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Accton Technology (Accton Technology) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is Accton Technology Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accton Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accton 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.

Accton Technology Cyclically Adjusted PS Ratio Chart

Accton 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 2.79 4.81 3.45 2.68 5.23

Accton Technology 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 3.49 3.70 5.04 5.23 4.47

Competitive Comparison of Accton Technology's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Accton 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.


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

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

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



Accton 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.

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

For example, Accton Technology'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)
=1.07/131.7762*131.7762
=1.070

Current CPI (Mar. 2024) = 131.7762.

Accton Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.374 100.560 0.490
201409 0.330 100.428 0.433
201412 0.368 99.070 0.489
201503 0.291 99.621 0.385
201506 0.361 100.684 0.472
201509 0.369 100.392 0.484
201512 0.407 99.792 0.537
201603 0.336 100.470 0.441
201606 0.422 101.688 0.547
201609 0.432 101.861 0.559
201612 0.467 101.863 0.604
201703 0.496 102.862 0.635
201706 0.518 103.349 0.660
201709 0.523 104.136 0.662
201712 0.602 104.011 0.763
201803 0.554 105.290 0.693
201806 0.575 106.317 0.713
201809 0.650 106.507 0.804
201812 0.746 105.998 0.927
201903 0.642 107.251 0.789
201906 0.780 108.070 0.951
201909 0.952 108.329 1.158
201912 0.835 108.420 1.015
202003 0.700 108.902 0.847
202006 0.766 108.767 0.928
202009 0.887 109.815 1.064
202012 1.003 109.897 1.203
202103 0.840 111.754 0.990
202106 0.910 114.631 1.046
202109 0.987 115.734 1.124
202112 1.112 117.630 1.246
202203 0.996 121.301 1.082
202206 1.137 125.017 1.198
202209 1.184 125.227 1.246
202212 1.303 125.222 1.371
202303 1.160 127.348 1.200
202306 1.174 128.729 1.202
202309 1.260 129.860 1.279
202312 1.264 129.419 1.287
202403 1.070 131.776 1.070

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.


Accton Technology  (GREY:ACTZF) 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.


Accton Technology Cyclically Adjusted PS Ratio Related Terms

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Accton Technology (Accton Technology) Business Description

Traded in Other Exchanges
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

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