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Synnex Technology International (TPE:2347) Cyclically Adjusted PS Ratio : 0.32 (As of May. 26, 2024)


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What is Synnex Technology International Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Synnex Technology International's current share price is NT$83.40. Synnex Technology International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$262.93. Synnex Technology International's Cyclically Adjusted PS Ratio for today is 0.32.

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

TPE:2347' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.23   Max: 0.33
Current: 0.32

During the past years, Synnex Technology International's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.16. And the median was 0.23.

TPE:2347's Cyclically Adjusted PS Ratio is ranked better than
81.43% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:2347: 0.32

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.

Synnex Technology International's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$62.202. 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$262.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synnex Technology International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Synnex Technology 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.

Synnex Technology International Cyclically Adjusted PS Ratio Chart

Synnex Technology 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 0.18 0.22 0.28 0.24 0.27

Synnex Technology 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 0.24 0.23 0.25 0.27 0.29

Competitive Comparison of Synnex Technology International's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Synnex Technology 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.


Synnex Technology International's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Synnex Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.40/262.93
=0.32

* 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.

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

For example, Synnex Technology 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)
=62.202/131.7762*131.7762
=62.202

Current CPI (Mar. 2024) = 131.7762.

Synnex Technology International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 46.479 100.560 60.907
201409 54.305 100.428 71.256
201412 50.800 99.070 67.571
201503 42.109 99.621 55.701
201506 43.954 100.684 57.527
201509 50.409 100.392 66.168
201512 56.482 99.792 74.585
201603 46.459 100.470 60.935
201606 50.023 101.688 64.824
201609 54.302 101.861 70.250
201612 54.343 101.863 70.302
201703 45.887 102.862 58.786
201706 48.516 103.349 61.861
201709 60.293 104.136 76.297
201712 64.129 104.011 81.248
201803 53.552 105.290 67.024
201806 54.341 106.317 67.354
201809 62.687 106.507 77.560
201812 59.187 105.998 73.581
201903 48.762 107.251 59.913
201906 46.743 108.070 56.997
201909 52.296 108.329 63.615
201912 55.923 108.420 67.970
202003 41.191 108.902 49.843
202006 45.543 108.767 55.177
202009 53.853 109.815 64.623
202012 59.907 109.897 71.834
202103 52.007 111.754 61.325
202106 57.904 114.631 66.564
202109 60.837 115.734 69.270
202112 74.297 117.630 83.232
202203 60.472 121.301 65.694
202206 62.160 125.017 65.521
202209 65.181 125.227 68.590
202212 66.814 125.222 70.311
202303 53.119 127.348 54.966
202306 57.027 128.729 58.377
202309 58.966 129.860 59.836
202312 68.458 129.419 69.705
202403 62.202 131.776 62.202

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.


Synnex Technology International  (TPE:2347) 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.


Synnex Technology International Cyclically Adjusted PS Ratio Related Terms

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


Synnex Technology International (TPE:2347) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Mingshen East Road, 4th Floor, Section 3, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, warehouse and logistics services, and maintenance and technical services. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, out of which China and Hongkong is the key source of revenue.

Synnex Technology International (TPE:2347) Headlines

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