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Darwin Precisions (TPE:6120) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 25, 2024)


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What is Darwin Precisions Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Darwin Precisions's current share price is NT$15.80. Darwin Precisions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$46.21. Darwin Precisions's Cyclically Adjusted PS Ratio for today is 0.34.

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

TPE:6120' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 0.4
Current: 0.35

During the past years, Darwin Precisions's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.15. And the median was 0.27.

TPE:6120's Cyclically Adjusted PS Ratio is ranked better than
79.63% of 1924 companies
in the Hardware industry
Industry Median: 1.08 vs TPE:6120: 0.35

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.

Darwin Precisions's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$7.509. 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$46.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darwin Precisions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Darwin Precisions'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.

Darwin Precisions Cyclically Adjusted PS Ratio Chart

Darwin Precisions 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 0.29 0.28 0.32 0.18 0.29

Darwin Precisions 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 0.21 0.30 0.31 0.29 0.35

Competitive Comparison of Darwin Precisions's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Darwin Precisions'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.


Darwin Precisions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Darwin Precisions 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.

Darwin Precisions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.80/46.21
=0.34

* 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.

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

For example, Darwin Precisions'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)
=7.509/131.7762*131.7762
=7.509

Current CPI (Mar. 2024) = 131.7762.

Darwin Precisions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.644 100.560 24.432
201409 19.688 100.428 25.834
201412 27.832 99.070 37.020
201503 14.627 99.621 19.348
201506 12.397 100.684 16.225
201509 13.649 100.392 17.916
201512 14.211 99.792 18.766
201603 10.254 100.470 13.449
201606 11.827 101.688 15.326
201609 12.287 101.861 15.896
201612 12.335 101.863 15.957
201703 12.104 102.862 15.506
201706 9.459 103.349 12.061
201709 11.456 104.136 14.497
201712 9.096 104.011 11.524
201803 7.069 105.290 8.847
201806 8.289 106.317 10.274
201809 9.528 106.507 11.789
201812 7.637 105.998 9.494
201903 6.449 107.251 7.924
201906 6.230 108.070 7.597
201909 6.328 108.329 7.698
201912 4.698 108.420 5.710
202003 4.058 108.902 4.910
202006 4.949 108.767 5.996
202009 5.695 109.815 6.834
202012 6.769 109.897 8.117
202103 6.966 111.754 8.214
202106 7.219 114.631 8.299
202109 8.322 115.734 9.476
202112 8.281 117.630 9.277
202203 7.529 121.301 8.179
202206 5.475 125.017 5.771
202209 4.381 125.227 4.610
202212 4.351 125.222 4.579
202303 4.894 127.348 5.064
202306 7.085 128.729 7.253
202309 7.580 129.860 7.692
202312 7.079 129.419 7.208
202403 7.509 131.776 7.509

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.


Darwin Precisions  (TPE:6120) 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.


Darwin Precisions Cyclically Adjusted PS Ratio Related Terms

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


Darwin Precisions (TPE:6120) Business Description

Traded in Other Exchanges
N/A
Address
No.20-1, Guangfu North Road, Hukou Township, Hsinchu County, Hsinchu, TWN, 303036
Darwin Precisions Corp is a Taiwanese company engaged in the manufacturing, assembling, processing, and trading of backlight modules, computer peripherals, and communication equipment. The company's products users are manufacturers of liquid crystal display, or LCD, panels and scanners, among others. The company's geographical markets include Korea, Taiwan, China, Japan, and Other.

Darwin Precisions (TPE:6120) Headlines

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