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Lumax International (TPE:6192) Cyclically Adjusted PS Ratio : 1.83 (As of Jun. 18, 2024)


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What is Lumax International Cyclically Adjusted PS Ratio?

As of today (2024-06-18), Lumax International's current share price is NT$126.00. Lumax International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$69.02. Lumax International's Cyclically Adjusted PS Ratio for today is 1.83.

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

TPE:6192' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.25   Max: 1.82
Current: 1.82

During the past years, Lumax International's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.98. And the median was 1.25.

TPE:6192's Cyclically Adjusted PS Ratio is ranked worse than
66.77% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:6192: 1.82

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.

Lumax International's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$18.502. 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$69.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumax International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lumax International'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.

Lumax International Cyclically Adjusted PS Ratio Chart

Lumax International 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 1.48 1.27 1.31 1.04 1.32

Lumax International 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 1.13 1.14 1.24 1.32 1.45

Competitive Comparison of Lumax International's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Lumax International'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.


Lumax International's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Lumax International 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.

Lumax International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=126.00/69.02
=1.83

* 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.

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

For example, Lumax International'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)
=18.502/131.7762*131.7762
=18.502

Current CPI (Mar. 2024) = 131.7762.

Lumax International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.960 100.560 18.294
201409 13.507 100.428 17.723
201412 14.451 99.070 19.222
201503 11.660 99.621 15.424
201506 10.996 100.684 14.392
201509 12.237 100.392 16.063
201512 14.388 99.792 18.999
201603 10.896 100.470 14.291
201606 10.745 101.688 13.924
201609 10.990 101.861 14.218
201612 12.128 101.863 15.690
201703 10.525 102.862 13.484
201706 9.906 103.349 12.631
201709 10.817 104.136 13.688
201712 14.110 104.011 17.877
201803 13.220 105.290 16.546
201806 14.018 106.317 17.375
201809 15.664 106.507 19.380
201812 16.060 105.998 19.966
201903 15.126 107.251 18.585
201906 17.620 108.070 21.485
201909 17.221 108.329 20.948
201912 14.623 108.420 17.773
202003 14.182 108.902 17.161
202006 15.636 108.767 18.944
202009 15.944 109.815 19.133
202012 15.339 109.897 18.393
202103 15.073 111.754 17.773
202106 15.683 114.631 18.029
202109 14.827 115.734 16.882
202112 17.612 117.630 19.730
202203 14.841 121.301 16.123
202206 15.066 125.017 15.881
202209 16.219 125.227 17.067
202212 17.000 125.222 17.890
202303 15.575 127.348 16.117
202306 18.199 128.729 18.630
202309 17.403 129.860 17.660
202312 18.012 129.419 18.340
202403 18.502 131.776 18.502

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.


Lumax International  (TPE:6192) 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.


Lumax International Cyclically Adjusted PS Ratio Related Terms

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


Lumax International (TPE:6192) Business Description

Traded in Other Exchanges
N/A
Address
No 3-1 Yuanyuan Street, 12th Floor, Nangang District, Taipei, TWN, 11503
Lumax International Corp Ltd is engaged in the trading of electronic components and process control equipment, integration of process control systems, and providing related maintenance services.

Lumax International (TPE:6192) Headlines

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