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Goldtek Technology Co (ROCO:6638) Cyclically Adjusted PS Ratio : 0.41 (As of Jun. 04, 2024)


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What is Goldtek Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Goldtek Technology Co's current share price is NT$71.90. Goldtek Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was NT$176.17. Goldtek Technology Co's Cyclically Adjusted PS Ratio for today is 0.41.

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

ROCO:6638' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.47
Current: 0.41

During the past 11 years, Goldtek Technology Co's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.32. And the median was 0.37.

ROCO:6638's Cyclically Adjusted PS Ratio is ranked better than
76.98% of 1920 companies
in the Hardware industry
Industry Median: 1.1 vs ROCO:6638: 0.41

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.

Goldtek Technology Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was NT$90.744. 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$176.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldtek Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goldtek Technology Co'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.

Goldtek Technology Co Cyclically Adjusted PS Ratio Chart

Goldtek Technology Co 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 - - - 0.40 0.35

Goldtek Technology Co Semi-Annual Data
Dec14 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 - - 0.40 - 0.35

Competitive Comparison of Goldtek Technology Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Goldtek Technology Co'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.


Goldtek Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Goldtek Technology Co 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.90/176.17
=0.41

* 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.

Goldtek Technology Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Goldtek Technology Co'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)
=90.744/129.4194*129.4194
=90.744

Current CPI (Dec23) = 129.4194.

Goldtek Technology Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 20.065 99.070 26.212
201512 81.285 99.792 105.417
201612 181.460 101.863 230.550
201712 194.535 104.011 242.057
201812 242.840 105.998 296.498
201912 254.126 108.420 303.346
202012 138.535 109.897 163.145
202112 147.216 117.630 161.971
202212 137.146 125.222 141.743
202312 90.744 129.419 90.744

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.


Goldtek Technology Co  (ROCO:6638) 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.


Goldtek Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Goldtek Technology Co (ROCO:6638) Business Description

Traded in Other Exchanges
N/A
Address
Jian 1st Road, 16th Floor, No.166, Zhonghe District, New Taipei City, TWN, 235
Goldtek Technology Co Ltd is engaged in customization and contract manufacturing for information and communication technology devices for various industries. Its services include software development, PCBA board level design, and turn-key solution which includes ID/ME design, hardware/software development, quality testing, manufacturing and EMC/Safety certification tests.

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