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Accton Technology (LUX:ACCTE) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Accton Technology 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


Accton Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accton 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.

Accton Technology Cyclically Adjusted PS Ratio Chart

Accton 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 2.79 4.81 3.45 2.68 5.23

Accton 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 3.49 3.70 5.04 5.23 4.47

Competitive Comparison of Accton Technology's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Accton 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.


Accton Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Accton 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.

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

For example, Accton 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)
=2.142/131.7762*131.7762
=2.142

Current CPI (Mar. 2024) = 131.7762.

Accton Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.748 100.560 0.980
201409 0.660 100.428 0.866
201412 0.736 99.070 0.979
201503 0.582 99.621 0.770
201506 0.722 100.684 0.945
201509 0.738 100.392 0.969
201512 0.813 99.792 1.074
201603 0.673 100.470 0.883
201606 0.845 101.688 1.095
201609 0.864 101.861 1.118
201612 0.934 101.863 1.208
201703 0.992 102.862 1.271
201706 1.037 103.349 1.322
201709 1.045 104.136 1.322
201712 1.204 104.011 1.525
201803 1.109 105.290 1.388
201806 1.149 106.317 1.424
201809 1.300 106.507 1.608
201812 1.524 105.998 1.895
201903 1.304 107.251 1.602
201906 1.584 108.070 1.931
201909 1.906 108.329 2.319
201912 1.670 108.420 2.030
202003 1.402 108.902 1.696
202006 1.534 108.767 1.859
202009 1.776 109.815 2.131
202012 2.007 109.897 2.407
202103 1.682 111.754 1.983
202106 1.822 114.631 2.095
202109 1.975 115.734 2.249
202112 2.225 117.630 2.493
202203 1.993 121.301 2.165
202206 2.275 125.017 2.398
202209 2.370 125.227 2.494
202212 2.608 125.222 2.745
202303 2.322 127.348 2.403
202306 2.350 128.729 2.406
202309 2.521 129.860 2.558
202312 2.531 129.419 2.577
202403 2.142 131.776 2.142

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.


Accton Technology  (LUX:ACCTE) 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.


Accton Technology Cyclically Adjusted PS Ratio Related Terms

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


Accton Technology (LUX:ACCTE) Business Description

Traded in Other Exchanges
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

Accton Technology (LUX:ACCTE) Headlines

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