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Acer (ACEYY) Cyclically Adjusted PS Ratio : 0.45 (As of May. 21, 2024)


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What is Acer Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Acer's current share price is $5.15. Acer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.57. Acer's Cyclically Adjusted PS Ratio for today is 0.45.

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

ACEYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 0.5
Current: 0.46

During the past years, Acer's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.10. And the median was 0.22.

ACEYY's Cyclically Adjusted PS Ratio is ranked better than
74.43% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs ACEYY: 0.46

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.

Acer's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.077. 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 $11.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acer'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.

Acer Cyclically Adjusted PS Ratio Chart

Acer 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 0.13 0.20 0.27 0.21 0.51

Acer 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 0.26 0.29 0.34 0.51 0.45

Competitive Comparison of Acer's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Acer'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.


Acer's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Acer 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.

Acer's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.15/11.57
=0.45

* 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.

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

For example, Acer'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)
=3.077/131.7762*131.7762
=3.077

Current CPI (Mar. 2024) = 131.7762.

Acer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.756 100.560 6.232
201409 5.026 100.428 6.595
201412 4.610 99.070 6.132
201503 3.599 99.621 4.761
201506 3.224 100.684 4.220
201509 3.235 100.392 4.246
201512 3.438 99.792 4.540
201603 2.842 100.470 3.728
201606 2.745 101.688 3.557
201609 2.995 101.861 3.875
201612 3.183 101.863 4.118
201703 3.014 102.862 3.861
201706 2.905 103.349 3.704
201709 3.331 104.136 4.215
201712 3.673 104.011 4.653
201803 3.092 105.290 3.870
201806 3.199 106.317 3.965
201809 3.498 106.507 4.328
201812 3.398 105.998 4.224
201903 2.919 107.251 3.587
201906 2.802 108.070 3.417
201909 3.354 108.329 4.080
201912 3.348 108.420 4.069
202003 2.671 108.902 3.232
202006 3.703 108.767 4.486
202009 4.561 109.815 5.473
202012 4.792 109.897 5.746
202103 4.191 111.754 4.942
202106 4.759 114.631 5.471
202109 4.850 115.734 5.522
202112 5.129 117.630 5.746
202203 4.556 121.301 4.949
202206 4.038 125.017 4.256
202209 3.427 125.227 3.606
202212 3.211 125.222 3.379
202303 2.847 127.348 2.946
202306 3.121 128.729 3.195
202309 3.511 129.860 3.563
202312 3.347 129.419 3.408
202403 3.077 131.776 3.077

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.


Acer  (OTCPK:ACEYY) 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.


Acer Cyclically Adjusted PS Ratio Related Terms

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


Acer (ACEYY) Business Description

Industry
Traded in Other Exchanges
Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.