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PCL Technologies (TPE:4977) Cyclically Adjusted PS Ratio : 2.60 (As of Sep. 26, 2024)


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What is PCL Technologies Cyclically Adjusted PS Ratio?

As of today (2024-09-26), PCL Technologies's current share price is NT$105.50. PCL Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$40.63. PCL Technologies's Cyclically Adjusted PS Ratio for today is 2.60.

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

TPE:4977' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.02   Max: 2.94
Current: 2.69

During the past years, PCL Technologies's highest Cyclically Adjusted PS Ratio was 2.94. The lowest was 1.65. And the median was 2.02.

TPE:4977's Cyclically Adjusted PS Ratio is ranked worse than
75.15% of 1710 companies
in the Hardware industry
Industry Median: 1.15 vs TPE:4977: 2.69

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.

PCL Technologies's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$2.599. 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$40.63 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCL Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PCL 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.

PCL Technologies Cyclically Adjusted PS Ratio Chart

PCL 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 - - 2.24 2.39 1.89

PCL Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.12 1.99 1.89 1.78 2.07

Competitive Comparison of PCL Technologies's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, PCL 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.


PCL Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



PCL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=105.50/40.63
=2.60

* 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.

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

For example, PCL Technologies's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.599/132.5538*132.5538
=2.599

Current CPI (Jun. 2024) = 132.5538.

PCL Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.524 100.428 9.931
201412 7.941 99.070 10.625
201503 7.385 99.621 9.826
201506 5.970 100.684 7.860
201509 7.029 100.392 9.281
201512 8.070 99.792 10.719
201603 7.784 100.470 10.270
201606 7.849 101.688 10.231
201609 7.231 101.861 9.410
201612 9.544 101.863 12.420
201703 8.203 102.862 10.571
201706 7.562 103.349 9.699
201709 12.590 104.136 16.026
201712 8.652 104.011 11.026
201803 6.583 105.290 8.288
201806 8.116 106.317 10.119
201809 7.890 106.507 9.820
201812 8.176 105.998 10.224
201903 8.648 107.251 10.688
201906 10.239 108.070 12.559
201909 9.645 108.329 11.802
201912 10.815 108.420 13.222
202003 9.399 108.902 11.440
202006 11.739 108.767 14.306
202009 13.539 109.815 16.342
202012 12.856 109.897 15.506
202103 10.615 111.754 12.591
202106 10.295 114.631 11.905
202109 8.055 115.734 9.226
202112 7.286 117.630 8.210
202203 7.897 121.301 8.630
202206 10.014 125.017 10.618
202209 11.815 125.227 12.506
202212 12.926 125.222 13.683
202303 9.741 127.348 10.139
202306 6.573 128.729 6.768
202309 2.852 129.860 2.911
202312 2.534 129.419 2.595
202403 1.713 131.776 1.723
202406 2.599 132.554 2.599

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.


PCL Technologies  (TPE:4977) 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.


PCL Technologies Cyclically Adjusted PS Ratio Related Terms

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


PCL Technologies Business Description

Industry
Traded in Other Exchanges
N/A
Address
Harbour Place, 103 South Church Street, 4th Floor, P.O. Box 10240, Grand Cayman, CYM, KYI-1002
PCL Technologies Inc is engaged in the manufacture, research, and sale of optical components, electro-mechanical components, and modules serving data communications, telecom, cloud computing, and networking markets. The products are sold in Taiwan and internationally. It generates revenue from Singapore.

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