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P-Two Industries (ROCO:6158) Cyclically Adjusted PS Ratio : 0.70 (As of May. 27, 2024)


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What is P-Two Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-27), P-Two Industries's current share price is NT$30.10. P-Two Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$43.27. P-Two Industries's Cyclically Adjusted PS Ratio for today is 0.70.

The historical rank and industry rank for P-Two Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:6158' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.63   Max: 1.11
Current: 0.69

During the past years, P-Two Industries's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.25. And the median was 0.63.

ROCO:6158's Cyclically Adjusted PS Ratio is ranked better than
64.53% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:6158: 0.69

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.

P-Two Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$8.024. 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$43.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


P-Two Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for P-Two Industries'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.

P-Two Industries Cyclically Adjusted PS Ratio Chart

P-Two Industries 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 0.53 0.67 1.12 0.54 0.74

P-Two Industries 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 0.56 0.61 0.84 0.74 0.72

Competitive Comparison of P-Two Industries's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, P-Two Industries'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.


P-Two Industries's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, P-Two Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where P-Two Industries's Cyclically Adjusted PS Ratio falls into.



P-Two Industries 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.

P-Two Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.10/43.27
=0.70

* 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.

P-Two Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, P-Two Industries'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)
=8.024/131.7762*131.7762
=8.024

Current CPI (Mar. 2024) = 131.7762.

P-Two Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.090 100.560 19.774
201409 14.045 100.428 18.429
201412 10.784 99.070 14.344
201503 9.892 99.621 13.085
201506 9.222 100.684 12.070
201509 10.896 100.392 14.302
201512 10.017 99.792 13.227
201603 8.129 100.470 10.662
201606 8.823 101.688 11.434
201609 9.884 101.861 12.787
201612 8.754 101.863 11.325
201703 6.939 102.862 8.890
201706 7.908 103.349 10.083
201709 8.312 104.136 10.518
201712 7.335 104.011 9.293
201803 6.838 105.290 8.558
201806 7.890 106.317 9.779
201809 9.442 106.507 11.682
201812 8.619 105.998 10.715
201903 3.718 107.251 4.568
201906 7.294 108.070 8.894
201909 6.224 108.329 7.571
201912 7.191 108.420 8.740
202003 6.560 108.902 7.938
202006 9.927 108.767 12.027
202009 11.598 109.815 13.917
202012 10.454 109.897 12.535
202103 10.243 111.754 12.078
202106 11.246 114.631 12.928
202109 10.205 115.734 11.620
202112 9.485 117.630 10.626
202203 10.415 121.301 11.314
202206 10.010 125.017 10.551
202209 7.494 125.227 7.886
202212 7.208 125.222 7.585
202303 7.257 127.348 7.509
202306 8.546 128.729 8.748
202309 9.247 129.860 9.383
202312 7.209 129.419 7.340
202403 8.024 131.776 8.024

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.


P-Two Industries  (ROCO:6158) 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.


P-Two Industries Cyclically Adjusted PS Ratio Related Terms

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


P-Two Industries (ROCO:6158) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 9 Shin Hwa Road, Kwei Shan Ind Park, Taoyuan, TWN, 330
P-Two Industries Inc is engaged in the manufacture and sale of precision terminals and connectors in Taiwan and China. Its products include FPC connector, mobile phone connector, LVDS wire to board connector, memory card connector, flexible flat cable and metal dome.

P-Two Industries (ROCO:6158) Headlines

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