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Game Hours (ROCO:6626) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 19, 2024)


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What is Game Hours Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Game Hours's current share price is NT$11.10. Game Hours's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was NT$49.30. Game Hours's Cyclically Adjusted PS Ratio for today is 0.23.

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

ROCO:6626' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.25   Max: 0.45
Current: 0.21

During the past 11 years, Game Hours's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.20. And the median was 0.25.

ROCO:6626's Cyclically Adjusted PS Ratio is ranked better than
91.45% of 304 companies
in the Interactive Media industry
Industry Median: 1.5 vs ROCO:6626: 0.21

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.

Game Hours's adjusted revenue per share data of for the fiscal year that ended in Dec23 was NT$13.293. 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$49.30 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Game Hours Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Game Hours'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.

Game Hours Cyclically Adjusted PS Ratio Chart

Game Hours 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 - - - 0.26 0.24

Game Hours Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 0.26 - 0.24

Competitive Comparison of Game Hours's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Game Hours'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.


Game Hours's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Game Hours's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Game Hours 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.

Game Hours's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.10/49.3
=0.23

* 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.

Game Hours's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Game Hours's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=13.293/129.4194*129.4194
=13.293

Current CPI (Dec23) = 129.4194.

Game Hours Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 17.606 99.070 23.000
201512 115.189 99.792 149.387
201612 55.536 101.863 70.560
201712 37.315 104.011 46.430
201812 67.009 105.998 81.815
201912 38.324 108.420 45.747
202012 22.549 109.897 26.555
202112 21.039 117.630 23.148
202212 12.685 125.222 13.110
202312 13.293 129.419 13.293

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.


Game Hours  (ROCO:6626) 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.


Game Hours Cyclically Adjusted PS Ratio Related Terms

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


Game Hours (ROCO:6626) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 189 Yanping South Road, Zhongzheng District, Taipei, TWN, 100
Game Hours Inc, formerly WeGames Corp is a Taiwan based company involved in the development of mobile games. It specializes in the card, arpg, social, and growing games. Some of the games offered by the company include Time to kill, RO. Eternal Love, Ragnarok Web, Game of Power and Academy of War.

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