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Synopex (XKRX:025320) Cyclically Adjusted PS Ratio : 3.09 (As of Jun. 08, 2024)


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What is Synopex Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Synopex's current share price is ₩10940.00. Synopex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩3,536.05. Synopex's Cyclically Adjusted PS Ratio for today is 3.09.

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

XKRX:025320' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.52   Max: 3.31
Current: 2.84

During the past years, Synopex's highest Cyclically Adjusted PS Ratio was 3.31. The lowest was 0.16. And the median was 0.52.

XKRX:025320's Cyclically Adjusted PS Ratio is ranked worse than
78.17% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs XKRX:025320: 2.84

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.

Synopex's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩852.680. 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 ₩3,536.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synopex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Synopex'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.

Synopex Cyclically Adjusted PS Ratio Chart

Synopex 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 0.38 0.68 0.52 0.56 2.07

Synopex 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 0.65 0.80 0.90 2.07 2.52

Competitive Comparison of Synopex's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Synopex'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.


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

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

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



Synopex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10940.00/3536.05
=3.09

* 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.

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

For example, Synopex'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)
=852.68/118.8477*118.8477
=852.680

Current CPI (Mar. 2024) = 118.8477.

Synopex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,671.830 99.353 1,999.871
201409 2,039.349 99.608 2,433.258
201412 1,938.021 99.098 2,324.258
201503 1,215.548 99.720 1,448.707
201506 686.529 100.050 815.516
201509 679.743 100.110 806.971
201512 578.428 100.220 685.939
201603 576.477 100.560 681.314
201606 424.386 100.790 500.420
201609 767.268 101.460 898.758
201612 601.941 101.560 704.404
201703 675.361 102.850 780.409
201706 695.293 102.610 805.321
201709 714.208 103.490 820.195
201712 629.183 102.990 726.060
201803 651.281 104.100 743.547
201806 445.978 104.130 509.012
201809 240.170 105.650 270.172
201812 516.359 104.350 588.099
201903 664.275 104.490 755.551
201906 854.586 104.880 968.398
201909 726.532 105.200 820.786
201912 636.284 105.120 719.377
202003 713.302 105.540 803.243
202006 494.618 104.870 560.544
202009 989.040 106.200 1,106.828
202012 617.351 105.765 693.712
202103 647.178 107.357 716.446
202106 554.959 107.579 613.092
202109 882.536 108.759 964.400
202112 866.916 109.676 939.409
202203 913.487 111.806 971.021
202206 775.902 114.083 808.309
202209 687.826 114.831 711.884
202212 579.476 115.200 597.824
202303 928.186 116.550 946.488
202306 641.739 117.140 651.095
202309 849.287 119.111 847.408
202312 769.743 118.848 769.743
202403 852.680 118.848 852.680

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.


Synopex  (XKRX:025320) 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.


Synopex Cyclically Adjusted PS Ratio Related Terms

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


Synopex (XKRX:025320) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pohang Steel Industrial Estate 3, 856 Songdong-ri Daesong-myeon, Pohang, KOR, 790-840
Synopex Inc is engaged in the provision of flexible printed circuit boards (FPCB) for connecting circuits between electronic components and used in computers and peripherals, cell phones, printers, and medical equipment. It also provides membrane filtration water purification facilities.

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