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Voltronic Power Technology (TPE:6409) Cyclically Adjusted PS Ratio : 9.81 (As of Jun. 12, 2024)


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What is Voltronic Power Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Voltronic Power Technology's current share price is NT$1740.00. Voltronic Power Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$177.34. Voltronic Power Technology's Cyclically Adjusted PS Ratio for today is 9.81.

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

TPE:6409' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.79   Med: 10.46   Max: 14.11
Current: 9.78

During the past years, Voltronic Power Technology's highest Cyclically Adjusted PS Ratio was 14.11. The lowest was 7.79. And the median was 10.46.

TPE:6409's Cyclically Adjusted PS Ratio is ranked worse than
96.73% of 2199 companies
in the Industrial Products industry
Industry Median: 1.41 vs TPE:6409: 9.78

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.

Voltronic Power Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$52.447. 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$177.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voltronic Power Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Voltronic Power 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.

Voltronic Power Technology Cyclically Adjusted PS Ratio Chart

Voltronic Power 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 - - 12.09 10.03 9.97

Voltronic Power 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 10.84 11.91 9.37 9.97 9.30

Competitive Comparison of Voltronic Power Technology's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Voltronic Power 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.


Voltronic Power Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Voltronic Power 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1740.00/177.34
=9.81

* 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.

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

For example, Voltronic Power 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)
=52.447/131.7762*131.7762
=52.447

Current CPI (Mar. 2024) = 131.7762.

Voltronic Power Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.892 100.560 24.757
201409 21.220 100.428 27.844
201412 20.344 99.070 27.060
201503 22.207 99.621 29.375
201506 23.437 100.684 30.675
201509 24.795 100.392 32.546
201512 22.613 99.792 29.861
201603 23.393 100.470 30.682
201606 23.630 101.688 30.622
201609 23.919 101.861 30.944
201612 22.995 101.863 29.748
201703 25.403 102.862 32.544
201706 28.779 103.349 36.695
201709 29.541 104.136 37.382
201712 30.255 104.011 38.331
201803 29.024 105.290 36.325
201806 33.006 106.317 40.910
201809 35.178 106.507 43.524
201812 34.305 105.998 42.648
201903 32.855 107.251 40.368
201906 39.593 108.070 48.278
201909 38.183 108.329 46.447
201912 38.241 108.420 46.479
202003 29.263 108.902 35.410
202006 44.220 108.767 53.574
202009 41.566 109.815 49.879
202012 41.350 109.897 49.582
202103 39.608 111.754 46.704
202106 46.417 114.631 53.359
202109 51.721 115.734 58.890
202112 56.123 117.630 62.873
202203 48.881 121.301 53.102
202206 72.679 125.017 76.609
202209 73.297 125.227 77.131
202212 65.155 125.222 68.565
202303 53.580 127.348 55.443
202306 59.412 128.729 60.819
202309 50.969 129.860 51.721
202312 52.300 129.419 53.252
202403 52.447 131.776 52.447

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.


Voltronic Power Technology  (TPE:6409) 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.


Voltronic Power Technology Cyclically Adjusted PS Ratio Related Terms

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


Voltronic Power Technology (TPE:6409) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

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