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Green Energy Technology (LUX:GE144) Cyclically Adjusted PS Ratio : (As of Jun. 15, 2024)


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What is Green Energy Technology Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Energy Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Green Energy 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.

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Green Energy Technology Cyclically Adjusted PS Ratio Chart

Green Energy Technology Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Green Energy Technology Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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Competitive Comparison of Green Energy Technology's Cyclically Adjusted PS Ratio

For the Solar subindustry, Green Energy 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.


Green Energy Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Green Energy 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.

Green Energy Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Green Energy Technology's adjusted Revenue per Share data for the three months ended in Jun. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0/108.0695*108.0695
=0.000

Current CPI (Jun. 2019) = 108.0695.

Green Energy Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201003 2.456 91.821 2.891
201006 2.538 91.962 2.983
201009 3.669 92.162 4.302
201012 3.194 92.474 3.733
201103 4.309 94.283 4.939
201106 3.266 95.235 3.706
201109 2.468 95.727 2.786
201112 1.432 95.213 1.625
201203 1.752 96.783 1.956
201206 1.663 96.819 1.856
201209 1.135 97.633 1.256
201212 1.203 96.871 1.342
201303 1.461 98.209 1.608
201306 1.655 98.518 1.815
201309 1.739 98.790 1.902
201312 1.878 98.326 2.064
201403 1.679 99.695 1.820
201406 1.524 100.560 1.638
201409 1.678 100.428 1.806
201412 1.786 99.070 1.948
201503 1.688 99.621 1.831
201506 1.403 100.684 1.506
201509 1.404 100.392 1.511
201512 1.573 99.792 1.703
201603 1.952 100.470 2.100
201606 1.797 101.688 1.910
201609 0.987 101.861 1.047
201612 1.015 101.863 1.077
201703 1.035 102.862 1.087
201706 1.030 103.349 1.077
201709 1.213 104.136 1.259
201712 1.316 104.011 1.367
201803 1.034 105.290 1.061
201806 0.659 106.317 0.670
201809 0.439 106.507 0.445
201812 0.222 105.998 0.226
201906 0.000 108.070 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.


Green Energy Technology  (LUX:GE144) 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.


Green Energy Technology Cyclically Adjusted PS Ratio Related Terms

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Green Energy Technology (LUX:GE144) Business Description

Traded in Other Exchanges
N/A
Address
22, Chungshan North Road, Sector 3, Taipei, TWN
Green Energy Technology Inc is a solar technology company. The company is primarily engaged in the manufacturing and distribution of multi-crystal silicon solar wafers. Its products are classified into two segments, namely, Silicon Wafer and Thin Film. The key products consist of the polycrystalline solar silicon chip, polycrystalline solar silicon ingots, thin film solar modules. The company's main products, multi-crystalline solar wafers with different power outputs, are sold to solar cell and module manufacturers in major markets globally, such as Taiwan, China, Japan, Korea, India, Europe and the United States.

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