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Gigastorage (TPE:2406) Cyclically Adjusted PS Ratio : 0.38 (As of Jun. 21, 2024)


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What is Gigastorage Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Gigastorage's current share price is NT$22.20. Gigastorage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$58.06. Gigastorage's Cyclically Adjusted PS Ratio for today is 0.38.

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

TPE:2406' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.3   Max: 0.59
Current: 0.38

During the past years, Gigastorage's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.14. And the median was 0.30.

TPE:2406's Cyclically Adjusted PS Ratio is ranked better than
89.84% of 679 companies
in the Semiconductors industry
Industry Median: 2.29 vs TPE:2406: 0.38

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.

Gigastorage's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.674. 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$58.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gigastorage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gigastorage'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.

Gigastorage Cyclically Adjusted PS Ratio Chart

Gigastorage 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 0.22 0.38 0.57 0.30 0.28

Gigastorage 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 0.33 0.30 0.25 0.28 0.33

Competitive Comparison of Gigastorage's Cyclically Adjusted PS Ratio

For the Solar subindustry, Gigastorage'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.


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

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

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



Gigastorage 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.20/58.06
=0.38

* 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.

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

For example, Gigastorage'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)
=4.674/131.7762*131.7762
=4.674

Current CPI (Mar. 2024) = 131.7762.

Gigastorage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.974 100.560 24.864
201409 15.316 100.428 20.097
201412 18.349 99.070 24.407
201503 18.300 99.621 24.207
201506 21.403 100.684 28.012
201509 24.593 100.392 32.281
201512 29.634 99.792 39.132
201603 25.315 100.470 33.203
201606 23.220 101.688 30.090
201609 16.200 101.861 20.958
201612 15.023 101.863 19.435
201703 13.908 102.862 17.817
201706 12.808 103.349 16.331
201709 15.612 104.136 19.756
201712 16.688 104.011 21.143
201803 12.922 105.290 16.173
201806 12.580 106.317 15.592
201809 9.951 106.507 12.312
201812 8.458 105.998 10.515
201903 8.246 107.251 10.132
201906 10.584 108.070 12.906
201909 8.512 108.329 10.354
201912 7.976 108.420 9.694
202003 7.217 108.902 8.733
202006 9.462 108.767 11.464
202009 9.732 109.815 11.678
202012 8.470 109.897 10.156
202103 7.745 111.754 9.133
202106 6.953 114.631 7.993
202109 6.417 115.734 7.306
202112 7.419 117.630 8.311
202203 5.639 121.301 6.126
202206 4.948 125.017 5.216
202209 4.494 125.227 4.729
202212 4.094 125.222 4.308
202303 3.130 127.348 3.239
202306 2.235 128.729 2.288
202309 2.235 129.860 2.268
202312 3.530 129.419 3.594
202403 4.674 131.776 4.674

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.


Gigastorage  (TPE:2406) 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.


Gigastorage Cyclically Adjusted PS Ratio Related Terms

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


Gigastorage (TPE:2406) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Industrial kung yen1st Road, Hsinchu industrial park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is a Taiwan-based manufacturer of optoelectronic materials and silicon products. Its products include photovoltaic multi-crystalline wafers, photovoltaic ribbons, low temperature die attach pastes, insulation pastes, blood glucose strip conductive pastes and other biotech materials, photovoltaic systems, solar power stations, high efficiency coated milling cutters, and coated drills. A majority of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from countries across the world.

Gigastorage (TPE:2406) Headlines

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