GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ali Corp (TPE:3041) » Definitions » Cyclically Adjusted PS Ratio

Ali (TPE:3041) Cyclically Adjusted PS Ratio : 1.18 (As of May. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Ali Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Ali's current share price is NT$21.10. Ali's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$17.82. Ali's Cyclically Adjusted PS Ratio for today is 1.18.

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

TPE:3041' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.2   Max: 2.07
Current: 1.18

During the past years, Ali's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.58. And the median was 1.20.

TPE:3041's Cyclically Adjusted PS Ratio is ranked better than
73.75% of 682 companies
in the Semiconductors industry
Industry Median: 2.305 vs TPE:3041: 1.18

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.

Ali's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.033. 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$17.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ali Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ali'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.

Ali Cyclically Adjusted PS Ratio Chart

Ali 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 0.85 1.58 2.06 1.05 1.72

Ali 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 1.11 1.00 0.94 1.72 1.33

Competitive Comparison of Ali's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Ali'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.


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

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

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



Ali 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.10/17.82
=1.18

* 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.

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

For example, Ali'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)
=2.033/131.7762*131.7762
=2.033

Current CPI (Mar. 2024) = 131.7762.

Ali Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.220 100.560 6.840
201409 7.426 100.428 9.744
201412 5.857 99.070 7.791
201503 4.754 99.621 6.288
201506 3.516 100.684 4.602
201509 5.303 100.392 6.961
201512 5.762 99.792 7.609
201603 5.229 100.470 6.858
201606 4.181 101.688 5.418
201609 4.185 101.861 5.414
201612 4.447 101.863 5.753
201703 4.033 102.862 5.167
201706 4.843 103.349 6.175
201709 4.596 104.136 5.816
201712 3.596 104.011 4.556
201803 2.937 105.290 3.676
201806 3.203 106.317 3.970
201809 3.568 106.507 4.415
201812 3.117 105.998 3.875
201903 2.953 107.251 3.628
201906 2.314 108.070 2.822
201909 2.593 108.329 3.154
201912 2.788 108.420 3.389
202003 2.627 108.902 3.179
202006 2.592 108.767 3.140
202009 2.715 109.815 3.258
202012 3.032 109.897 3.636
202103 3.002 111.754 3.540
202106 3.509 114.631 4.034
202109 3.728 115.734 4.245
202112 4.409 117.630 4.939
202203 3.681 121.301 3.999
202206 3.891 125.017 4.101
202209 2.839 125.227 2.987
202212 3.337 125.222 3.512
202303 2.032 127.348 2.103
202306 1.698 128.729 1.738
202309 1.463 129.860 1.485
202312 2.286 129.419 2.328
202403 2.033 131.776 2.033

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.


Ali  (TPE:3041) 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.


Ali Cyclically Adjusted PS Ratio Related Terms

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


Ali (TPE:3041) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5f, No. 246 Neihu Road, Sec. 1, Taipei, TWN, 114
Ali Corp operates in the semiconductor industry. The company is mainly engaged in in the research, development, design and sales of chipsets for communication, consumer and multimedia products and a range of application-specific integrated circuits. The majority of revenue is derived from the sale of goods. Geographically, it operates in Hong Kong, Mainland China, Korea, Taiwan, France, Singapore and Others, out of which the majority is from Hong Kong.

Ali (TPE:3041) Headlines

No Headlines