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Powertech Technology (TPE:6239) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 16, 2024)


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What is Powertech Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Powertech Technology's current share price is NT$190.50. Powertech Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$99.35. Powertech Technology's Cyclically Adjusted PS Ratio for today is 1.92.

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

TPE:6239' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.25   Max: 2.08
Current: 1.92

During the past years, Powertech Technology's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.79. And the median was 1.25.

TPE:6239's Cyclically Adjusted PS Ratio is ranked better than
58.24% of 680 companies
in the Semiconductors industry
Industry Median: 2.3 vs TPE:6239: 1.92

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.

Powertech Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$24.429. 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$99.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powertech Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Powertech 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.

Powertech Technology Cyclically Adjusted PS Ratio Chart

Powertech Technology 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 1.52 1.34 1.21 0.87 1.46

Powertech Technology 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 0.98 1.11 1.06 1.46 2.02

Competitive Comparison of Powertech Technology's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Powertech 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.


Powertech Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Powertech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=190.50/99.35
=1.92

* 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.

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

For example, Powertech Technology'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)
=24.429/131.7762*131.7762
=24.429

Current CPI (Mar. 2024) = 131.7762.

Powertech Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.777 100.560 18.054
201409 13.641 100.428 17.899
201412 12.669 99.070 16.851
201503 12.203 99.621 16.142
201506 13.155 100.684 17.217
201509 13.840 100.392 18.167
201512 15.497 99.792 20.464
201603 13.562 100.470 17.788
201606 14.537 101.688 18.838
201609 16.327 101.861 21.122
201612 17.374 101.863 22.476
201703 16.187 102.862 20.737
201706 17.875 103.349 22.792
201709 20.855 104.136 26.391
201712 21.269 104.011 26.947
201803 20.351 105.290 25.471
201806 22.052 106.317 27.333
201809 23.431 106.507 28.990
201812 21.091 105.998 26.220
201903 18.437 107.251 22.653
201906 19.411 108.070 23.669
201909 22.685 108.329 27.595
201912 24.642 108.420 29.950
202003 24.112 108.902 29.177
202006 25.009 108.767 30.299
202009 24.285 109.815 29.142
202012 24.382 109.897 29.236
202103 23.700 111.754 27.946
202106 26.716 114.631 30.712
202109 28.819 115.734 32.814
202112 28.745 117.630 32.202
202203 27.509 121.301 29.885
202206 30.911 125.017 32.582
202209 28.458 125.227 29.946
202212 24.289 125.222 25.560
202303 20.899 127.348 21.626
202306 22.948 128.729 23.491
202309 24.629 129.860 24.993
202312 25.224 129.419 25.683
202403 24.429 131.776 24.429

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.


Powertech Technology  (TPE:6239) 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.


Powertech Technology Cyclically Adjusted PS Ratio Related Terms

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


Powertech Technology (TPE:6239) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Datong Road, HuKou, Hsinchu Industrial Park, Hsinchu, TWN, 30352
Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. Geographically, the majority of revenue is derived from Japan & Taiwan. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly.

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