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United Fiber Optic Communication (ROCO:4903) Cyclically Adjusted PS Ratio : 1.24 (As of Jun. 17, 2024)


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What is United Fiber Optic Communication Cyclically Adjusted PS Ratio?

As of today (2024-06-17), United Fiber Optic Communication's current share price is NT$24.85. United Fiber Optic Communication's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$19.97. United Fiber Optic Communication's Cyclically Adjusted PS Ratio for today is 1.24.

The historical rank and industry rank for United Fiber Optic Communication's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4903' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.71   Max: 1.28
Current: 1.24

During the past years, United Fiber Optic Communication's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.47. And the median was 0.71.

ROCO:4903's Cyclically Adjusted PS Ratio is ranked worse than
54.29% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs ROCO:4903: 1.24

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.

United Fiber Optic Communication's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.403. 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$19.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Fiber Optic Communication Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Fiber Optic Communication'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.

United Fiber Optic Communication Cyclically Adjusted PS Ratio Chart

United Fiber Optic Communication 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 1.11 0.57 0.94 0.64 0.87

United Fiber Optic Communication 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 1.00 0.98 0.72 0.87 0.84

Competitive Comparison of United Fiber Optic Communication's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, United Fiber Optic Communication'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.


United Fiber Optic Communication's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where United Fiber Optic Communication's Cyclically Adjusted PS Ratio falls into.



United Fiber Optic Communication 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.

United Fiber Optic Communication's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.85/19.97
=1.24

* 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.

United Fiber Optic Communication's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Fiber Optic Communication'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)
=1.403/131.7762*131.7762
=1.403

Current CPI (Mar. 2024) = 131.7762.

United Fiber Optic Communication Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.147 100.560 8.055
201409 7.645 100.428 10.031
201412 10.926 99.070 14.533
201503 5.263 99.621 6.962
201506 6.506 100.684 8.515
201509 7.935 100.392 10.416
201512 5.544 99.792 7.321
201603 4.427 100.470 5.806
201606 4.973 101.688 6.444
201609 3.762 101.861 4.867
201612 5.614 101.863 7.263
201703 3.200 102.862 4.100
201706 3.255 103.349 4.150
201709 4.447 104.136 5.627
201712 4.683 104.011 5.933
201803 3.435 105.290 4.299
201806 3.845 106.317 4.766
201809 2.732 106.507 3.380
201812 4.386 105.998 5.453
201903 4.619 107.251 5.675
201906 3.689 108.070 4.498
201909 2.837 108.329 3.451
201912 2.631 108.420 3.198
202003 5.775 108.902 6.988
202006 4.350 108.767 5.270
202009 2.381 109.815 2.857
202012 3.880 109.897 4.652
202103 3.632 111.754 4.283
202106 2.051 114.631 2.358
202109 4.400 115.734 5.010
202112 2.755 117.630 3.086
202203 1.678 121.301 1.823
202206 2.892 125.017 3.048
202209 3.149 125.227 3.314
202212 3.440 125.222 3.620
202303 2.227 127.348 2.304
202306 1.033 128.729 1.057
202309 1.759 129.860 1.785
202312 2.088 129.419 2.126
202403 1.403 131.776 1.403

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.


United Fiber Optic Communication  (ROCO:4903) 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.


United Fiber Optic Communication Cyclically Adjusted PS Ratio Related Terms

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


United Fiber Optic Communication (ROCO:4903) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Creation Road IV, Science-Based Industrial Park, Hsinchu, TWN
United Fiber Optic Communication Inc manufactures and distributes optical fiber cables and transmission equipment. The company mainly engages in exporting and importing products as well as providing services regarding fiber optic cables, related materials and accessories, transmission equipment, dense wavelength division multiplex (DWDM), repeaters, panels and boxes, and preforms, related communications equipment and network workstation systems, FDDI network equipment, optical Cable TV transmitters and receivers, FM PSK multi-band video transmission series, broadband data transmission, and network management systems.

United Fiber Optic Communication (ROCO:4903) Headlines

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