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SynCore Biotechnology Co (ROCO:4192) Cyclically Adjusted PS Ratio : 73.92 (As of May. 24, 2024)


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What is SynCore Biotechnology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SynCore Biotechnology Co's current share price is NT$44.35. SynCore Biotechnology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$0.60. SynCore Biotechnology Co's Cyclically Adjusted PS Ratio for today is 73.92.

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

ROCO:4192' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 61.29   Med: 83.42   Max: 176.87
Current: 75.15

During the past years, SynCore Biotechnology Co's highest Cyclically Adjusted PS Ratio was 176.87. The lowest was 61.29. And the median was 83.42.

ROCO:4192's Cyclically Adjusted PS Ratio is ranked worse than
95.26% of 506 companies
in the Biotechnology industry
Industry Median: 5.675 vs ROCO:4192: 75.15

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.

SynCore Biotechnology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$0.124. 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$0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SynCore Biotechnology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SynCore Biotechnology Co'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.

SynCore Biotechnology Co Cyclically Adjusted PS Ratio Chart

SynCore Biotechnology Co 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 - - - 168.90 65.58

SynCore Biotechnology Co 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 129.65 115.53 76.77 65.58 63.79

Competitive Comparison of SynCore Biotechnology Co's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, SynCore Biotechnology Co'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.


SynCore Biotechnology Co's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, SynCore Biotechnology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SynCore Biotechnology Co's Cyclically Adjusted PS Ratio falls into.



SynCore Biotechnology Co 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.

SynCore Biotechnology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.35/0.6
=73.92

* 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.

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

For example, SynCore Biotechnology Co'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)
=0.124/131.7762*131.7762
=0.124

Current CPI (Mar. 2024) = 131.7762.

SynCore Biotechnology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.086 100.560 0.113
201409 0.092 100.428 0.121
201412 0.095 99.070 0.126
201503 0.082 99.621 0.108
201506 0.666 100.684 0.872
201509 0.112 100.392 0.147
201512 0.114 99.792 0.151
201603 0.093 100.470 0.122
201606 0.113 101.688 0.146
201609 0.100 101.861 0.129
201612 0.106 101.863 0.137
201703 0.097 102.862 0.124
201706 0.120 103.349 0.153
201709 0.108 104.136 0.137
201712 0.105 104.011 0.133
201803 0.096 105.290 0.120
201806 0.103 106.317 0.128
201809 0.093 106.507 0.115
201812 0.085 105.998 0.106
201903 0.286 107.251 0.351
201906 0.103 108.070 0.126
201909 0.083 108.329 0.101
201912 0.080 108.420 0.097
202003 0.079 108.902 0.096
202006 0.060 108.767 0.073
202009 0.136 109.815 0.163
202012 0.196 109.897 0.235
202103 0.044 111.754 0.052
202106 0.041 114.631 0.047
202109 0.047 115.734 0.054
202112 0.092 117.630 0.103
202203 0.108 121.301 0.117
202206 0.093 125.017 0.098
202209 0.144 125.227 0.152
202212 0.163 125.222 0.172
202303 0.120 127.348 0.124
202306 0.145 128.729 0.148
202309 0.186 129.860 0.189
202312 0.176 129.419 0.179
202403 0.124 131.776 0.124

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.


SynCore Biotechnology Co  (ROCO:4192) 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.


SynCore Biotechnology Co Cyclically Adjusted PS Ratio Related Terms

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


SynCore Biotechnology Co (ROCO:4192) Business Description

Traded in Other Exchanges
N/A
Address
No.84 Zhongshan Road, Zhongshan Village, Dongshan Township, Yilan, TWN, 269
SynCore Biotechnology Co Ltd is a biopharmaceutical company. Its pipeline products concentrate on the ophthalmology, oncology, and dermatology fields. The pipeline products of the company include SB01 and 02, SB03, SB04, and SB05. It is engaged in drug development and sale, food advisory, medicine inspection, biotechnology service and intellectual property. It operates in a single industry, the new drug development.

SynCore Biotechnology Co (ROCO:4192) Headlines

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