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Aspeed Technology (ROCO:5274) Cyclically Adjusted PS Ratio : 48.02 (As of May. 28, 2024)


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What is Aspeed Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Aspeed Technology's current share price is NT$3830.00. Aspeed Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$79.76. Aspeed Technology's Cyclically Adjusted PS Ratio for today is 48.02.

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

ROCO:5274' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 23.65   Med: 39.25   Max: 65.66
Current: 46.33

During the past years, Aspeed Technology's highest Cyclically Adjusted PS Ratio was 65.66. The lowest was 23.65. And the median was 39.25.

ROCO:5274's Cyclically Adjusted PS Ratio is ranked worse than
98.53% of 682 companies
in the Semiconductors industry
Industry Median: 2.3 vs ROCO:5274: 46.33

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.

Aspeed Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$26.773. 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$79.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspeed Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aspeed 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.

Aspeed Technology Cyclically Adjusted PS Ratio Chart

Aspeed 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 - 36.53 61.74 24.76 40.85

Aspeed 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 37.41 39.37 37.08 40.85 41.63

Competitive Comparison of Aspeed Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Aspeed 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.


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

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

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



Aspeed 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3830.00/79.76
=48.02

* 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.

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

For example, Aspeed 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)
=26.773/131.7762*131.7762
=26.773

Current CPI (Mar. 2024) = 131.7762.

Aspeed Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.559 100.560 8.595
201409 6.113 100.428 8.021
201412 6.793 99.070 9.036
201503 6.963 99.621 9.210
201506 5.935 100.684 7.768
201509 8.180 100.392 10.737
201512 7.390 99.792 9.759
201603 8.192 100.470 10.745
201606 8.620 101.688 11.171
201609 10.935 101.861 14.146
201612 10.637 101.863 13.761
201703 12.137 102.862 15.549
201706 11.926 103.349 15.206
201709 13.394 104.136 16.949
201712 13.234 104.011 16.767
201803 14.384 105.290 18.002
201806 14.632 106.317 18.136
201809 15.558 106.507 19.249
201812 12.869 105.998 15.999
201903 14.671 107.251 18.026
201906 13.975 108.070 17.041
201909 18.260 108.329 22.212
201912 19.233 108.420 23.376
202003 19.418 108.902 23.497
202006 23.940 108.767 29.004
202009 19.424 109.815 23.309
202012 18.466 109.897 22.142
202103 19.850 111.754 23.406
202106 24.258 114.631 27.886
202109 24.830 115.734 28.272
202112 27.268 117.630 30.547
202203 33.474 121.301 36.365
202206 37.619 125.017 39.653
202209 34.436 125.227 36.237
202212 34.669 125.222 36.484
202303 17.680 127.348 18.295
202306 17.995 128.729 18.421
202309 21.063 129.860 21.374
202312 25.989 129.419 26.462
202403 26.773 131.776 26.773

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.


Aspeed Technology  (ROCO:5274) 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.


Aspeed Technology Cyclically Adjusted PS Ratio Related Terms

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


Aspeed Technology (ROCO:5274) Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, Section 3, 4th Floor, No. 1, East District, Hsinchu, TWN
Aspeed Technology Inc. is an IC-design house in Server Management, PC/ AV extensions solution, Desktop Virtualization and security enhancement. The company is engaged in manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum revenue from Multimedia Integrated Circuits (ICs) segment.

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