GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » United Alloy-Tech Co Ltd (ROCO:3162) » Definitions » Cyclically Adjusted PS Ratio

United Alloy-Tech Co (ROCO:3162) Cyclically Adjusted PS Ratio : 1.71 (As of Jun. 09, 2024)


View and export this data going back to 2005. Start your Free Trial

What is United Alloy-Tech Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), United Alloy-Tech Co's current share price is NT$33.10. United Alloy-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$19.32. United Alloy-Tech Co's Cyclically Adjusted PS Ratio for today is 1.71.

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

ROCO:3162' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.26   Max: 3.25
Current: 1.71

During the past years, United Alloy-Tech Co's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 0.50. And the median was 2.26.

ROCO:3162's Cyclically Adjusted PS Ratio is ranked worse than
54.78% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs ROCO:3162: 1.71

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.

United Alloy-Tech Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$5.340. 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$19.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Alloy-Tech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Alloy-Tech 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.

United Alloy-Tech Co Cyclically Adjusted PS Ratio Chart

United Alloy-Tech 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 0.89 1.36 2.52 2.68 2.62

United Alloy-Tech 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 3.22 2.77 2.60 2.62 2.01

Competitive Comparison of United Alloy-Tech Co's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, United Alloy-Tech 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.


United Alloy-Tech Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Alloy-Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where United Alloy-Tech Co's Cyclically Adjusted PS Ratio falls into.



United Alloy-Tech 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.

United Alloy-Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.10/19.32
=1.71

* 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.

United Alloy-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Alloy-Tech 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)
=5.34/131.7762*131.7762
=5.340

Current CPI (Mar. 2024) = 131.7762.

United Alloy-Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.471 100.560 5.859
201409 6.178 100.428 8.106
201412 4.987 99.070 6.633
201503 5.495 99.621 7.269
201506 6.214 100.684 8.133
201509 4.879 100.392 6.404
201512 4.903 99.792 6.474
201603 4.064 100.470 5.330
201606 4.555 101.688 5.903
201609 4.445 101.861 5.750
201612 4.125 101.863 5.336
201703 3.387 102.862 4.339
201706 3.430 103.349 4.373
201709 3.991 104.136 5.050
201712 2.951 104.011 3.739
201803 1.591 105.290 1.991
201806 1.705 106.317 2.113
201809 2.395 106.507 2.963
201812 1.878 105.998 2.335
201903 2.285 107.251 2.808
201906 2.117 108.070 2.581
201909 2.723 108.329 3.312
201912 2.661 108.420 3.234
202003 2.233 108.902 2.702
202006 1.737 108.767 2.104
202009 2.323 109.815 2.788
202012 2.618 109.897 3.139
202103 2.152 111.754 2.538
202106 4.558 114.631 5.240
202109 3.344 115.734 3.808
202112 4.153 117.630 4.652
202203 3.133 121.301 3.404
202206 4.855 125.017 5.117
202209 5.733 125.227 6.033
202212 7.377 125.222 7.763
202303 6.510 127.348 6.736
202306 6.288 128.729 6.437
202309 6.174 129.860 6.265
202312 8.975 129.419 9.138
202403 5.340 131.776 5.340

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.


United Alloy-Tech Co  (ROCO:3162) 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.


United Alloy-Tech Co Cyclically Adjusted PS Ratio Related Terms

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


United Alloy-Tech Co (ROCO:3162) Business Description

Traded in Other Exchanges
N/A
Address
No.938, Zhongxing Road, She- Tzu Village, Xinwu District, Taoyuan, TWN, 32746
United Alloy-Tech Co Ltd mainly engages in the forging of aluminum alloys, die-casting, the production and processing of molds, and the production and sales business of auto parts. The company has two segments Aluminum alloy materials division and the Foam tapes division. Its product pipeline includes Aluminum Alloy 2-7 series, Front Fork End and Crown, Dropout, Riching Dropout, Mountain Bike Dropout, Yoke, Motor Mount, Hanger, and others. Geographically company generates the majority of its revenue from China.

United Alloy-Tech Co (ROCO:3162) Headlines

No Headlines