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Perfect Optronics (HKSE:08311) Cyclically Adjusted PS Ratio : (As of Jan. 19, 2025)


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What is Perfect Optronics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Perfect Optronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Perfect Optronics'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.

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Perfect Optronics Cyclically Adjusted PS Ratio Chart

Perfect Optronics 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 - - - - 0.12

Perfect Optronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - - 0.11 0.12 -

Competitive Comparison of Perfect Optronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Perfect Optronics'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.


Perfect Optronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Perfect Optronics 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.

Perfect Optronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Perfect Optronics's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/117.2957*117.2957
=0.000

Current CPI (Jun. 2024) = 117.2957.

Perfect Optronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.262 96.409 0.319
201409 0.196 97.948 0.235
201412 0.217 99.707 0.255
201503 0.150 99.927 0.176
201506 0.187 99.267 0.221
201509 0.246 99.927 0.289
201512 0.285 102.015 0.328
201603 0.199 102.785 0.227
201606 0.189 101.686 0.218
201609 0.219 102.565 0.250
201612 0.170 103.225 0.193
201703 0.071 103.335 0.081
201706 0.053 103.664 0.060
201709 0.044 103.994 0.050
201712 0.083 104.984 0.093
201803 0.046 105.973 0.051
201806 0.035 106.193 0.039
201809 0.049 106.852 0.054
201812 0.041 107.622 0.045
201903 0.044 108.172 0.048
201906 0.029 109.601 0.031
201909 0.020 110.260 0.021
201912 0.018 110.700 0.019
202003 0.013 110.920 0.014
202006 0.012 110.590 0.013
202009 0.039 107.512 0.043
202012 0.071 109.711 0.076
202103 0.071 111.579 0.075
202106 0.083 111.360 0.087
202109 0.099 109.051 0.106
202112 0.102 112.349 0.106
202203 0.097 113.558 0.100
202206 0.044 113.448 0.045
202209 0.032 113.778 0.033
202212 0.030 114.548 0.031
202303 0.025 115.427 0.025
202306 0.022 115.647 0.022
202309 0.018 116.087 0.018
202312 0.021 117.296 0.021
202406 0.000 117.296 0.000

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.


Perfect Optronics  (HKSE:08311) 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.


Perfect Optronics Cyclically Adjusted PS Ratio Related Terms

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Perfect Optronics Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tokwawan Road, Flat 903, 9th Floor, New Lee Wah Centre, Tokwawan, Kowloon, Hong Kong, HKG
Perfect Optronics Ltd is an investment holding company principally engaged in the trading of display panels, optics products, and related electronic components. It offers Thin film transistor liquid crystal display (TFT-LCD) panels and modules, Polarisers, Electronic signage, Optics products, Light guide plates, Integrated circuits, and other products. Key revenue is derived from the TFT-LCD panels and modules. It operates businesses in Hong Kong, China, and Taiwan, out of which Hong Kong accounts for a majority of the revenue.

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