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Transtouch Technology (ROCO:3623) Cyclically Adjusted PS Ratio : 1.27 (As of Jun. 23, 2024)


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What is Transtouch Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Transtouch Technology's current share price is NT$30.10. Transtouch Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$23.78. Transtouch Technology's Cyclically Adjusted PS Ratio for today is 1.27.

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

ROCO:3623' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.65   Max: 2.09
Current: 1.27

During the past years, Transtouch Technology's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.44. And the median was 0.65.

ROCO:3623's Cyclically Adjusted PS Ratio is ranked worse than
51.9% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs ROCO:3623: 1.27

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.

Transtouch Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.423. 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$23.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transtouch Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transtouch 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.

Transtouch Technology Cyclically Adjusted PS Ratio Chart

Transtouch 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 0.78 0.61 0.78 0.60 1.33

Transtouch 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 0.64 0.72 0.86 1.33 1.35

Competitive Comparison of Transtouch Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Transtouch 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.


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

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

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



Transtouch 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.10/23.78
=1.27

* 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.

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

For example, Transtouch 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)
=2.423/131.7762*131.7762
=2.423

Current CPI (Mar. 2024) = 131.7762.

Transtouch Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.165 100.560 10.700
201409 8.441 100.428 11.076
201412 7.541 99.070 10.031
201503 4.371 99.621 5.782
201506 6.513 100.684 8.524
201509 7.231 100.392 9.492
201512 4.469 99.792 5.901
201603 6.402 100.470 8.397
201606 5.558 101.688 7.203
201609 6.562 101.861 8.489
201612 7.272 101.863 9.408
201703 6.075 102.862 7.783
201706 5.852 103.349 7.462
201709 6.716 104.136 8.499
201712 7.752 104.011 9.821
201803 7.036 105.290 8.806
201806 6.931 106.317 8.591
201809 6.846 106.507 8.470
201812 6.263 105.998 7.786
201903 4.879 107.251 5.995
201906 3.385 108.070 4.128
201909 3.690 108.329 4.489
201912 2.797 108.420 3.400
202003 3.413 108.902 4.130
202006 3.294 108.767 3.991
202009 2.260 109.815 2.712
202012 2.513 109.897 3.013
202103 2.510 111.754 2.960
202106 3.050 114.631 3.506
202109 4.071 115.734 4.635
202112 4.102 117.630 4.595
202203 3.482 121.301 3.783
202206 3.446 125.017 3.632
202209 2.407 125.227 2.533
202212 2.597 125.222 2.733
202303 3.464 127.348 3.584
202306 3.261 128.729 3.338
202309 3.138 129.860 3.184
202312 2.771 129.419 2.821
202403 2.423 131.776 2.423

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.


Transtouch Technology  (ROCO:3623) 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.


Transtouch Technology Cyclically Adjusted PS Ratio Related Terms

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


Transtouch Technology (ROCO:3623) Business Description

Traded in Other Exchanges
N/A
Address
No.50, Huaya 3rd Road, 6th Floor, Guishan District, Tao-yuan, TWN
Transtouch Technology Inc manufactures, develops and sells touch panel technology in Taiwan. Its products include resistive touch panels and capacitive touch panels.

Transtouch Technology (ROCO:3623) Headlines

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