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Global Lighting Technologies (TPE:4935) Cyclically Adjusted PS Ratio : 0.97 (As of May. 15, 2024)


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What is Global Lighting Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Global Lighting Technologies's current share price is NT$64.00. Global Lighting Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$66.30. Global Lighting Technologies's Cyclically Adjusted PS Ratio for today is 0.97.

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

TPE:4935' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.36   Max: 3.46
Current: 1

During the past years, Global Lighting Technologies's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.72. And the median was 1.36.

TPE:4935's Cyclically Adjusted PS Ratio is ranked better than
52.09% of 1918 companies
in the Hardware industry
Industry Median: 1.06 vs TPE:4935: 1.00

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.

Global Lighting Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$12.053. 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$66.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Lighting Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Lighting Technologies'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.

Global Lighting Technologies Cyclically Adjusted PS Ratio Chart

Global Lighting Technologies 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 2.79 2.28 1.45 0.86 0.79

Global Lighting Technologies 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 0.86 0.91 0.89 0.77 0.79

Competitive Comparison of Global Lighting Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Global Lighting Technologies'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.


Global Lighting Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Global Lighting Technologies 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.

Global Lighting Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.00/66.3
=0.97

* 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.

Global Lighting Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Global Lighting Technologies'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)
=12.053/129.4194*129.4194
=12.053

Current CPI (Dec. 2023) = 129.4194.

Global Lighting Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.039 99.695 13.032
201406 11.304 100.560 14.548
201409 12.828 100.428 16.531
201412 13.807 99.070 18.037
201503 11.852 99.621 15.397
201506 13.199 100.684 16.966
201509 15.114 100.392 19.484
201512 13.567 99.792 17.595
201603 10.015 100.470 12.901
201606 12.650 101.688 16.100
201609 12.401 101.861 15.756
201612 11.036 101.863 14.022
201703 9.410 102.862 11.839
201706 11.006 103.349 13.782
201709 12.778 104.136 15.880
201712 11.547 104.011 14.368
201803 7.932 105.290 9.750
201806 8.275 106.317 10.073
201809 14.208 106.507 17.265
201812 10.970 105.998 13.394
201903 8.293 107.251 10.007
201906 8.675 108.070 10.389
201909 10.989 108.329 13.128
201912 12.321 108.420 14.707
202003 10.510 108.902 12.490
202006 22.125 108.767 26.326
202009 26.158 109.815 30.828
202012 26.471 109.897 31.173
202103 19.865 111.754 23.005
202106 20.816 114.631 23.501
202109 21.268 115.734 23.783
202112 20.399 117.630 22.444
202203 18.827 121.301 20.087
202206 14.180 125.017 14.679
202209 24.599 125.227 25.423
202212 17.522 125.222 18.109
202303 8.436 127.348 8.573
202306 13.637 128.729 13.710
202309 11.899 129.860 11.859
202312 12.053 129.419 12.053

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.


Global Lighting Technologies  (TPE:4935) 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.


Global Lighting Technologies Cyclically Adjusted PS Ratio Related Terms

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


Global Lighting Technologies (TPE:4935) Business Description

Traded in Other Exchanges
N/A
Address
No. 1149, Section 3, Minquan Road, Zhongli District, Taoyuan City, TWN
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing, and sales of plastic components. The company has two reportable segments; the Department of light guide plates applications which provide the service of manufacturing and sales of related application products such as light guide plates, and the Department of plastic components which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and Others, out of which it earns a majority of its revenue from Asia.

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