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Elcomtec Co (XKRX:037950) Cyclically Adjusted PS Ratio : 1.97 (As of May. 19, 2024)


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What is Elcomtec Co Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Elcomtec Co's current share price is ₩1343.00. Elcomtec Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩682.63. Elcomtec Co's Cyclically Adjusted PS Ratio for today is 1.97.

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

XKRX:037950' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 2.57
Current: 1.97

During the past years, Elcomtec Co's highest Cyclically Adjusted PS Ratio was 2.57. The lowest was 0.01. And the median was 0.01.

XKRX:037950's Cyclically Adjusted PS Ratio is ranked worse than
69.82% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs XKRX:037950: 1.97

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.

Elcomtec Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩118.982. 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 ₩682.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elcomtec Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Elcomtec 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.

Elcomtec Co Cyclically Adjusted PS Ratio Chart

Elcomtec 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 0.01 0.01 0.02 0.03 1.90

Elcomtec Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.06 2.27 1.88 1.90

Competitive Comparison of Elcomtec Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Elcomtec 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.


Elcomtec Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Elcomtec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1343.00/682.63
=1.97

* 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.

Elcomtec Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Elcomtec Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=118.982/118.8477*118.8477
=118.982

Current CPI (Dec. 2023) = 118.8477.

Elcomtec Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 168.827 99.253 202.157
201406 146.908 99.353 175.734
201409 85.822 99.608 102.399
201412 96.215 99.098 115.390
201503 132.587 99.720 158.019
201506 171.796 100.050 204.074
201509 197.405 100.110 234.354
201512 240.313 100.220 284.980
201603 228.808 100.560 270.419
201606 187.861 100.790 221.518
201609 136.318 101.460 159.679
201612 139.943 101.560 163.764
201703 142.715 102.850 164.913
201706 145.636 102.610 168.682
201709 123.577 103.490 141.916
201712 209.720 102.990 242.011
201803 93.251 104.100 106.462
201806 102.702 104.130 117.218
201809 102.438 105.650 115.234
201812 134.761 104.350 153.484
201903 79.212 104.490 90.096
201906 117.492 104.880 133.139
201909 151.174 105.200 170.786
201912 133.345 105.120 150.759
202003 88.768 105.540 99.961
202006 94.052 104.870 106.588
202009 377.922 106.200 422.930
202012 110.674 105.765 124.363
202103 107.566 107.357 119.079
202106 138.960 107.579 153.516
202109 142.586 108.759 155.812
202112 151.670 109.676 164.353
202203 126.391 111.806 134.352
202206 334.477 114.083 348.447
202209 103.668 114.831 107.294
202212 154.938 115.200 159.844
202303 189.283 116.550 193.015
202306 205.923 117.140 208.925
202309 161.971 119.111 161.613
202312 118.982 118.848 118.982

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.


Elcomtec Co  (XKRX:037950) 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.


Elcomtec Co Cyclically Adjusted PS Ratio Related Terms

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


Elcomtec Co (XKRX:037950) Business Description

Industry
Traded in Other Exchanges
N/A
Address
110-1, Galgot-ri, Jinwi-Myeon, Pyeongtaek, Gyeonggi, KOR, 451-862
Elcomtec Co Ltd manufactures cell phone components such as EL backlight units for keypads and camera modules.

Elcomtec Co (XKRX:037950) Headlines

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