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United Radiant Technology (ROCO:5315) Cyclically Adjusted PS Ratio : 0.78 (As of Apr. 27, 2024)


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What is United Radiant Technology Cyclically Adjusted PS Ratio?

As of today (2024-04-27), United Radiant Technology's current share price is NT$18.20. United Radiant Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$23.25. United Radiant Technology's Cyclically Adjusted PS Ratio for today is 0.78.

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

ROCO:5315' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.79   Max: 1.02
Current: 0.76

During the past years, United Radiant Technology's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.59. And the median was 0.79.

ROCO:5315's Cyclically Adjusted PS Ratio is ranked better than
60.03% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs ROCO:5315: 0.76

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.

United Radiant Technology's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$2.694. 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$23.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Radiant Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Radiant Technology'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.

United Radiant Technology Cyclically Adjusted PS Ratio Chart

United Radiant Technology 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 0.85 0.81 0.87 0.78 0.78

United Radiant Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.70 0.78 0.94 0.80 0.78

Competitive Comparison of United Radiant Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, United Radiant Technology'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.


United Radiant Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



United Radiant Technology 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.

United Radiant Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.20/23.25
=0.78

* 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.

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

For example, United Radiant Technology'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)
=2.694/129.4194*129.4194
=2.694

Current CPI (Dec. 2023) = 129.4194.

United Radiant Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.333 98.326 5.703
201403 4.032 99.695 5.234
201406 5.577 100.560 7.178
201409 5.809 100.428 7.486
201412 5.724 99.070 7.478
201503 5.740 99.621 7.457
201506 6.297 100.684 8.094
201509 6.423 100.392 8.280
201512 6.559 99.792 8.506
201603 6.142 100.470 7.912
201606 6.551 101.688 8.338
201609 6.138 101.861 7.799
201612 5.543 101.863 7.043
201703 4.803 102.862 6.043
201706 4.775 103.349 5.980
201709 4.460 104.136 5.543
201712 3.200 104.011 3.982
201803 4.588 105.290 5.639
201806 4.001 106.317 4.870
201809 4.285 106.507 5.207
201812 4.628 105.998 5.651
201903 4.597 107.251 5.547
201906 4.554 108.070 5.454
201909 4.441 108.329 5.306
201912 4.376 108.420 5.224
202003 3.555 108.902 4.225
202006 3.675 108.767 4.373
202009 4.870 109.815 5.739
202012 5.107 109.897 6.014
202103 4.966 111.754 5.751
202106 5.100 114.631 5.758
202109 5.019 115.734 5.612
202112 4.423 117.630 4.866
202203 4.192 121.301 4.473
202206 4.718 125.017 4.884
202209 4.601 125.227 4.755
202212 4.619 125.222 4.774
202306 4.295 128.729 4.318
202309 3.291 129.860 3.280
202312 2.694 129.419 2.694

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.


United Radiant Technology  (ROCO:5315) 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.


United Radiant Technology Cyclically Adjusted PS Ratio Related Terms

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


United Radiant Technology (ROCO:5315) Business Description

Traded in Other Exchanges
N/A
Address
No.12,Chien-Kuo Road, T.T.I.P., Tantzu District, Taichung, TWN, 42760
United Radiant Technology Corp is a Taiwan-based company engaged in manufacturing, processing, and selling all kinds of liquid crystal displays (LCDs) and their modules. It is also involved in the contracting business of LED street lighting projects. Revenue from sales of goods is generated from sales of LCD modules and LCD products. n revenue comes from export sales, including sales to Europe and the Americas.

United Radiant Technology (ROCO:5315) Headlines

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