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Connection Technology Systems (ROCO:3672) Cyclically Adjusted PS Ratio : 0.85 (As of Jun. 07, 2024)


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What is Connection Technology Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Connection Technology Systems's current share price is NT$22.80. Connection Technology Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$26.76. Connection Technology Systems's Cyclically Adjusted PS Ratio for today is 0.85.

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

ROCO:3672' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.94   Max: 1.07
Current: 0.89

During the past years, Connection Technology Systems's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.74. And the median was 0.94.

ROCO:3672's Cyclically Adjusted PS Ratio is ranked better than
56.19% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs ROCO:3672: 0.89

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.

Connection Technology Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.623. 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$26.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Connection Technology Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Connection Technology Systems'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.

Connection Technology Systems Cyclically Adjusted PS Ratio Chart

Connection Technology Systems 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 - - - 0.96 0.91

Connection Technology Systems 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 0.97 0.94 0.85 0.91 0.86

Competitive Comparison of Connection Technology Systems's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Connection Technology Systems'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.


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

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

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



Connection Technology Systems 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/26.76
=0.85

* 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.

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

For example, Connection Technology Systems'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)
=1.623/131.7762*131.7762
=1.623

Current CPI (Mar. 2024) = 131.7762.

Connection Technology Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.371 100.560 8.349
201409 5.551 100.428 7.284
201412 6.249 99.070 8.312
201503 7.141 99.621 9.446
201506 6.241 100.684 8.168
201509 6.243 100.392 8.195
201512 5.955 99.792 7.864
201603 5.818 100.470 7.631
201606 6.253 101.688 8.103
201609 7.762 101.861 10.042
201612 5.598 101.863 7.242
201703 5.374 102.862 6.885
201706 5.205 103.349 6.637
201709 4.321 104.136 5.468
201712 5.246 104.011 6.646
201803 6.498 105.290 8.133
201806 5.168 106.317 6.406
201809 4.625 106.507 5.722
201812 5.450 105.998 6.775
201903 5.523 107.251 6.786
201906 5.021 108.070 6.122
201909 4.207 108.329 5.118
201912 4.983 108.420 6.056
202003 4.774 108.902 5.777
202006 6.071 108.767 7.355
202009 7.756 109.815 9.307
202012 7.541 109.897 9.042
202103 5.370 111.754 6.332
202106 6.649 114.631 7.643
202109 8.430 115.734 9.598
202112 7.471 117.630 8.369
202203 6.177 121.301 6.710
202206 5.504 125.017 5.802
202209 5.906 125.227 6.215
202212 3.977 125.222 4.185
202303 3.373 127.348 3.490
202306 3.004 128.729 3.075
202309 3.170 129.860 3.217
202312 2.463 129.419 2.508
202403 1.623 131.776 1.623

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.


Connection Technology Systems  (ROCO:3672) 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.


Connection Technology Systems Cyclically Adjusted PS Ratio Related Terms

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


Connection Technology Systems (ROCO:3672) Business Description

Traded in Other Exchanges
N/A
Address
18F-6, No.79, Sec.1, Xintai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Connection Technology Systems Inc. is engaged in providing fiber optic communication products and services in Taiwan. Its main products include Fiber Switch Product, Fiber Gateway Product, PoE Product, Media Converter Product.

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