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Alltek Technology (TPE:3209) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 08, 2024)


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What is Alltek Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Alltek Technology's current share price is NT$36.00. Alltek Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$218.69. Alltek Technology's Cyclically Adjusted PS Ratio for today is 0.16.

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

TPE:3209' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 0.23
Current: 0.17

During the past years, Alltek Technology's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.11. And the median was 0.16.

TPE:3209's Cyclically Adjusted PS Ratio is ranked better than
91.42% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:3209: 0.17

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.

Alltek Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$45.623. 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$218.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alltek Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alltek 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.

Alltek Technology Cyclically Adjusted PS Ratio Chart

Alltek 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 0.13 0.14 0.16 0.18 0.17

Alltek 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 0.20 0.20 0.16 0.17 0.17

Competitive Comparison of Alltek Technology's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Alltek 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.


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

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

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



Alltek 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.00/218.69
=0.16

* 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.

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

For example, Alltek 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)
=45.623/131.7762*131.7762
=45.623

Current CPI (Mar. 2024) = 131.7762.

Alltek Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 31.821 100.560 41.699
201409 31.846 100.428 41.787
201412 30.254 99.070 40.242
201503 30.875 99.621 40.841
201506 26.539 100.684 34.735
201509 36.209 100.392 47.529
201512 35.054 99.792 46.289
201603 36.390 100.470 47.729
201606 34.562 101.688 44.788
201609 41.311 101.861 53.443
201612 41.891 101.863 54.193
201703 45.062 102.862 57.729
201706 39.111 103.349 49.869
201709 48.333 104.136 61.162
201712 35.001 104.011 44.344
201803 33.765 105.290 42.259
201806 41.040 106.317 50.868
201809 44.165 106.507 54.643
201812 35.202 105.998 43.763
201903 39.259 107.251 48.237
201906 45.647 108.070 55.660
201909 53.383 108.329 64.937
201912 49.616 108.420 60.304
202003 43.593 108.902 52.750
202006 44.700 108.767 54.156
202009 52.855 109.815 63.425
202012 53.004 109.897 63.557
202103 53.146 111.754 62.668
202106 50.233 114.631 57.746
202109 62.840 115.734 71.550
202112 45.855 117.630 51.370
202203 69.319 121.301 75.305
202206 70.299 125.017 74.100
202209 72.210 125.227 75.987
202212 62.944 125.222 66.239
202303 65.199 127.348 67.466
202306 58.250 128.729 59.629
202309 60.769 129.860 61.666
202312 55.611 129.419 56.624
202403 45.623 131.776 45.623

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.


Alltek Technology  (TPE:3209) 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.


Alltek Technology Cyclically Adjusted PS Ratio Related Terms

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


Alltek Technology (TPE:3209) Business Description

Traded in Other Exchanges
N/A
Address
Ruei Guang Road, 9 Floor, No.360, Neihu, Taipei, TWN, 114
Alltek Technology Corp operates as a professional communication components distributor and solution provider. It provides wired broadband components, wireless communication components, optical communication components, voice processing components, communication protection components, and others. The company's segment include; Alltek Technology Corp, Alltek Group Corp, Pantek Technology Corp, and Others. Majority of the company's revenue is contributed by the Alltek Technology Corp segment. The company operates in Taiwan. China and Others.

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