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Aker Technology Co (ROCO:6174) Cyclically Adjusted PS Ratio : 1.68 (As of Jun. 12, 2024)


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What is Aker Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Aker Technology Co's current share price is NT$21.80. Aker Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$12.94. Aker Technology Co's Cyclically Adjusted PS Ratio for today is 1.68.

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

ROCO:6174' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.75   Max: 2.84
Current: 1.75

During the past years, Aker Technology Co's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.81. And the median was 1.75.

ROCO:6174's Cyclically Adjusted PS Ratio is ranked worse than
65.61% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs ROCO:6174: 1.75

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.

Aker Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.209. 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$12.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aker Technology 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.

Aker Technology Co Cyclically Adjusted PS Ratio Chart

Aker Technology 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 1.21 1.06 2.67 1.94 1.76

Aker Technology 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 2.23 1.96 1.72 1.76 1.75

Competitive Comparison of Aker Technology Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Aker Technology 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.


Aker Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Aker Technology 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.

Aker Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.80/12.94
=1.68

* 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.

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

For example, Aker Technology 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)
=2.209/131.7762*131.7762
=2.209

Current CPI (Mar. 2024) = 131.7762.

Aker Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.195 100.560 4.187
201409 2.933 100.428 3.849
201412 2.689 99.070 3.577
201503 2.637 99.621 3.488
201506 2.846 100.684 3.725
201509 2.820 100.392 3.702
201512 2.529 99.792 3.340
201603 2.600 100.470 3.410
201606 2.955 101.688 3.829
201609 2.822 101.861 3.651
201612 2.748 101.863 3.555
201703 2.821 102.862 3.614
201706 2.860 103.349 3.647
201709 2.797 104.136 3.539
201712 2.677 104.011 3.392
201803 2.639 105.290 3.303
201806 3.101 106.317 3.844
201809 2.952 106.507 3.652
201812 2.322 105.998 2.887
201903 2.280 107.251 2.801
201906 2.239 108.070 2.730
201909 2.042 108.329 2.484
201912 2.305 108.420 2.802
202003 2.018 108.902 2.442
202006 2.016 108.767 2.442
202009 1.844 109.815 2.213
202012 2.350 109.897 2.818
202103 2.341 111.754 2.760
202106 2.773 114.631 3.188
202109 3.543 115.734 4.034
202112 3.361 117.630 3.765
202203 3.706 121.301 4.026
202206 3.641 125.017 3.838
202209 3.735 125.227 3.930
202212 3.247 125.222 3.417
202303 2.545 127.348 2.633
202306 2.102 128.729 2.152
202309 2.105 129.860 2.136
202312 2.359 129.419 2.402
202403 2.209 131.776 2.209

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.


Aker Technology Co  (ROCO:6174) 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.


Aker Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Aker Technology Co (ROCO:6174) Business Description

Traded in Other Exchanges
N/A
Address
11-3 Chien-kao Road, T.E.P.Z, Taichung, TWN, 427
Aker Technology Co Ltd is engaged in the manufacture and sale of frequency control products. It offers quartz crystals, quartz oscillators, and VCXO products for applications in communication, automotive and other industries, among others.

Aker Technology Co (ROCO:6174) Headlines

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