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Megaforce Co (ROCO:3294) Cyclically Adjusted PS Ratio : 0.65 (As of Oct. 31, 2024)


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What is Megaforce Co Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Megaforce Co's current share price is NT$30.35. Megaforce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$46.35. Megaforce Co's Cyclically Adjusted PS Ratio for today is 0.65.

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: 0.68

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
67.74% of 1702 companies
in the Hardware industry
Industry Median: 1.205 vs ROCO:3294: 0.68

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 Jun. 2024 was NT$7.616. 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$46.35 for the trailing ten years ended in Jun. 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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.42 1.00 0.77

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
=30.35/46.35
=0.65

* 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 Jun. 2024 is calculated as:

For example, Megaforce Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.616/132.5538*132.5538
=7.616

Current CPI (Jun. 2024) = 132.5538.

Megaforce Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 9.383 100.428 12.385
201412 10.779 99.070 14.422
201503 9.981 99.621 13.281
201506 11.051 100.684 14.549
201509 12.653 100.392 16.707
201512 11.481 99.792 15.250
201603 8.427 100.470 11.118
201606 9.579 101.688 12.487
201609 11.164 101.861 14.528
201612 10.279 101.863 13.376
201703 8.266 102.862 10.652
201706 9.676 103.349 12.410
201709 11.760 104.136 14.969
201712 11.096 104.011 14.141
201803 7.982 105.290 10.049
201806 8.322 106.317 10.376
201809 10.495 106.507 13.062
201812 9.899 105.998 12.379
201903 7.116 107.251 8.795
201906 9.309 108.070 11.418
201909 11.910 108.329 14.573
201912 9.890 108.420 12.091
202003 4.650 108.902 5.660
202006 8.733 108.767 10.643
202009 12.417 109.815 14.988
202012 12.737 109.897 15.363
202103 9.749 111.754 11.563
202106 9.524 114.631 11.013
202109 10.300 115.734 11.797
202112 10.811 117.630 12.183
202203 9.362 121.301 10.230
202206 6.473 125.017 6.863
202209 11.628 125.227 12.308
202212 9.304 125.222 9.849
202303 6.393 127.348 6.654
202306 6.762 128.729 6.963
202309 10.028 129.860 10.236
202312 8.662 129.419 8.872
202403 7.664 131.776 7.709
202406 7.616 132.554 7.616

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 Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.5, Ziqiang Street, 1st Floor, Tucheng District, New Taipei, TWN, 236
Megaforce Co Ltd is engaged in mold making, injection molding, electronics assembly, plastic coating, as well as opto-mechatronic 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 the majority of its revenue from products such as Plastic injections, tools, and others.

Megaforce Co Headlines

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