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AVATEC Co (XKRX:149950) Cyclically Adjusted PS Ratio : 2.19 (As of Jun. 15, 2024)


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What is AVATEC Co Cyclically Adjusted PS Ratio?

As of today (2024-06-15), AVATEC Co's current share price is ₩13730.00. AVATEC Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩6,282.27. AVATEC Co's Cyclically Adjusted PS Ratio for today is 2.19.

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

XKRX:149950' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.35   Max: 3.3
Current: 2.14

During the past years, AVATEC Co's highest Cyclically Adjusted PS Ratio was 3.30. The lowest was 1.89. And the median was 2.35.

XKRX:149950's Cyclically Adjusted PS Ratio is ranked worse than
71.21% of 1924 companies
in the Hardware industry
Industry Median: 1.08 vs XKRX:149950: 2.14

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.

AVATEC Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩1,623.410. 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 ₩6,282.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVATEC Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AVATEC 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.

AVATEC Co Cyclically Adjusted PS Ratio Chart

AVATEC 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 - - - 2.37 2.32

AVATEC 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 2.47 2.41 2.10 2.32 1.96

Competitive Comparison of AVATEC Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, AVATEC 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.


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

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

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



AVATEC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13730.00/6282.27
=2.19

* 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.

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

For example, AVATEC 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)
=1623.41/118.8477*118.8477
=1,623.410

Current CPI (Mar. 2024) = 118.8477.

AVATEC Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,454.341 99.353 1,739.707
201409 2,192.056 99.608 2,615.461
201412 2,500.229 99.098 2,998.511
201503 909.930 99.720 1,084.467
201506 1,246.544 100.050 1,480.748
201509 1,250.142 100.110 1,484.132
201512 1,349.678 100.220 1,600.540
201603 1,508.058 100.560 1,782.311
201606 994.459 100.790 1,172.628
201609 1,312.939 101.460 1,537.944
201612 1,441.052 101.560 1,686.350
201703 1,451.017 102.850 1,676.714
201706 1,535.822 102.610 1,778.861
201709 1,715.373 103.490 1,969.931
201712 1,668.997 102.990 1,925.978
201803 1,210.094 104.100 1,381.526
201806 1,160.022 104.130 1,323.979
201809 1,168.905 105.650 1,314.924
201812 1,347.869 104.350 1,535.133
201903 1,454.367 104.490 1,654.208
201906 1,127.155 104.880 1,277.267
201909 1,287.312 105.200 1,454.316
201912 1,354.344 105.120 1,531.209
202003 1,076.000 105.540 1,211.674
202006 1,377.912 104.870 1,561.568
202009 1,581.291 106.200 1,769.612
202012 1,432.848 105.765 1,610.079
202103 1,393.033 107.357 1,542.130
202106 1,376.878 107.579 1,521.109
202109 1,400.544 108.759 1,530.458
202112 1,233.293 109.676 1,336.423
202203 1,372.050 111.806 1,458.466
202206 1,098.416 114.083 1,144.294
202209 1,384.292 114.831 1,432.710
202212 1,502.688 115.200 1,550.267
202303 1,254.145 116.550 1,278.874
202306 1,257.368 117.140 1,275.699
202309 1,678.191 119.111 1,674.478
202312 1,294.617 118.848 1,294.617
202403 1,623.410 118.848 1,623.410

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.


AVATEC Co  (XKRX:149950) 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.


AVATEC Co Cyclically Adjusted PS Ratio Related Terms

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


AVATEC Co (XKRX:149950) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Dalseodaero 85-gil, Dalseo-gu, Daegu, KOR, 704-240
AVATEC Co Ltd is engaged in manufacturing of electronic components and liquid crystal display components. It has etching/ITO coating, tempered glass, touch panel, and coating businesses. Its products include tempered glasses, thin film coating products, anti-reflection, and AF coating glass products, automotive window/room mirror coating; EMI filter glass products; high reflection mirrors, copy machines, and scanners or optics related components; and low emissivity glass products.

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