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Avalue Technology (ROCO:3479) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 10, 2024)


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What is Avalue Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Avalue Technology's current share price is NT$119.00. Avalue Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$94.23. Avalue Technology's Cyclically Adjusted PS Ratio for today is 1.26.

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

ROCO:3479' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.79   Max: 1.41
Current: 1.26

During the past years, Avalue Technology's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.63. And the median was 0.79.

ROCO:3479's Cyclically Adjusted PS Ratio is ranked worse than
55.25% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs ROCO:3479: 1.26

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.

Avalue Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$20.221. 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$94.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avalue Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avalue Technology'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.

Avalue Technology Cyclically Adjusted PS Ratio Chart

Avalue Technology 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 1.03 0.75 0.72 0.94 1.29

Avalue Technology 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 1.07 1.18 1.07 1.29 1.32

Competitive Comparison of Avalue Technology's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Avalue Technology'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.


Avalue Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Avalue Technology 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.

Avalue Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.00/94.23
=1.26

* 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.

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

For example, Avalue Technology'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)
=20.221/131.7762*131.7762
=20.221

Current CPI (Mar. 2024) = 131.7762.

Avalue Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.400 100.560 21.491
201409 17.901 100.428 23.489
201412 16.139 99.070 21.467
201503 14.300 99.621 18.916
201506 13.005 100.684 17.021
201509 17.717 100.392 23.256
201512 20.411 99.792 26.953
201603 20.458 100.470 26.833
201606 19.692 101.688 25.519
201609 17.334 101.861 22.425
201612 15.992 101.863 20.688
201703 16.300 102.862 20.882
201706 16.671 103.349 21.257
201709 18.550 104.136 23.474
201712 18.539 104.011 23.488
201803 16.995 105.290 21.270
201806 16.715 106.317 20.718
201809 18.409 106.507 22.777
201812 19.889 105.998 24.726
201903 17.532 107.251 21.541
201906 21.030 108.070 25.643
201909 21.241 108.329 25.838
201912 26.844 108.420 32.627
202003 21.300 108.902 25.774
202006 13.839 108.767 16.767
202009 15.459 109.815 18.551
202012 15.187 109.897 18.211
202103 15.043 111.754 17.738
202106 15.930 114.631 18.313
202109 18.179 115.734 20.699
202112 19.805 117.630 22.187
202203 23.101 121.301 25.096
202206 26.035 125.017 27.443
202209 28.137 125.227 29.609
202212 32.152 125.222 33.835
202303 28.646 127.348 29.642
202306 27.336 128.729 27.983
202309 31.063 129.860 31.521
202312 25.981 129.419 26.454
202403 20.221 131.776 20.221

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.


Avalue Technology  (ROCO:3479) 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.


Avalue Technology Cyclically Adjusted PS Ratio Related Terms

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


Avalue Technology (ROCO:3479) Business Description

Traded in Other Exchanges
N/A
Address
No. 228 Liancheng Road, Zhonghe District, 7th Floor, New Taipei City, TWN, 235
Avalue Technology Inc designs and manufactures PC-based industrial computer products. Its products include an embedded platform, industrial motherboard, applied panel computing, RISC platform and ODM service, industrial motherboard, intelligent system, and among others.

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