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AimCore technology Co (ROCO:3615) Cyclically Adjusted PS Ratio : 1.67 (As of Jun. 11, 2024)


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What is AimCore technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-11), AimCore technology Co's current share price is NT$25.25. AimCore technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$15.15. AimCore technology Co's Cyclically Adjusted PS Ratio for today is 1.67.

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

ROCO:3615' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.33   Max: 2.1
Current: 1.69

During the past years, AimCore technology Co's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.66. And the median was 1.33.

ROCO:3615's Cyclically Adjusted PS Ratio is ranked worse than
64.62% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs ROCO:3615: 1.69

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.

AimCore technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.173. 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$15.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AimCore technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AimCore 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.

AimCore technology Co Cyclically Adjusted PS Ratio Chart

AimCore 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 0.92 1.55 1.60 1.13 1.54

AimCore 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 1.19 1.54 1.69 1.54 1.70

Competitive Comparison of AimCore technology Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, AimCore 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.


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

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

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



AimCore 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.25/15.15
=1.67

* 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.

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

For example, AimCore 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)
=4.173/131.7762*131.7762
=4.173

Current CPI (Mar. 2024) = 131.7762.

AimCore technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.256 100.560 2.956
201409 2.470 100.428 3.241
201412 2.944 99.070 3.916
201503 2.203 99.621 2.914
201506 2.825 100.684 3.697
201509 2.818 100.392 3.699
201512 2.634 99.792 3.478
201603 2.407 100.470 3.157
201606 2.435 101.688 3.155
201609 3.168 101.861 4.098
201612 3.561 101.863 4.607
201703 3.362 102.862 4.307
201706 3.261 103.349 4.158
201709 3.906 104.136 4.943
201712 3.643 104.011 4.615
201803 3.358 105.290 4.203
201806 2.903 106.317 3.598
201809 2.040 106.507 2.524
201812 1.787 105.998 2.222
201903 1.285 107.251 1.579
201906 1.279 108.070 1.560
201909 2.803 108.329 3.410
201912 2.199 108.420 2.673
202003 1.841 108.902 2.228
202006 2.670 108.767 3.235
202009 3.533 109.815 4.240
202012 3.567 109.897 4.277
202103 3.979 111.754 4.692
202106 4.688 114.631 5.389
202109 5.087 115.734 5.792
202112 4.788 117.630 5.364
202203 4.276 121.301 4.645
202206 4.579 125.017 4.827
202209 3.654 125.227 3.845
202212 3.819 125.222 4.019
202303 3.747 127.348 3.877
202306 3.959 128.729 4.053
202309 4.054 129.860 4.114
202312 3.966 129.419 4.038
202403 4.173 131.776 4.173

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.


AimCore technology Co  (ROCO:3615) 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.


AimCore technology Co Cyclically Adjusted PS Ratio Related Terms

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


AimCore technology Co (ROCO:3615) Business Description

Traded in Other Exchanges
N/A
Address
No 10 Kuangfu N.Road, Hsin Chu Industrial Park, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the manufacture and sale of conductive glass in Taiwan. Its products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.

AimCore technology Co (ROCO:3615) Headlines

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