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Dreamtech Co (XKRX:192650) Cyclically Adjusted PS Ratio : 0.35 (As of May. 26, 2024)


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What is Dreamtech Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Dreamtech Co's current share price is ₩9380.00. Dreamtech Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ₩26,944.30. Dreamtech Co's Cyclically Adjusted PS Ratio for today is 0.35.

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

XKRX:192650' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 0.49
Current: 0.36

During the past 13 years, Dreamtech Co's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.02. And the median was 0.14.

XKRX:192650's Cyclically Adjusted PS Ratio is ranked better than
79.29% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs XKRX:192650: 0.36

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.

Dreamtech Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ₩15,200.271. 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 ₩26,944.30 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dreamtech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dreamtech 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.

Dreamtech Co Cyclically Adjusted PS Ratio Chart

Dreamtech Co 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 0.03 0.07 0.15 0.27 0.48

Dreamtech 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 - - - 0.48 -

Competitive Comparison of Dreamtech Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Dreamtech 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.


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

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

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



Dreamtech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9380.00/26944.3
=0.35

* 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.

Dreamtech Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dreamtech Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=15200.271/118.8477*118.8477
=15,200.271

Current CPI (Dec23) = 118.8477.

Dreamtech Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 47,439.371 99.098 56,893.783
201512 36,740.463 100.220 43,569.343
201612 55,319.937 101.560 64,736.582
201712 12,236.448 102.990 14,120.533
201812 5,507.701 104.350 6,272.905
201912 9,163.356 105.120 10,360.006
202012 15,283.355 105.765 17,173.779
202112 18,707.728 109.676 20,272.095
202212 20,203.766 115.200 20,843.463
202312 15,200.271 118.848 15,200.271

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.


Dreamtech Co  (XKRX:192650) 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.


Dreamtech Co Cyclically Adjusted PS Ratio Related Terms

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


Dreamtech Co (XKRX:192650) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd & 4th Floor, Uniquest Building, 314 Hwangsaeul-ro, Bundang, Seongnam, Gyeonggi, KOR, 463-824
Dreamtech Co Ltd is engaged in the development and production of mobile phone modules. It provides customized solutions for OLED display modules, fingerprint sensor modules, automotive LED modules, IT convergence, sensor packages and medical devices.

Dreamtech Co (XKRX:192650) Headlines

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