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Promate Solutions (ROCO:6577) Cyclically Adjusted PS Ratio : 2.38 (As of Dec. 13, 2024)


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What is Promate Solutions Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Promate Solutions's current share price is NT$89.70. Promate Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$37.62. Promate Solutions's Cyclically Adjusted PS Ratio for today is 2.38.

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

ROCO:6577' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.3   Med: 2.4   Max: 2.5
Current: 2.5

During the past years, Promate Solutions's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 2.30. And the median was 2.40.

ROCO:6577's Cyclically Adjusted PS Ratio is ranked worse than
68.75% of 1616 companies
in the Hardware industry
Industry Median: 1.31 vs ROCO:6577: 2.50

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.

Promate Solutions's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$10.065. 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$37.62 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promate Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Promate Solutions'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.

Promate Solutions Cyclically Adjusted PS Ratio Chart

Promate Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Promate Solutions 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 - - - - 2.57

Competitive Comparison of Promate Solutions's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Promate Solutions'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.


Promate Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Promate Solutions 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.

Promate Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.70/37.62
=2.38

* 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.

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

For example, Promate Solutions'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)
=10.065/133.0289*133.0289
=10.065

Current CPI (Sep. 2024) = 133.0289.

Promate Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201506 0.000 100.684 0.000
201509 8.976 100.392 11.894
201512 7.192 99.792 9.587
201603 7.606 100.470 10.071
201606 8.686 101.688 11.363
201609 7.863 101.861 10.269
201612 7.452 101.863 9.732
201703 7.495 102.862 9.693
201706 5.893 103.349 7.585
201709 8.321 104.136 10.630
201712 8.586 104.011 10.981
201803 7.982 105.290 10.085
201806 6.188 106.317 7.743
201809 7.694 106.507 9.610
201812 8.776 105.998 11.014
201903 7.318 107.251 9.077
201906 7.006 108.070 8.624
201909 7.574 108.329 9.301
201912 8.504 108.420 10.434
202003 6.827 108.902 8.340
202006 7.435 108.767 9.093
202009 7.957 109.815 9.639
202012 6.449 109.897 7.806
202103 5.267 111.754 6.270
202106 5.111 114.631 5.931
202109 7.680 115.734 8.828
202112 10.196 117.630 11.531
202203 8.368 121.301 9.177
202206 6.252 125.017 6.653
202209 8.101 125.227 8.606
202212 7.818 125.222 8.305
202303 7.721 127.348 8.065
202306 11.534 128.729 11.919
202309 12.987 129.860 13.304
202312 8.518 129.419 8.756
202403 8.456 131.776 8.536
202406 9.434 132.554 9.468
202409 10.065 133.029 10.065

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.


Promate Solutions  (ROCO:6577) 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.


Promate Solutions Cyclically Adjusted PS Ratio Related Terms

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


Promate Solutions Business Description

Traded in Other Exchanges
N/A
Address
Huanshan Road, 1st Floor, No. 30, Section 1, Neihu District, Taipei, TWN, 11442
Promate Solutions Corp is engaged in the research and development and manufacture of medical touch screen displays, embedded control systems, special application and industrial displays, and research and development of application software and hardware.

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