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Wafer Works (ROCO:6182) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 20, 2024)


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What is Wafer Works Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Wafer Works's current share price is NT$37.45. Wafer Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$19.54. Wafer Works's Cyclically Adjusted PS Ratio for today is 1.92.

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

ROCO:6182' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.25   Max: 5.04
Current: 1.94

During the past years, Wafer Works's highest Cyclically Adjusted PS Ratio was 5.04. The lowest was 1.14. And the median was 2.25.

ROCO:6182's Cyclically Adjusted PS Ratio is ranked better than
56.55% of 679 companies
in the Semiconductors industry
Industry Median: 2.3 vs ROCO:6182: 1.94

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.

Wafer Works's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.608. 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$19.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wafer Works Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wafer Works'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.

Wafer Works Cyclically Adjusted PS Ratio Chart

Wafer Works 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 1.70 2.50 4.89 2.15 2.24

Wafer Works 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 2.51 2.44 2.26 2.24 1.99

Competitive Comparison of Wafer Works's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Wafer Works 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.

Wafer Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.45/19.54
=1.92

* 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.

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

For example, Wafer Works'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)
=3.608/131.7762*131.7762
=3.608

Current CPI (Mar. 2024) = 131.7762.

Wafer Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.081 100.560 6.658
201409 4.403 100.428 5.777
201412 3.191 99.070 4.244
201503 3.395 99.621 4.491
201506 3.409 100.684 4.462
201509 3.282 100.392 4.308
201512 3.297 99.792 4.354
201603 3.113 100.470 4.083
201606 3.363 101.688 4.358
201609 3.127 101.861 4.045
201612 2.735 101.863 3.538
201703 3.053 102.862 3.911
201706 3.574 103.349 4.557
201709 3.369 104.136 4.263
201712 3.420 104.011 4.333
201803 4.349 105.290 5.443
201806 4.507 106.317 5.586
201809 5.014 106.507 6.204
201812 4.494 105.998 5.587
201903 4.113 107.251 5.054
201906 3.967 108.070 4.837
201909 3.378 108.329 4.109
201912 3.367 108.420 4.092
202003 3.346 108.902 4.049
202006 3.666 108.767 4.442
202009 3.622 109.815 4.346
202012 3.701 109.897 4.438
202103 4.451 111.754 5.248
202106 4.908 114.631 5.642
202109 5.076 115.734 5.780
202112 5.375 117.630 6.021
202203 5.551 121.301 6.030
202206 5.713 125.017 6.022
202209 6.222 125.227 6.547
202212 5.707 125.222 6.006
202303 4.930 127.348 5.101
202306 4.672 128.729 4.783
202309 4.927 129.860 5.000
202312 3.931 129.419 4.003
202403 3.608 131.776 3.608

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.


Wafer Works  (ROCO:6182) 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.


Wafer Works Cyclically Adjusted PS Ratio Related Terms

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


Wafer Works (ROCO:6182) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

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