GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Allied Circuit Co Ltd (ROCO:8155) » Definitions » Cyclically Adjusted PS Ratio

Allied Circuit Co (ROCO:8155) Cyclically Adjusted PS Ratio : 2.65 (As of May. 24, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Allied Circuit Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Allied Circuit Co's current share price is NT$154.00. Allied Circuit Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$58.02. Allied Circuit Co's Cyclically Adjusted PS Ratio for today is 2.65.

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

ROCO:8155' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.57   Max: 4.43
Current: 2.59

During the past years, Allied Circuit Co's highest Cyclically Adjusted PS Ratio was 4.43. The lowest was 1.57. And the median was 2.57.

ROCO:8155's Cyclically Adjusted PS Ratio is ranked worse than
76.07% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:8155: 2.59

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.

Allied Circuit Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$13.867. 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$58.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Circuit Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allied Circuit 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.

Allied Circuit Co Cyclically Adjusted PS Ratio Chart

Allied Circuit 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 - 2.72 3.39 1.89 2.72

Allied Circuit Co 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 2.40 2.47 2.66 2.72 2.42

Competitive Comparison of Allied Circuit Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Allied Circuit 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.


Allied Circuit Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Allied Circuit 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.

Allied Circuit Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=154.00/58.02
=2.65

* 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.

Allied Circuit Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allied Circuit Co'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)
=13.867/131.7762*131.7762
=13.867

Current CPI (Mar. 2024) = 131.7762.

Allied Circuit Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.037 100.560 14.463
201409 9.802 100.428 12.862
201412 9.152 99.070 12.173
201503 9.000 99.621 11.905
201506 7.204 100.684 9.429
201509 6.368 100.392 8.359
201512 7.284 99.792 9.619
201603 7.812 100.470 10.246
201606 8.843 101.688 11.460
201609 8.833 101.861 11.427
201612 9.294 101.863 12.023
201703 9.901 102.862 12.684
201706 10.753 103.349 13.711
201709 13.070 104.136 16.539
201712 14.296 104.011 18.112
201803 14.408 105.290 18.032
201806 15.292 106.317 18.954
201809 12.697 106.507 15.709
201812 9.214 105.998 11.455
201903 8.049 107.251 9.890
201906 9.403 108.070 11.466
201909 10.756 108.329 13.084
201912 12.066 108.420 14.665
202003 14.809 108.902 17.920
202006 16.589 108.767 20.098
202009 14.149 109.815 16.979
202012 12.593 109.897 15.100
202103 12.951 111.754 15.271
202106 13.870 114.631 15.944
202109 14.546 115.734 16.562
202112 16.771 117.630 18.788
202203 18.752 121.301 20.371
202206 17.933 125.017 18.903
202209 16.530 125.227 17.395
202212 15.409 125.222 16.216
202303 13.936 127.348 14.421
202306 13.255 128.729 13.569
202309 13.973 129.860 14.179
202312 16.023 129.419 16.315
202403 13.867 131.776 13.867

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.


Allied Circuit Co  (ROCO:8155) 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.


Allied Circuit Co Cyclically Adjusted PS Ratio Related Terms

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


Allied Circuit Co (ROCO:8155) Business Description

Traded in Other Exchanges
N/A
Address
No. 128, Gong 2nd Road, Wulin Village, Longtan Township, Taoyuan, TWN, 32559
Allied Circuit Co Ltd is a Taiwan based electronic components manufacturing company. It is engaged in wholesale and retail of electronic materials. It offers Rigid Type Multi-Layer PCB and High-Density Inverter.

Allied Circuit Co (ROCO:8155) Headlines

No Headlines