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IEI Integration (TPE:3022) Cyclically Adjusted PS Ratio : 1.92 (As of May. 15, 2024)


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What is IEI Integration Cyclically Adjusted PS Ratio?

As of today (2024-05-15), IEI Integration's current share price is NT$83.30. IEI Integration's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$43.43. IEI Integration's Cyclically Adjusted PS Ratio for today is 1.92.

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

TPE:3022' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.43   Max: 2.18
Current: 1.92

During the past years, IEI Integration's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.79. And the median was 1.43.

TPE:3022's Cyclically Adjusted PS Ratio is ranked worse than
66.89% of 1918 companies
in the Hardware industry
Industry Median: 1.06 vs TPE:3022: 1.92

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.

IEI Integration's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$9.590. 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$43.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IEI Integration Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IEI Integration'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.

IEI Integration Cyclically Adjusted PS Ratio Chart

IEI Integration 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 1.42 1.47 1.22 1.71 1.94

IEI Integration 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 2.02 2.10 1.82 1.94 1.89

Competitive Comparison of IEI Integration's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, IEI Integration'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.


IEI Integration's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



IEI Integration 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.

IEI Integration's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.30/43.43
=1.92

* 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.

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

For example, IEI Integration'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)
=9.59/129.4194*129.4194
=9.590

Current CPI (Mar. 2024) = 129.4194.

IEI Integration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.405 100.560 12.104
201409 10.810 100.428 13.931
201412 8.393 99.070 10.964
201503 9.425 99.621 12.244
201506 11.202 100.684 14.399
201509 8.839 100.392 11.395
201512 8.652 99.792 11.221
201603 9.456 100.470 12.181
201606 8.599 101.688 10.944
201609 10.540 101.861 13.392
201612 14.137 101.863 17.961
201703 12.345 102.862 15.532
201706 9.080 103.349 11.370
201709 8.007 104.136 9.951
201712 7.575 104.011 9.425
201803 6.630 105.290 8.149
201806 7.534 106.317 9.171
201809 8.841 106.507 10.743
201812 6.082 105.998 7.426
201903 4.998 107.251 6.031
201906 7.914 108.070 9.477
201909 8.159 108.329 9.747
201912 7.143 108.420 8.526
202003 5.642 108.902 6.705
202006 9.198 108.767 10.944
202009 8.618 109.815 10.157
202012 9.894 109.897 11.652
202103 8.016 111.754 9.283
202106 9.114 114.631 10.290
202109 8.837 115.734 9.882
202112 9.149 117.630 10.066
202203 8.811 121.301 9.401
202206 9.276 125.017 9.603
202209 14.264 125.227 14.742
202212 12.396 125.222 12.812
202303 12.120 127.348 12.317
202306 10.825 128.729 10.883
202309 10.475 129.860 10.439
202312 9.296 129.419 9.296
202403 9.590 129.419 9.590

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.


IEI Integration  (TPE:3022) 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.


IEI Integration Cyclically Adjusted PS Ratio Related Terms

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


IEI Integration (TPE:3022) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd floor, Number 29, Zhongxing Road, Xizhi District, New Taipei City, TWN, 221
IEI Integration Corp is a Taiwan-based manufacturer of components for use in computer-based applications such as manufacturing automation, telephony integration, security, defense, transportation, and the Internet of Things. The company also offers digital solutions to smart cities, smart building automation, home automation, car park management systems, office automation, security and surveillance, and remote diagnostics. IEI collaborates with large technology companies to offer intelligent systems that are compatible with different operating systems. The firm has operations in the United States and China, Asia, Domestic and others.

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