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Chipbond Technology (ROCO:6147) Cyclically Adjusted PS Ratio : 1.85 (As of Sep. 24, 2024)


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What is Chipbond Technology Cyclically Adjusted PS Ratio?

As of today (2024-09-24), Chipbond Technology's current share price is NT$65.30. Chipbond Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$35.21. Chipbond Technology's Cyclically Adjusted PS Ratio for today is 1.85.

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

ROCO:6147' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.11   Max: 2.69
Current: 1.86

During the past years, Chipbond Technology's highest Cyclically Adjusted PS Ratio was 2.69. The lowest was 1.46. And the median was 2.11.

ROCO:6147's Cyclically Adjusted PS Ratio is ranked better than
57.83% of 562 companies
in the Semiconductors industry
Industry Median: 2.38 vs ROCO:6147: 1.86

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.

Chipbond Technology's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$6.890. 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$35.21 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chipbond Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chipbond 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.

Chipbond Technology Cyclically Adjusted PS Ratio Chart

Chipbond 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 2.41 2.29 2.07 1.67 2.08

Chipbond Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.81 1.94 2.08 2.25 1.91

Competitive Comparison of Chipbond Technology's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Chipbond 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.


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

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

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



Chipbond 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.30/35.21
=1.85

* 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.

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

For example, Chipbond Technology's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=6.89/132.5538*132.5538
=6.890

Current CPI (Jun. 2024) = 132.5538.

Chipbond Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.197 100.428 9.499
201412 6.834 99.070 9.144
201503 6.594 99.621 8.774
201506 6.562 100.684 8.639
201509 6.582 100.392 8.691
201512 5.967 99.792 7.926
201603 5.695 100.470 7.514
201606 6.158 101.688 8.027
201609 7.155 101.861 9.311
201612 7.369 101.863 9.589
201703 5.627 102.862 7.251
201706 5.730 103.349 7.349
201709 6.593 104.136 8.392
201712 6.542 104.011 8.337
201803 5.870 105.290 7.390
201806 6.480 106.317 8.079
201809 8.040 106.507 10.006
201812 7.940 105.998 9.929
201903 7.066 107.251 8.733
201906 7.638 108.070 9.368
201909 8.219 108.329 10.057
201912 7.902 108.420 9.661
202003 8.030 108.902 9.774
202006 7.612 108.767 9.277
202009 8.758 109.815 10.571
202012 9.230 109.897 11.133
202103 9.463 111.754 11.224
202106 10.245 114.631 11.847
202109 10.504 115.734 12.031
202112 8.945 117.630 10.080
202203 8.987 121.301 9.821
202206 8.860 125.017 9.394
202209 7.046 125.227 7.458
202212 7.125 125.222 7.542
202303 6.153 127.348 6.405
202306 7.345 128.729 7.563
202309 6.953 129.860 7.097
202312 6.384 129.419 6.539
202403 5.742 131.776 5.776
202406 6.890 132.554 6.890

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.


Chipbond Technology  (ROCO:6147) 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.


Chipbond Technology Cyclically Adjusted PS Ratio Related Terms

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


Chipbond Technology Business Description

Traded in Other Exchanges
N/A
Address
No 3, Li Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 300
Chipbond Technology Corp along is engaged in the research, development, manufacturing, and sale of driver IC and non-driver IC packaging and testing services.

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