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King Yuan Electronics Co (TPE:2449) Cyclically Adjusted PS Ratio : 3.58 (As of May. 17, 2024)


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What is King Yuan Electronics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), King Yuan Electronics Co's current share price is NT$86.80. King Yuan Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$24.22. King Yuan Electronics Co's Cyclically Adjusted PS Ratio for today is 3.58.

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

TPE:2449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.21   Max: 4.64
Current: 3.55

During the past years, King Yuan Electronics Co's highest Cyclically Adjusted PS Ratio was 4.64. The lowest was 1.41. And the median was 2.21.

TPE:2449's Cyclically Adjusted PS Ratio is ranked worse than
66.08% of 684 companies
in the Semiconductors industry
Industry Median: 2.335 vs TPE:2449: 3.55

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.

King Yuan Electronics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$6.690. 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$24.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Yuan Electronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for King Yuan Electronics Co'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.

King Yuan Electronics Co Cyclically Adjusted PS Ratio Chart

King Yuan Electronics Co 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 2.34 2.06 2.31 1.64 3.55

King Yuan Electronics Co 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 2.13 2.45 3.20 3.55 4.34

Competitive Comparison of King Yuan Electronics Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, King Yuan Electronics Co'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.


King Yuan Electronics Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



King Yuan Electronics Co 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.

King Yuan Electronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=86.80/24.22
=3.58

* 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.

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

For example, King Yuan Electronics Co'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)
=6.69/131.7762*131.7762
=6.690

Current CPI (Mar. 2024) = 131.7762.

King Yuan Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.428 100.560 4.492
201409 3.651 100.428 4.791
201412 3.518 99.070 4.679
201503 3.390 99.621 4.484
201506 3.580 100.684 4.686
201509 3.681 100.392 4.832
201512 3.631 99.792 4.795
201603 3.722 100.470 4.882
201606 4.360 101.688 5.650
201609 4.522 101.861 5.850
201612 4.210 101.863 5.446
201703 3.966 102.862 5.081
201706 3.951 103.349 5.038
201709 4.265 104.136 5.397
201712 3.955 104.011 5.011
201803 3.727 105.290 4.665
201806 4.062 106.317 5.035
201809 4.486 106.507 5.550
201812 4.595 105.998 5.712
201903 4.274 107.251 5.251
201906 4.935 108.070 6.018
201909 5.724 108.329 6.963
201912 5.768 108.420 7.011
202003 5.672 108.902 6.863
202006 6.202 108.767 7.514
202009 5.968 109.815 7.162
202012 5.618 109.897 6.736
202103 6.188 111.754 7.297
202106 6.148 114.631 7.068
202109 7.330 115.734 8.346
202112 7.656 117.630 8.577
202203 7.268 121.301 7.896
202206 8.035 125.017 8.469
202209 7.291 125.227 7.672
202212 7.088 125.222 7.459
202303 6.277 127.348 6.495
202306 6.669 128.729 6.827
202309 6.980 129.860 7.083
202312 6.886 129.419 7.011
202403 6.690 131.776 6.690

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.


King Yuan Electronics Co  (TPE:2449) 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.


King Yuan Electronics Co Cyclically Adjusted PS Ratio Related Terms

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


King Yuan Electronics Co (TPE:2449) Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Gongdao Road, Section 2, Hsinchu, TWN, 300
King Yuan Electronics Co Ltd, or KYEC, tests back-end integrated circuit packaging and the semiconductor industry worldwide. It has offices positioned in several regions for immediate packaging and testing of semiconductors for its client base. Testing services encompass wafer probing, final testing, and preassembly services. Alongside an array of testing platforms, KYEC provides a diverse cache of packages for different outlines, sensors, and radio frequencies. The company receives demand from manufacturers in markets such as mobile phones, wireless communication, graphics cards, and integrated circuits for consumer electronics.

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