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Suntak Technology Co (SZSE:002815) Cyclically Adjusted PS Ratio : 1.65 (As of May. 14, 2024)


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What is Suntak Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Suntak Technology Co's current share price is ¥8.35. Suntak Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥5.05. Suntak Technology Co's Cyclically Adjusted PS Ratio for today is 1.65.

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

SZSE:002815' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.77   Max: 2.33
Current: 1.67

During the past years, Suntak Technology Co's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 1.40. And the median was 1.77.

SZSE:002815's Cyclically Adjusted PS Ratio is ranked worse than
63.95% of 1917 companies
in the Hardware industry
Industry Median: 1.06 vs SZSE:002815: 1.67

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.

Suntak Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.298. 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 ¥5.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suntak Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Suntak 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.

Suntak Technology Co Cyclically Adjusted PS Ratio Chart

Suntak 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 - - - - 1.90

Suntak Technology 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 - - 2.23 1.90 1.74

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

For the Electronic Components subindustry, Suntak 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.


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

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

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



Suntak 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.35/5.05
=1.65

* 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.

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

For example, Suntak Technology 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)
=1.298/114.6694*114.6694
=1.298

Current CPI (Mar. 2024) = 114.6694.

Suntak Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.629 100.500 0.718
201512 0.634 100.600 0.723
201603 0.677 102.200 0.760
201606 0.763 101.400 0.863
201609 0.837 102.400 0.937
201612 0.739 102.600 0.826
201703 0.836 103.200 0.929
201706 0.988 103.100 1.099
201709 0.994 104.100 1.095
201712 0.984 104.500 1.080
201803 1.069 105.300 1.164
201806 1.131 104.900 1.236
201809 1.168 106.600 1.256
201812 1.056 106.500 1.137
201903 1.089 107.700 1.159
201906 1.148 107.700 1.222
201909 1.085 109.800 1.133
201912 1.141 111.200 1.177
202003 1.055 112.300 1.077
202006 1.443 110.400 1.499
202009 1.274 111.700 1.308
202012 1.232 111.500 1.267
202103 1.472 112.662 1.498
202106 1.628 111.769 1.670
202109 2.007 112.215 2.051
202112 1.713 113.108 1.737
202203 1.699 114.335 1.704
202206 1.771 114.558 1.773
202209 1.653 115.339 1.643
202212 1.607 115.116 1.601
202303 1.636 115.116 1.630
202306 1.310 114.558 1.311
202309 1.307 115.339 1.299
202312 1.312 114.669 1.312
202403 1.298 114.669 1.298

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.


Suntak Technology Co  (SZSE:002815) 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.


Suntak Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Suntak Technology Co (SZSE:002815) Business Description

Traded in Other Exchanges
N/A
Address
No. 3009 Guangming Street, China Merchants Bureau, Unit 207, Building A, Building A3, Guangming Science and Technology Park, Guangming New District, Guangdong Province, Shenzhen, CHN, 518132
Suntak Technology Co Ltd is a printed circuit board service company. The company offers various products and services such as 4-layer rigid-flexible board, golden fingerboard, copper paste filling board, double-sided flex board, 32 layers multiplayer board, large panel lamination, multilayer rigid, 4 steps HDI board and others. These products are used in communication, industrial control, power electronics, medical instrument, security electronics, aerospace and other industries. Geographically the group operates through China.

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