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BOE Varitronix (HKSE:00710) Cyclically Adjusted PS Ratio : 0.71 (As of May. 20, 2024)


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What is BOE Varitronix Cyclically Adjusted PS Ratio?

As of today (2024-05-20), BOE Varitronix's current share price is HK$5.84. BOE Varitronix's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$8.22. BOE Varitronix's Cyclically Adjusted PS Ratio for today is 0.71.

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

HKSE:00710' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.67   Max: 2.71
Current: 0.72

During the past 13 years, BOE Varitronix's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.26. And the median was 0.67.

HKSE:00710's Cyclically Adjusted PS Ratio is ranked better than
63.37% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs HKSE:00710: 0.72

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.

BOE Varitronix's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$13.639. 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 HK$8.22 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BOE Varitronix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BOE Varitronix'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.

BOE Varitronix Cyclically Adjusted PS Ratio Chart

BOE Varitronix 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 0.36 0.42 1.45 1.94 0.86

BOE Varitronix Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.45 - 1.94 - 0.86

Competitive Comparison of BOE Varitronix's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, BOE Varitronix'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.


BOE Varitronix's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



BOE Varitronix 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.

BOE Varitronix's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.84/8.22
=0.71

* 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.

BOE Varitronix's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BOE Varitronix's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=13.639/117.2957*117.2957
=13.639

Current CPI (Dec23) = 117.2957.

BOE Varitronix Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 7.808 99.707 9.185
201512 7.482 102.015 8.603
201612 3.714 103.225 4.220
201712 3.917 104.984 4.376
201812 4.322 107.622 4.710
201912 4.860 110.700 5.150
202012 6.152 109.711 6.577
202112 10.564 112.349 11.029
202212 14.322 114.548 14.666
202312 13.639 117.296 13.639

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.


BOE Varitronix  (HKSE:00710) 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.


BOE Varitronix Cyclically Adjusted PS Ratio Related Terms

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


BOE Varitronix (HKSE:00710) Business Description

Industry
Traded in Other Exchanges
Address
Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

BOE Varitronix (HKSE:00710) Headlines

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