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Magnate Technology Co (ROCO:4541) Cyclically Adjusted PS Ratio : 1.34 (As of Jun. 25, 2024)


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What is Magnate Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Magnate Technology Co's current share price is NT$29.45. Magnate Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$21.94. Magnate Technology Co's Cyclically Adjusted PS Ratio for today is 1.34.

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

ROCO:4541' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.39   Max: 2.14
Current: 1.31

During the past years, Magnate Technology Co's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 1.03. And the median was 1.39.

ROCO:4541's Cyclically Adjusted PS Ratio is ranked better than
54.5% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.53 vs ROCO:4541: 1.31

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.

Magnate Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.222. 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$21.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magnate Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Magnate 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.

Magnate Technology Co Cyclically Adjusted PS Ratio Chart

Magnate 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 - - 1.14 1.38 1.45

Magnate 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 1.52 1.99 1.53 1.45 1.42

Competitive Comparison of Magnate Technology Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Magnate 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.


Magnate Technology Co's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magnate Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Magnate 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.45/21.94
=1.34

* 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.

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

For example, Magnate 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)
=4.222/131.7762*131.7762
=4.222

Current CPI (Mar. 2024) = 131.7762.

Magnate Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.638 100.560 7.388
201409 5.950 100.428 7.807
201412 5.284 99.070 7.028
201503 4.450 99.621 5.886
201506 4.938 100.684 6.463
201509 4.815 100.392 6.320
201512 4.220 99.792 5.573
201603 4.048 100.470 5.309
201606 4.618 101.688 5.984
201609 4.237 101.861 5.481
201612 4.908 101.863 6.349
201703 4.376 102.862 5.606
201706 4.887 103.349 6.231
201709 5.266 104.136 6.664
201712 5.371 104.011 6.805
201803 4.363 105.290 5.461
201806 5.122 106.317 6.349
201809 5.345 106.507 6.613
201812 4.213 105.998 5.238
201903 4.159 107.251 5.110
201906 5.059 108.070 6.169
201909 5.115 108.329 6.222
201912 4.948 108.420 6.014
202003 4.467 108.902 5.405
202006 3.301 108.767 3.999
202009 2.750 109.815 3.300
202012 2.638 109.897 3.163
202103 3.174 111.754 3.743
202106 4.035 114.631 4.638
202109 3.811 115.734 4.339
202112 4.418 117.630 4.949
202203 4.494 121.301 4.882
202206 5.059 125.017 5.333
202209 5.846 125.227 6.152
202212 4.836 125.222 5.089
202303 4.253 127.348 4.401
202306 4.501 128.729 4.608
202309 4.546 129.860 4.613
202312 4.399 129.419 4.479
202403 4.222 131.776 4.222

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.


Magnate Technology Co  (ROCO:4541) 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.


Magnate Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Magnate Technology Co (ROCO:4541) Business Description

Traded in Other Exchanges
N/A
Address
Number 11, Beiling 2nd Road, Beiling Ville., Lujhu District, Kaohsiung, TWN, 821
Magnate Technology Co Ltd is a Taiwan-based company operating in the Aerospace & Defense Industry. The company is mainly engaged in the processing or manufacturing and sells aircraft components, mechanical equipment components and general instrument components, and other related products. It has two operating segments which include the aircraft and Non-aircrafts segment. Geographically it generates the majority of its revenue from Taiwan.

Magnate Technology Co (ROCO:4541) Headlines

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