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Greatek Electronics (TPE:2441) Cyclically Adjusted PS Ratio : 2.30 (As of May. 22, 2024)


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What is Greatek Electronics Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Greatek Electronics's current share price is NT$62.40. Greatek Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$27.14. Greatek Electronics's Cyclically Adjusted PS Ratio for today is 2.30.

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

TPE:2441' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.34   Max: 4.37
Current: 2.31

During the past years, Greatek Electronics's highest Cyclically Adjusted PS Ratio was 4.37. The lowest was 1.77. And the median was 2.34.

TPE:2441's Cyclically Adjusted PS Ratio is ranked better than
50.22% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs TPE:2441: 2.31

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.

Greatek Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$6.075. 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$27.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greatek Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Greatek Electronics'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.

Greatek Electronics Cyclically Adjusted PS Ratio Chart

Greatek Electronics 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 2.44 2.76 3.35 1.88 2.30

Greatek Electronics 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 2.05 2.17 2.08 2.30 2.27

Competitive Comparison of Greatek Electronics's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Greatek Electronics'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.


Greatek Electronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Greatek Electronics 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.

Greatek Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.40/27.14
=2.30

* 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.

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

For example, Greatek Electronics'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)
=6.075/131.7762*131.7762
=6.075

Current CPI (Mar. 2024) = 131.7762.

Greatek Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.724 100.560 6.190
201409 4.813 100.428 6.315
201412 4.158 99.070 5.531
201503 4.029 99.621 5.329
201506 4.156 100.684 5.439
201509 3.963 100.392 5.202
201512 4.380 99.792 5.784
201603 4.293 100.470 5.631
201606 4.369 101.688 5.662
201609 4.770 101.861 6.171
201612 4.896 101.863 6.334
201703 4.801 102.862 6.151
201706 5.178 103.349 6.602
201709 5.431 104.136 6.873
201712 5.395 104.011 6.835
201803 5.309 105.290 6.645
201806 5.583 106.317 6.920
201809 5.672 106.507 7.018
201812 4.877 105.998 6.063
201903 4.426 107.251 5.438
201906 5.177 108.070 6.313
201909 5.771 108.329 7.020
201912 5.602 108.420 6.809
202003 5.697 108.902 6.894
202006 6.266 108.767 7.592
202009 6.587 109.815 7.904
202012 7.016 109.897 8.413
202103 7.345 111.754 8.661
202106 8.422 114.631 9.682
202109 9.254 115.734 10.537
202112 8.748 117.630 9.800
202203 8.178 121.301 8.884
202206 8.149 125.017 8.590
202209 6.099 125.227 6.418
202212 5.208 125.222 5.481
202303 5.250 127.348 5.433
202306 6.143 128.729 6.288
202309 6.143 129.860 6.234
202312 6.115 129.419 6.226
202403 6.075 131.776 6.075

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.


Greatek Electronics  (TPE:2441) 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.


Greatek Electronics Cyclically Adjusted PS Ratio Related Terms

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


Greatek Electronics (TPE:2441) Business Description

Traded in Other Exchanges
N/A
Address
No.136 Gongyi Road, Zhunan Town, Miaoli County, Miaoli, TWN
Greatek Electronics Inc is engaged in assembling, packaging, and testing semiconductors. The firm operates in two main segments: assembly services and testing services. Over half of revenue comes from the assembly services segment. The assembly services segment provides lead-frame bases for conductors, produces copper wires, and builds semiconductors through contract agreements. The testing services segment runs experiments and completes final tests of semiconductors. The majority of Greatek's revenue is made in Taiwan.

Greatek Electronics (TPE:2441) Headlines

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