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Z-Com (ROCO:8176) Cyclically Adjusted PS Ratio : 0.96 (As of May. 27, 2024)


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What is Z-Com Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Z-Com's current share price is NT$14.00. Z-Com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$14.57. Z-Com's Cyclically Adjusted PS Ratio for today is 0.96.

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

ROCO:8176' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.52   Max: 1.15
Current: 0.96

During the past years, Z-Com's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.38. And the median was 0.52.

ROCO:8176's Cyclically Adjusted PS Ratio is ranked better than
53.25% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:8176: 0.96

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.

Z-Com's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.187. 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$14.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Z-Com Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Z-Com'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.

Z-Com Cyclically Adjusted PS Ratio Chart

Z-Com 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 - 0.53 0.49 0.60 0.97

Z-Com 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 0.74 0.75 0.74 0.97 0.95

Competitive Comparison of Z-Com's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Z-Com'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.


Z-Com's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Z-Com's Cyclically Adjusted PS Ratio falls into.



Z-Com 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.

Z-Com's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.00/14.57
=0.96

* 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.

Z-Com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Z-Com'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)
=1.187/131.7762*131.7762
=1.187

Current CPI (Mar. 2024) = 131.7762.

Z-Com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.233 100.560 5.547
201409 3.593 100.428 4.715
201412 3.542 99.070 4.711
201503 4.160 99.621 5.503
201506 3.088 100.684 4.042
201509 4.606 100.392 6.046
201512 5.579 99.792 7.367
201603 4.675 100.470 6.132
201606 4.345 101.688 5.631
201609 4.201 101.861 5.435
201612 3.793 101.863 4.907
201703 3.992 102.862 5.114
201706 3.877 103.349 4.943
201709 4.850 104.136 6.137
201712 5.899 104.011 7.474
201803 3.272 105.290 4.095
201806 3.301 106.317 4.091
201809 4.963 106.507 6.141
201812 3.741 105.998 4.651
201903 2.895 107.251 3.557
201906 3.107 108.070 3.789
201909 4.273 108.329 5.198
201912 5.193 108.420 6.312
202003 1.094 108.902 1.324
202006 1.517 108.767 1.838
202009 1.685 109.815 2.022
202012 1.680 109.897 2.014
202103 1.077 111.754 1.270
202106 1.157 114.631 1.330
202109 0.606 115.734 0.690
202112 0.925 117.630 1.036
202203 0.614 121.301 0.667
202206 1.035 125.017 1.091
202209 1.648 125.227 1.734
202212 1.408 125.222 1.482
202303 0.859 127.348 0.889
202306 1.589 128.729 1.627
202309 2.287 129.860 2.321
202312 1.611 129.419 1.640
202403 1.187 131.776 1.187

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.


Z-Com  (ROCO:8176) 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.


Z-Com Cyclically Adjusted PS Ratio Related Terms

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


Z-Com (ROCO:8176) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8, Xinan Road, 5th Floor, Hsinchu Science Park, Hsinchu, TWN, 300
Z-Com Inc is engaged in the research, development and design of software and hardware, manufacturing, sales and system integration for wireless communication systems. The company's products include Wireless LAN Controllers; Indoor Access Points; Outdoor Access Points; 4G LTE Cellular Gateway; Wi-Fi modules; and Accessories. The Group has only one reportable operating segment. Geographically, it operates in Taiwan, Mainland China, Germany and Others, out of which the majority is from Germany.

Z-Com (ROCO:8176) Headlines

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