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E&R Engineering (ROCO:8027) Cyclically Adjusted PS Ratio : 3.12 (As of May. 18, 2024)


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What is E&R Engineering Cyclically Adjusted PS Ratio?

As of today (2024-05-18), E&R Engineering's current share price is NT$94.90. E&R Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$30.40. E&R Engineering's Cyclically Adjusted PS Ratio for today is 3.12.

The historical rank and industry rank for E&R Engineering's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:8027' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.99   Max: 3.43
Current: 3.12

During the past years, E&R Engineering's highest Cyclically Adjusted PS Ratio was 3.43. The lowest was 1.39. And the median was 1.99.

ROCO:8027's Cyclically Adjusted PS Ratio is ranked worse than
75.15% of 2193 companies
in the Industrial Products industry
Industry Median: 1.44 vs ROCO:8027: 3.12

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.

E&R Engineering's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.044. 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$30.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E&R Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for E&R Engineering'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.

E&R Engineering Cyclically Adjusted PS Ratio Chart

E&R Engineering 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 - - - 1.60 2.15

E&R Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.69 1.83 2.27 2.15 3.08

Competitive Comparison of E&R Engineering's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, E&R Engineering'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.


E&R Engineering's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, E&R Engineering's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where E&R Engineering's Cyclically Adjusted PS Ratio falls into.



E&R Engineering 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.

E&R Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=94.90/30.4
=3.12

* 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.

E&R Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, E&R Engineering's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.044/131.7762*131.7762
=3.044

Current CPI (Mar. 2024) = 131.7762.

E&R Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.442 100.560 12.373
201409 15.599 100.428 20.468
201412 10.583 99.070 14.077
201503 8.425 99.621 11.144
201506 7.376 100.684 9.654
201509 6.453 100.392 8.470
201512 6.156 99.792 8.129
201603 4.453 100.470 5.841
201606 6.700 101.688 8.682
201609 8.886 101.861 11.496
201612 5.099 101.863 6.596
201703 5.549 102.862 7.109
201706 5.908 103.349 7.533
201709 5.216 104.136 6.600
201712 4.530 104.011 5.739
201803 6.396 105.290 8.005
201806 5.885 106.317 7.294
201809 4.520 106.507 5.592
201812 6.181 105.998 7.684
201903 3.918 107.251 4.814
201906 5.163 108.070 6.296
201909 4.363 108.329 5.307
201912 3.944 108.420 4.794
202003 4.057 108.902 4.909
202006 6.193 108.767 7.503
202009 6.176 109.815 7.411
202012 6.689 109.897 8.021
202103 7.193 111.754 8.482
202106 6.926 114.631 7.962
202109 6.318 115.734 7.194
202112 6.337 117.630 7.099
202203 8.694 121.301 9.445
202206 10.854 125.017 11.441
202209 6.256 125.227 6.583
202212 4.841 125.222 5.094
202303 4.286 127.348 4.435
202306 2.921 128.729 2.990
202309 4.075 129.860 4.135
202312 4.480 129.419 4.562
202403 3.044 131.776 3.044

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.


E&R Engineering  (ROCO:8027) 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.


E&R Engineering Cyclically Adjusted PS Ratio Related Terms

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


E&R Engineering (ROCO:8027) Business Description

Traded in Other Exchanges
N/A
Address
61, Hengsang Road, Yenchaou District, Kaohsiung, TWN, 824
E&R Engineering Corp is specialized in the design and manufacturing of high-end automation equipment and electronic materials for semiconductors, precision motherboards, high-end substrate materials, LEDs , passive components. Its products include Laser Application, Plasma, Dispenser, TCP. COF Machine, Singulation System, Pad Printer, UV laser, Embossed carrier tape.

E&R Engineering (ROCO:8027) Headlines

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