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Asia Tech Image (ROCO:4974) Cyclically Adjusted PS Ratio : 1.42 (As of Dec. 13, 2024)


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What is Asia Tech Image Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Asia Tech Image's current share price is NT$90.60. Asia Tech Image's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$63.69. Asia Tech Image's Cyclically Adjusted PS Ratio for today is 1.42.

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

ROCO:4974' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.92   Max: 1.9
Current: 1.46

During the past years, Asia Tech Image's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.67. And the median was 0.92.

ROCO:4974's Cyclically Adjusted PS Ratio is ranked worse than
52.23% of 1616 companies
in the Hardware industry
Industry Median: 1.31 vs ROCO:4974: 1.46

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.

Asia Tech Image's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$18.266. 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$63.69 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Tech Image Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Tech Image'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.

Asia Tech Image Cyclically Adjusted PS Ratio Chart

Asia Tech Image 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 0.88 0.90 0.90 1.06

Asia Tech Image 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 1.05 1.06 1.08 1.10 1.66

Competitive Comparison of Asia Tech Image's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Asia Tech Image'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.


Asia Tech Image's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Asia Tech Image's Cyclically Adjusted PS Ratio falls into.



Asia Tech Image 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.

Asia Tech Image's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.60/63.69
=1.42

* 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.

Asia Tech Image's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Asia Tech Image'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)
=18.266/133.0289*133.0289
=18.266

Current CPI (Sep. 2024) = 133.0289.

Asia Tech Image Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 11.560 99.070 15.523
201503 14.319 99.621 19.121
201506 16.052 100.684 21.209
201509 14.908 100.392 19.755
201512 11.852 99.792 15.799
201603 7.439 100.470 9.850
201606 13.851 101.688 18.120
201609 16.969 101.861 22.161
201612 12.058 101.863 15.747
201703 9.946 102.862 12.863
201706 14.035 103.349 18.066
201709 13.223 104.136 16.892
201712 12.539 104.011 16.037
201803 12.126 105.290 15.321
201806 14.138 106.317 17.690
201809 13.072 106.507 16.327
201812 10.491 105.998 13.166
201903 10.871 107.251 13.484
201906 14.858 108.070 18.290
201909 14.247 108.329 17.495
201912 11.966 108.420 14.682
202003 10.799 108.902 13.192
202006 13.868 108.767 16.961
202009 14.710 109.815 17.820
202012 14.835 109.897 17.958
202103 13.876 111.754 16.518
202106 14.651 114.631 17.002
202109 16.155 115.734 18.569
202112 12.397 117.630 14.020
202203 13.747 121.301 15.076
202206 14.223 125.017 15.135
202209 14.656 125.227 15.569
202212 15.565 125.222 16.535
202303 11.969 127.348 12.503
202306 13.809 128.729 14.270
202309 11.503 129.860 11.784
202312 10.982 129.419 11.288
202403 11.663 131.776 11.774
202406 15.005 132.554 15.059
202409 18.266 133.029 18.266

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.


Asia Tech Image  (ROCO:4974) 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.


Asia Tech Image Cyclically Adjusted PS Ratio Related Terms

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


Asia Tech Image Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhongzheng Road, 2nd Floor, No. 880, Zhonghe District, Taipei, TWN
Asia Tech Image Inc is engaged in manufacturing and selling contact image sensor modules the scope of product application is mainly for multi-functional business machines. its product includes CIS modules applied to Inkjet multi-functional printers (MFP), Laser MFP, Scanners, Plain paper copiers, and digital photo frames. It operates in three principal geographical areas including Taiwan, China, and Burma.

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