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RiTdisplay (TPE:8104) Cyclically Adjusted PS Ratio : 1.02 (As of Jun. 28, 2025)


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What is RiTdisplay Cyclically Adjusted PS Ratio?

As of today (2025-06-28), RiTdisplay's current share price is NT$38.15. RiTdisplay's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was NT$37.50. RiTdisplay's Cyclically Adjusted PS Ratio for today is 1.02.

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

TPE:8104' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.02   Max: 1.14
Current: 1.02

During the past 12 years, RiTdisplay's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.85. And the median was 1.02.

TPE:8104's Cyclically Adjusted PS Ratio is ranked better than
53.29% of 1841 companies
in the Hardware industry
Industry Median: 1.15 vs TPE:8104: 1.02

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.

RiTdisplay's adjusted revenue per share data of for the fiscal year that ended in Dec24 was NT$26.842. 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$37.50 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


RiTdisplay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for RiTdisplay'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.

RiTdisplay Cyclically Adjusted PS Ratio Chart

RiTdisplay Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.90 0.90 1.17

RiTdisplay Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 1.17 -

Competitive Comparison of RiTdisplay's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, RiTdisplay'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.


RiTdisplay's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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


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RiTdisplay 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.

RiTdisplay's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.15/37.50
=1.02

* 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.

RiTdisplay's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, RiTdisplay's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=26.842/133.1571*133.1571
=26.842

Current CPI (Dec24) = 133.1571.

RiTdisplay Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 27.378 99.792 36.532
201612 35.330 101.863 46.184
201712 37.354 104.011 47.821
201812 40.809 105.998 51.265
201912 24.237 108.420 29.767
202012 22.822 109.897 27.652
202112 29.331 117.630 33.203
202212 35.962 125.222 38.241
202312 36.408 129.419 37.459
202412 26.842 133.157 26.842

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.


RiTdisplay  (TPE:8104) 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.


RiTdisplay Cyclically Adjusted PS Ratio Related Terms

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


RiTdisplay Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 12, Kuanfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351
RiTdisplay Corp is engaged in the research development and manufacturing of the organic light-emitting diode. RiTdisplay combines technologies, R&D, and sales and marketing strategies to provide flat-panel display products to its customers. Geographically, it derives a majority of its revenue from China and also has a presence in America; Taiwan, and Other countries.

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