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Nanya Technology (TPE:2408) Cyclically Adjusted PS Ratio : 2.82 (As of May. 27, 2024)


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What is Nanya Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Nanya Technology's current share price is NT$64.40. Nanya Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$22.86. Nanya Technology's Cyclically Adjusted PS Ratio for today is 2.82.

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

TPE:2408' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.71   Max: 4.04
Current: 2.82

During the past years, Nanya Technology's highest Cyclically Adjusted PS Ratio was 4.04. The lowest was 1.13. And the median was 2.71.

TPE:2408's Cyclically Adjusted PS Ratio is ranked worse than
57.18% of 682 companies
in the Semiconductors industry
Industry Median: 2.305 vs TPE:2408: 2.82

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.

Nanya Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.067. 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$22.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanya Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nanya Technology'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.

Nanya Technology Cyclically Adjusted PS Ratio Chart

Nanya Technology 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 1.94 3.16 3.44 2.19 3.43

Nanya Technology 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 2.82 3.03 2.83 3.43 2.96

Competitive Comparison of Nanya Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Nanya Technology'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.


Nanya Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Nanya Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.40/22.86
=2.82

* 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.

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

For example, Nanya Technology'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)
=3.067/131.7762*131.7762
=3.067

Current CPI (Mar. 2024) = 131.7762.

Nanya Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.812 100.560 6.306
201409 5.318 100.428 6.978
201412 5.022 99.070 6.680
201503 4.919 99.621 6.507
201506 4.563 100.684 5.972
201509 4.243 100.392 5.569
201512 4.262 99.792 5.628
201603 3.848 100.470 5.047
201606 3.153 101.688 4.086
201609 3.713 101.861 4.803
201612 4.403 101.863 5.696
201703 4.051 102.862 5.190
201706 4.514 103.349 5.756
201709 4.667 104.136 5.906
201712 5.412 104.011 6.857
201803 5.997 105.290 7.506
201806 7.741 106.317 9.595
201809 7.650 106.507 9.465
201812 5.341 105.998 6.640
201903 3.673 107.251 4.513
201906 4.075 108.070 4.969
201909 4.833 108.329 5.879
201912 4.237 108.420 5.150
202003 4.681 108.902 5.664
202006 5.377 108.767 6.514
202009 4.939 109.815 5.927
202012 4.797 109.897 5.752
202103 5.741 111.754 6.770
202106 7.309 114.631 8.402
202109 7.664 115.734 8.726
202112 6.894 117.630 7.723
202203 6.400 121.301 6.953
202206 5.787 125.017 6.100
202209 3.548 125.227 3.734
202212 2.551 125.222 2.685
202303 2.074 127.348 2.146
202306 2.279 128.729 2.333
202309 2.502 129.860 2.539
202312 2.809 129.419 2.860
202403 3.067 131.776 3.067

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.


Nanya Technology  (TPE:2408) 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.


Nanya Technology Cyclically Adjusted PS Ratio Related Terms

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


Nanya Technology (TPE:2408) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Nanlin Road, Dake Village, Taishan District, New Taipei City, TWN, 243-08
Nanya Technology Corp is a manufacturer that specializes in DRAM(Dynamic Random Access Memory) chips. The products offered by the company include Standard DRAM, Low Power DRAM, MCP, and Module among others.

Nanya Technology (TPE:2408) Headlines

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