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Vate Technology (ROCO:5344) Cyclically Adjusted PS Ratio : 6.10 (As of Jun. 10, 2024)


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What is Vate Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Vate Technology's current share price is NT$21.90. Vate Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$3.59. Vate Technology's Cyclically Adjusted PS Ratio for today is 6.10.

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

ROCO:5344' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 5.56   Max: 13.12
Current: 6.11

During the past years, Vate Technology's highest Cyclically Adjusted PS Ratio was 13.12. The lowest was 2.36. And the median was 5.56.

ROCO:5344's Cyclically Adjusted PS Ratio is ranked worse than
77.94% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs ROCO:5344: 6.11

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.

Vate Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.077. 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$3.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vate Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vate Technology'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.

Vate Technology Cyclically Adjusted PS Ratio Chart

Vate Technology 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 2.48 5.49 12.66 5.52 6.68

Vate Technology 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 5.29 4.74 5.26 6.68 6.18

Competitive Comparison of Vate Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Vate Technology'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.


Vate Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Vate Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.90/3.59
=6.10

* 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.

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

For example, Vate Technology'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)
=1.077/131.7762*131.7762
=1.077

Current CPI (Mar. 2024) = 131.7762.

Vate Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.486 100.560 0.637
201409 0.466 100.428 0.611
201412 0.403 99.070 0.536
201503 0.406 99.621 0.537
201506 0.400 100.684 0.524
201509 0.404 100.392 0.530
201512 0.463 99.792 0.611
201603 0.449 100.470 0.589
201606 0.470 101.688 0.609
201609 0.518 101.861 0.670
201612 0.566 101.863 0.732
201703 0.582 102.862 0.746
201706 1.011 103.349 1.289
201709 0.651 104.136 0.824
201712 0.648 104.011 0.821
201803 0.602 105.290 0.753
201806 0.603 106.317 0.747
201809 0.642 106.507 0.794
201812 0.557 105.998 0.692
201903 0.539 107.251 0.662
201906 0.644 108.070 0.785
201909 0.706 108.329 0.859
201912 0.757 108.420 0.920
202003 0.829 108.902 1.003
202006 0.932 108.767 1.129
202009 1.401 109.815 1.681
202012 1.269 109.897 1.522
202103 1.273 111.754 1.501
202106 1.177 114.631 1.353
202109 1.192 115.734 1.357
202112 1.155 117.630 1.294
202203 1.003 121.301 1.090
202206 0.991 125.017 1.045
202209 0.769 125.227 0.809
202212 0.610 125.222 0.642
202303 0.674 127.348 0.697
202306 0.883 128.729 0.904
202309 0.994 129.860 1.009
202312 1.244 129.419 1.267
202403 1.077 131.776 1.077

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.


Vate Technology  (ROCO:5344) 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.


Vate Technology Cyclically Adjusted PS Ratio Related Terms

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


Vate Technology (ROCO:5344) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Lixing 5th Road, Hsin Chu, TWN
Vate Technology Corp Ltd is engaged in integrated circuit testing and packaging, circuit probe testing, as well as testing of central processing units. It provides logic testing services such as testing of logic and Power ICs, and CPU testing services.

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