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K Laser Technology (TPE:2461) Cyclically Adjusted PS Ratio : 0.67 (As of Jun. 01, 2024)


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What is K Laser Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-01), K Laser Technology's current share price is NT$25.20. K Laser Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$37.88. K Laser Technology's Cyclically Adjusted PS Ratio for today is 0.67.

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

TPE:2461' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.61   Max: 0.82
Current: 0.65

During the past years, K Laser Technology's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.43. And the median was 0.61.

TPE:2461's Cyclically Adjusted PS Ratio is ranked better than
55.24% of 315 companies
in the Packaging & Containers industry
Industry Median: 0.73 vs TPE:2461: 0.65

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.

K Laser Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$7.489. 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$37.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


K Laser Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for K Laser Technology'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.

K Laser Technology Cyclically Adjusted PS Ratio Chart

K Laser Technology 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 0.67 0.65 0.76 0.51 0.61

K Laser Technology 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 0.61 0.60 0.62 0.61 0.62

Competitive Comparison of K Laser Technology's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, K Laser Technology'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.


K Laser Technology's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, K Laser Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



K Laser Technology 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.

K Laser Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.20/37.88
=0.67

* 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.

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

For example, K Laser Technology'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)
=7.489/131.7762*131.7762
=7.489

Current CPI (Mar. 2024) = 131.7762.

K Laser Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.109 100.560 8.005
201409 6.596 100.428 8.655
201412 3.791 99.070 5.043
201503 5.027 99.621 6.650
201506 5.428 100.684 7.104
201509 6.254 100.392 8.209
201512 6.596 99.792 8.710
201603 7.060 100.470 9.260
201606 6.445 101.688 8.352
201609 8.071 101.861 10.441
201612 9.998 101.863 12.934
201703 7.895 102.862 10.114
201706 7.735 103.349 9.863
201709 9.179 104.136 11.615
201712 9.262 104.011 11.734
201803 7.656 105.290 9.582
201806 7.560 106.317 9.370
201809 8.204 106.507 10.150
201812 8.938 105.998 11.112
201903 8.000 107.251 9.829
201906 8.380 108.070 10.218
201909 9.182 108.329 11.169
201912 8.697 108.420 10.571
202003 7.530 108.902 9.112
202006 8.574 108.767 10.388
202009 9.954 109.815 11.945
202012 9.978 109.897 11.965
202103 9.820 111.754 11.579
202106 9.513 114.631 10.936
202109 7.904 115.734 9.000
202112 9.060 117.630 10.150
202203 8.870 121.301 9.636
202206 9.086 125.017 9.577
202209 8.484 125.227 8.928
202212 8.171 125.222 8.599
202303 7.352 127.348 7.608
202306 7.449 128.729 7.625
202309 7.541 129.860 7.652
202312 7.759 129.419 7.900
202403 7.489 131.776 7.489

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.


K Laser Technology  (TPE:2461) 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.


K Laser Technology Cyclically Adjusted PS Ratio Related Terms

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


K Laser Technology (TPE:2461) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Li Hsin 6th Road, Hsinchu Science Park, Hsinchu, TWN
K Laser Technology Inc is engaged in the manufacturing of holographic security labels. Its product offerings include holographic films, holographic paper products, and hot & cold foils ,lamination paper, transfer paper, The company's geographical segments are China, Other regions of Asia, and Others. The business income of the group mainly comes from the manufacture of laser holographic films, laser anti-counterfeiting labels, laser paper, and optical instruments.

K Laser Technology (TPE:2461) Headlines

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