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Chroma Ate (TPE:2360) Cyclically Adjusted PS Ratio : 6.71 (As of Jun. 09, 2024)


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What is Chroma Ate Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Chroma Ate's current share price is NT$288.50. Chroma Ate's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$42.98. Chroma Ate's Cyclically Adjusted PS Ratio for today is 6.71.

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

TPE:2360' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.66   Max: 6.95
Current: 6.71

During the past years, Chroma Ate's highest Cyclically Adjusted PS Ratio was 6.95. The lowest was 2.99. And the median was 4.66.

TPE:2360's Cyclically Adjusted PS Ratio is ranked worse than
93.35% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs TPE:2360: 6.71

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.

Chroma Ate's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$10.412. 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$42.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chroma Ate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chroma Ate'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.

Chroma Ate Cyclically Adjusted PS Ratio Chart

Chroma Ate Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 4.14 4.87 5.47 4.51

Chroma Ate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.51 4.32 6.02 6.54 5.93

Competitive Comparison of Chroma Ate's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Chroma Ate 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.

Chroma Ate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=288.50/42.98
=6.71

* 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.

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

For example, Chroma Ate'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)
=10.412/131.7762*131.7762
=10.412

Current CPI (Mar. 2024) = 131.7762.

Chroma Ate Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.315 99.695 7.025
201406 6.780 100.560 8.885
201409 7.615 100.428 9.992
201412 6.707 99.070 8.921
201503 4.728 99.621 6.254
201506 6.823 100.684 8.930
201509 6.273 100.392 8.234
201512 6.276 99.792 8.287
201603 6.397 100.470 8.390
201606 6.602 101.688 8.555
201609 8.795 101.861 11.378
201612 6.603 101.863 8.542
201703 6.849 102.862 8.774
201706 7.279 103.349 9.281
201709 9.476 104.136 11.991
201712 12.213 104.011 15.473
201803 8.291 105.290 10.377
201806 13.520 106.317 16.758
201809 9.324 106.507 11.536
201812 9.311 105.998 11.575
201903 6.549 107.251 8.047
201906 7.803 108.070 9.515
201909 8.102 108.329 9.856
201912 10.573 108.420 12.851
202003 8.007 108.902 9.689
202006 9.116 108.767 11.044
202009 9.836 109.815 11.803
202012 9.861 109.897 11.824
202103 10.125 111.754 11.939
202106 10.534 114.631 12.110
202109 10.085 115.734 11.483
202112 10.842 117.630 12.146
202203 10.417 121.301 11.317
202206 11.652 125.017 12.282
202209 15.662 125.227 16.481
202212 14.122 125.222 14.861
202303 10.261 127.348 10.618
202306 10.494 128.729 10.742
202309 11.434 129.860 11.603
202403 10.412 131.776 10.412

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.


Chroma Ate  (TPE:2360) 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.


Chroma Ate Cyclically Adjusted PS Ratio Related Terms

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


Chroma Ate (TPE:2360) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The company has four reportable segments: Special materials department, Test instrument department, the Automatic equipment department, and Others. It generates maximum revenue from the Automatic equipment segment. The company has a presence in Europe, the United States, Japan, Korea, China, and Southeast Asia.

Chroma Ate (TPE:2360) Headlines

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