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AcBel Polytech (TPE:6282) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 08, 2024)


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What is AcBel Polytech Cyclically Adjusted PS Ratio?

As of today (2024-06-08), AcBel Polytech's current share price is NT$37.60. AcBel Polytech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$45.57. AcBel Polytech's Cyclically Adjusted PS Ratio for today is 0.83.

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

TPE:6282' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.61   Max: 1.2
Current: 0.82

During the past years, AcBel Polytech's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.37. And the median was 0.61.

TPE:6282's Cyclically Adjusted PS Ratio is ranked better than
68.2% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs TPE:6282: 0.82

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.

AcBel Polytech's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$8.393. 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$45.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AcBel Polytech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AcBel Polytech'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.

AcBel Polytech Cyclically Adjusted PS Ratio Chart

AcBel Polytech 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 0.54 0.65 0.78 0.62 0.91

AcBel Polytech 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 0.80 1.02 0.95 0.91 0.85

Competitive Comparison of AcBel Polytech's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, AcBel Polytech'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.


AcBel Polytech's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AcBel Polytech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AcBel Polytech 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.

AcBel Polytech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.60/45.57
=0.83

* 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.

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

For example, AcBel Polytech'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)
=8.393/131.7762*131.7762
=8.393

Current CPI (Mar. 2024) = 131.7762.

AcBel Polytech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.766 100.560 15.419
201409 11.250 100.428 14.762
201412 10.666 99.070 14.187
201503 9.369 99.621 12.393
201506 9.066 100.684 11.866
201509 9.661 100.392 12.681
201512 9.706 99.792 12.817
201603 8.741 100.470 11.465
201606 9.184 101.688 11.901
201609 9.281 101.861 12.007
201612 8.930 101.863 11.552
201703 7.771 102.862 9.955
201706 8.486 103.349 10.820
201709 8.595 104.136 10.876
201712 8.131 104.011 10.302
201803 6.928 105.290 8.671
201806 8.769 106.317 10.869
201809 9.539 106.507 11.802
201812 9.247 105.998 11.496
201903 9.464 107.251 11.628
201906 9.727 108.070 11.861
201909 9.675 108.329 11.769
201912 9.068 108.420 11.021
202003 8.923 108.902 10.797
202006 9.289 108.767 11.254
202009 10.351 109.815 12.421
202012 10.045 109.897 12.045
202103 8.932 111.754 10.532
202106 9.067 114.631 10.423
202109 10.791 115.734 12.287
202112 11.596 117.630 12.991
202203 10.258 121.301 11.144
202206 11.217 125.017 11.823
202209 10.636 125.227 11.192
202212 8.261 125.222 8.693
202303 7.306 127.348 7.560
202306 9.581 128.729 9.808
202309 12.295 129.860 12.476
202312 9.520 129.419 9.693
202403 8.393 131.776 8.393

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.


AcBel Polytech  (TPE:6282) 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.


AcBel Polytech Cyclically Adjusted PS Ratio Related Terms

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


AcBel Polytech (TPE:6282) Business Description

Traded in Other Exchanges
N/A
Address
No. 159, Sec. 3, Danjin Road, Tanshui District, New Taipei City, Taipei, TWN, 251
AcBel Polytech Inc is a Taiwanese technological company that develops, manufactures, and sells power-management solutions globally. The company offers a wide range of custom-designed power supplies, ranging from 3W up to 10,000W per power module, to meet clients' needs in industries like information technology, communication, consumer electronics, networks, and industrial automation. The company has sales offices in China, Japan, the U.S., and the U.K. Its manufacturing units are in Taiwan, China, and the Philippines.

AcBel Polytech (TPE:6282) Headlines

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