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Edimax Technology Co (TPE:3047) Cyclically Adjusted PS Ratio : 0.72 (As of May. 30, 2024)


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What is Edimax Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Edimax Technology Co's current share price is NT$25.05. Edimax Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$34.69. Edimax Technology Co's Cyclically Adjusted PS Ratio for today is 0.72.

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

TPE:3047' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.39   Max: 0.63
Current: 0.63

During the past years, Edimax Technology Co's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.17. And the median was 0.39.

TPE:3047's Cyclically Adjusted PS Ratio is ranked better than
67.03% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:3047: 0.63

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.

Edimax Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.443. 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$34.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edimax Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edimax Technology 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.

Edimax Technology Co Cyclically Adjusted PS Ratio Chart

Edimax Technology 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 0.32 0.39 0.41 0.43 0.46

Edimax Technology 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 0.48 0.45 0.40 0.46 0.44

Competitive Comparison of Edimax Technology Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Edimax Technology 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.


Edimax Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Edimax Technology 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.

Edimax Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.05/34.69
=0.72

* 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.

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

For example, Edimax Technology 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)
=4.443/131.7762*131.7762
=4.443

Current CPI (Mar. 2024) = 131.7762.

Edimax Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.222 100.560 10.774
201409 7.894 100.428 10.358
201412 6.251 99.070 8.315
201503 7.352 99.621 9.725
201506 6.871 100.684 8.993
201509 5.866 100.392 7.700
201512 5.881 99.792 7.766
201603 5.737 100.470 7.525
201606 6.423 101.688 8.323
201609 6.984 101.861 9.035
201612 6.824 101.863 8.828
201703 6.909 102.862 8.851
201706 8.093 103.349 10.319
201709 8.271 104.136 10.466
201712 7.956 104.011 10.080
201803 7.267 105.290 9.095
201806 11.696 106.317 14.497
201809 10.061 106.507 12.448
201812 9.678 105.998 12.032
201903 8.448 107.251 10.380
201906 7.164 108.070 8.736
201909 6.351 108.329 7.726
201912 7.895 108.420 9.596
202003 6.557 108.902 7.934
202006 8.593 108.767 10.411
202009 10.236 109.815 12.283
202012 8.478 109.897 10.166
202103 6.454 111.754 7.610
202106 6.875 114.631 7.903
202109 6.882 115.734 7.836
202112 7.335 117.630 8.217
202203 6.363 121.301 6.912
202206 6.980 125.017 7.357
202209 6.767 125.227 7.121
202212 6.150 125.222 6.472
202303 5.514 127.348 5.706
202306 4.873 128.729 4.988
202309 5.129 129.860 5.205
202312 4.675 129.419 4.760
202403 4.443 131.776 4.443

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.


Edimax Technology Co  (TPE:3047) 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.


Edimax Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Edimax Technology Co (TPE:3047) Business Description

Traded in Other Exchanges
N/A
Address
No. 278, Xinhu 1st Road, Neihu District, Taipei, TWN
Edimax Technology Co Ltd is engaged in designing, development, manufacture and marketing of a broad range of networking solutions. Its product line encompasses wireless solutions, Wireless Routers, Wi-Fi Range Extenders, Access Points, Wi-Fi Bridges, Wireless Adapters, Power Line, Home Automation, Network Cameras, Switches, ADSL Modem Routers, 3G Routers, Network Adapters, and network access controllers, among others.

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