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Powertech Technology (LUX:PWRCT) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 20, 2024)


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What is Powertech Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Powertech Technology's current share price is $12.20. Powertech Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.23. Powertech Technology's Cyclically Adjusted PS Ratio for today is 1.96.

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

LUX:PWRCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.25   Max: 2.08
Current: 1.92

During the past years, Powertech Technology's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.79. And the median was 1.25.

LUX:PWRCT's Cyclically Adjusted PS Ratio is ranked better than
56.85% of 679 companies
in the Semiconductors industry
Industry Median: 2.3 vs LUX:PWRCT: 1.92

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.

Powertech Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.542. 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 $6.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powertech Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Powertech 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.

Powertech Technology Cyclically Adjusted PS Ratio Chart

Powertech 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 1.52 1.34 1.21 0.87 1.46

Powertech 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 0.98 1.11 1.06 1.46 2.02

Competitive Comparison of Powertech Technology's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Powertech 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.


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

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

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



Powertech 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.

Powertech Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.20/6.23
=1.96

* 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.

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

For example, Powertech 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)
=1.542/131.7762*131.7762
=1.542

Current CPI (Mar. 2024) = 131.7762.

Powertech Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.919 100.560 1.204
201409 0.905 100.428 1.187
201412 0.808 99.070 1.075
201503 0.776 99.621 1.026
201506 0.852 100.684 1.115
201509 0.847 100.392 1.112
201512 0.945 99.792 1.248
201603 0.832 100.470 1.091
201606 0.900 101.688 1.166
201609 1.038 101.861 1.343
201612 1.086 101.863 1.405
201703 1.056 102.862 1.353
201706 1.181 103.349 1.506
201709 1.384 104.136 1.751
201712 1.420 104.011 1.799
201803 1.394 105.290 1.745
201806 1.466 106.317 1.817
201809 1.525 106.507 1.887
201812 1.370 105.998 1.703
201903 1.195 107.251 1.468
201906 1.241 108.070 1.513
201909 1.460 108.329 1.776
201912 1.629 108.420 1.980
202003 1.600 108.902 1.936
202006 1.687 108.767 2.044
202009 1.664 109.815 1.997
202012 1.729 109.897 2.073
202103 1.677 111.754 1.977
202106 1.923 114.631 2.211
202109 2.079 115.734 2.367
202112 2.072 117.630 2.321
202203 1.935 121.301 2.102
202206 2.088 125.017 2.201
202209 1.820 125.227 1.915
202212 1.585 125.222 1.668
202303 1.369 127.348 1.417
202306 1.488 128.729 1.523
202309 1.537 129.860 1.560
202312 1.614 129.419 1.643
202403 1.542 131.776 1.542

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.


Powertech Technology  (LUX:PWRCT) 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.


Powertech Technology Cyclically Adjusted PS Ratio Related Terms

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


Powertech Technology (LUX:PWRCT) Business Description

Traded in Other Exchanges
Address
No.10, Datong Road, HuKou, Hsinchu Industrial Park, Hsinchu, TWN, 30352
Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. Geographically, the majority of revenue is derived from Japan & Taiwan. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly.

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