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Shih Her Technologies (ROCO:3551) Cyclically Adjusted PS Ratio : 2.65 (As of Jun. 10, 2024)


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What is Shih Her Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Shih Her Technologies's current share price is NT$104.00. Shih Her Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$39.20. Shih Her Technologies's Cyclically Adjusted PS Ratio for today is 2.65.

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

ROCO:3551' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.83   Max: 3.37
Current: 2.65

During the past years, Shih Her Technologies's highest Cyclically Adjusted PS Ratio was 3.37. The lowest was 1.13. And the median was 1.83.

ROCO:3551's Cyclically Adjusted PS Ratio is ranked worse than
55.67% of 679 companies
in the Semiconductors industry
Industry Median: 2.28 vs ROCO:3551: 2.65

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.

Shih Her Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$10.779. 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$39.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shih Her Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shih Her Technologies'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.

Shih Her Technologies Cyclically Adjusted PS Ratio Chart

Shih Her Technologies 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 1.95 1.72 2.26 1.59 2.21

Shih Her Technologies 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 1.67 1.82 1.93 2.21 3.24

Competitive Comparison of Shih Her Technologies's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Shih Her Technologies'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.


Shih Her Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shih Her Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shih Her Technologies 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.

Shih Her Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.00/39.2
=2.65

* 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.

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

For example, Shih Her Technologies'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)
=10.779/131.7762*131.7762
=10.779

Current CPI (Mar. 2024) = 131.7762.

Shih Her Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.693 100.560 8.771
201409 7.066 100.428 9.272
201412 6.666 99.070 8.867
201503 5.995 99.621 7.930
201506 6.164 100.684 8.068
201509 5.933 100.392 7.788
201512 5.714 99.792 7.545
201603 5.400 100.470 7.083
201606 5.865 101.688 7.600
201609 6.282 101.861 8.127
201612 6.107 101.863 7.900
201703 6.158 102.862 7.889
201706 6.345 103.349 8.090
201709 7.118 104.136 9.007
201712 7.074 104.011 8.962
201803 7.535 105.290 9.431
201806 7.758 106.317 9.616
201809 8.470 106.507 10.480
201812 8.736 105.998 10.861
201903 8.680 107.251 10.665
201906 8.995 108.070 10.968
201909 10.135 108.329 12.329
201912 9.870 108.420 11.996
202003 8.199 108.902 9.921
202006 8.360 108.767 10.128
202009 9.840 109.815 11.808
202012 9.707 109.897 11.640
202103 9.323 111.754 10.993
202106 9.113 114.631 10.476
202109 9.332 115.734 10.626
202112 9.524 117.630 10.669
202203 10.140 121.301 11.016
202206 10.443 125.017 11.008
202209 10.713 125.227 11.273
202212 10.545 125.222 11.097
202303 10.104 127.348 10.455
202306 10.286 128.729 10.530
202309 9.729 129.860 9.873
202312 10.256 129.419 10.443
202403 10.779 131.776 10.779

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.


Shih Her Technologies  (ROCO:3551) 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.


Shih Her Technologies Cyclically Adjusted PS Ratio Related Terms

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


Shih Her Technologies (ROCO:3551) Business Description

Traded in Other Exchanges
N/A
Address
No.18,, Renjheng Road, Hukou, Hsin-Chu, TWN, 30352
Shih Her Technologies Inc is a Taiwan-based company that engages in precision cleaning and professional reborn treatment for semiconductor, photo-electricity, and solar energy manufacturing equipment parts.

Shih Her Technologies (ROCO:3551) Headlines

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