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Compal Electronics (TPE:2324) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 04, 2024)


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What is Compal Electronics Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Compal Electronics's current share price is NT$37.50. Compal Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$259.73. Compal Electronics's Cyclically Adjusted PS Ratio for today is 0.14.

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

TPE:2324' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.16
Current: 0.14

During the past years, Compal Electronics's highest Cyclically Adjusted PS Ratio was 0.16. The lowest was 0.08. And the median was 0.10.

TPE:2324's Cyclically Adjusted PS Ratio is ranked better than
93.44% of 1920 companies
in the Hardware industry
Industry Median: 1.1 vs TPE:2324: 0.14

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.

Compal Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$45.573. 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$259.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compal Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Compal Electronics'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.

Compal Electronics Cyclically Adjusted PS Ratio Chart

Compal Electronics 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 0.09 0.10 0.11 0.09 0.16

Compal Electronics 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 0.10 0.12 0.12 0.16 0.14

Competitive Comparison of Compal Electronics's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Compal Electronics'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.


Compal Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Compal Electronics 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.

Compal Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.50/259.73
=0.14

* 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.

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

For example, Compal Electronics'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)
=45.573/131.7762*131.7762
=45.573

Current CPI (Mar. 2024) = 131.7762.

Compal Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 46.959 100.560 61.536
201409 52.700 100.428 69.150
201412 55.661 99.070 74.037
201503 45.250 99.621 59.856
201506 44.931 100.684 58.806
201509 49.314 100.392 64.731
201512 52.929 99.792 69.893
201603 40.147 100.470 52.656
201606 39.823 101.688 51.606
201609 45.394 101.861 58.726
201612 49.049 101.863 63.453
201703 24.316 102.862 31.151
201706 50.427 103.349 64.297
201709 52.823 104.136 66.844
201712 57.560 104.011 72.925
201803 44.575 105.290 55.788
201806 54.574 106.317 67.643
201809 57.698 106.507 71.387
201812 63.082 105.998 78.423
201903 47.769 107.251 58.693
201906 57.767 108.070 70.439
201909 56.925 108.329 69.246
201912 60.452 108.420 73.475
202003 41.348 108.902 50.033
202006 59.719 108.767 72.352
202009 61.513 109.815 73.815
202012 74.919 109.897 89.835
202103 61.269 111.754 72.246
202106 59.245 114.631 68.106
202109 76.634 115.734 87.256
202112 82.591 117.630 92.524
202203 60.757 121.301 66.004
202206 60.570 125.017 63.845
202209 65.639 125.227 69.072
202212 57.080 125.222 60.068
202303 47.728 127.348 49.388
202306 55.961 128.729 57.286
202309 57.765 129.860 58.618
202312 55.466 129.419 56.476
202403 45.573 131.776 45.573

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.


Compal Electronics  (TPE:2324) 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.


Compal Electronics Cyclically Adjusted PS Ratio Related Terms

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


Compal Electronics (TPE:2324) Business Description

Traded in Other Exchanges
N/A
Address
No. 581 and No. 581-1, Ruiguang Road, Neihu District, Taipei, TWN, 11492
Compal Electronics Inc is a Taiwan-based original design manufacturer that produces notebook computers, monitors, and televisions for equipment manufacturers. The firm's operations are organized in two reportable segment Information technology products and strategy integrate product segment. The majority of the firm's revenue is generated from the United States, with the rest coming from China, Netherlands, United Kingdom, and Others.

Compal Electronics (TPE:2324) Headlines

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