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Alchip Technologies (TPE:3661) Cyclically Adjusted PS Ratio : 19.30 (As of May. 15, 2024)


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What is Alchip Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Alchip Technologies's current share price is NT$2855.00. Alchip Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$147.91. Alchip Technologies's Cyclically Adjusted PS Ratio for today is 19.30.

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

TPE:3661' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.25   Med: 11.2   Max: 31.68
Current: 18.32

During the past years, Alchip Technologies's highest Cyclically Adjusted PS Ratio was 31.68. The lowest was 5.25. And the median was 11.20.

TPE:3661's Cyclically Adjusted PS Ratio is ranked worse than
95.03% of 684 companies
in the Semiconductors industry
Industry Median: 2.29 vs TPE:3661: 18.32

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.

Alchip Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$129.131. 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$147.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alchip Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alchip 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.

Alchip Technologies Cyclically Adjusted PS Ratio Chart

Alchip 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 - - 11.98 7.87 23.91

Alchip Technologies 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 11.47 15.17 21.11 23.91 22.72

Competitive Comparison of Alchip Technologies's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Alchip 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.


Alchip Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Alchip 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2855.00/147.91
=19.30

* 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.

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

For example, Alchip Technologies'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)
=129.131/129.4194*129.4194
=129.131

Current CPI (Mar. 2024) = 129.4194.

Alchip Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.065 100.560 30.971
201409 23.165 100.428 29.852
201412 19.077 99.070 24.921
201503 11.037 99.621 14.338
201506 13.719 100.684 17.634
201509 21.252 100.392 27.397
201512 14.283 99.792 18.523
201603 15.364 100.470 19.791
201606 13.230 101.688 16.838
201609 14.919 101.861 18.955
201612 16.793 101.863 21.336
201703 12.569 102.862 15.814
201706 18.928 103.349 23.703
201709 25.650 104.136 31.878
201712 11.149 104.011 13.873
201803 12.657 105.290 15.558
201806 15.128 106.317 18.415
201809 13.556 106.507 16.472
201812 12.800 105.998 15.628
201903 18.067 107.251 21.801
201906 14.054 108.070 16.830
201909 14.578 108.329 17.416
201912 21.817 108.420 26.043
202003 24.281 108.902 28.856
202006 25.801 108.767 30.700
202009 30.115 109.815 35.491
202012 28.653 109.897 33.743
202103 35.601 111.754 41.228
202106 36.942 114.631 41.708
202109 34.399 115.734 38.467
202112 33.013 117.630 36.322
202203 35.071 121.301 37.418
202206 40.028 125.017 41.438
202209 47.560 125.227 49.152
202212 61.269 125.222 63.323
202303 76.108 127.348 77.346
202306 104.650 128.729 105.212
202309 98.257 129.860 97.924
202312 117.681 129.419 117.681
202403 129.131 129.419 129.131

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.


Alchip Technologies  (TPE:3661) 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.


Alchip Technologies Cyclically Adjusted PS Ratio Related Terms

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


Alchip Technologies (TPE:3661) Business Description

Traded in Other Exchanges
N/A
Address
Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.

Alchip Technologies (TPE:3661) Headlines

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