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Apogee Optocom Co (TPE:6426) Cyclically Adjusted PS Ratio : 3.64 (As of May. 25, 2024)


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What is Apogee Optocom Co Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Apogee Optocom Co's current share price is NT$66.90. Apogee Optocom Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$18.40. Apogee Optocom Co's Cyclically Adjusted PS Ratio for today is 3.64.

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

TPE:6426' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.83   Med: 3.56   Max: 4.8
Current: 3.52

During the past years, Apogee Optocom Co's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 2.83. And the median was 3.56.

TPE:6426's Cyclically Adjusted PS Ratio is ranked worse than
82.67% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:6426: 3.52

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.

Apogee Optocom Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.066. 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$18.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apogee Optocom Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apogee Optocom 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.

Apogee Optocom Co Cyclically Adjusted PS Ratio Chart

Apogee Optocom 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 - - - 3.16 4.02

Apogee Optocom 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 3.46 3.19 3.75 4.02 3.85

Competitive Comparison of Apogee Optocom Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Apogee Optocom 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.


Apogee Optocom Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Apogee Optocom 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.

Apogee Optocom Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.90/18.4
=3.64

* 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.

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

For example, Apogee Optocom 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)
=2.066/131.7762*131.7762
=2.066

Current CPI (Mar. 2024) = 131.7762.

Apogee Optocom Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.188 100.560 5.488
201409 4.055 100.428 5.321
201412 3.641 99.070 4.843
201503 4.103 99.621 5.427
201506 3.797 100.684 4.970
201509 3.709 100.392 4.869
201512 3.966 99.792 5.237
201603 3.384 100.470 4.438
201606 3.679 101.688 4.768
201609 3.865 101.861 5.000
201612 4.829 101.863 6.247
201703 4.865 102.862 6.233
201706 4.751 103.349 6.058
201709 3.596 104.136 4.550
201712 3.334 104.011 4.224
201803 3.498 105.290 4.378
201806 2.801 106.317 3.472
201809 2.932 106.507 3.628
201812 4.458 105.998 5.542
201903 3.812 107.251 4.684
201906 4.110 108.070 5.012
201909 5.025 108.329 6.113
201912 5.371 108.420 6.528
202003 4.287 108.902 5.187
202006 4.947 108.767 5.994
202009 5.190 109.815 6.228
202012 4.025 109.897 4.826
202103 3.352 111.754 3.953
202106 3.513 114.631 4.038
202109 2.848 115.734 3.243
202112 4.190 117.630 4.694
202203 4.601 121.301 4.998
202206 4.632 125.017 4.882
202209 3.812 125.227 4.011
202212 3.171 125.222 3.337
202303 1.845 127.348 1.909
202306 1.785 128.729 1.827
202309 2.554 129.860 2.592
202312 3.163 129.419 3.221
202403 2.066 131.776 2.066

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.


Apogee Optocom Co  (TPE:6426) 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.


Apogee Optocom Co Cyclically Adjusted PS Ratio Related Terms

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


Apogee Optocom Co (TPE:6426) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4th floor, No. 2, Nanke 3rd Road, Xinshi District, Tainan, TWN
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. The products offered by the company include Optical filters (Active), Optical filters (Passive), Data Centers, OEM & ODM Coating Services, and Measurement Equipment. It has three reportable operating segments as follows: The parent company, subsidiary, and adjustment.

Apogee Optocom Co (TPE:6426) Headlines

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