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Sinbon Electronics Co (TPE:3023) Cyclically Adjusted PS Ratio : 2.84 (As of May. 21, 2024)


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What is Sinbon Electronics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Sinbon Electronics Co's current share price is NT$281.00. Sinbon Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$99.01. Sinbon Electronics Co's Cyclically Adjusted PS Ratio for today is 2.84.

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

TPE:3023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.44   Med: 3.17   Max: 4.23
Current: 2.87

During the past years, Sinbon Electronics Co's highest Cyclically Adjusted PS Ratio was 4.23. The lowest was 1.44. And the median was 3.17.

TPE:3023's Cyclically Adjusted PS Ratio is ranked worse than
78.27% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:3023: 2.87

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.

Sinbon Electronics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$33.073. 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$99.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinbon Electronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co Cyclically Adjusted PS Ratio Chart

Sinbon Electronics 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 2.10 3.36 3.82 3.22 3.13

Sinbon Electronics 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 3.84 4.01 3.42 3.13 2.78

Competitive Comparison of Sinbon Electronics Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Sinbon Electronics 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.


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

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

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



Sinbon Electronics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=281.00/99.01
=2.84

* 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.

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

For example, Sinbon Electronics 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)
=33.073/131.7762*131.7762
=33.073

Current CPI (Mar. 2024) = 131.7762.

Sinbon Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.860 100.560 18.163
201409 13.396 100.428 17.578
201412 12.881 99.070 17.133
201503 13.358 99.621 17.670
201506 14.445 100.684 18.906
201509 14.383 100.392 18.879
201512 12.270 99.792 16.203
201603 14.721 100.470 19.308
201606 15.215 101.688 19.717
201609 14.389 101.861 18.615
201612 13.081 101.863 16.922
201703 14.242 102.862 18.245
201706 14.689 103.349 18.729
201709 15.191 104.136 19.223
201712 12.947 104.011 16.403
201803 15.462 105.290 19.352
201806 16.999 106.317 21.070
201809 18.939 106.507 23.432
201812 16.444 105.998 20.443
201903 17.165 107.251 21.090
201906 20.855 108.070 25.430
201909 21.575 108.329 26.245
201912 17.213 108.420 20.921
202003 19.254 108.902 23.298
202006 22.697 108.767 27.498
202009 25.375 109.815 30.450
202012 26.289 109.897 31.523
202103 25.062 111.754 29.552
202106 26.880 114.631 30.900
202109 28.085 115.734 31.978
202112 27.030 117.630 30.281
202203 29.084 121.301 31.596
202206 31.259 125.017 32.949
202209 33.989 125.227 35.767
202212 31.551 125.222 33.202
202303 34.830 127.348 36.041
202306 36.156 128.729 37.012
202309 33.931 129.860 34.432
202312 30.287 129.419 30.839
202403 33.073 131.776 33.073

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.


Sinbon Electronics Co  (TPE:3023) 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.


Sinbon Electronics Co Cyclically Adjusted PS Ratio Related Terms

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


Sinbon Electronics Co (TPE:3023) Business Description

Traded in Other Exchanges
N/A
Address
No.582, Kuo-Hwa Road, Miaoli 360, Miaoli, TWN
Sinbon Electronics Co Ltd is a technological company that offers design manufacturing integration services of connectors, bulk cable and cable assemblies, radio frequency products, printed circuit boards and PCB assembly, box build solutions, and passive and active components. The firm offers its extensive range of value-added services in the medical health, automotive, renewable green energy, industrial, and iComponent Solution. The company is present in Taiwan, China, Japan, the U.K., and the U.S.

Sinbon Electronics Co (TPE:3023) Headlines

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