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SUMCO (SUOPY) Cyclically Adjusted PS Ratio : 2.13 (As of May. 05, 2024)


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What is SUMCO Cyclically Adjusted PS Ratio?

As of today (2024-05-05), SUMCO's current share price is $31.645. SUMCO's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.89. SUMCO's Cyclically Adjusted PS Ratio for today is 2.13.

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

SUOPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.99   Max: 3.71
Current: 2.27

During the past years, SUMCO's highest Cyclically Adjusted PS Ratio was 3.71. The lowest was 1.16. And the median was 1.99.

SUOPY's Cyclically Adjusted PS Ratio is ranked better than
50.44% of 680 companies
in the Semiconductors industry
Industry Median: 2.28 vs SUOPY: 2.27

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.

SUMCO's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.174. 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 $14.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SUMCO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SUMCO'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.

SUMCO Cyclically Adjusted PS Ratio Chart

SUMCO 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 1.97 2.51 2.58 1.78 2.01

SUMCO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 1.78 1.98 1.99 1.88 2.01

Competitive Comparison of SUMCO's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, SUMCO'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.


SUMCO's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



SUMCO 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.

SUMCO's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.645/14.89
=2.13

* 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.

SUMCO's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SUMCO's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.174/106.8000*106.8000
=4.174

Current CPI (Dec. 2023) = 106.8000.

SUMCO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.250 95.700 3.627
201406 3.715 98.000 4.049
201409 3.552 98.500 3.851
201412 3.166 97.900 3.454
201503 3.529 97.900 3.850
201506 3.439 98.400 3.733
201509 3.341 98.500 3.623
201512 3.073 98.100 3.346
201603 3.127 97.900 3.411
201606 3.330 98.100 3.625
201609 3.497 98.000 3.811
201612 3.289 98.400 3.570
201703 3.635 98.100 3.957
201706 3.923 98.500 4.254
201709 4.088 98.800 4.419
201712 4.240 99.400 4.556
201803 4.970 99.200 5.351
201806 5.064 99.200 5.452
201809 5.076 99.900 5.427
201812 5.021 99.700 5.379
201903 5.038 99.700 5.397
201906 4.694 99.800 5.023
201909 4.567 100.100 4.873
201912 4.435 100.500 4.713
202003 4.585 100.300 4.882
202006 4.782 99.900 5.112
202009 4.658 99.900 4.980
202012 4.804 99.300 5.167
202103 4.803 99.900 5.135
202106 5.123 99.500 5.499
202109 5.424 100.100 5.787
202112 4.576 100.100 4.882
202203 4.838 101.100 5.111
202206 4.560 101.800 4.784
202209 4.634 103.100 4.800
202212 4.971 104.100 5.100
202303 4.698 104.400 4.806
202306 4.473 105.200 4.541
202309 3.871 106.200 3.893
202312 4.174 106.800 4.174

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.


SUMCO  (OTCPK:SUOPY) 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.


SUMCO Cyclically Adjusted PS Ratio Related Terms

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


SUMCO (SUOPY) Business Description

Industry
Traded in Other Exchanges
Address
1-2-1 Shibaura, Seavans North, Minato-ku, Tokyo, JPN, 105-8634
Founded in 1999 as a joint venture between Nippon Steel and two Mitsubishi entities, Sumco is the world's second-largest semiconductor-grade silicon wafer manufacturer, with 22% market share in 2022. Sumco is headquartered in Tokyo and operates seven production sites across Japan. It also maintains sales and support offices in Taiwan, the U.S., the U.K., Indonesia, and Singapore. Sumco sells to most semiconductor manufacturers like TSMC, Intel, Samsung and Micron. The firm employs over 9,000 people.

SUMCO (SUOPY) Headlines

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