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Asrock (TPE:3515) Cyclically Adjusted PS Ratio : 1.78 (As of Jun. 10, 2024)


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What is Asrock Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Asrock's current share price is NT$229.00. Asrock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$128.47. Asrock's Cyclically Adjusted PS Ratio for today is 1.78.

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

TPE:3515' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.51   Max: 2.7
Current: 1.78

During the past years, Asrock's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.61. And the median was 1.51.

TPE:3515's Cyclically Adjusted PS Ratio is ranked worse than
66.23% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs TPE:3515: 1.78

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.

Asrock's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$40.617. 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$128.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asrock Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asrock'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.

Asrock Cyclically Adjusted PS Ratio Chart

Asrock 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 0.83 1.62 2.60 1.21 2.05

Asrock 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 1.18 1.83 1.71 2.05 1.98

Competitive Comparison of Asrock's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Asrock'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.


Asrock's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Asrock 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.

Asrock's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=229.00/128.47
=1.78

* 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.

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

For example, Asrock'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)
=40.617/131.7762*131.7762
=40.617

Current CPI (Mar. 2024) = 131.7762.

Asrock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.147 100.560 23.780
201409 20.187 100.428 26.488
201412 16.441 99.070 21.869
201503 15.878 99.621 21.003
201506 13.231 100.684 17.317
201509 16.111 100.392 21.148
201512 17.333 99.792 22.888
201603 15.882 100.470 20.831
201606 13.666 101.688 17.710
201609 15.234 101.861 19.708
201612 16.482 101.863 21.322
201703 16.950 102.862 21.715
201706 20.589 103.349 26.252
201709 20.948 104.136 26.508
201712 20.118 104.011 25.488
201803 21.730 105.290 27.196
201806 19.554 106.317 24.237
201809 20.127 106.507 24.902
201812 22.526 105.998 28.004
201903 23.201 107.251 28.507
201906 23.788 108.070 29.006
201909 32.041 108.329 38.976
201912 31.747 108.420 38.586
202003 29.642 108.902 35.868
202006 38.989 108.767 47.237
202009 42.977 109.815 51.572
202012 35.936 109.897 43.091
202103 38.573 111.754 45.484
202106 44.344 114.631 50.976
202109 33.467 115.734 38.106
202112 46.019 117.630 51.553
202203 40.987 121.301 44.527
202206 29.229 125.017 30.809
202209 28.802 125.227 30.308
202212 40.098 125.222 42.197
202303 35.877 127.348 37.125
202306 33.370 128.729 34.160
202309 40.152 129.860 40.745
202312 46.088 129.419 46.927
202403 40.617 131.776 40.617

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.


Asrock  (TPE:3515) 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.


Asrock Cyclically Adjusted PS Ratio Related Terms

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


Asrock (TPE:3515) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.37, Sec. 2, Jhongyang S. Road, 2nd Floor, Beitou District, Taipei City, TWN, 11270
Asrock Inc is specialized is engaged in the sales of motherboards and related product development and design. Its product offerings comprise motherboards, graphic cards, Gaming Monitor, Mini PC, Industrial PC, Server/WS.

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