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Emerging Display Technologies (TPE:3038) Cyclically Adjusted PS Ratio : 0.95 (As of Dec. 15, 2024)


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What is Emerging Display Technologies Cyclically Adjusted PS Ratio?

As of today (2024-12-15), Emerging Display Technologies's current share price is NT$26.00. Emerging Display Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$27.44. Emerging Display Technologies's Cyclically Adjusted PS Ratio for today is 0.95.

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

TPE:3038' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.91   Max: 1.59
Current: 0.95

During the past years, Emerging Display Technologies's highest Cyclically Adjusted PS Ratio was 1.59. The lowest was 0.63. And the median was 0.91.

TPE:3038's Cyclically Adjusted PS Ratio is ranked better than
57.98% of 1616 companies
in the Hardware industry
Industry Median: 1.315 vs TPE:3038: 0.95

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.

Emerging Display Technologies's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$5.876. 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$27.44 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerging Display Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies Cyclically Adjusted PS Ratio Chart

Emerging Display Technologies 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 0.87 0.93 0.85 0.81 1.13

Emerging Display Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.17 1.13 1.20 1.18 0.96

Competitive Comparison of Emerging Display Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Emerging Display Technologies'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.


Emerging Display Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Emerging Display Technologies 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.

Emerging Display Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.00/27.44
=0.95

* 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.

Emerging Display Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Emerging Display Technologies's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.876/133.0289*133.0289
=5.876

Current CPI (Sep. 2024) = 133.0289.

Emerging Display Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.661 99.070 4.916
201503 4.131 99.621 5.516
201506 4.254 100.684 5.621
201509 4.049 100.392 5.365
201512 3.862 99.792 5.148
201603 4.671 100.470 6.185
201606 4.357 101.688 5.700
201609 4.348 101.861 5.678
201612 3.833 101.863 5.006
201703 4.344 102.862 5.618
201706 4.503 103.349 5.796
201709 4.666 104.136 5.961
201712 4.669 104.011 5.972
201803 4.346 105.290 5.491
201806 4.187 106.317 5.239
201809 4.825 106.507 6.027
201812 4.570 105.998 5.735
201903 5.933 107.251 7.359
201906 6.817 108.070 8.391
201909 7.927 108.329 9.734
201912 6.837 108.420 8.389
202003 5.448 108.902 6.655
202006 7.152 108.767 8.747
202009 6.548 109.815 7.932
202012 5.985 109.897 7.245
202103 6.326 111.754 7.530
202106 6.967 114.631 8.085
202109 7.336 115.734 8.432
202112 7.365 117.630 8.329
202203 6.878 121.301 7.543
202206 8.072 125.017 8.589
202209 8.581 125.227 9.116
202212 7.931 125.222 8.425
202303 7.565 127.348 7.902
202306 8.132 128.729 8.404
202309 7.503 129.860 7.686
202312 6.199 129.419 6.372
202403 6.355 131.776 6.415
202406 6.266 132.554 6.288
202409 5.876 133.029 5.876

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.


Emerging Display Technologies  (TPE:3038) 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.


Emerging Display Technologies Cyclically Adjusted PS Ratio Related Terms

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


Emerging Display Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Central 1st Road, Qianzhen District, Kaohsiung, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.

Emerging Display Technologies Headlines

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