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MCRNF (Micro-Mechanics (Holdings)) Cyclically Adjusted PS Ratio : 1.80 (As of Sep. 22, 2024)


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What is Micro-Mechanics (Holdings) Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Micro-Mechanics (Holdings)'s current share price is $0.99. Micro-Mechanics (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.55. Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio for today is 1.80.

The historical rank and industry rank for Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

MCRNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 4.26   Max: 9.54
Current: 2.98

During the past years, Micro-Mechanics (Holdings)'s highest Cyclically Adjusted PS Ratio was 9.54. The lowest was 1.77. And the median was 4.26.

MCRNF's Cyclically Adjusted PS Ratio is ranked worse than
57.73% of 563 companies
in the Semiconductors industry
Industry Median: 2.36 vs MCRNF: 2.98

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.

Micro-Mechanics (Holdings)'s adjusted revenue per share data for the three months ended in Mar. 2024 was $0.073. 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 $0.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Micro-Mechanics (Holdings) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Micro-Mechanics (Holdings)'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.

Micro-Mechanics (Holdings) Cyclically Adjusted PS Ratio Chart

Micro-Mechanics (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 4.39 7.18 5.80 3.32

Micro-Mechanics (Holdings) 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 3.86 3.32 3.57 3.64 2.54

Competitive Comparison of Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Micro-Mechanics (Holdings)'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.


Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio falls into.



Micro-Mechanics (Holdings) 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.

Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.99/0.55
=1.80

* 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.

Micro-Mechanics (Holdings)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Micro-Mechanics (Holdings)'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)
=0.073/131.7762*131.7762
=0.073

Current CPI (Mar. 2024) = 131.7762.

Micro-Mechanics (Holdings) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.067 100.560 0.088
201409 0.074 100.428 0.097
201412 0.071 99.070 0.094
201503 0.070 99.621 0.093
201506 0.069 100.684 0.090
201509 0.069 100.392 0.091
201512 0.062 99.792 0.082
201603 0.066 100.470 0.087
201606 0.069 101.688 0.089
201609 0.071 101.861 0.092
201612 0.071 101.863 0.092
201703 0.073 102.862 0.094
201706 0.080 103.349 0.102
201709 0.094 104.136 0.119
201712 0.084 104.011 0.106
201803 0.088 105.290 0.110
201806 0.084 106.317 0.104
201809 0.089 106.507 0.110
201812 0.080 105.998 0.099
201903 0.076 107.251 0.093
201906 0.074 108.070 0.090
201909 0.080 108.329 0.097
201912 0.086 108.420 0.105
202003 0.082 108.902 0.099
202006 0.085 108.767 0.103
202009 0.096 109.815 0.115
202012 0.101 109.897 0.121
202103 0.095 111.754 0.112
202106 0.103 114.631 0.118
202109 0.109 115.734 0.124
202112 0.108 117.630 0.121
202203 0.104 121.301 0.113
202206 0.114 125.017 0.120
202209 0.103 125.227 0.108
202212 0.089 125.222 0.094
202303 0.080 127.348 0.083
202306 0.081 128.729 0.083
202309 0.084 129.860 0.085
202312 0.073 129.419 0.074
202403 0.073 131.776 0.073

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.


Micro-Mechanics (Holdings)  (OTCPK:MCRNF) 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.


Micro-Mechanics (Holdings) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Micro-Mechanics (Holdings)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Micro-Mechanics (Holdings) Business Description

Traded in Other Exchanges
Address
No. 31 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416209
Micro-Mechanics (Holdings) Ltd designs, manufactures and markets high precision parts and tools used in process-critical applications for the wafer-fabrication and assembly processes of the semiconductor industry. The company's geographical segment includes Singapore, Malaysia, the Philippines, the United States of America, and China. The product line of the company consists of die-attach, wire-bonding, and encapsulation, and custom manufacturing.

Micro-Mechanics (Holdings) Headlines