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D-Link (TPE:2332) Cyclically Adjusted PS Ratio : 0.44 (As of Apr. 27, 2024)


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What is D-Link Cyclically Adjusted PS Ratio?

As of today (2024-04-27), D-Link's current share price is NT$17.70. D-Link's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$40.23. D-Link's Cyclically Adjusted PS Ratio for today is 0.44.

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

TPE:2332' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.41   Max: 0.7
Current: 0.43

During the past years, D-Link's highest Cyclically Adjusted PS Ratio was 0.70. The lowest was 0.21. And the median was 0.41.

TPE:2332's Cyclically Adjusted PS Ratio is ranked better than
75.01% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs TPE:2332: 0.43

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.

D-Link's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$6.178. 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$40.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


D-Link Cyclically Adjusted PS Ratio Historical Data

The historical data trend for D-Link'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.

D-Link Cyclically Adjusted PS Ratio Chart

D-Link 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 0.31 0.70 0.43 0.35 0.50

D-Link 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 0.35 0.43 0.52 0.48 0.50

Competitive Comparison of D-Link's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, D-Link'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.


D-Link's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



D-Link 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.

D-Link's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.70/40.23
=0.44

* 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.

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

For example, D-Link'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)
=6.178/129.4194*129.4194
=6.178

Current CPI (Dec. 2023) = 129.4194.

D-Link Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.894 99.695 15.440
201406 11.841 100.560 15.239
201409 12.746 100.428 16.426
201412 13.962 99.070 18.239
201503 11.201 99.621 14.551
201506 10.525 100.684 13.529
201509 11.578 100.392 14.926
201512 11.257 99.792 14.599
201603 10.201 100.470 13.140
201606 9.623 101.688 12.247
201609 9.514 101.861 12.088
201612 9.926 101.863 12.611
201703 8.008 102.862 10.076
201706 7.645 103.349 9.573
201709 8.894 104.136 11.053
201712 8.371 104.011 10.416
201803 8.330 105.290 10.239
201806 8.360 106.317 10.177
201809 8.972 106.507 10.902
201812 7.676 105.998 9.372
201903 7.002 107.251 8.449
201906 6.825 108.070 8.173
201909 7.417 108.329 8.861
201912 7.427 108.420 8.865
202003 6.121 108.902 7.274
202006 7.042 108.767 8.379
202009 6.871 109.815 8.098
202012 6.864 109.897 8.083
202103 6.480 111.754 7.504
202106 5.224 114.631 5.898
202109 5.868 115.734 6.562
202112 5.665 117.630 6.233
202203 6.693 121.301 7.141
202206 6.930 125.017 7.174
202209 7.477 125.227 7.727
202212 7.337 125.222 7.583
202303 7.088 127.348 7.203
202306 6.895 128.729 6.932
202309 5.196 129.860 5.178
202312 6.178 129.419 6.178

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.


D-Link  (TPE:2332) 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.


D-Link Cyclically Adjusted PS Ratio Related Terms

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


D-Link (TPE:2332) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 289, Xinhu 3rd Road, Neihu District, Taipei, TWN, 114
D-Link Corp develops and sells local area computer network systems (LANs) and spare parts for integrated circuits. The main products of the company include switches, wireless local area network (WLAN) products, broadband products, digital home appliances, such as network storage products, and intelligent sockets, as well as other network products, such as network lines, servers, and hubs. The company operates businesses in Asia & Others, America, and Europe, out of which the majority is from Asia & Others.

D-Link (TPE:2332) Headlines

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