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Forcecon Technology Co (ROCO:3483) Cyclically Adjusted PS Ratio : 2.47 (As of Jun. 02, 2024)


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What is Forcecon Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Forcecon Technology Co's current share price is NT$207.00. Forcecon Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$83.68. Forcecon Technology Co's Cyclically Adjusted PS Ratio for today is 2.47.

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

ROCO:3483' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.12   Max: 2.47
Current: 2.47

During the past years, Forcecon Technology Co's highest Cyclically Adjusted PS Ratio was 2.47. The lowest was 0.51. And the median was 1.12.

ROCO:3483's Cyclically Adjusted PS Ratio is ranked worse than
74.52% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:3483: 2.47

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.

Forcecon Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$22.763. 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$83.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forcecon Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forcecon Technology 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.

Forcecon Technology Co Cyclically Adjusted PS Ratio Chart

Forcecon Technology 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 1.02 1.05 1.32 0.70 1.98

Forcecon Technology 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 0.93 1.11 1.68 1.98 1.82

Competitive Comparison of Forcecon Technology Co's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Forcecon Technology 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.


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

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

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



Forcecon Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=207.00/83.68
=2.47

* 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.

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

For example, Forcecon Technology 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)
=22.763/131.7762*131.7762
=22.763

Current CPI (Mar. 2024) = 131.7762.

Forcecon Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.413 100.560 16.266
201409 11.654 100.428 15.292
201412 11.974 99.070 15.927
201503 9.444 99.621 12.492
201506 7.838 100.684 10.258
201509 10.227 100.392 13.424
201512 12.949 99.792 17.099
201603 11.383 100.470 14.930
201606 12.479 101.688 16.171
201609 14.776 101.861 19.116
201612 13.867 101.863 17.939
201703 12.819 102.862 16.422
201706 12.592 103.349 16.056
201709 16.161 104.136 20.451
201712 15.731 104.011 19.930
201803 13.066 105.290 16.353
201806 15.290 106.317 18.951
201809 18.825 106.507 23.291
201812 17.921 105.998 22.279
201903 15.047 107.251 18.488
201906 17.751 108.070 21.645
201909 21.114 108.329 25.684
201912 18.801 108.420 22.851
202003 13.029 108.902 15.766
202006 21.108 108.767 25.573
202009 22.983 109.815 27.579
202012 21.524 109.897 25.809
202103 20.558 111.754 24.241
202106 22.256 114.631 25.585
202109 27.561 115.734 31.381
202112 29.631 117.630 33.195
202203 23.657 121.301 25.700
202206 22.126 125.017 23.322
202209 22.284 125.227 23.450
202212 19.940 125.222 20.984
202303 20.335 127.348 21.042
202306 24.301 128.729 24.876
202309 31.129 129.860 31.588
202312 22.247 129.419 22.652
202403 22.763 131.776 22.763

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.


Forcecon Technology Co  (ROCO:3483) 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.


Forcecon Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Forcecon Technology Co (ROCO:3483) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No. 31, Hsin Tai Road, Hsinchu County, Taiheli, Chu-Bei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan based company engaged in the business activities includes the design, manufacturing, processing and trading of computer and peripheral equipment components. The segment includes, The company, suzhou Forcecon, Chongqing Forcecon, Sichuan Forcecon and Other segment.

Forcecon Technology Co (ROCO:3483) Headlines

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