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ChipMOS TECHNOLOGIES (TPE:8150) Cyclically Adjusted PS Ratio : 1.35 (As of Jun. 06, 2024)


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What is ChipMOS TECHNOLOGIES Cyclically Adjusted PS Ratio?

As of today (2024-06-06), ChipMOS TECHNOLOGIES's current share price is NT$43.90. ChipMOS TECHNOLOGIES's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$32.46. ChipMOS TECHNOLOGIES's Cyclically Adjusted PS Ratio for today is 1.35.

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

TPE:8150' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.36   Max: 1.57
Current: 1.36

During the past years, ChipMOS TECHNOLOGIES's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 1.28. And the median was 1.36.

TPE:8150's Cyclically Adjusted PS Ratio is ranked better than
68.72% of 681 companies
in the Semiconductors industry
Industry Median: 2.31 vs TPE:8150: 1.36

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.

ChipMOS TECHNOLOGIES's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$7.790. 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$32.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChipMOS TECHNOLOGIES Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Cyclically Adjusted PS Ratio Chart

ChipMOS TECHNOLOGIES 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 - - - - 1.30

ChipMOS TECHNOLOGIES Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
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 - - - - 1.30

Competitive Comparison of ChipMOS TECHNOLOGIES's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.


ChipMOS TECHNOLOGIES's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



ChipMOS TECHNOLOGIES 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.

ChipMOS TECHNOLOGIES's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.90/32.46
=1.35

* 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.

ChipMOS TECHNOLOGIES's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ChipMOS TECHNOLOGIES's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.79/129.4194*129.4194
=7.790

Current CPI (Dec. 2023) = 129.4194.

ChipMOS TECHNOLOGIES Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 6.681 96.871 8.926
201303 6.187 98.209 8.153
201306 5.786 98.518 7.601
201309 7.015 98.790 9.190
201312 6.675 98.326 8.786
201403 6.835 99.695 8.873
201406 6.205 100.560 7.986
201409 7.818 100.428 10.075
201412 6.180 99.070 8.073
201503 5.984 99.621 7.774
201506 6.871 100.684 8.832
201509 6.327 100.392 8.156
201512 4.850 99.792 6.290
201603 5.945 100.470 7.658
201606 6.107 101.688 7.772
201609 6.532 101.861 8.299
201612 3.751 101.863 4.766
201703 6.242 102.862 7.854
201706 6.267 103.349 7.848
201709 6.107 104.136 7.590
201712 3.488 104.011 4.340
201803 4.721 105.290 5.803
201806 5.241 106.317 6.380
201809 6.316 106.507 7.675
201812 6.707 105.998 8.189
201903 6.127 107.251 7.393
201906 6.686 108.070 8.007
201909 7.398 108.329 8.838
201912 7.511 108.420 8.966
202003 7.643 108.902 9.083
202006 7.442 108.767 8.855
202012 0.000 109.897 0.000
202103 8.768 111.754 10.154
202106 9.554 114.631 10.787
202112 0.000 117.630 0.000
202203 9.104 121.301 9.713
202206 9.360 125.017 9.690
202212 0.000 125.222 0.000
202306 0.000 128.729 0.000
202312 7.790 129.419 7.790

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.


ChipMOS TECHNOLOGIES  (TPE:8150) 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.


ChipMOS TECHNOLOGIES Cyclically Adjusted PS Ratio Related Terms

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


ChipMOS TECHNOLOGIES (TPE:8150) Business Description

Traded in Other Exchanges
Address
No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, TWN
ChipMOS TECHNOLOGIES Inc provides semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers, and foundries. Its service targets include semiconductor design companies, integrated component manufacturing companies, and semiconductor wafers factories. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. The Company derives a majority of its revenue from Taiwan followed by Japan, People's Republic of China, Singapore, and others.

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