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Qisda (TPE:2352) Cyclically Adjusted PS Ratio : 0.39 (As of May. 27, 2024)


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What is Qisda Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Qisda's current share price is NT$40.00. Qisda's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$103.64. Qisda's Cyclically Adjusted PS Ratio for today is 0.39.

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

TPE:2352' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.32   Max: 0.54
Current: 0.38

During the past years, Qisda's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.19. And the median was 0.32.

TPE:2352's Cyclically Adjusted PS Ratio is ranked better than
78.42% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:2352: 0.38

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.

Qisda's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$23.801. 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$103.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qisda Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Qisda'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.

Qisda Cyclically Adjusted PS Ratio Chart

Qisda 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 0.29 0.38 0.36 0.29 0.47

Qisda 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 0.32 0.46 0.44 0.47 0.43

Competitive Comparison of Qisda's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Qisda'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.


Qisda's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Qisda 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.

Qisda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.00/103.64
=0.39

* 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.

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

For example, Qisda'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)
=23.801/131.7762*131.7762
=23.801

Current CPI (Mar. 2024) = 131.7762.

Qisda Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.824 100.560 22.047
201409 17.457 100.428 22.906
201412 17.764 99.070 23.629
201503 16.273 99.621 21.526
201506 16.604 100.684 21.731
201509 16.823 100.392 22.082
201512 17.364 99.792 22.929
201603 15.992 100.470 20.975
201606 15.809 101.688 20.487
201609 16.099 101.861 20.827
201612 17.159 101.863 22.198
201703 15.900 102.862 20.369
201706 16.627 103.349 21.200
201709 17.590 104.136 22.259
201712 18.670 104.011 23.654
201803 17.922 105.290 22.430
201806 19.431 106.317 24.084
201809 19.926 106.507 24.654
201812 21.413 105.998 26.621
201903 20.058 107.251 24.645
201906 20.981 108.070 25.584
201909 21.610 108.329 26.287
201912 23.221 108.420 28.223
202003 19.703 108.902 23.842
202006 22.098 108.767 26.773
202009 26.023 109.815 31.227
202012 29.050 109.897 34.834
202103 25.625 111.754 30.216
202106 28.100 114.631 32.303
202109 28.696 115.734 32.674
202112 31.454 117.630 35.237
202203 30.676 121.301 33.325
202206 31.982 125.017 33.711
202209 30.010 125.227 31.580
202212 28.532 125.222 30.025
202303 25.426 127.348 26.310
202306 26.463 128.729 27.089
202309 25.562 129.860 25.939
202312 25.744 129.419 26.213
202403 23.801 131.776 23.801

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.


Qisda  (TPE:2352) 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.


Qisda Cyclically Adjusted PS Ratio Related Terms

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


Qisda (TPE:2352) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 157, Shan-Ying Road, Gueishan, Taoyuan, TWN, 333
Qisda Corp is a Taiwan-based original equipment manufacturer of electronic products for use in consumer, commercial, medical, and industrial applications. Its products include LCD monitors, all-in-one PCs, digital signage and professional displays, projectors, scanners, multifunctional printers, smartphones, medical gateways, automobile infotainment devices, and tablets. The company's segment includes DMS; Brand; Material; Medical and Networks. It generates maximum revenue from the DMS segment.

Qisda (TPE:2352) Headlines

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