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TPK Holding Co (TPE:3673) Cyclically Adjusted PS Ratio : 0.11 (As of May. 26, 2024)


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What is TPK Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), TPK Holding Co's current share price is NT$37.05. TPK Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$342.12. TPK Holding Co's Cyclically Adjusted PS Ratio for today is 0.11.

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

TPE:3673' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.18
Current: 0.11

During the past years, TPK Holding Co's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.07. And the median was 0.11.

TPE:3673's Cyclically Adjusted PS Ratio is ranked better than
94.64% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:3673: 0.11

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.

TPK Holding Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$37.689. 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$342.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPK Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TPK Holding 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.

TPK Holding Co Cyclically Adjusted PS Ratio Chart

TPK Holding 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 0.15 0.12 0.11 0.08 0.11

TPK Holding 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 0.09 0.12 0.09 0.11 0.11

Competitive Comparison of TPK Holding Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, TPK Holding 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.


TPK Holding Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TPK Holding 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.05/342.12
=0.11

* 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.

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

For example, TPK Holding 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)
=37.689/131.7762*131.7762
=37.689

Current CPI (Mar. 2024) = 131.7762.

TPK Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 93.229 100.560 122.170
201409 98.841 100.428 129.694
201412 119.399 99.070 158.817
201503 87.367 99.621 115.567
201506 67.989 100.684 88.985
201509 97.373 100.392 127.814
201512 98.290 99.792 129.792
201603 61.773 100.470 81.021
201606 49.769 101.688 64.495
201609 75.392 101.861 97.534
201612 72.050 101.863 93.209
201703 57.830 102.862 74.086
201706 65.107 103.349 83.015
201709 83.104 104.136 105.162
201712 76.219 104.011 96.565
201803 51.279 105.290 64.179
201806 43.818 106.317 54.311
201809 79.359 106.507 98.188
201812 104.816 105.998 130.307
201903 76.607 107.251 94.125
201906 68.058 108.070 82.988
201909 98.171 108.329 119.419
201912 90.844 108.420 110.414
202003 69.316 108.902 83.876
202006 69.240 108.767 83.887
202009 80.891 109.815 97.068
202012 62.621 109.897 75.088
202103 71.726 111.754 84.576
202106 60.367 114.631 69.396
202109 62.308 115.734 70.944
202112 59.335 117.630 66.471
202203 61.652 121.301 66.976
202206 54.317 125.017 57.254
202209 69.001 125.227 72.610
202212 53.580 125.222 56.385
202303 42.583 127.348 44.064
202306 40.699 128.729 41.663
202309 45.051 129.860 45.716
202312 44.882 129.419 45.699
202403 37.689 131.776 37.689

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.


TPK Holding Co  (TPE:3673) 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.


TPK Holding Co Cyclically Adjusted PS Ratio Related Terms

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


TPK Holding Co (TPE:3673) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.13-18, Section 6, Min Quan East Road, Neihu District, Taipei, TWN
TPK Holding Co Ltd is an electronic components company with two business segments: Touch Module and Other. The Touch Module segment manufactures and sells capacitive touch solutions. These small and midsize touch panels are utilized in mobile phones, portable media players, navigation devices, and handheld game consoles. These products include glass-to-glass, touch-on-lens, and glass-film. The Other segment primarily produces indium tin oxide.

TPK Holding Co (TPE:3673) Headlines

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