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Nova Technology (ROCO:6613) Cyclically Adjusted PS Ratio : 1.62 (As of Jun. 04, 2025)


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What is Nova Technology Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Nova Technology's current share price is NT$164.00. Nova Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$101.02. Nova Technology's Cyclically Adjusted PS Ratio for today is 1.62.

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

ROCO:6613' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.67   Max: 1.87
Current: 1.65

During the past years, Nova Technology's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 1.55. And the median was 1.67.

ROCO:6613's Cyclically Adjusted PS Ratio is ranked better than
51.74% of 2045 companies
in the Industrial Products industry
Industry Median: 1.73 vs ROCO:6613: 1.65

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.

Nova Technology's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$27.515. 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$101.02 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nova 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.

Nova Technology Cyclically Adjusted PS Ratio Chart

Nova Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
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Nova Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 1.84

Competitive Comparison of Nova Technology's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nova 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.


Nova Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nova Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Nova 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.00/101.02
=1.62

* 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.

Nova Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nova Technology's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=27.515/134.9266*134.9266
=27.515

Current CPI (Mar. 2025) = 134.9266.

Nova Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201603 8.689 100.470 11.669
201606 12.591 101.688 16.707
201609 21.376 101.861 28.315
201612 6.970 101.863 9.232
201703 14.965 102.862 19.630
201706 9.453 103.349 12.341
201709 12.667 104.136 16.412
201712 18.887 104.011 24.501
201803 18.880 105.290 24.194
201806 23.485 106.317 29.805
201809 15.581 106.507 19.739
201812 13.392 105.998 17.047
201903 17.984 107.251 22.625
201906 14.896 108.070 18.598
201909 15.673 108.329 19.521
201912 16.108 108.420 20.046
202003 13.818 108.902 17.120
202006 16.698 108.767 20.714
202009 12.956 109.815 15.919
202012 13.267 109.897 16.289
202103 11.531 111.754 13.922
202106 24.178 114.631 28.459
202109 24.233 115.734 28.252
202112 31.834 117.630 36.515
202203 49.179 121.301 54.703
202206 27.295 125.017 29.459
202209 37.025 125.227 39.893
202212 35.354 125.222 38.094
202303 20.273 127.348 21.479
202306 32.314 128.729 33.870
202309 31.249 129.860 32.468
202312 32.936 129.419 34.338
202403 28.871 131.776 29.561
202406 30.610 132.554 31.158
202409 35.325 133.029 35.829
202412 38.006 133.157 38.511
202503 27.515 134.927 27.515

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.


Nova Technology  (ROCO:6613) 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.


Nova Technology Cyclically Adjusted PS Ratio Related Terms

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


Nova Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Jiafeng South Road, 10th Floor, Section 2, Hsinchu County, Zhubei, TWN, 302054
Nova Technology Corp is engaged in the import and export business, pipeline assembly, and maintenance engineering of various electronic, and computer parts and accessories, equipment, chemical material, and gas components. It derives a majority of its revenue from semiconductor products and geographically from China.

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