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Zinwell (TPE:2485) Cyclically Adjusted PS Ratio : 0.67 (As of Jun. 23, 2024)


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What is Zinwell Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Zinwell's current share price is NT$21.25. Zinwell's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$31.62. Zinwell's Cyclically Adjusted PS Ratio for today is 0.67.

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

TPE:2485' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.62   Max: 0.91
Current: 0.67

During the past years, Zinwell's highest Cyclically Adjusted PS Ratio was 0.91. The lowest was 0.38. And the median was 0.62.

TPE:2485's Cyclically Adjusted PS Ratio is ranked better than
65.21% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:2485: 0.67

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.

Zinwell's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.094. 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$31.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zinwell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zinwell'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.

Zinwell Cyclically Adjusted PS Ratio Chart

Zinwell 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 0.65 0.64 0.71 0.53 0.70

Zinwell 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 0.62 0.65 0.75 0.70 0.66

Competitive Comparison of Zinwell's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Zinwell'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.


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

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

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



Zinwell 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.25/31.62
=0.67

* 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.

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

For example, Zinwell'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)
=3.094/131.7762*131.7762
=3.094

Current CPI (Mar. 2024) = 131.7762.

Zinwell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.007 100.560 6.561
201409 6.062 100.428 7.954
201412 7.035 99.070 9.358
201503 7.180 99.621 9.498
201506 7.795 100.684 10.202
201509 8.840 100.392 11.604
201512 11.277 99.792 14.891
201603 12.976 100.470 17.019
201606 11.420 101.688 14.799
201609 9.335 101.861 12.077
201612 7.633 101.863 9.875
201703 6.678 102.862 8.555
201706 7.032 103.349 8.966
201709 6.857 104.136 8.677
201712 6.679 104.011 8.462
201803 5.116 105.290 6.403
201806 6.709 106.317 8.316
201809 6.181 106.507 7.647
201812 6.336 105.998 7.877
201903 5.641 107.251 6.931
201906 6.782 108.070 8.270
201909 7.462 108.329 9.077
201912 5.112 108.420 6.213
202003 4.579 108.902 5.541
202006 6.200 108.767 7.512
202009 7.506 109.815 9.007
202012 6.798 109.897 8.151
202103 4.418 111.754 5.210
202106 4.804 114.631 5.523
202109 5.547 115.734 6.316
202112 5.123 117.630 5.739
202203 4.383 121.301 4.762
202206 4.546 125.017 4.792
202209 5.807 125.227 6.111
202212 6.167 125.222 6.490
202303 4.731 127.348 4.896
202306 4.731 128.729 4.843
202309 4.831 129.860 4.902
202312 3.962 129.419 4.034
202403 3.094 131.776 3.094

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.


Zinwell  (TPE:2485) 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.


Zinwell Cyclically Adjusted PS Ratio Related Terms

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


Zinwell (TPE:2485) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7F, No. 512, Yuanshan Road, Zhonghe District, Taipei, TWN, 235
Zinwell Corp is a Taiwanese manufacturer of telecommunications equipment including digital cable, satellite, terrestrial receiving, broadcast and broadband communication, and wireless equipment. Its G.Fast products, including the Wi-Fi Broadband Router and Distribution Point Units, delivers reliable broadband connections on fiber installed close to customer premises. Its products are sold in Taiwan and countries across the world.

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