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Quanta Storage (ROCO:6188) Cyclically Adjusted PS Ratio : 2.68 (As of Jun. 06, 2024)


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What is Quanta Storage Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Quanta Storage's current share price is NT$115.00. Quanta Storage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$42.84. Quanta Storage's Cyclically Adjusted PS Ratio for today is 2.68.

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

ROCO:6188' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.94   Max: 2.92
Current: 2.92

During the past years, Quanta Storage's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 0.53. And the median was 0.94.

ROCO:6188's Cyclically Adjusted PS Ratio is ranked worse than
78.98% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs ROCO:6188: 2.92

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.

Quanta Storage's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$7.866. 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$42.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quanta Storage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quanta Storage'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.

Quanta Storage Cyclically Adjusted PS Ratio Chart

Quanta Storage 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 0.94 0.92 1.10 0.89 1.90

Quanta Storage 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 1.28 1.66 1.88 1.90 2.29

Competitive Comparison of Quanta Storage's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Quanta Storage'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.


Quanta Storage's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Quanta Storage 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.

Quanta Storage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=115.00/42.84
=2.68

* 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.

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

For example, Quanta Storage'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)
=7.866/131.7762*131.7762
=7.866

Current CPI (Mar. 2024) = 131.7762.

Quanta Storage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.505 100.560 19.008
201409 14.017 100.428 18.392
201412 12.987 99.070 17.274
201503 10.239 99.621 13.544
201506 8.987 100.684 11.762
201509 9.402 100.392 12.341
201512 9.113 99.792 12.034
201603 6.563 100.470 8.608
201606 6.452 101.688 8.361
201609 6.411 101.861 8.294
201612 7.524 101.863 9.734
201703 6.827 102.862 8.746
201706 6.139 103.349 7.828
201709 7.037 104.136 8.905
201712 7.082 104.011 8.972
201803 5.446 105.290 6.816
201806 5.505 106.317 6.823
201809 6.130 106.507 7.584
201812 8.443 105.998 10.496
201903 8.599 107.251 10.565
201906 7.791 108.070 9.500
201909 6.970 108.329 8.479
201912 10.195 108.420 12.391
202003 8.388 108.902 10.150
202006 9.227 108.767 11.179
202009 9.775 109.815 11.730
202012 10.141 109.897 12.160
202103 9.567 111.754 11.281
202106 8.539 114.631 9.816
202109 10.062 115.734 11.457
202112 11.293 117.630 12.651
202203 10.418 121.301 11.318
202206 9.484 125.017 9.997
202209 10.885 125.227 11.454
202212 12.302 125.222 12.946
202303 9.098 127.348 9.414
202306 8.298 128.729 8.494
202309 9.781 129.860 9.925
202312 9.918 129.419 10.099
202403 7.866 131.776 7.866

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.


Quanta Storage  (ROCO:6188) 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.


Quanta Storage Cyclically Adjusted PS Ratio Related Terms

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


Quanta Storage (ROCO:6188) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6th Floor, No. 58-2, Huaya 2nd Road, Guishan District, Taoyuan, TWN, 333411
Quanta Storage Inc. is a Taiwan-based company, engaged in the research and development, design, manufacture, and supply of optical storage products. It offers a product such as storage and peripheral products which include NAS, DAS, USB-C power delivery and mini docks, adapters, and Wi-Fi storage products, solid state drives and intelligent automation systems. Geographically, it derives a majority of revenue from Mainland China.

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