GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Prosperity Dielectrics Co Ltd (ROCO:6173) » Definitions » Cyclically Adjusted PS Ratio

Prosperity Dielectrics Co (ROCO:6173) Cyclically Adjusted PS Ratio : 1.82 (As of Jun. 04, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Prosperity Dielectrics Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Prosperity Dielectrics Co's current share price is NT$49.80. Prosperity Dielectrics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$27.40. Prosperity Dielectrics Co's Cyclically Adjusted PS Ratio for today is 1.82.

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

ROCO:6173' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.38   Max: 3.87
Current: 1.8

During the past years, Prosperity Dielectrics Co's highest Cyclically Adjusted PS Ratio was 3.87. The lowest was 1.22. And the median was 2.38.

ROCO:6173's Cyclically Adjusted PS Ratio is ranked better than
58.59% of 681 companies
in the Semiconductors industry
Industry Median: 2.32 vs ROCO:6173: 1.80

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.

Prosperity Dielectrics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$5.087. 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$27.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosperity Dielectrics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prosperity Dielectrics 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.

Prosperity Dielectrics Co Cyclically Adjusted PS Ratio Chart

Prosperity Dielectrics 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 3.82 3.37 2.63 1.35 1.82

Prosperity Dielectrics 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 1.52 1.64 1.71 1.82 1.66

Competitive Comparison of Prosperity Dielectrics Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Prosperity Dielectrics 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.


Prosperity Dielectrics Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Prosperity Dielectrics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.80/27.4
=1.82

* 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.

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

For example, Prosperity Dielectrics Co'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)
=5.087/131.7762*131.7762
=5.087

Current CPI (Mar. 2024) = 131.7762.

Prosperity Dielectrics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.690 100.560 4.835
201409 3.683 100.428 4.833
201412 3.426 99.070 4.557
201503 3.154 99.621 4.172
201506 3.167 100.684 4.145
201509 3.344 100.392 4.389
201512 3.292 99.792 4.347
201603 3.375 100.470 4.427
201606 3.773 101.688 4.889
201609 3.775 101.861 4.884
201612 3.673 101.863 4.752
201703 3.999 102.862 5.123
201706 4.250 103.349 5.419
201709 4.589 104.136 5.807
201712 4.734 104.011 5.998
201803 5.494 105.290 6.876
201806 8.376 106.317 10.382
201809 11.020 106.507 13.635
201812 8.406 105.998 10.450
201903 7.555 107.251 9.283
201906 6.263 108.070 7.637
201909 5.688 108.329 6.919
201912 5.804 108.420 7.054
202003 6.279 108.902 7.598
202006 7.637 108.767 9.253
202009 8.384 109.815 10.061
202012 7.925 109.897 9.503
202103 8.474 111.754 9.992
202106 9.518 114.631 10.942
202109 9.195 115.734 10.470
202112 7.829 117.630 8.771
202203 7.415 121.301 8.055
202206 6.834 125.017 7.204
202209 5.080 125.227 5.346
202212 4.785 125.222 5.035
202303 5.127 127.348 5.305
202306 5.666 128.729 5.800
202309 5.573 129.860 5.655
202312 5.007 129.419 5.098
202403 5.087 131.776 5.087

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.


Prosperity Dielectrics Co  (ROCO:6173) 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.


Prosperity Dielectrics Co Cyclically Adjusted PS Ratio Related Terms

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


Prosperity Dielectrics Co (ROCO:6173) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860
Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

Prosperity Dielectrics Co (ROCO:6173) Headlines

No Headlines