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RichWave Technology (TPE:4968) Cyclically Adjusted PS Ratio : 4.36 (As of Jun. 10, 2024)


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What is RichWave Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-10), RichWave Technology's current share price is NT$184.00. RichWave Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$42.20. RichWave Technology's Cyclically Adjusted PS Ratio for today is 4.36.

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

TPE:4968' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.17   Max: 8.6
Current: 4.36

During the past years, RichWave Technology's highest Cyclically Adjusted PS Ratio was 8.60. The lowest was 2.20. And the median was 4.17.

TPE:4968's Cyclically Adjusted PS Ratio is ranked worse than
72.65% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs TPE:4968: 4.36

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.

RichWave Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$9.514. 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$42.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RichWave Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RichWave 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.

RichWave Technology Cyclically Adjusted PS Ratio Chart

RichWave 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 - - 7.09 2.77 4.48

RichWave 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 3.07 4.30 3.50 4.48 4.88

Competitive Comparison of RichWave Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, RichWave 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.


RichWave Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



RichWave 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=184.00/42.2
=4.36

* 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.

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

For example, RichWave 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)
=9.514/131.7762*131.7762
=9.514

Current CPI (Mar. 2024) = 131.7762.

RichWave Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.192 100.560 6.804
201409 4.699 100.428 6.166
201412 4.653 99.070 6.189
201503 4.829 99.621 6.388
201506 5.223 100.684 6.836
201509 6.210 100.392 8.151
201512 5.710 99.792 7.540
201603 5.602 100.470 7.348
201606 6.151 101.688 7.971
201609 6.597 101.861 8.534
201612 7.070 101.863 9.146
201703 6.965 102.862 8.923
201706 7.582 103.349 9.667
201709 8.128 104.136 10.285
201712 8.180 104.011 10.364
201803 7.692 105.290 9.627
201806 8.330 106.317 10.325
201809 7.850 106.507 9.712
201812 7.131 105.998 8.865
201903 5.014 107.251 6.161
201906 7.821 108.070 9.537
201909 9.422 108.329 11.461
201912 8.803 108.420 10.699
202003 9.375 108.902 11.344
202006 13.401 108.767 16.236
202009 18.875 109.815 22.650
202012 18.404 109.897 22.068
202103 19.570 111.754 23.076
202106 19.507 114.631 22.425
202109 11.395 115.734 12.974
202112 9.301 117.630 10.420
202203 9.702 121.301 10.540
202206 9.933 125.017 10.470
202209 10.037 125.227 10.562
202212 8.806 125.222 9.267
202303 7.064 127.348 7.310
202306 8.131 128.729 8.323
202309 8.203 129.860 8.324
202312 9.638 129.419 9.814
202403 9.514 131.776 9.514

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.


RichWave Technology  (TPE:4968) 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.


RichWave Technology Cyclically Adjusted PS Ratio Related Terms

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


RichWave Technology (TPE:4968) Business Description

Traded in Other Exchanges
N/A
Address
Tiding Boulevard, 3rd Floor, No. 1, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the design, integration, and manufacturing of RF ICs for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications.

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