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V Technology Co (V Technology Co) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 12, 2024)


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What is V Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), V Technology Co's current share price is $18.18. V Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $39.45. V Technology Co's Cyclically Adjusted PS Ratio for today is 0.46.

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

VCHYF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.18   Max: 6.12
Current: 0.59

During the past years, V Technology Co's highest Cyclically Adjusted PS Ratio was 6.12. The lowest was 0.37. And the median was 1.18.

VCHYF's Cyclically Adjusted PS Ratio is ranked better than
68.57% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs VCHYF: 0.59

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.

V Technology Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.873. 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 $39.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


V Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for V Technology Co'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.

V Technology Co Cyclically Adjusted PS Ratio Chart

V Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.38 0.75 0.57 -

V Technology Co 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 0.57 0.48 0.41 0.55 -

Competitive Comparison of V Technology Co's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, V Technology Co'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.


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

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

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



V Technology Co 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.18/39.45
=0.46

* 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.

V Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, V Technology Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.873/106.8000*106.8000
=4.873

Current CPI (Dec. 2023) = 106.8000.

V Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.090 95.700 5.680
201406 2.949 98.000 3.214
201409 1.306 98.500 1.416
201412 2.039 97.900 2.224
201503 8.832 97.900 9.635
201506 4.388 98.400 4.763
201509 6.577 98.500 7.131
201512 10.850 98.100 11.812
201603 13.155 97.900 14.351
201606 9.860 98.100 10.734
201609 8.659 98.000 9.437
201612 7.330 98.400 7.956
201703 16.233 98.100 17.673
201706 7.334 98.500 7.952
201709 13.846 98.800 14.967
201712 16.083 99.400 17.280
201803 23.648 99.200 25.460
201806 14.050 99.200 15.126
201809 20.188 99.900 21.582
201812 15.881 99.700 17.012
201903 15.208 99.700 16.291
201906 18.095 99.800 19.364
201909 15.517 100.100 16.556
201912 14.852 100.500 15.783
202003 3.465 100.300 3.690
202006 9.899 99.900 10.583
202009 17.555 99.900 18.768
202012 13.230 99.300 14.229
202103 13.024 99.900 13.924
202106 12.299 99.500 13.201
202109 13.175 100.100 14.057
202112 8.804 100.100 9.393
202203 12.726 101.100 13.443
202206 6.018 101.800 6.314
202209 8.296 103.100 8.594
202212 8.127 104.100 8.338
202303 10.254 104.400 10.490
202306 4.206 105.200 4.270
202309 4.606 106.200 4.632
202312 4.873 106.800 4.873

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.


V Technology Co  (OTCPK:VCHYF) 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.


V Technology Co Cyclically Adjusted PS Ratio Related Terms

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


V Technology Co (V Technology Co) Business Description

Traded in Other Exchanges
Address
YBP East Tower 9F, 134 Godo-cho, Hodogaya-ku, Yokohama, JPN, 240-00005
V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.

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