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Inventec (TPE:2356) Cyclically Adjusted PS Ratio : 0.35 (As of May. 28, 2024)


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What is Inventec Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Inventec's current share price is NT$56.00. Inventec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$160.21. Inventec's Cyclically Adjusted PS Ratio for today is 0.35.

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

TPE:2356' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.18   Max: 0.44
Current: 0.34

During the past years, Inventec's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.15. And the median was 0.18.

TPE:2356's Cyclically Adjusted PS Ratio is ranked better than
80.24% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:2356: 0.34

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.

Inventec's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$36.289. 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$160.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inventec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inventec'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.

Inventec Cyclically Adjusted PS Ratio Chart

Inventec 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 0.17 0.18 0.17 0.17 0.33

Inventec 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 0.20 0.27 0.31 0.33 0.37

Competitive Comparison of Inventec's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Inventec'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.


Inventec's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Inventec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.00/160.21
=0.35

* 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.

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

For example, Inventec'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)
=36.289/131.7762*131.7762
=36.289

Current CPI (Mar. 2024) = 131.7762.

Inventec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.092 100.560 38.123
201409 28.252 100.428 37.071
201412 31.108 99.070 41.378
201503 24.730 99.621 32.712
201506 24.795 100.684 32.452
201509 29.297 100.392 38.456
201512 30.620 99.792 40.434
201603 26.433 100.470 34.669
201606 29.874 101.688 38.713
201609 31.286 101.861 40.474
201612 31.223 101.863 40.392
201703 27.681 102.862 35.462
201706 31.168 103.349 39.741
201709 34.642 104.136 43.837
201712 36.705 104.011 46.503
201803 29.045 105.290 36.352
201806 35.176 106.317 43.600
201809 39.489 106.507 48.858
201812 36.838 105.998 45.797
201903 31.798 107.251 39.069
201906 35.587 108.070 43.394
201909 36.292 108.329 44.147
201912 35.802 108.420 43.515
202003 24.511 108.902 29.660
202006 41.236 108.767 49.959
202009 40.646 109.815 48.775
202012 34.620 109.897 41.513
202103 30.938 111.754 36.481
202106 32.436 114.631 37.287
202109 40.412 115.734 46.013
202112 40.771 117.630 45.674
202203 35.665 121.301 38.745
202206 38.006 125.017 40.061
202209 39.904 125.227 41.991
202212 36.471 125.222 38.380
202303 33.338 127.348 34.497
202306 36.652 128.729 37.520
202309 37.711 129.860 38.268
202312 35.177 129.419 35.818
202403 36.289 131.776 36.289

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.


Inventec  (TPE:2356) 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.


Inventec Cyclically Adjusted PS Ratio Related Terms

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


Inventec (TPE:2356) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 66, Hougang Street, Shinlin District, Taipei, TWN, 111059
Inventec Corp is a Taiwan-based original design manufacturer of electronic products for use in consumer, commercial, and industrial applications. The company has two reportable segments: the core department and other departments. The company generates maximum revenue from the Core department segment, which manufactures and sells computer products. The other department segment develops and manufactures emerging environmental energy. Its products include notebook PCs, tablet PCs, desktop computers, computer peripherals, personal digital products, multimedia audio products, servers, switches, and data storage equipment. Its geographical segments are Taiwan; United States; Japan; Hong Kong, Macao, and Mainland China; and Other Countries.

Inventec (TPE:2356) Headlines

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