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Shuttle (TPE:2405) Cyclically Adjusted PS Ratio : 1.65 (As of Jun. 20, 2024)


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What is Shuttle Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Shuttle's current share price is NT$20.45. Shuttle's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$12.38. Shuttle's Cyclically Adjusted PS Ratio for today is 1.65.

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

TPE:2405' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.62   Max: 1.68
Current: 1.67

During the past years, Shuttle's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 0.27. And the median was 0.62.

TPE:2405's Cyclically Adjusted PS Ratio is ranked worse than
64.17% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:2405: 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.

Shuttle's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.289. 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$12.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shuttle Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shuttle'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.

Shuttle Cyclically Adjusted PS Ratio Chart

Shuttle 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 0.50 0.58 0.95 0.64 1.42

Shuttle 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 0.71 0.92 1.13 1.42 1.54

Competitive Comparison of Shuttle's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Shuttle'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.


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

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

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



Shuttle 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.45/12.38
=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.

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

For example, Shuttle'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)
=1.289/131.7762*131.7762
=1.289

Current CPI (Mar. 2024) = 131.7762.

Shuttle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.367 100.560 7.033
201409 4.309 100.428 5.654
201412 3.652 99.070 4.858
201503 3.446 99.621 4.558
201506 3.577 100.684 4.682
201509 4.366 100.392 5.731
201512 3.402 99.792 4.492
201603 2.614 100.470 3.429
201606 3.161 101.688 4.096
201609 4.055 101.861 5.246
201612 2.356 101.863 3.048
201703 2.911 102.862 3.729
201706 4.388 103.349 5.595
201709 4.012 104.136 5.077
201712 3.403 104.011 4.311
201803 3.407 105.290 4.264
201806 3.788 106.317 4.695
201809 3.173 106.507 3.926
201812 2.318 105.998 2.882
201903 2.323 107.251 2.854
201906 2.298 108.070 2.802
201909 2.516 108.329 3.061
201912 2.077 108.420 2.524
202003 1.428 108.902 1.728
202006 1.226 108.767 1.485
202009 1.412 109.815 1.694
202012 1.387 109.897 1.663
202103 1.160 111.754 1.368
202106 1.782 114.631 2.049
202109 1.511 115.734 1.720
202112 1.521 117.630 1.704
202203 1.226 121.301 1.332
202206 1.444 125.017 1.522
202209 1.186 125.227 1.248
202212 1.173 125.222 1.234
202303 1.232 127.348 1.275
202306 1.281 128.729 1.311
202309 1.356 129.860 1.376
202312 1.266 129.419 1.289
202403 1.289 131.776 1.289

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.


Shuttle  (TPE:2405) 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.


Shuttle Cyclically Adjusted PS Ratio Related Terms

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


Shuttle (TPE:2405) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 30, Lane 76, Rei-Kuang Road, Taipei, TWN
Shuttle Inc operates in the Information technology sector. The Company is engaged in manufacturing and selling laptops, barebones, mainboards, and other computer peripherals, as well as providing related technical services.

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