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Asia Vital Components Co (TPE:3017) Cyclically Adjusted PS Ratio : 6.29 (As of Jun. 03, 2024)


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What is Asia Vital Components Co Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Asia Vital Components Co's current share price is NT$769.00. Asia Vital Components Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$122.23. Asia Vital Components Co's Cyclically Adjusted PS Ratio for today is 6.29.

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

TPE:3017' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.94   Max: 6.29
Current: 6.29

During the past years, Asia Vital Components Co's highest Cyclically Adjusted PS Ratio was 6.29. The lowest was 0.37. And the median was 0.94.

TPE:3017's Cyclically Adjusted PS Ratio is ranked worse than
91.66% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs TPE:3017: 6.29

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.

Asia Vital Components Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$38.648. 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$122.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Vital Components Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Vital Components 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.

Asia Vital Components Co Cyclically Adjusted PS Ratio Chart

Asia Vital Components 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 0.55 0.83 0.95 1.04 2.85

Asia Vital Components 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 1.28 2.38 2.92 2.85 4.42

Competitive Comparison of Asia Vital Components Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Asia Vital Components 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.


Asia Vital Components Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Asia Vital Components 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.

Asia Vital Components Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=769.00/122.23
=6.29

* 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.

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

For example, Asia Vital Components 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)
=38.648/131.7762*131.7762
=38.648

Current CPI (Mar. 2024) = 131.7762.

Asia Vital Components Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.256 100.560 22.613
201409 16.982 100.428 22.283
201412 16.803 99.070 22.350
201503 16.447 99.621 21.756
201506 17.358 100.684 22.718
201509 18.850 100.392 24.743
201512 18.688 99.792 24.678
201603 17.892 100.470 23.467
201606 17.669 101.688 22.897
201609 18.349 101.861 23.738
201612 19.814 101.863 25.633
201703 17.953 102.862 22.999
201706 17.549 103.349 22.376
201709 18.818 104.136 23.813
201712 20.968 104.011 26.565
201803 18.162 105.290 22.731
201806 19.369 106.317 24.007
201809 21.243 106.507 26.283
201812 22.229 105.998 27.635
201903 19.332 107.251 23.753
201906 26.357 108.070 32.139
201909 27.648 108.329 33.632
201912 28.323 108.420 34.424
202003 20.931 108.902 25.328
202006 32.353 108.767 39.197
202009 28.096 109.815 33.715
202012 29.259 109.897 35.084
202103 29.624 111.754 34.931
202106 35.511 114.631 40.822
202109 32.843 115.734 37.395
202112 33.957 117.630 38.041
202203 35.208 121.301 38.248
202206 38.804 125.017 40.902
202209 41.921 125.227 44.114
202212 40.760 125.222 42.893
202303 32.933 127.348 34.078
202306 39.361 128.729 40.293
202309 41.139 129.860 41.746
202312 38.932 129.419 39.641
202403 38.648 131.776 38.648

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.


Asia Vital Components Co  (TPE:3017) 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.


Asia Vital Components Co Cyclically Adjusted PS Ratio Related Terms

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Asia Vital Components Co (TPE:3017) Business Description

Traded in Other Exchanges
Address
No.248-27, Xinsheng Road, Qianzhen District, Kaohsiung, TWN, 806
Asia Vital Components Co Ltd is a components manufacturer company. It has a large product portfolio consisting of cooling products, fans and blowers, casings, hinges, camera modules, touch panels, and system assembly solutions. The cooling technology used by the firm ranges from natural convection, forced convection, and evaporation conduction to liquid cooling and thermoelectric cooling. These technologies are integrated into computers, telecommunication equipment, and transportation, and other industrial applications. Its geographical segments are Asia, America, Europe, and Others.

Asia Vital Components Co (TPE:3017) Headlines

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