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Desiccant Technology (TPE:5292) Cyclically Adjusted PS Ratio : 2.67 (As of Jun. 03, 2025)


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What is Desiccant Technology Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Desiccant Technology's current share price is NT$148.00. Desiccant Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was NT$55.43. Desiccant Technology's Cyclically Adjusted PS Ratio for today is 2.67.

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

TPE:5292' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 2.84   Max: 2.92
Current: 2.69

During the past 10 years, Desiccant Technology's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 2.69. And the median was 2.84.

TPE:5292's Cyclically Adjusted PS Ratio is ranked worse than
64.71% of 2046 companies
in the Industrial Products industry
Industry Median: 1.73 vs TPE:5292: 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.

Desiccant Technology's adjusted revenue per share data of for the fiscal year that ended in Dec24 was NT$58.363. 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$55.43 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Desiccant Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Desiccant 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.

Desiccant Technology Cyclically Adjusted PS Ratio Chart

Desiccant Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.80

Desiccant Technology Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 2.80 -

Competitive Comparison of Desiccant Technology's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Desiccant 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.


Desiccant Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Desiccant Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Desiccant 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.00/55.43
=2.67

* 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.

Desiccant Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Desiccant Technology's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=58.363/133.1571*133.1571
=58.363

Current CPI (Dec24) = 133.1571.

Desiccant Technology Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 99.792 0.000
201612 45.975 101.863 60.100
201712 48.298 104.011 61.832
201812 45.632 105.998 57.324
201912 35.900 108.420 44.091
202012 33.880 109.897 41.051
202112 45.184 117.630 51.148
202212 59.187 125.222 62.938
202312 60.259 129.419 61.999
202412 58.363 133.157 58.363

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.


Desiccant Technology  (TPE:5292) 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.


Desiccant Technology Cyclically Adjusted PS Ratio Related Terms

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


Desiccant Technology Business Description

Traded in Other Exchanges
N/A
Address
No.88, Zhongshan Road, 17th floor, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp is a manufacturer of Volatile Organic Compounds equipment and industry dehumidifiers. It also provides engineering services with VOC equipment maintenance. Its products include VOCs exhaust abatement systems, Rotary regenerative thermal oxidizers, Catalytic thermal oxidizers, and Waste liquid/wastewater thermal oxidizer systems. The Group operates in two principal geographical areas which are Taiwan and China.

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