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Yageo (TPE:2327) Cyclically Adjusted PS Ratio : 3.35 (As of Jun. 08, 2024)


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What is Yageo Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Yageo's current share price is NT$678.00. Yageo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$202.38. Yageo's Cyclically Adjusted PS Ratio for today is 3.35.

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

TPE:2327' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.25   Max: 6.29
Current: 3.32

During the past years, Yageo's highest Cyclically Adjusted PS Ratio was 6.29. The lowest was 1.95. And the median was 3.25.

TPE:2327's Cyclically Adjusted PS Ratio is ranked worse than
81.5% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:2327: 3.32

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.

Yageo's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$66.257. 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$202.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yageo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yageo'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.

Yageo Cyclically Adjusted PS Ratio Chart

Yageo 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 4.80 5.35 4.01 2.55 3.06

Yageo 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 2.90 2.62 2.73 3.06 2.93

Competitive Comparison of Yageo's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Yageo'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.


Yageo's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Yageo 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.

Yageo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=678.00/202.38
=3.35

* 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.

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

For example, Yageo'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)
=66.257/131.7762*131.7762
=66.257

Current CPI (Mar. 2024) = 131.7762.

Yageo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.993 100.560 26.199
201409 20.116 100.428 26.395
201412 17.458 99.070 23.222
201503 23.240 99.621 30.741
201506 23.019 100.684 30.128
201509 19.269 100.392 25.293
201512 22.495 99.792 29.705
201603 25.248 100.470 33.115
201606 20.806 101.688 26.962
201609 16.195 101.861 20.951
201612 16.441 101.863 21.269
201703 16.583 102.862 21.244
201706 22.274 103.349 28.401
201709 24.293 104.136 30.741
201712 27.697 104.011 35.091
201803 31.933 105.290 39.966
201806 55.977 106.317 69.382
201809 88.733 106.507 109.786
201812 47.082 105.998 58.532
201903 32.883 107.251 40.403
201906 27.677 108.070 33.748
201909 29.855 108.329 36.317
201912 29.235 108.420 35.533
202003 29.135 108.902 35.255
202006 35.715 108.767 43.270
202009 55.671 109.815 66.804
202012 56.225 109.897 67.419
202103 69.229 111.754 81.632
202106 79.400 114.631 91.275
202109 82.597 115.734 94.046
202112 73.843 117.630 82.724
202203 68.203 121.301 74.093
202206 57.652 125.017 60.769
202209 92.724 125.227 97.574
202212 69.104 125.222 72.721
202303 60.685 127.348 62.795
202306 62.627 128.729 64.110
202309 63.934 129.860 64.878
202312 63.851 129.419 65.014
202403 66.257 131.776 66.257

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.


Yageo  (TPE:2327) 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.


Yageo Cyclically Adjusted PS Ratio Related Terms

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


Yageo (TPE:2327) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

Yageo (TPE:2327) Headlines

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