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Alcor Micro (ROCO:8054) Cyclically Adjusted PS Ratio : 5.81 (As of Jun. 08, 2024)


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What is Alcor Micro Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Alcor Micro's current share price is NT$163.50. Alcor Micro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$28.13. Alcor Micro's Cyclically Adjusted PS Ratio for today is 5.81.

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

ROCO:8054' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.18   Max: 7.18
Current: 5.95

During the past years, Alcor Micro's highest Cyclically Adjusted PS Ratio was 7.18. The lowest was 0.32. And the median was 1.18.

ROCO:8054's Cyclically Adjusted PS Ratio is ranked worse than
91.84% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs ROCO:8054: 5.95

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.

Alcor Micro's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.063. 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$28.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcor Micro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alcor Micro'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.

Alcor Micro Cyclically Adjusted PS Ratio Chart

Alcor Micro 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 0.44 0.68 1.98 1.00 4.10

Alcor Micro 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 1.13 1.17 1.21 4.10 5.26

Competitive Comparison of Alcor Micro's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Alcor Micro'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.


Alcor Micro's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Alcor Micro's Cyclically Adjusted PS Ratio falls into.



Alcor Micro 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.

Alcor Micro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=163.50/28.13
=5.81

* 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.

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

For example, Alcor Micro'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)
=4.063/131.7762*131.7762
=4.063

Current CPI (Mar. 2024) = 131.7762.

Alcor Micro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.271 100.560 10.839
201409 8.226 100.428 10.794
201412 9.219 99.070 12.263
201503 7.733 99.621 10.229
201506 7.344 100.684 9.612
201509 7.097 100.392 9.316
201512 9.387 99.792 12.396
201603 6.746 100.470 8.848
201606 7.330 101.688 9.499
201609 6.997 101.861 9.052
201612 7.346 101.863 9.503
201703 6.106 102.862 7.822
201706 7.213 103.349 9.197
201709 6.930 104.136 8.769
201712 5.794 104.011 7.341
201803 5.304 105.290 6.638
201806 6.881 106.317 8.529
201809 5.910 106.507 7.312
201812 5.242 105.998 6.517
201903 4.452 107.251 5.470
201906 3.387 108.070 4.130
201909 4.270 108.329 5.194
201912 3.807 108.420 4.627
202003 3.245 108.902 3.927
202006 2.993 108.767 3.626
202009 4.694 109.815 5.633
202012 5.106 109.897 6.123
202103 6.226 111.754 7.341
202106 5.277 114.631 6.066
202109 4.252 115.734 4.841
202112 4.301 117.630 4.818
202203 3.970 121.301 4.313
202206 4.726 125.017 4.982
202209 5.094 125.227 5.360
202212 4.310 125.222 4.536
202303 4.290 127.348 4.439
202306 5.034 128.729 5.153
202309 5.053 129.860 5.128
202312 6.972 129.419 7.099
202403 4.063 131.776 4.063

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.


Alcor Micro  (ROCO:8054) 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.


Alcor Micro Cyclically Adjusted PS Ratio Related Terms

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


Alcor Micro (ROCO:8054) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.66, Sanchong Road, 9th Floor, Nangang District, Taipei, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers.

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