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Megaforce Co (ROCO:3294) Cyclically Adjusted PS Ratio : 0.81 (As of May. 31, 2024)


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What is Megaforce Co Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Megaforce Co's current share price is NT$37.50. Megaforce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$46.53. Megaforce Co's Cyclically Adjusted PS Ratio for today is 0.81.

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

ROCO:3294' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.41   Max: 1.15
Current: 0.78

During the past years, Megaforce Co's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.24. And the median was 0.41.

ROCO:3294's Cyclically Adjusted PS Ratio is ranked better than
60.21% of 1920 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:3294: 0.78

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.

Megaforce Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$7.664. 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$46.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Megaforce Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Megaforce Co'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.

Megaforce Co Cyclically Adjusted PS Ratio Chart

Megaforce Co 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 0.40 0.50 0.68 0.36 0.42

Megaforce Co 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 0.41 0.41 0.41 0.42 1.00

Competitive Comparison of Megaforce Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Megaforce Co'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.


Megaforce Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Megaforce Co 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.

Megaforce Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.50/46.53
=0.81

* 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.

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

For example, Megaforce Co'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)
=7.664/131.7762*131.7762
=7.664

Current CPI (Mar. 2024) = 131.7762.

Megaforce Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.196 100.560 12.051
201409 9.383 100.428 12.312
201412 10.779 99.070 14.338
201503 9.981 99.621 13.203
201506 11.051 100.684 14.464
201509 12.653 100.392 16.609
201512 11.481 99.792 15.161
201603 8.427 100.470 11.053
201606 9.579 101.688 12.413
201609 11.164 101.861 14.443
201612 10.279 101.863 13.298
201703 8.266 102.862 10.590
201706 9.676 103.349 12.337
201709 11.760 104.136 14.881
201712 11.096 104.011 14.058
201803 7.982 105.290 9.990
201806 8.322 106.317 10.315
201809 10.495 106.507 12.985
201812 9.899 105.998 12.306
201903 7.116 107.251 8.743
201906 9.309 108.070 11.351
201909 11.910 108.329 14.488
201912 9.890 108.420 12.021
202003 4.650 108.902 5.627
202006 8.733 108.767 10.580
202009 12.417 109.815 14.900
202012 12.737 109.897 15.273
202103 9.749 111.754 11.496
202106 9.524 114.631 10.948
202109 10.300 115.734 11.728
202112 10.811 117.630 12.111
202203 9.362 121.301 10.170
202206 6.473 125.017 6.823
202209 11.628 125.227 12.236
202212 9.304 125.222 9.791
202303 6.393 127.348 6.615
202306 6.762 128.729 6.922
202309 10.028 129.860 10.176
202312 8.662 129.419 8.820
202403 7.664 131.776 7.664

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.


Megaforce Co  (ROCO:3294) 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.


Megaforce Co Cyclically Adjusted PS Ratio Related Terms

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


Megaforce Co (ROCO:3294) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2nd Floor, No.5, Ziqiang Street, Tucheng District, New Taipei, TWN, 236
Megaforce Co Ltd is engaged in mold making, injection molding, electronics assembly, plastic coating, as well as opto-mechatromics and advanced IT products. The company's reportable segments comprise the electronics component segment, the biomedical device segment, and the opto-mechatronics segment. The company generates majority of the revenue from products such as Plastic injections, tools and others.

Megaforce Co (ROCO:3294) Headlines

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