754 14.912
202106 15.953 114.631 18.339
202109 18.512 115.734 21.078
202112 20.475 117.630 22.937
202203 15.045 121.301 16.344
202206 16.837 125.017 17.747
202209 16.786 125.227 17.664
202212 15.557 125.222 16.371
202303 12.383 127.348 12.814
202306 15.261 128.729 15.622
202309 24.471 129.860 24.832
202312 18.635 129.419 18.974
202403 12.185 131.776 12.185

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.


Chaintech Technology  (TPE:2425) 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.


Chaintech Technology Cyclically Adjusted PS Ratio Related Terms

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


Chaintech Technology (TPE:2425) Business Description

Traded in Other Exchanges
N/A
Address
No. 48-3, Minsheng Road, 3rd Floor, Xindian District, New Taipei City, TWN, 23141
Chaintech Technology Corp is engaged in the business of buying and selling and manufacturing motherboards, display cards, and computer peripherals. The company has reportable segments named consumer electronic products and AI servers. It generates revenues from the sales of computer peripherals, all-in-one (AIO), and service revenues from China. Geographically Mainland china is the major contributor of the revenue for the company.

Chaintech Technology (TPE:2425) Headlines

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