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Optimax Technology (TPE:3051) Cyclically Adjusted PS Ratio : 1.81 (As of Dec. 11, 2024)


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What is Optimax Technology Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Optimax Technology's current share price is NT$34.65. Optimax Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$19.17. Optimax Technology's Cyclically Adjusted PS Ratio for today is 1.81.

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

TPE:3051' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.9   Max: 2.06
Current: 1.7

During the past years, Optimax Technology's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.22. And the median was 0.90.

TPE:3051's Cyclically Adjusted PS Ratio is ranked worse than
57.49% of 1616 companies
in the Hardware industry
Industry Median: 1.31 vs TPE:3051: 1.70

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.

Optimax Technology's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$2.985. 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$19.17 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Optimax Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Optimax Technology'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.

Optimax Technology Cyclically Adjusted PS Ratio Chart

Optimax Technology 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 0.25 0.57 1.52 0.81 1.82

Optimax Technology 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 1.49 1.82 1.87 1.62 1.54

Competitive Comparison of Optimax Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Optimax Technology'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.


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

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

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



Optimax Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.65/19.17
=1.81

* 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.

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

For example, Optimax Technology'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)
=2.985/133.0289*133.0289
=2.985

Current CPI (Sep. 2024) = 133.0289.

Optimax Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.271 99.070 11.106
201503 5.924 99.621 7.911
201506 5.068 100.684 6.696
201509 5.189 100.392 6.876
201512 4.370 99.792 5.825
201603 4.577 100.470 6.060
201606 3.694 101.688 4.833
201609 3.532 101.861 4.613
201612 3.812 101.863 4.978
201703 3.188 102.862 4.123
201706 3.445 103.349 4.434
201709 3.401 104.136 4.345
201712 3.594 104.011 4.597
201803 3.260 105.290 4.119
201806 3.002 106.317 3.756
201809 5.067 106.507 6.329
201812 3.756 105.998 4.714
201903 3.393 107.251 4.209
201906 3.501 108.070 4.310
201909 4.099 108.329 5.034
201912 3.964 108.420 4.864
202003 3.203 108.902 3.913
202006 3.098 108.767 3.789
202009 3.891 109.815 4.714
202012 4.221 109.897 5.109
202103 4.425 111.754 5.267
202106 5.373 114.631 6.235
202109 4.603 115.734 5.291
202112 4.332 117.630 4.899
202203 4.552 121.301 4.992
202206 4.881 125.017 5.194
202209 4.251 125.227 4.516
202212 3.696 125.222 3.926
202303 2.830 127.348 2.956
202306 3.028 128.729 3.129
202309 3.167 129.860 3.244
202312 2.826 129.419 2.905
202403 2.255 131.776 2.276
202406 2.580 132.554 2.589
202409 2.985 133.029 2.985

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.


Optimax Technology  (TPE:3051) 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.


Optimax Technology Cyclically Adjusted PS Ratio Related Terms

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


Optimax Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 37, Lane 659, Ping-Dong Road, Pingzhen District, Taoyuan, TWN, 32465
Optimax Technology Corp operates in the electronic component industry. The company and its subsidiaries are engaged in the manufacturing and selling of polarizers. The company offers products for twisted nematics LCDs, super twisted nematic LCDs, and thin film transistor LCDs.

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