GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shun On Electronic Co Ltd (TPE:6283) » Definitions » Cyclically Adjusted PS Ratio

Shun On Electronic Co (TPE:6283) Cyclically Adjusted PS Ratio : 2.38 (As of Jun. 06, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Shun On Electronic Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Shun On Electronic Co's current share price is NT$30.60. Shun On Electronic Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$12.86. Shun On Electronic Co's Cyclically Adjusted PS Ratio for today is 2.38.

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

TPE:6283' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.13   Max: 3.97
Current: 2.51

During the past years, Shun On Electronic Co's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 0.68. And the median was 2.13.

TPE:6283's Cyclically Adjusted PS Ratio is ranked worse than
74.71% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs TPE:6283: 2.51

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.

Shun On Electronic Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.306. 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$12.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shun On Electronic Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shun On Electronic 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.

Shun On Electronic Co Cyclically Adjusted PS Ratio Chart

Shun On Electronic 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 1.68 2.36 2.67 2.05 2.17

Shun On Electronic 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 2.28 2.15 2.22 2.17 1.87

Competitive Comparison of Shun On Electronic Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Shun On Electronic 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.


Shun On Electronic Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shun On Electronic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shun On Electronic Co's Cyclically Adjusted PS Ratio falls into.



Shun On Electronic 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.

Shun On Electronic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.60/12.86
=2.38

* 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.

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

For example, Shun On Electronic 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)
=2.306/131.7762*131.7762
=2.306

Current CPI (Mar. 2024) = 131.7762.

Shun On Electronic Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.854 100.560 5.050
201409 4.060 100.428 5.327
201412 3.864 99.070 5.140
201503 2.952 99.621 3.905
201506 2.827 100.684 3.700
201509 2.920 100.392 3.833
201512 3.217 99.792 4.248
201603 2.613 100.470 3.427
201606 2.569 101.688 3.329
201609 2.944 101.861 3.809
201612 2.278 101.863 2.947
201703 1.260 102.862 1.614
201706 1.109 103.349 1.414
201709 1.344 104.136 1.701
201712 1.132 104.011 1.434
201803 1.461 105.290 1.829
201806 2.083 106.317 2.582
201809 2.116 106.507 2.618
201812 2.139 105.998 2.659
201903 1.585 107.251 1.947
201906 1.838 108.070 2.241
201909 2.314 108.329 2.815
201912 2.719 108.420 3.305
202003 1.199 108.902 1.451
202006 2.485 108.767 3.011
202009 3.561 109.815 4.273
202012 4.233 109.897 5.076
202103 4.614 111.754 5.441
202106 4.494 114.631 5.166
202109 4.043 115.734 4.603
202112 4.191 117.630 4.695
202203 3.132 121.301 3.402
202206 3.537 125.017 3.728
202209 2.611 125.227 2.748
202212 2.663 125.222 2.802
202303 1.474 127.348 1.525
202306 2.508 128.729 2.567
202309 2.397 129.860 2.432
202312 2.470 129.419 2.515
202403 2.306 131.776 2.306

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.


Shun On Electronic Co  (TPE:6283) 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.


Shun On Electronic Co Cyclically Adjusted PS Ratio Related Terms

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


Shun On Electronic Co (TPE:6283) Business Description

Traded in Other Exchanges
N/A
Address
Lane 146,Xinhu 2nd Road, 2nd floor, No 19, Neihu District, Taipei, TWN, 11494
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive products. It offers membranes, overlays and domes, keypads, housing, and touch keys for mobile phones.

Shun On Electronic Co (TPE:6283) Headlines

No Headlines