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Adda (ROCO:3071) Cyclically Adjusted PS Ratio : 1.59 (As of Jun. 20, 2024)


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What is Adda Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Adda's current share price is NT$38.55. Adda's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$24.25. Adda's Cyclically Adjusted PS Ratio for today is 1.59.

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

ROCO:3071' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.13   Max: 1.77
Current: 1.61

During the past years, Adda's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.57. And the median was 1.13.

ROCO:3071's Cyclically Adjusted PS Ratio is ranked worse than
55.25% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs ROCO:3071: 1.61

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.

Adda's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.983. 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 NT$24.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adda Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adda'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.

Adda Cyclically Adjusted PS Ratio Chart

Adda 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 0.89 1.16 1.34 1.03 1.46

Adda 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 1.12 1.38 1.51 1.46 1.54

Competitive Comparison of Adda's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Adda'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.


Adda's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adda's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adda 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.

Adda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.55/24.25
=1.59

* 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.

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

For example, Adda'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)
=4.983/131.7762*131.7762
=4.983

Current CPI (Mar. 2024) = 131.7762.

Adda Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.022 100.560 6.581
201409 4.963 100.428 6.512
201412 4.901 99.070 6.519
201503 4.159 99.621 5.501
201506 4.732 100.684 6.193
201509 4.509 100.392 5.919
201512 4.492 99.792 5.932
201603 4.117 100.470 5.400
201606 4.350 101.688 5.637
201609 4.403 101.861 5.696
201612 3.734 101.863 4.831
201703 3.958 102.862 5.071
201706 4.261 103.349 5.433
201709 4.651 104.136 5.886
201712 5.286 104.011 6.697
201803 5.532 105.290 6.924
201806 6.192 106.317 7.675
201809 5.595 106.507 6.922
201812 4.753 105.998 5.909
201903 4.546 107.251 5.586
201906 4.961 108.070 6.049
201909 4.826 108.329 5.871
201912 4.892 108.420 5.946
202003 3.550 108.902 4.296
202006 5.651 108.767 6.846
202009 5.362 109.815 6.434
202012 4.809 109.897 5.766
202103 5.008 111.754 5.905
202106 5.790 114.631 6.656
202109 6.425 115.734 7.316
202112 5.720 117.630 6.408
202203 5.857 121.301 6.363
202206 5.955 125.017 6.277
202209 7.441 125.227 7.830
202212 6.235 125.222 6.561
202303 5.595 127.348 5.790
202306 5.467 128.729 5.596
202309 5.526 129.860 5.608
202312 5.108 129.419 5.201
202403 4.983 131.776 4.983

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.


Adda  (ROCO:3071) 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.


Adda Cyclically Adjusted PS Ratio Related Terms

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


Adda (ROCO:3071) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, East Section Industry 6th Road, Pingtung County, Pingtung, TWN, 90049
Adda Corp is a Taiwan-based company that engages in the manufacturing and sales of computer fans, power switches, and electrical equipment. It has two reportable segments Fan division and Other division. It generate the majority of its revenue from Fan division. Its product include Fan series, Thermal modules, Applications, and Accessories.

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