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Delta Electronics (LUX:DELEC) Cyclically Adjusted PS Ratio : 2.79 (As of Jun. 08, 2024)


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What is Delta Electronics Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Delta Electronics's current share price is $53.00. Delta Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.02. Delta Electronics's Cyclically Adjusted PS Ratio for today is 2.79.

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

LUX:DELEC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.52   Max: 3.45
Current: 2.67

During the past years, Delta Electronics's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 1.36. And the median was 2.52.

LUX:DELEC's Cyclically Adjusted PS Ratio is ranked worse than
76.51% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs LUX:DELEC: 2.67

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.

Delta Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.499. 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 $19.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics Cyclically Adjusted PS Ratio Chart

Delta Electronics 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 1.76 2.93 2.74 2.54 2.61

Delta Electronics 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 2.65 2.95 2.72 2.61 2.81

Competitive Comparison of Delta Electronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Delta Electronics 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.

Delta Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.00/19.02
=2.79

* 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.

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

For example, Delta Electronics'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)
=2.499/131.7762*131.7762
=2.499

Current CPI (Mar. 2024) = 131.7762.

Delta Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.232 100.560 4.235
201409 3.403 100.428 4.465
201412 3.231 99.070 4.298
201503 2.798 99.621 3.701
201506 3.200 100.684 4.188
201509 3.483 100.392 4.572
201512 3.404 99.792 4.495
201603 2.765 100.470 3.627
201606 3.133 101.688 4.060
201609 3.474 101.861 4.494
201612 3.375 101.863 4.366
201703 3.016 102.862 3.864
201706 3.403 103.349 4.339
201709 3.796 104.136 4.804
201712 3.893 104.011 4.932
201803 3.333 105.290 4.171
201806 3.700 106.317 4.586
201809 3.978 106.507 4.922
201812 4.001 105.998 4.974
201903 3.361 107.251 4.130
201906 4.503 108.070 5.491
201909 4.455 108.329 5.419
201912 4.309 108.420 5.237
202003 3.541 108.902 4.285
202006 4.582 108.767 5.551
202009 5.090 109.815 6.108
202012 5.342 109.897 6.406
202103 4.922 111.754 5.804
202106 5.455 114.631 6.271
202109 5.504 115.734 6.267
202112 5.781 117.630 6.476
202203 5.571 121.301 6.052
202206 5.839 125.017 6.155
202209 6.521 125.227 6.862
202212 6.596 125.222 6.941
202303 2.201 127.348 2.278
202306 6.261 128.729 6.409
202309 6.450 129.860 6.545
202312 6.116 129.419 6.227
202403 2.499 131.776 2.499

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.


Delta Electronics  (LUX:DELEC) 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.


Delta Electronics Cyclically Adjusted PS Ratio Related Terms

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


Delta Electronics (LUX:DELEC) Business Description

Traded in Other Exchanges
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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