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Sintronic Technology (TPE:3536) Cyclically Adjusted PS Ratio : 0.27 (As of Jun. 10, 2024)


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What is Sintronic Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Sintronic Technology's current share price is NT$2.92. Sintronic Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was NT$10.87. Sintronic Technology's Cyclically Adjusted PS Ratio for today is 0.27.

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

TPE:3536's Cyclically Adjusted PS Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.08
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Sintronic Technology's adjusted revenue per share data for the three months ended in Mar. 2023 was NT$0.733. 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$10.87 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sintronic Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sintronic 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.

Sintronic Technology Cyclically Adjusted PS Ratio Chart

Sintronic Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.41 0.47 0.62 0.37

Sintronic Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.54 0.49 0.45 0.37 0.36

Competitive Comparison of Sintronic Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Sintronic 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.


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

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

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



Sintronic 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.92/10.87
=0.27

* 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.

Sintronic Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Sintronic Technology's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.733/127.3478*127.3478
=0.733

Current CPI (Mar. 2023) = 127.3478.

Sintronic Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 1.525 98.518 1.971
201309 1.548 98.790 1.995
201312 1.626 98.326 2.106
201403 2.853 99.695 3.644
201406 2.007 100.560 2.542
201409 2.379 100.428 3.017
201412 3.930 99.070 5.052
201503 2.912 99.621 3.722
201506 3.126 100.684 3.954
201509 3.263 100.392 4.139
201512 2.760 99.792 3.522
201603 2.387 100.470 3.026
201606 2.525 101.688 3.162
201609 2.668 101.861 3.336
201612 3.959 101.863 4.950
201703 2.470 102.862 3.058
201706 2.843 103.349 3.503
201709 3.443 104.136 4.210
201712 4.303 104.011 5.268
201803 2.956 105.290 3.575
201806 3.012 106.317 3.608
201809 2.400 106.507 2.870
201812 2.147 105.998 2.579
201903 2.234 107.251 2.653
201906 3.336 108.070 3.931
201909 3.315 108.329 3.897
201912 1.657 108.420 1.946
202003 0.914 108.902 1.069
202006 1.450 108.767 1.698
202009 1.230 109.815 1.426
202012 1.374 109.897 1.592
202103 1.399 111.754 1.594
202106 1.530 114.631 1.700
202109 1.444 115.734 1.589
202112 1.326 117.630 1.436
202203 1.035 121.301 1.087
202206 1.094 125.017 1.114
202209 1.163 125.227 1.183
202212 1.208 125.222 1.229
202303 0.733 127.348 0.733

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.


Sintronic Technology  (TPE:3536) 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.


Sintronic Technology Cyclically Adjusted PS Ratio Related Terms

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


Sintronic Technology (TPE:3536) Business Description

Traded in Other Exchanges
N/A
Address
10 th floor, Number 207. Tunhwa N Road, Songshan, Taipei, TWN
Sintronic Technology Inc operates in the electronic components industry. The products offered by the company include polycrystalline sapphire, electronic parts material, and cosmetic agent.

Sintronic Technology (TPE:3536) Headlines

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