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Fulltech Fiber Glass (ROCO:1815) Cyclically Adjusted PS Ratio : 2.33 (As of Jun. 06, 2024)


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What is Fulltech Fiber Glass Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Fulltech Fiber Glass's current share price is NT$27.90. Fulltech Fiber Glass's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$11.98. Fulltech Fiber Glass's Cyclically Adjusted PS Ratio for today is 2.33.

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

ROCO:1815' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.12   Max: 2.16
Current: 2.15

During the past years, Fulltech Fiber Glass's highest Cyclically Adjusted PS Ratio was 2.16. The lowest was 0.71. And the median was 1.12.

ROCO:1815's Cyclically Adjusted PS Ratio is ranked worse than
71.18% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs ROCO:1815: 2.15

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.

Fulltech Fiber Glass's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.660. 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$11.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulltech Fiber Glass Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass Cyclically Adjusted PS Ratio Chart

Fulltech Fiber Glass 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 1.06 1.22 1.37 0.94 1.31

Fulltech Fiber Glass 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 0.98 1.09 1.36 1.31 1.56

Competitive Comparison of Fulltech Fiber Glass's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Fulltech Fiber Glass'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.


Fulltech Fiber Glass's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Fulltech Fiber Glass's Cyclically Adjusted PS Ratio falls into.



Fulltech Fiber Glass 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.

Fulltech Fiber Glass's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.90/11.98
=2.33

* 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.

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

For example, Fulltech Fiber Glass'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)
=1.66/131.7762*131.7762
=1.660

Current CPI (Mar. 2024) = 131.7762.

Fulltech Fiber Glass Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.689 100.560 3.524
201409 3.014 100.428 3.955
201412 2.772 99.070 3.687
201503 2.655 99.621 3.512
201506 2.779 100.684 3.637
201509 2.619 100.392 3.438
201512 2.426 99.792 3.204
201603 2.603 100.470 3.414
201606 2.644 101.688 3.426
201609 2.888 101.861 3.736
201612 2.520 101.863 3.260
201703 2.712 102.862 3.474
201706 2.675 103.349 3.411
201709 2.933 104.136 3.712
201712 2.344 104.011 2.970
201803 2.606 105.290 3.262
201806 2.677 106.317 3.318
201809 3.017 106.507 3.733
201812 2.653 105.998 3.298
201903 2.379 107.251 2.923
201906 2.606 108.070 3.178
201909 2.553 108.329 3.106
201912 2.302 108.420 2.798
202003 2.153 108.902 2.605
202006 1.739 108.767 2.107
202009 1.674 109.815 2.009
202012 2.360 109.897 2.830
202103 2.756 111.754 3.250
202106 2.805 114.631 3.225
202109 2.848 115.734 3.243
202112 2.685 117.630 3.008
202203 2.210 121.301 2.401
202206 2.875 125.017 3.030
202209 2.690 125.227 2.831
202212 2.250 125.222 2.368
202303 2.086 127.348 2.159
202306 1.697 128.729 1.737
202309 1.745 129.860 1.771
202312 1.550 129.419 1.578
202403 1.660 131.776 1.660

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.


Fulltech Fiber Glass  (ROCO:1815) 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.


Fulltech Fiber Glass Cyclically Adjusted PS Ratio Related Terms

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


Fulltech Fiber Glass (ROCO:1815) Business Description

Traded in Other Exchanges
N/A
Address
No. 216, Dunhua South Road, Section 2, 28th Floor, Taipei, TWN
Fulltech Fiber Glass Corp is a company. It is engaged in the manufacturing and distribution of fiber glass yarns and fiber glass cloth. It provides electronic-grade fiber glass yarns, industrial fiber glass yarns and electronic-grade glass fiber cloth.

Fulltech Fiber Glass (ROCO:1815) Headlines

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