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Eastech Holding (TPE:5225) Cyclically Adjusted PS Ratio : 0.64 (As of Jun. 15, 2024)


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What is Eastech Holding Cyclically Adjusted PS Ratio?

As of today (2024-06-15), Eastech Holding's current share price is NT$109.50. Eastech Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$172.31. Eastech Holding's Cyclically Adjusted PS Ratio for today is 0.64.

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

TPE:5225' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.26   Max: 0.72
Current: 0.66

During the past years, Eastech Holding's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.13. And the median was 0.26.

TPE:5225's Cyclically Adjusted PS Ratio is ranked better than
65.33% of 1924 companies
in the Hardware industry
Industry Median: 1.08 vs TPE:5225: 0.66

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.

Eastech Holding's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$35.392. 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$172.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastech Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Cyclically Adjusted PS Ratio Chart

Eastech Holding 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 - - - 0.22 0.36

Eastech Holding 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 0.25 0.28 0.35 0.36 0.70

Competitive Comparison of Eastech Holding's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Eastech Holding 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.

Eastech Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=109.50/172.31
=0.64

* 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.

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

For example, Eastech Holding'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)
=35.392/131.7762*131.7762
=35.392

Current CPI (Mar. 2024) = 131.7762.

Eastech Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.406 100.560 30.672
201409 28.514 100.428 37.415
201412 24.132 99.070 32.099
201503 34.264 99.621 45.324
201506 30.125 100.684 39.428
201509 39.263 100.392 51.538
201512 31.193 99.792 41.190
201603 23.699 100.470 31.083
201606 19.687 101.688 25.512
201609 34.783 101.861 44.998
201612 28.693 101.863 37.119
201703 24.908 102.862 31.910
201706 28.305 103.349 36.091
201709 38.032 104.136 48.127
201712 35.210 104.011 44.609
201803 29.107 105.290 36.429
201806 34.618 106.317 42.908
201809 47.319 106.507 58.546
201812 38.480 105.998 47.838
201903 36.114 107.251 44.372
201906 40.425 108.070 49.293
201909 56.619 108.329 68.874
201912 36.277 108.420 44.092
202003 18.974 108.902 22.959
202006 31.051 108.767 37.620
202009 53.717 109.815 64.460
202012 43.137 109.897 51.725
202103 31.311 111.754 36.921
202106 41.181 114.631 47.340
202109 45.533 115.734 51.844
202112 36.453 117.630 40.837
202203 42.282 121.301 45.933
202206 54.514 125.017 57.461
202209 68.510 125.227 72.093
202212 42.502 125.222 44.727
202303 30.954 127.348 32.030
202306 33.365 128.729 34.155
202309 46.665 129.860 47.354
202312 30.258 129.419 30.809
202403 35.392 131.776 35.392

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.


Eastech Holding  (TPE:5225) 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.


Eastech Holding Cyclically Adjusted PS Ratio Related Terms

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


Eastech Holding (TPE:5225) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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