GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Unimicron Technology Corp (TPE:3037) » Definitions » Cyclically Adjusted PS Ratio

Unimicron Technology (TPE:3037) Cyclically Adjusted PS Ratio : 2.80 (As of May. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Unimicron Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Unimicron Technology's current share price is NT$189.00. Unimicron Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$67.42. Unimicron Technology's Cyclically Adjusted PS Ratio for today is 2.80.

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

TPE:3037' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.24   Max: 4.65
Current: 2.8

During the past years, Unimicron Technology's highest Cyclically Adjusted PS Ratio was 4.65. The lowest was 0.57. And the median was 2.24.

TPE:3037's Cyclically Adjusted PS Ratio is ranked worse than
78.1% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:3037: 2.80

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.

Unimicron Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$17.284. 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$67.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unimicron Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Unimicron 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.

Unimicron Technology Cyclically Adjusted PS Ratio Chart

Unimicron 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 0.88 1.78 4.23 1.94 2.68

Unimicron 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 2.33 2.73 2.65 2.68 2.86

Competitive Comparison of Unimicron Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Unimicron 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.


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

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

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



Unimicron 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=189.00/67.42
=2.80

* 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.

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

For example, Unimicron 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)
=17.284/131.7762*131.7762
=17.284

Current CPI (Mar. 2024) = 131.7762.

Unimicron Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.541 100.560 12.503
201409 10.506 100.428 13.785
201412 10.856 99.070 14.440
201503 8.810 99.621 11.654
201506 10.548 100.684 13.805
201509 11.011 100.392 14.453
201512 11.500 99.792 15.186
201603 10.243 100.470 13.435
201606 9.874 101.688 12.796
201609 10.558 101.861 13.659
201612 11.047 101.863 14.291
201703 9.857 102.862 12.628
201706 9.585 103.349 12.221
201709 11.579 104.136 14.652
201712 12.524 104.011 15.867
201803 11.015 105.290 13.786
201806 11.959 106.317 14.823
201809 14.163 106.507 17.523
201812 13.560 105.998 16.858
201903 11.800 107.251 14.498
201906 13.320 108.070 16.242
201909 15.651 108.329 19.039
201912 15.048 108.420 18.290
202003 14.047 108.902 16.998
202006 14.820 108.767 17.955
202009 15.742 109.815 18.890
202012 15.193 109.897 18.218
202103 14.821 111.754 17.476
202106 16.304 114.631 18.743
202109 19.030 115.734 21.668
202112 20.667 117.630 23.153
202203 20.760 121.301 22.553
202206 23.830 125.017 25.118
202209 24.629 125.227 25.917
202212 23.281 125.222 24.500
202303 17.349 127.348 17.952
202306 16.480 128.729 16.870
202309 17.326 129.860 17.582
202312 16.569 129.419 16.871
202403 17.284 131.776 17.284

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.


Unimicron Technology  (TPE:3037) 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.


Unimicron Technology Cyclically Adjusted PS Ratio Related Terms

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


Unimicron Technology (TPE:3037) Business Description

Traded in Other Exchanges
N/A
Address
No. 179, Shanying Road, Guishan District, Taoyuan, TWN
Unimicron Technology Corporation manufactures and distributes printed circuit boards and integrated circuit products. The company is based in Taiwan and earns its revenue in the Asia region, but also has operations in America and domestically within Taiwan. Unimicron manufactures printed circuit boards, multilayer chip scale packages, ball grid array, system in package, embedded passive products, super-thin substrate, and flip chip substrate, to be used in mobile devices, telecommunications applications, and laptop computers.

Unimicron Technology (TPE:3037) Headlines

No Headlines