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Chicony Electronics Co (TPE:2385) Cyclically Adjusted PS Ratio : 1.22 (As of May. 26, 2024)


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What is Chicony Electronics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Chicony Electronics Co's current share price is NT$190.50. Chicony Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$155.63. Chicony Electronics Co's Cyclically Adjusted PS Ratio for today is 1.22.

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

TPE:2385' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 1.57
Current: 1.22

During the past years, Chicony Electronics Co's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.50. And the median was 0.67.

TPE:2385's Cyclically Adjusted PS Ratio is ranked worse than
53.64% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:2385: 1.22

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.

Chicony Electronics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$31.141. 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$155.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chicony Electronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chicony Electronics 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.

Chicony Electronics Co Cyclically Adjusted PS Ratio Chart

Chicony Electronics 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 0.74 0.70 0.60 0.58 1.14

Chicony Electronics 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 0.63 0.64 0.75 1.14 1.45

Competitive Comparison of Chicony Electronics Co's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Chicony Electronics 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.


Chicony Electronics Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Chicony Electronics 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.

Chicony Electronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=190.50/155.63
=1.22

* 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.

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

For example, Chicony Electronics 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)
=31.141/131.7762*131.7762
=31.141

Current CPI (Mar. 2024) = 131.7762.

Chicony Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.185 100.560 36.934
201409 29.641 100.428 38.893
201412 35.154 99.070 46.760
201503 26.546 99.621 35.114
201506 29.706 100.684 38.880
201509 30.838 100.392 40.479
201512 30.885 99.792 40.784
201603 24.379 100.470 31.975
201606 26.567 101.688 34.428
201609 30.527 101.861 39.492
201612 30.368 101.863 39.286
201703 24.726 102.862 31.676
201706 27.150 103.349 34.618
201709 31.198 104.136 39.479
201712 30.045 104.011 38.065
201803 25.422 105.290 31.817
201806 30.552 106.317 37.868
201809 35.861 106.507 44.369
201812 33.417 105.998 41.544
201903 27.623 107.251 33.940
201906 32.435 108.070 39.550
201909 37.509 108.329 45.627
201912 34.633 108.420 42.094
202003 25.794 108.902 31.212
202006 35.508 108.767 43.019
202009 37.261 109.815 44.713
202012 35.382 109.897 42.426
202103 35.391 111.754 41.732
202106 35.371 114.631 40.661
202109 38.210 115.734 43.506
202112 40.826 117.630 45.736
202203 40.215 121.301 43.688
202206 39.828 125.017 41.981
202209 42.699 125.227 44.932
202212 37.489 125.222 39.451
202303 31.343 127.348 32.433
202306 35.016 128.729 35.845
202309 35.411 129.860 35.934
202312 33.577 129.419 34.188
202403 31.141 131.776 31.141

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.


Chicony Electronics Co  (TPE:2385) 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.


Chicony Electronics Co Cyclically Adjusted PS Ratio Related Terms

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


Chicony Electronics Co (TPE:2385) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Guangfu Road, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The four major product lines are input devices, portable keyboard modules, visual and image products as well as camera lens modules, keyboards, Internet cameras and Notebook camera modules. The sales of sports video-recorders and external tablet keyboards have also been growing.

Chicony Electronics Co (TPE:2385) Headlines

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