GURUFOCUS.COM » STOCK LIST » Technology » Hardware » U.D.Electronic Corp (ROCO:3689) » Definitions » Cyclically Adjusted PS Ratio

U.D.Electronic (ROCO:3689) Cyclically Adjusted PS Ratio : 0.90 (As of Jun. 10, 2024)


View and export this data going back to 2012. Start your Free Trial

What is U.D.Electronic Cyclically Adjusted PS Ratio?

As of today (2024-06-10), U.D.Electronic's current share price is NT$73.60. U.D.Electronic's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$81.79. U.D.Electronic's Cyclically Adjusted PS Ratio for today is 0.90.

The historical rank and industry rank for U.D.Electronic's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3689' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.51   Max: 0.96
Current: 0.9

During the past years, U.D.Electronic's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.36. And the median was 0.51.

ROCO:3689's Cyclically Adjusted PS Ratio is ranked better than
55.83% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs ROCO:3689: 0.90

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.

U.D.Electronic's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$12.335. 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$81.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.D.Electronic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for U.D.Electronic'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.

U.D.Electronic Cyclically Adjusted PS Ratio Chart

U.D.Electronic 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 - 0.45 0.65 0.40 0.70

U.D.Electronic 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 0.46 0.52 0.72 0.70 0.93

Competitive Comparison of U.D.Electronic's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, U.D.Electronic'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.


U.D.Electronic's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, U.D.Electronic's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where U.D.Electronic's Cyclically Adjusted PS Ratio falls into.



U.D.Electronic 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.

U.D.Electronic's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.60/81.79
=0.90

* 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.

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

For example, U.D.Electronic'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)
=12.335/131.7762*131.7762
=12.335

Current CPI (Mar. 2024) = 131.7762.

U.D.Electronic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.918 100.560 23.480
201409 19.498 100.428 25.584
201412 16.169 99.070 21.507
201503 15.224 99.621 20.138
201506 14.405 100.684 18.853
201509 17.850 100.392 23.430
201512 15.520 99.792 20.494
201603 15.755 100.470 20.664
201606 15.298 101.688 19.824
201609 16.742 101.861 21.659
201612 16.214 101.863 20.975
201703 14.158 102.862 18.138
201706 14.688 103.349 18.728
201709 17.123 104.136 21.668
201712 15.080 104.011 19.106
201803 14.291 105.290 17.886
201806 15.476 106.317 19.182
201809 16.369 106.507 20.253
201812 15.962 105.998 19.844
201903 14.970 107.251 18.393
201906 16.429 108.070 20.033
201909 16.923 108.329 20.586
201912 17.555 108.420 21.337
202003 13.307 108.902 16.102
202006 19.367 108.767 23.464
202009 18.345 109.815 22.014
202012 16.373 109.897 19.633
202103 18.272 111.754 21.546
202106 20.290 114.631 23.325
202109 21.962 115.734 25.006
202112 17.154 117.630 19.217
202203 20.874 121.301 22.677
202206 21.596 125.017 22.764
202209 18.950 125.227 19.941
202212 18.399 125.222 19.362
202303 18.265 127.348 18.900
202306 19.861 128.729 20.331
202309 22.305 129.860 22.634
202312 16.595 129.419 16.897
202403 12.335 131.776 12.335

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.


U.D.Electronic  (ROCO:3689) 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.


U.D.Electronic Cyclically Adjusted PS Ratio Related Terms

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


U.D.Electronic (ROCO:3689) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 13, Lane 68, Neixi Road, 2nd Floor, Luzhu District, Taoyuan, TWN, 338012
U.D.Electronic Corp is a Taiwan-based company mainly engaged in the research, development, manufacture, and distribution of signal connectors. The company generates maximum revenue from sales of electronic connectors for telecommunications, data communications, and computers.

U.D.Electronic (ROCO:3689) Headlines

No Headlines