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Apex International Co (TPE:4927) Cyclically Adjusted PS Ratio : 0.48 (As of Jun. 22, 2024)


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What is Apex International Co Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Apex International Co's current share price is NT$38.00. Apex International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$78.75. Apex International Co's Cyclically Adjusted PS Ratio for today is 0.48.

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

TPE:4927' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.82   Max: 1.88
Current: 0.5

During the past years, Apex International Co's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.49. And the median was 0.82.

TPE:4927's Cyclically Adjusted PS Ratio is ranked better than
72.18% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:4927: 0.50

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.

Apex International Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$14.820. 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$78.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex International Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Apex International 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.

Apex International Co Cyclically Adjusted PS Ratio Chart

Apex International 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 0.72 1.05 1.84 0.70 0.65

Apex International 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 0.76 0.81 0.72 0.65 0.51

Competitive Comparison of Apex International Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Apex International 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.


Apex International Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Apex International 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.

Apex International Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.00/78.75
=0.48

* 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.

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

For example, Apex International 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)
=14.82/131.7762*131.7762
=14.820

Current CPI (Mar. 2024) = 131.7762.

Apex International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.220 100.560 21.255
201409 15.321 100.428 20.103
201412 12.852 99.070 17.095
201503 11.999 99.621 15.872
201506 15.032 100.684 19.674
201509 18.812 100.392 24.693
201512 14.599 99.792 19.278
201603 12.643 100.470 16.582
201606 14.886 101.688 19.291
201609 18.364 101.861 23.757
201612 14.431 101.863 18.669
201703 16.451 102.862 21.075
201706 17.447 103.349 22.246
201709 21.634 104.136 27.376
201712 18.192 104.011 23.048
201803 14.930 105.290 18.686
201806 13.823 106.317 17.133
201809 18.067 106.507 22.354
201812 17.933 105.998 22.294
201903 14.996 107.251 18.425
201906 12.998 108.070 15.849
201909 14.775 108.329 17.973
201912 11.997 108.420 14.581
202003 13.714 108.902 16.595
202006 15.745 108.767 19.076
202009 16.929 109.815 20.315
202012 15.910 109.897 19.078
202103 17.166 111.754 20.241
202106 18.345 114.631 21.089
202109 19.047 115.734 21.687
202112 23.358 117.630 26.167
202203 21.822 121.301 23.706
202206 20.898 125.017 22.028
202209 16.591 125.227 17.459
202212 18.905 125.222 19.895
202303 17.341 127.348 17.944
202306 16.613 128.729 17.006
202309 16.331 129.860 16.572
202312 16.243 129.419 16.539
202403 14.820 131.776 14.820

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.


Apex International Co  (TPE:4927) 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.


Apex International Co Cyclically Adjusted PS Ratio Related Terms

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


Apex International Co (TPE:4927) Business Description

Traded in Other Exchanges
N/A
Address
Sinsakhon Industrial Estate Village No. 1, 30/101,102 MOO 1, Samut Sakhon Province, Kokklam Sub-district, Mueang Samut Sakhon, THA, 74000
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs.

Apex International Co (TPE:4927) Headlines

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