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TSC Auto ID Technology (ROCO:3611) Cyclically Adjusted PS Ratio : 1.74 (As of May. 26, 2024)


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What is TSC Auto ID Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-26), TSC Auto ID Technology's current share price is NT$224.50. TSC Auto ID Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$129.28. TSC Auto ID Technology's Cyclically Adjusted PS Ratio for today is 1.74.

The historical rank and industry rank for TSC Auto ID Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3611' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.21   Max: 4.06
Current: 1.74

During the past years, TSC Auto ID Technology's highest Cyclically Adjusted PS Ratio was 4.06. The lowest was 1.57. And the median was 2.21.

ROCO:3611's Cyclically Adjusted PS Ratio is ranked worse than
65.66% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:3611: 1.74

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.

TSC Auto ID Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$39.402. 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$129.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TSC Auto ID Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TSC Auto ID 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.

TSC Auto ID Technology Cyclically Adjusted PS Ratio Chart

TSC Auto ID 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 3.40 2.40 2.04 1.60 1.94

TSC Auto ID 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 1.96 1.92 1.99 1.94 1.85

Competitive Comparison of TSC Auto ID Technology's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, TSC Auto ID 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.


TSC Auto ID Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TSC Auto ID 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.

TSC Auto ID Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=224.50/129.28
=1.74

* 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.

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

For example, TSC Auto ID 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)
=39.402/131.7762*131.7762
=39.402

Current CPI (Mar. 2024) = 131.7762.

TSC Auto ID Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.845 100.560 16.832
201409 13.540 100.428 17.766
201412 13.774 99.070 18.321
201503 12.336 99.621 16.318
201506 16.079 100.684 21.044
201509 14.304 100.392 18.776
201512 14.663 99.792 19.363
201603 13.712 100.470 17.985
201606 18.609 101.688 24.115
201609 17.410 101.861 22.523
201612 18.634 101.863 24.106
201703 16.671 102.862 21.357
201706 18.218 103.349 23.229
201709 18.804 104.136 23.795
201712 19.348 104.011 24.513
201803 17.790 105.290 22.265
201806 18.427 106.317 22.840
201809 18.416 106.507 22.785
201812 20.412 105.998 25.376
201903 30.316 107.251 37.249
201906 32.013 108.070 39.036
201909 31.516 108.329 38.337
201912 33.745 108.420 41.014
202003 27.421 108.902 33.181
202006 27.200 108.767 32.954
202009 31.132 109.815 37.358
202012 35.330 109.897 42.364
202103 32.487 111.754 38.307
202106 37.045 114.631 42.586
202109 37.776 115.734 43.012
202112 38.321 117.630 42.930
202203 37.443 121.301 40.676
202206 39.583 125.017 41.723
202209 42.043 125.227 44.242
202212 71.527 125.222 75.271
202303 44.360 127.348 45.903
202306 42.243 128.729 43.243
202309 44.352 129.860 45.007
202312 44.902 129.419 45.720
202403 39.402 131.776 39.402

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.


TSC Auto ID Technology  (ROCO:3611) 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.


TSC Auto ID Technology Cyclically Adjusted PS Ratio Related Terms

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


TSC Auto ID Technology (ROCO:3611) Business Description

Traded in Other Exchanges
N/A
Address
No. 95, Minquan Road, 9th Floor, Xindian District, New Taipei, TWN, 231
TSC Auto ID Technology Corp is a company in auto-identification systems/products manufacturing and services. Its product categories include Industrial Printers; Desktop Printers; Mobile Printers; Enterprise Printers; Print Engines and Modules; Barcode Inspection Printers; Color Label Printers; and others. The company's Segment A sells barcode printers and relevant components. Segment B sells labels and printer consumables.

TSC Auto ID Technology (ROCO:3611) Headlines

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