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Tripod Technology (TPE:3044) Cyclically Adjusted PS Ratio : 1.81 (As of Jun. 10, 2024)


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What is Tripod Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Tripod Technology's current share price is NT$214.50. Tripod Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$118.64. Tripod Technology's Cyclically Adjusted PS Ratio for today is 1.81.

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

TPE:3044' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.25   Max: 1.94
Current: 1.81

During the past years, Tripod Technology's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.78. And the median was 1.25.

TPE:3044's Cyclically Adjusted PS Ratio is ranked worse than
66.7% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs TPE:3044: 1.81

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.

Tripod Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$28.967. 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$118.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tripod Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tripod 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.

Tripod Technology Cyclically Adjusted PS Ratio Chart

Tripod 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 1.39 1.28 1.22 0.85 1.68

Tripod 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 0.99 1.08 1.66 1.68 1.73

Competitive Comparison of Tripod Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Tripod 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.


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

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

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



Tripod 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=214.50/118.64
=1.81

* 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.

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

For example, Tripod 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)
=28.967/131.7762*131.7762
=28.967

Current CPI (Mar. 2024) = 131.7762.

Tripod Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.454 100.560 25.493
201409 21.202 100.428 27.820
201412 20.709 99.070 27.546
201503 18.812 99.621 24.884
201506 19.220 100.684 25.155
201509 22.533 100.392 29.577
201512 21.039 99.792 27.782
201603 18.767 100.470 24.615
201606 20.118 101.688 26.071
201609 21.898 101.861 28.329
201612 21.035 101.863 27.212
201703 19.425 102.862 24.885
201706 20.107 103.349 25.638
201709 23.258 104.136 29.431
201712 23.485 104.011 29.754
201803 21.755 105.290 27.228
201806 24.060 106.317 29.822
201809 27.723 106.507 34.300
201812 24.276 105.998 30.180
201903 22.712 107.251 27.906
201906 25.035 108.070 30.527
201909 28.397 108.329 34.543
201912 26.178 108.420 31.817
202003 21.917 108.902 26.521
202006 24.640 108.767 29.852
202009 29.673 109.815 35.607
202012 28.165 109.897 33.772
202103 28.497 111.754 33.602
202106 28.502 114.631 32.765
202109 30.590 115.734 34.830
202112 31.326 117.630 35.093
202203 32.808 121.301 35.641
202206 31.403 125.017 33.101
202209 32.450 125.227 34.147
202212 26.758 125.222 28.159
202303 26.892 127.348 27.827
202306 25.527 128.729 26.131
202309 30.746 129.860 31.200
202312 28.142 129.419 28.654
202403 28.967 131.776 28.967

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.


Tripod Technology  (TPE:3044) 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.


Tripod Technology Cyclically Adjusted PS Ratio Related Terms

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


Tripod Technology (TPE:3044) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Kuang-Yeh 5th Road, Ping-Jen Industrial Park, Ping-jen District, Taoyuan, TWN
Tripod Technology Corporation manufactures and distributes printed circuit boards. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in China, however, the company also does business in Taiwan, Malaysia, and South Korea among others.

Tripod Technology (TPE:3044) Headlines

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