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Giga Solar Materials (ROCO:3691) Cyclically Adjusted PS Ratio : 0.49 (As of Dec. 13, 2024)


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What is Giga Solar Materials Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Giga Solar Materials's current share price is NT$79.00. Giga Solar Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$162.15. Giga Solar Materials's Cyclically Adjusted PS Ratio for today is 0.49.

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

ROCO:3691' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.81   Max: 1.49
Current: 0.53

During the past years, Giga Solar Materials's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.46. And the median was 0.81.

ROCO:3691's Cyclically Adjusted PS Ratio is ranked better than
88.55% of 550 companies
in the Semiconductors industry
Industry Median: 2.52 vs ROCO:3691: 0.53

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.

Giga Solar Materials's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$18.799. 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$162.15 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giga Solar Materials Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials Cyclically Adjusted PS Ratio Chart

Giga Solar Materials 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 0.95 1.39 1.28 0.60 0.55

Giga Solar Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.47 0.55 0.72 0.88 0.67

Competitive Comparison of Giga Solar Materials's Cyclically Adjusted PS Ratio

For the Solar subindustry, Giga Solar Materials'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.


Giga Solar Materials's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Giga Solar Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Giga Solar Materials's Cyclically Adjusted PS Ratio falls into.



Giga Solar Materials 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.

Giga Solar Materials's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.00/162.15
=0.49

* 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.

Giga Solar Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Giga Solar Materials's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=18.799/133.0289*133.0289
=18.799

Current CPI (Sep. 2024) = 133.0289.

Giga Solar Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 45.140 99.070 60.613
201503 42.091 99.621 56.206
201506 53.866 100.684 71.171
201509 68.094 100.392 90.231
201512 74.105 99.792 98.786
201603 67.969 100.470 89.995
201606 66.327 101.688 86.769
201609 46.483 101.861 60.706
201612 37.465 101.863 48.928
201703 34.717 102.862 44.899
201706 36.021 103.349 46.366
201709 40.581 104.136 51.841
201712 41.145 104.011 52.624
201803 32.466 105.290 41.019
201806 39.493 106.317 49.416
201809 30.300 106.507 37.845
201812 26.027 105.998 32.664
201903 29.728 107.251 36.873
201906 32.904 108.070 40.503
201909 26.535 108.329 32.585
201912 28.966 108.420 35.541
202003 28.545 108.902 34.869
202006 27.331 108.767 33.427
202009 38.267 109.815 46.356
202012 36.956 109.897 44.735
202103 30.739 111.754 36.591
202106 27.569 114.631 31.994
202109 21.969 115.734 25.252
202112 30.242 117.630 34.201
202203 19.073 121.301 20.917
202206 22.052 125.017 23.465
202209 17.823 125.227 18.933
202212 11.160 125.222 11.856
202303 8.446 127.348 8.823
202306 6.068 128.729 6.271
202309 6.499 129.860 6.658
202312 11.200 129.419 11.512
202403 16.546 131.776 16.703
202406 24.496 132.554 24.584
202409 18.799 133.029 18.799

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.


Giga Solar Materials  (ROCO:3691) 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.


Giga Solar Materials Cyclically Adjusted PS Ratio Related Terms

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


Giga Solar Materials Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Gongye 1st Road, 1st Floor, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. The reportable segments of the company are; the Photovoltaic materials division which generates key revenue for the company, the Solar power plant division, the Wire materials division, and others. Geographically, the company generates a majority of its revenue from Taiwan followed by Mainland China, Japan, South Korea, India, Hong Kong, and other countries.

Giga Solar Materials Headlines

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