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Asustek Computer (FRA:AZ1D) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is Asustek Computer Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted PS Ratio Chart

Asustek Computer 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 0.37 0.41 0.57 0.38 0.69

Asustek Computer 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 0.38 0.44 0.51 0.69 0.59

Competitive Comparison of Asustek Computer's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Asustek Computer 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.

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

For example, Asustek Computer'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)
=23.351/131.7762*131.7762
=23.351

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.065 100.560 22.362
201409 21.095 100.428 27.680
201412 23.589 99.070 31.377
201503 21.737 99.621 28.753
201506 20.663 100.684 27.044
201509 21.510 100.392 28.235
201512 24.561 99.792 32.433
201603 21.722 100.470 28.490
201606 18.822 101.688 24.391
201609 22.057 101.861 28.535
201612 24.751 101.863 32.020
201703 21.823 102.862 27.957
201706 18.920 103.349 24.124
201709 21.069 104.136 26.661
201712 12.383 104.011 15.689
201803 17.004 105.290 21.282
201806 15.293 106.317 18.955
201809 16.494 106.507 20.407
201812 17.137 105.998 21.305
201903 16.290 107.251 20.015
201906 13.866 108.070 16.908
201909 18.145 108.329 22.072
201912 19.127 108.420 23.247
202003 14.048 108.902 16.999
202006 18.265 108.767 22.129
202009 24.492 109.815 29.390
202012 23.566 109.897 28.258
202103 22.816 111.754 26.904
202106 25.294 114.631 29.077
202109 28.191 115.734 32.099
202112 32.024 117.630 35.875
202203 29.221 121.301 31.744
202206 26.810 125.017 28.260
202209 30.900 125.227 32.516
202212 25.868 125.222 27.222
202303 22.523 127.348 23.306
202306 22.889 128.729 23.431
202309 26.103 129.860 26.488
202312 23.306 129.419 23.730
202403 23.351 131.776 23.351

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.


Asustek Computer  (FRA:AZ1D) 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.


Asustek Computer Cyclically Adjusted PS Ratio Related Terms

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


Asustek Computer (FRA:AZ1D) Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.

Asustek Computer (FRA:AZ1D) Headlines

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