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Anji Technology Co (TPE:6477) Cyclically Adjusted PS Ratio : 1.91 (As of Jun. 19, 2024)


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What is Anji Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Anji Technology Co's current share price is NT$37.00. Anji Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$19.40. Anji Technology Co's Cyclically Adjusted PS Ratio for today is 1.91.

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

TPE:6477' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 1.93   Max: 2.1
Current: 1.9

During the past years, Anji Technology Co's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 1.77. And the median was 1.93.

TPE:6477's Cyclically Adjusted PS Ratio is ranked better than
57.29% of 679 companies
in the Semiconductors industry
Industry Median: 2.3 vs TPE:6477: 1.90

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.

Anji Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.507. 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$19.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anji Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anji 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.

Anji Technology Co Cyclically Adjusted PS Ratio Chart

Anji 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 - - - - 1.97

Anji 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 - - 2.02 1.97 2.10

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

For the Solar subindustry, Anji 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.


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

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

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



Anji 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.00/19.4
=1.91

* 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.

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

For example, Anji 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)
=1.507/131.7762*131.7762
=1.507

Current CPI (Mar. 2024) = 131.7762.

Anji Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201412 0.000 99.070 0.000
201503 2.872 99.621 3.799
201506 4.668 100.684 6.110
201509 5.023 100.392 6.593
201512 6.102 99.792 8.058
201603 2.257 100.470 2.960
201606 4.478 101.688 5.803
201609 1.447 101.861 1.872
201612 3.145 101.863 4.069
201703 1.675 102.862 2.146
201706 2.969 103.349 3.786
201709 5.058 104.136 6.401
201712 5.428 104.011 6.877
201803 5.146 105.290 6.441
201806 3.788 106.317 4.695
201809 5.297 106.507 6.554
201812 4.599 105.998 5.717
201903 5.366 107.251 6.593
201906 4.165 108.070 5.079
201909 3.172 108.329 3.859
201912 3.489 108.420 4.241
202003 1.889 108.902 2.286
202006 5.504 108.767 6.668
202009 8.771 109.815 10.525
202012 3.100 109.897 3.717
202103 1.708 111.754 2.014
202106 2.645 114.631 3.041
202109 2.777 115.734 3.162
202112 6.129 117.630 6.866
202203 5.944 121.301 6.457
202206 5.111 125.017 5.387
202209 8.156 125.227 8.583
202212 6.364 125.222 6.697
202303 3.395 127.348 3.513
202306 3.591 128.729 3.676
202309 2.034 129.860 2.064
202312 1.587 129.419 1.616
202403 1.507 131.776 1.507

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.


Anji Technology Co  (TPE:6477) 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.


Anji Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Anji Technology Co (TPE:6477) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Keji 5th Road, Annan District, Tainan, TWN, 709
Anji Technology Co Ltd is a Taiwan-based company involved in the manufacturing of solar modules to generate electricity. The different types of solar modules provided by the company include High-performance single-crystal germanium modules, High-performance double-glass modules, Polycrystalline germanium modules, and Building integrated modules.

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