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Fullerton Technology Co (TPE:6136) Cyclically Adjusted PS Ratio : 3.33 (As of May. 22, 2024)


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What is Fullerton Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Fullerton Technology Co's current share price is NT$23.10. Fullerton Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$6.94. Fullerton Technology Co's Cyclically Adjusted PS Ratio for today is 3.33.

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

TPE:6136' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.99   Med: 2.56   Max: 3.57
Current: 3.28

During the past years, Fullerton Technology Co's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 1.99. And the median was 2.56.

TPE:6136's Cyclically Adjusted PS Ratio is ranked worse than
87.27% of 707 companies
in the Media - Diversified industry
Industry Median: 0.9 vs TPE:6136: 3.28

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.

Fullerton Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.069. 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$6.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fullerton Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fullerton Technology 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.

Fullerton Technology Co Cyclically Adjusted PS Ratio Chart

Fullerton Technology 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 2.65 2.42 2.73 2.55 3.24

Fullerton Technology 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 2.66 2.80 2.66 3.24 3.38

Competitive Comparison of Fullerton Technology Co's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Fullerton Technology 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.


Fullerton Technology Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fullerton Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fullerton Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.10/6.94
=3.33

* 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.

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

For example, Fullerton Technology 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)
=1.069/131.7762*131.7762
=1.069

Current CPI (Mar. 2024) = 131.7762.

Fullerton Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.457 100.560 1.909
201409 1.484 100.428 1.947
201412 1.527 99.070 2.031
201503 1.456 99.621 1.926
201506 1.615 100.684 2.114
201509 1.769 100.392 2.322
201512 1.778 99.792 2.348
201603 1.715 100.470 2.249
201606 1.664 101.688 2.156
201609 1.525 101.861 1.973
201612 1.511 101.863 1.955
201703 1.625 102.862 2.082
201706 1.409 103.349 1.797
201709 1.557 104.136 1.970
201712 1.434 104.011 1.817
201803 1.466 105.290 1.835
201806 1.167 106.317 1.446
201809 1.009 106.507 1.248
201812 1.872 105.998 2.327
201903 1.925 107.251 2.365
201906 1.981 108.070 2.416
201909 1.541 108.329 1.875
201912 1.923 108.420 2.337
202003 1.546 108.902 1.871
202006 1.379 108.767 1.671
202009 1.449 109.815 1.739
202012 1.359 109.897 1.630
202103 1.327 111.754 1.565
202106 1.292 114.631 1.485
202109 1.339 115.734 1.525
202112 1.211 117.630 1.357
202203 1.040 121.301 1.130
202206 1.081 125.017 1.139
202209 1.010 125.227 1.063
202212 1.188 125.222 1.250
202303 1.073 127.348 1.110
202306 1.129 128.729 1.156
202309 1.104 129.860 1.120
202312 1.071 129.419 1.091
202403 1.069 131.776 1.069

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.


Fullerton Technology Co  (TPE:6136) 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.


Fullerton Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Fullerton Technology Co (TPE:6136) Business Description

Traded in Other Exchanges
N/A
Address
No.6-3, Baoqiang Road, 5th Floor, Xindian District, Taipei, TWN, 23144
Fullerton Technology Co Ltd is engaged in communications product development, marketing, and integration services. It distributes and provides digital entertainment services, online games and web games, value-added services, and Internet marketing services. It also offers movie booking and online e-ticketing services.

Fullerton Technology Co (TPE:6136) Headlines

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