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Ichia Technologies (TPE:2402) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 18, 2024)


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What is Ichia Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-18), Ichia Technologies's current share price is NT$35.00. Ichia Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$27.88. Ichia Technologies's Cyclically Adjusted PS Ratio for today is 1.26.

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

TPE:2402' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.62   Max: 1.68
Current: 1.25

During the past years, Ichia Technologies's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 0.36. And the median was 0.62.

TPE:2402's Cyclically Adjusted PS Ratio is ranked worse than
54.6% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:2402: 1.25

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.

Ichia Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$6.654. 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$27.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichia Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ichia Technologies'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.

Ichia Technologies Cyclically Adjusted PS Ratio Chart

Ichia Technologies 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 0.60 0.70 0.63 0.65 1.28

Ichia Technologies 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 0.94 1.16 1.42 1.28 1.26

Competitive Comparison of Ichia Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Ichia Technologies'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.


Ichia Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ichia Technologies 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.

Ichia Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.00/27.88
=1.26

* 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.

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

For example, Ichia Technologies'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)
=6.654/131.7762*131.7762
=6.654

Current CPI (Mar. 2024) = 131.7762.

Ichia Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.495 100.560 12.443
201409 7.961 100.428 10.446
201412 6.611 99.070 8.794
201503 5.666 99.621 7.495
201506 5.075 100.684 6.642
201509 5.764 100.392 7.566
201512 5.194 99.792 6.859
201603 4.315 100.470 5.660
201606 4.709 101.688 6.102
201609 5.193 101.861 6.718
201612 5.321 101.863 6.884
201703 4.799 102.862 6.148
201706 5.622 103.349 7.168
201709 6.667 104.136 8.437
201712 6.292 104.011 7.972
201803 5.187 105.290 6.492
201806 5.903 106.317 7.317
201809 6.239 106.507 7.719
201812 6.120 105.998 7.608
201903 4.592 107.251 5.642
201906 5.195 108.070 6.335
201909 5.427 108.329 6.602
201912 4.829 108.420 5.869
202003 3.661 108.902 4.430
202006 3.364 108.767 4.076
202009 5.035 109.815 6.042
202012 5.927 109.897 7.107
202103 5.407 111.754 6.376
202106 5.678 114.631 6.527
202109 5.386 115.734 6.133
202112 5.412 117.630 6.063
202203 5.878 121.301 6.386
202206 5.696 125.017 6.004
202209 7.038 125.227 7.406
202212 7.170 125.222 7.545
202303 6.451 127.348 6.675
202306 6.961 128.729 7.126
202309 7.829 129.860 7.945
202312 7.296 129.419 7.429
202403 6.654 131.776 6.654

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.


Ichia Technologies  (TPE:2402) 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.


Ichia Technologies Cyclically Adjusted PS Ratio Related Terms

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


Ichia Technologies (TPE:2402) Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Hwa-Ya 2nd Road, Hwa-Ya Technology Park, Gueishan District, Taoyuan, TWN
Ichia Technologies Inc manufactures and sells a range of components for electronics, appliances, and other industries, including silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards. The company also import and export products and provide agency, distribution, tender, and quotation services.

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