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Medeon Biodesign (ROCO:6499) Cyclically Adjusted PS Ratio : 11.08 (As of Sep. 22, 2024)


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What is Medeon Biodesign Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Medeon Biodesign's current share price is NT$44.30. Medeon Biodesign's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$4.00. Medeon Biodesign's Cyclically Adjusted PS Ratio for today is 11.08.

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

ROCO:6499' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.9   Med: 11.32   Max: 12.88
Current: 11.06

During the past years, Medeon Biodesign's highest Cyclically Adjusted PS Ratio was 12.88. The lowest was 9.90. And the median was 11.32.

ROCO:6499's Cyclically Adjusted PS Ratio is ranked worse than
90.07% of 453 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs ROCO:6499: 11.06

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.

Medeon Biodesign's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$0.691. 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$4.00 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medeon Biodesign Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medeon Biodesign'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.

Medeon Biodesign Cyclically Adjusted PS Ratio Chart

Medeon Biodesign Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Medeon Biodesign Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 12.86 10.75 12.74

Competitive Comparison of Medeon Biodesign's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Medeon Biodesign'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.


Medeon Biodesign's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medeon Biodesign's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Medeon Biodesign 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.

Medeon Biodesign's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.30/4
=11.08

* 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.

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

For example, Medeon Biodesign'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)
=0.691/132.5538*132.5538
=0.691

Current CPI (Jun. 2024) = 132.5538.

Medeon Biodesign Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.374 101.863 0.487
201703 0.467 102.862 0.602
201706 0.691 103.349 0.886
201709 0.347 104.136 0.442
201712 0.594 104.011 0.757
201803 5.846 105.290 7.360
201806 0.698 106.317 0.870
201809 0.801 106.507 0.997
201812 1.003 105.998 1.254
201903 1.061 107.251 1.311
201906 1.211 108.070 1.485
201909 1.359 108.329 1.663
201912 1.323 108.420 1.617
202003 1.487 108.902 1.810
202006 0.155 108.767 0.189
202009 0.098 109.815 0.118
202012 0.908 109.897 1.095
202103 0.119 111.754 0.141
202106 0.419 114.631 0.485
202109 0.107 115.734 0.123
202112 0.107 117.630 0.121
202203 2.058 121.301 2.249
202206 0.319 125.017 0.338
202209 0.453 125.227 0.480
202212 0.351 125.222 0.372
202303 0.471 127.348 0.490
202306 0.562 128.729 0.579
202309 0.498 129.860 0.508
202403 0.512 131.776 0.515
202406 0.691 132.554 0.691

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.


Medeon Biodesign  (ROCO:6499) 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.


Medeon Biodesign Cyclically Adjusted PS Ratio Related Terms

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


Medeon Biodesign Business Description

Traded in Other Exchanges
N/A
Address
No. 116, HouGang Street, 7th Floor, Shilin District, Taipei, TWN, 11170
Medeon Biodesign Inc develops medical device products. The main services of the Group are the research and development of medical devices, manufacturing, and sale of injection molding and components of medical devices. The company provides products in the fields of cardiovascular and laparoscopic. Its business includes Medical Device Development Department and Medical Device Components Manufacturing and Sales Department. The majority of the company revenue comes from Medical Device Components Manufacturing and Sales Department segment. The company revenue is mainly derived from the USA.

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