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SemiLEDs (SemiLEDs) Cyclically Adjusted PS Ratio : 0.56 (As of Apr. 27, 2024)


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What is SemiLEDs Cyclically Adjusted PS Ratio?

As of today (2024-04-27), SemiLEDs's current share price is $1.5849. SemiLEDs's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $2.84. SemiLEDs's Cyclically Adjusted PS Ratio for today is 0.56.

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

LEDS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.56   Max: 4.34
Current: 0.55

During the past years, SemiLEDs's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 0.13. And the median was 0.56.

LEDS's Cyclically Adjusted PS Ratio is ranked better than
86.61% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs LEDS: 0.55

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.

SemiLEDs's adjusted revenue per share data for the three months ended in Feb. 2024 was $0.181. 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 $2.84 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SemiLEDs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SemiLEDs'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.

SemiLEDs Cyclically Adjusted PS Ratio Chart

SemiLEDs Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.46 2.19 0.70 0.55

SemiLEDs Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.67 0.78 0.55 0.41 0.57

Competitive Comparison of SemiLEDs's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, SemiLEDs'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.


SemiLEDs's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



SemiLEDs 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.5849/2.84
=0.56

* 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.

SemiLEDs's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, SemiLEDs's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.181/129.4194*129.4194
=0.181

Current CPI (Feb. 2024) = 129.4194.

SemiLEDs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.623 100.373 2.093
201408 0.801 100.352 1.033
201411 1.029 99.635 1.337
201502 1.603 99.032 2.095
201505 1.228 100.333 1.584
201508 1.074 100.548 1.382
201511 1.020 100.135 1.318
201602 1.003 100.040 1.298
201605 0.811 101.355 1.036
201608 0.630 101.617 0.802
201611 0.768 101.829 0.976
201702 0.518 102.779 0.652
201705 0.596 103.256 0.747
201708 0.725 103.587 0.906
201711 0.565 104.072 0.703
201802 0.435 105.052 0.536
201805 0.563 106.148 0.686
201808 0.547 106.383 0.665
201811 0.273 106.338 0.332
201902 0.455 106.649 0.552
201905 0.486 108.048 0.582
201908 0.433 108.245 0.518
201911 0.435 108.519 0.519
202002 0.343 109.139 0.407
202005 0.420 108.175 0.502
202008 0.328 109.662 0.387
202011 0.179 109.793 0.211
202102 0.299 110.968 0.349
202105 0.354 113.576 0.403
202108 0.297 115.421 0.333
202111 0.328 117.269 0.362
202202 0.485 119.703 0.524
202205 0.395 123.323 0.415
202208 0.352 124.958 0.365
202211 0.350 125.607 0.361
202302 0.237 126.928 0.242
202305 0.343 128.314 0.346
202308 0.295 129.538 0.295
202311 0.338 129.548 0.338
202402 0.181 129.419 0.181

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.


SemiLEDs  (NAS:LEDS) 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.


SemiLEDs Cyclically Adjusted PS Ratio Related Terms

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


SemiLEDs (SemiLEDs) Business Description

Industry
Traded in Other Exchanges
Address
3rd Floor, No.11 Ke Jung Road, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States.
Executives
Hsin-liang Christopher Lee officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Scott R. Simplot director, 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
J.r. Simplot Co 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
Semileds Corp officer: CFO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Roger Lee director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, TAIWAN F5 00000
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Peter Chiou director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY CA 350
Walter Michael Gough director C/O SEMILEDS CORPORATION, 3F, NO.11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY F5 00000
Del Prado Arthur H director 10 JAN VAN EYCKLAAN, BILTHOVEN P7 3723 BC
Anh Chuong Tran director, 10 percent owner, officer: President and COO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Chen-hao Timothy Lin officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Ilkan Cokgor officer: Exec VP of Sales & Marketing 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Hsieh Edward Kuan Hsiung director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTI, CHU-NAN F5 350
Yingku (adam) Lin officer: VP Bus. Dev. & General Counsel 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350