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Waffer Technology (TPE:6235) Cyclically Adjusted PS Ratio : 4.56 (As of May. 26, 2024)


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What is Waffer Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Waffer Technology's current share price is NT$91.30. Waffer Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$20.02. Waffer Technology's Cyclically Adjusted PS Ratio for today is 4.56.

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

TPE:6235' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.92   Max: 9.33
Current: 4.56

During the past years, Waffer Technology's highest Cyclically Adjusted PS Ratio was 9.33. The lowest was 0.50. And the median was 1.92.

TPE:6235's Cyclically Adjusted PS Ratio is ranked worse than
83.32% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs TPE:6235: 4.56

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.

Waffer Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$8.008. 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$20.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waffer Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Waffer 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.

Waffer Technology Cyclically Adjusted PS Ratio Chart

Waffer 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 0.91 1.29 2.40 2.00 5.96

Waffer 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 4.30 8.39 7.73 5.96 5.14

Competitive Comparison of Waffer Technology's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Waffer 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.


Waffer Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Waffer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.30/20.02
=4.56

* 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.

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

For example, Waffer 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)
=8.008/131.7762*131.7762
=8.008

Current CPI (Mar. 2024) = 131.7762.

Waffer Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.656 100.560 2.170
201409 1.854 100.428 2.433
201412 2.323 99.070 3.090
201503 2.469 99.621 3.266
201506 2.381 100.684 3.116
201509 2.688 100.392 3.528
201512 3.198 99.792 4.223
201603 3.056 100.470 4.008
201606 3.199 101.688 4.146
201609 3.377 101.861 4.369
201612 3.762 101.863 4.867
201703 4.017 102.862 5.146
201706 3.919 103.349 4.997
201709 4.676 104.136 5.917
201712 5.355 104.011 6.784
201803 4.902 105.290 6.135
201806 5.135 106.317 6.365
201809 6.364 106.507 7.874
201812 5.667 105.998 7.045
201903 4.437 107.251 5.452
201906 2.229 108.070 2.718
201909 2.876 108.329 3.498
201912 3.101 108.420 3.769
202003 2.599 108.902 3.145
202006 2.169 108.767 2.628
202009 2.747 109.815 3.296
202012 3.825 109.897 4.587
202103 3.583 111.754 4.225
202106 3.773 114.631 4.337
202109 3.781 115.734 4.305
202112 4.976 117.630 5.574
202203 5.275 121.301 5.731
202206 5.402 125.017 5.694
202209 6.222 125.227 6.547
202212 6.462 125.222 6.800
202303 6.909 127.348 7.149
202306 7.420 128.729 7.596
202309 7.470 129.860 7.580
202312 7.940 129.419 8.085
202403 8.008 131.776 8.008

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.


Waffer Technology  (TPE:6235) 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.


Waffer Technology Cyclically Adjusted PS Ratio Related Terms

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


Waffer Technology (TPE:6235) Business Description

Traded in Other Exchanges
N/A
Address
No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377
Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

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