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eMemory Technology (ROCO:3529) Cyclically Adjusted PS Ratio : 83.39 (As of Jun. 09, 2024)


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What is eMemory Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-09), eMemory Technology's current share price is NT$2385.00. eMemory Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$28.60. eMemory Technology's Cyclically Adjusted PS Ratio for today is 83.39.

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

ROCO:3529' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.69   Med: 58.82   Max: 133.93
Current: 83.39

During the past years, eMemory Technology's highest Cyclically Adjusted PS Ratio was 133.93. The lowest was 11.69. And the median was 58.82.

ROCO:3529's Cyclically Adjusted PS Ratio is ranked worse than
98.97% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs ROCO:3529: 83.39

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.

eMemory Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$10.735. 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$28.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


eMemory Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for eMemory Technology'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.

eMemory Technology Cyclically Adjusted PS Ratio Chart

eMemory Technology 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 23.82 36.99 112.82 55.72 89.24

eMemory Technology 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 74.48 85.60 75.36 89.24 87.06

Competitive Comparison of eMemory Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, eMemory Technology'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.


eMemory Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



eMemory Technology 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.

eMemory Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2385.00/28.6
=83.39

* 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.

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

For example, eMemory Technology'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)
=10.735/131.7762*131.7762
=10.735

Current CPI (Mar. 2024) = 131.7762.

eMemory Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.949 100.560 3.864
201409 3.625 100.428 4.757
201412 3.396 99.070 4.517
201503 3.403 99.621 4.501
201506 3.700 100.684 4.843
201509 3.316 100.392 4.353
201512 3.956 99.792 5.224
201603 4.209 100.470 5.520
201606 3.690 101.688 4.782
201609 4.060 101.861 5.252
201612 4.025 101.863 5.207
201703 4.433 102.862 5.679
201706 4.361 103.349 5.561
201709 5.051 104.136 6.392
201712 4.222 104.011 5.349
201803 4.918 105.290 6.155
201806 3.985 106.317 4.939
201809 5.179 106.507 6.408
201812 5.404 105.998 6.718
201903 5.295 107.251 6.506
201906 4.263 108.070 5.198
201909 4.509 108.329 5.485
201912 4.840 108.420 5.883
202003 5.568 108.902 6.738
202006 5.675 108.767 6.876
202009 5.916 109.815 7.099
202012 6.625 109.897 7.944
202103 7.980 111.754 9.410
202106 7.242 114.631 8.325
202109 7.954 115.734 9.057
202112 8.446 117.630 9.462
202203 9.723 121.301 10.563
202206 10.652 125.017 11.228
202209 10.563 125.227 11.115
202212 12.029 125.222 12.659
202303 8.924 127.348 9.234
202306 9.329 128.729 9.550
202309 10.529 129.860 10.684
202312 12.012 129.419 12.231
202403 10.735 131.776 10.735

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.


eMemory Technology  (ROCO:3529) 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.


eMemory Technology Cyclically Adjusted PS Ratio Related Terms

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


eMemory Technology (ROCO:3529) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, No. 5, Tai-Yuan 1st Street, Hsinchu, Jhubei, TWN, 302082
eMemory Technology Inc provides and develops embedded flash memory products. It licenses its intellectual property (IP) to semiconductor foundries, integrated devices manufacturers and design houses. Its products are NeoBit, NeoFuse, NeoMTP, NeoPUF, and NeoEE. The company earns revenue in the form of Royalty and Income generated from the Technical Service provided, out of which the majority comes from the Royalties. The company operates in Taiwan, China, Singapore, Korea, the United States of America and other countries. Taiwan contributes to the majority of the revenue.

eMemory Technology (ROCO:3529) Headlines

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