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United Microelectronics (MEX:UMC) Cyclically Adjusted PS Ratio : 3.16 (As of Jan. 18, 2025)


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What is United Microelectronics Cyclically Adjusted PS Ratio?

As of today (2025-01-18), United Microelectronics's current share price is MXN164.70. United Microelectronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MXN52.20. United Microelectronics's Cyclically Adjusted PS Ratio for today is 3.16.

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

MEX:UMC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.58   Max: 5.64
Current: 2.42

During the past years, United Microelectronics's highest Cyclically Adjusted PS Ratio was 5.64. The lowest was 0.99. And the median was 1.58.

MEX:UMC's Cyclically Adjusted PS Ratio is ranked worse than
50.91% of 548 companies
in the Semiconductors industry
Industry Median: 2.42 vs MEX:UMC: 2.42

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.

United Microelectronics's adjusted revenue per share data for the three months ended in Sep. 2024 was MXN14.837. 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 MXN52.20 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Microelectronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Microelectronics'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.

United Microelectronics Cyclically Adjusted PS Ratio Chart

United Microelectronics 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 1.46 4.03 4.92 2.68 3.23

United Microelectronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.79 3.23 3.09 3.30 3.15

Competitive Comparison of United Microelectronics's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, United Microelectronics'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.


United Microelectronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



United Microelectronics 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.

United Microelectronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.70/52.2
=3.16

* 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.

United Microelectronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, United Microelectronics's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.837/133.0289*133.0289
=14.837

Current CPI (Sep. 2024) = 133.0289.

United Microelectronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.732 99.070 9.040
201503 7.211 99.621 9.629
201506 7.299 100.684 9.644
201509 6.670 100.392 8.838
201512 6.830 99.792 9.105
201603 7.274 100.470 9.631
201606 7.869 101.688 10.294
201609 8.752 101.861 11.430
201612 9.641 101.863 12.591
201703 8.566 102.862 11.078
201706 8.378 103.349 10.784
201709 8.446 104.136 10.789
201712 9.439 104.011 12.072
201803 8.668 105.290 10.952
201806 9.562 106.317 11.964
201809 8.977 106.507 11.212
201812 8.833 105.998 11.086
201903 7.736 107.251 9.595
201906 8.456 108.070 10.409
201909 9.187 108.329 11.282
201912 10.635 108.420 13.049
202003 12.566 108.902 15.350
202006 14.088 108.767 17.230
202009 13.937 109.815 16.883
202012 13.938 109.897 16.872
202103 13.752 111.754 16.370
202106 14.730 114.631 17.094
202109 16.706 115.734 19.202
202112 18.622 117.630 21.060
202203 17.717 121.301 19.430
202206 19.504 125.017 20.754
202209 19.185 125.227 20.380
202212 17.999 125.222 19.121
202303 12.701 127.348 13.268
202306 12.492 128.729 12.909
202309 12.343 129.860 12.644
202312 12.734 129.419 13.089
202403 11.373 131.776 11.481
202406 12.825 132.554 12.871
202409 14.837 133.029 14.837

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.


United Microelectronics  (MEX:UMC) 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.


United Microelectronics Cyclically Adjusted PS Ratio Related Terms

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


United Microelectronics Business Description

Traded in Other Exchanges
Address
No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2023 after TSMC and SMIC. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the us, and South Korea. UMC features a diverse customer base that includes Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx, and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.