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APAC Opto Electronics (ROCO:4908) Cyclically Adjusted PS Ratio : 7.20 (As of Jun. 06, 2024)


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What is APAC Opto Electronics Cyclically Adjusted PS Ratio?

As of today (2024-06-06), APAC Opto Electronics's current share price is NT$102.50. APAC Opto Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$14.23. APAC Opto Electronics's Cyclically Adjusted PS Ratio for today is 7.20.

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

ROCO:4908' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.23   Max: 8.67
Current: 7.41

During the past years, APAC Opto Electronics's highest Cyclically Adjusted PS Ratio was 8.67. The lowest was 1.46. And the median was 2.23.

ROCO:4908's Cyclically Adjusted PS Ratio is ranked worse than
94.12% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs ROCO:4908: 7.41

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.

APAC Opto Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.903. 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$14.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


APAC Opto Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for APAC Opto Electronics'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.

APAC Opto Electronics Cyclically Adjusted PS Ratio Chart

APAC Opto Electronics 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 2.42 2.08 2.12 2.02 5.90

APAC Opto Electronics 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 2.20 2.88 4.81 5.90 7.55

Competitive Comparison of APAC Opto Electronics's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, APAC Opto Electronics'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.


APAC Opto Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where APAC Opto Electronics's Cyclically Adjusted PS Ratio falls into.



APAC Opto Electronics 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.

APAC Opto Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.50/14.23
=7.20

* 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.

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

For example, APAC Opto Electronics'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)
=2.903/131.7762*131.7762
=2.903

Current CPI (Mar. 2024) = 131.7762.

APAC Opto Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.417 100.560 5.788
201409 4.005 100.428 5.255
201412 3.839 99.070 5.106
201503 3.374 99.621 4.463
201506 2.870 100.684 3.756
201509 3.348 100.392 4.395
201512 3.830 99.792 5.058
201603 4.257 100.470 5.583
201606 2.914 101.688 3.776
201609 2.686 101.861 3.475
201612 3.134 101.863 4.054
201703 3.419 102.862 4.380
201706 2.918 103.349 3.721
201709 3.548 104.136 4.490
201712 3.204 104.011 4.059
201803 2.443 105.290 3.058
201806 2.839 106.317 3.519
201809 2.490 106.507 3.081
201812 2.259 105.998 2.808
201903 2.776 107.251 3.411
201906 2.840 108.070 3.463
201909 2.442 108.329 2.971
201912 2.370 108.420 2.881
202003 2.364 108.902 2.861
202006 2.603 108.767 3.154
202009 2.399 109.815 2.879
202012 2.065 109.897 2.476
202103 1.926 111.754 2.271
202106 2.590 114.631 2.977
202109 2.793 115.734 3.180
202112 2.630 117.630 2.946
202203 3.178 121.301 3.452
202206 2.853 125.017 3.007
202209 2.800 125.227 2.946
202212 2.362 125.222 2.486
202303 2.254 127.348 2.332
202306 2.611 128.729 2.673
202309 3.161 129.860 3.208
202312 3.949 129.419 4.021
202403 2.903 131.776 2.903

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.


APAC Opto Electronics  (ROCO:4908) 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.


APAC Opto Electronics Cyclically Adjusted PS Ratio Related Terms

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


APAC Opto Electronics (ROCO:4908) Business Description

Traded in Other Exchanges
N/A
Address
3 Tzu Chiang Road, Hsinchu Industrial Park, Hukow, Hsinchu Hsien, TWN
APAC Opto Electronics Inc is a manufacturer of high-performance fiber optical transmission components for Local Area Networks (LANs), Wide Area Networks (WANs), Storage Networks (SANs), Metropolitan Area Networks (MANs), and Access Networks (ANs) in Taiwan. The products of the company include optical extender modules, optical transceiver modules, and copper transceiver modules. The company is engaged in the manufacture of wired and wireless communication equipment and electronic components, and the wholesale and retail of telecommunications equipment and electronic materials.

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