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QST International (ROCO:8349) Cyclically Adjusted PS Ratio : 0.80 (As of Jun. 10, 2024)


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What is QST International Cyclically Adjusted PS Ratio?

As of today (2024-06-10), QST International's current share price is NT$70.30. QST International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$88.20. QST International's Cyclically Adjusted PS Ratio for today is 0.80.

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

ROCO:8349' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.72   Max: 1.08
Current: 0.8

During the past years, QST International's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.49. And the median was 0.72.

ROCO:8349's Cyclically Adjusted PS Ratio is ranked better than
68.71% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs ROCO:8349: 0.80

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.

QST International's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$20.585. 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$88.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


QST International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for QST International'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.

QST International Cyclically Adjusted PS Ratio Chart

QST International 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 0.83 0.84 0.67 0.63 0.71

QST International 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 0.71 0.71 0.72 0.71 0.76

Competitive Comparison of QST International's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, QST International'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.


QST International's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, QST International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



QST International 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.

QST International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.30/88.2
=0.80

* 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.

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

For example, QST International'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)
=20.585/131.7762*131.7762
=20.585

Current CPI (Mar. 2024) = 131.7762.

QST International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.668 100.560 13.980
201409 22.252 100.428 29.198
201412 24.033 99.070 31.967
201503 22.162 99.621 29.315
201506 22.038 100.684 28.844
201509 19.050 100.392 25.005
201512 20.489 99.792 27.056
201603 19.912 100.470 26.116
201606 20.506 101.688 26.573
201609 17.864 101.861 23.110
201612 17.270 101.863 22.342
201703 16.636 102.862 21.312
201706 22.013 103.349 28.068
201709 17.895 104.136 22.645
201712 18.315 104.011 23.204
201803 17.801 105.290 22.279
201806 19.481 106.317 24.146
201809 18.215 106.507 22.537
201812 17.228 105.998 21.418
201903 17.062 107.251 20.964
201906 16.979 108.070 20.704
201909 16.996 108.329 20.675
201912 16.613 108.420 20.192
202003 14.227 108.902 17.215
202006 11.721 108.767 14.200
202009 15.860 109.815 19.032
202012 17.580 109.897 21.080
202103 16.168 111.754 19.065
202106 16.356 114.631 18.802
202109 17.253 115.734 19.644
202112 15.931 117.630 17.847
202203 20.683 121.301 22.469
202206 16.632 125.017 17.531
202209 20.466 125.227 21.536
202212 19.299 125.222 20.309
202303 17.429 127.348 18.035
202306 19.456 128.729 19.917
202309 20.247 129.860 20.546
202312 22.140 129.419 22.543
202403 20.585 131.776 20.585

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.


QST International  (ROCO:8349) 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.


QST International Cyclically Adjusted PS Ratio Related Terms

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


QST International (ROCO:8349) Business Description

Traded in Other Exchanges
Address
3F., No.203, Sector 1, Chang Rong Road, Tainan, TWN, 70143
QST International Corp is a Taiwan-based company. It is engaged in manufacturing and distributing automotive and industrial fasteners. The company produces various fasteners, fittings, cold-formed parts, nuts, bolts, screw-machined parts, stampings, metal assemblies, and other products. The company also offers third-party testing and consulting services, training services, and logistics services. It also focuses on providing a remote inventory replenishment program.

QST International (ROCO:8349) Headlines

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