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Tat Seng Packaging Group (SGX:T12) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 10, 2024)


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What is Tat Seng Packaging Group Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Tat Seng Packaging Group's current share price is S$0.73. Tat Seng Packaging Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was S$2.15. Tat Seng Packaging Group's Cyclically Adjusted PS Ratio for today is 0.34.

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

SGX:T12' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.4   Max: 0.68
Current: 0.33

During the past 13 years, Tat Seng Packaging Group's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.18. And the median was 0.40.

SGX:T12's Cyclically Adjusted PS Ratio is ranked better than
75.64% of 312 companies
in the Packaging & Containers industry
Industry Median: 0.72 vs SGX:T12: 0.33

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.

Tat Seng Packaging Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was S$1.647. 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 S$2.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tat Seng Packaging Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tat Seng Packaging Group'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.

Tat Seng Packaging Group Cyclically Adjusted PS Ratio Chart

Tat Seng Packaging Group 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 0.32 0.35 0.40 0.31 0.33

Tat Seng Packaging Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.40 - 0.31 - 0.33

Competitive Comparison of Tat Seng Packaging Group's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Tat Seng Packaging Group'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.


Tat Seng Packaging Group's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Tat Seng Packaging Group's Cyclically Adjusted PS Ratio falls into.



Tat Seng Packaging Group 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.

Tat Seng Packaging Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.73/2.15
=0.34

* 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.

Tat Seng Packaging Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Tat Seng Packaging Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.647/129.4194*129.4194
=1.647

Current CPI (Dec23) = 129.4194.

Tat Seng Packaging Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.428 99.070 1.865
201512 1.472 99.792 1.909
201612 1.454 101.863 1.847
201712 1.927 104.011 2.398
201812 2.120 105.998 2.588
201912 1.836 108.420 2.192
202012 1.928 109.897 2.270
202112 2.338 117.630 2.572
202212 2.139 125.222 2.211
202312 1.647 129.419 1.647

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.


Tat Seng Packaging Group  (SGX:T12) 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.


Tat Seng Packaging Group Cyclically Adjusted PS Ratio Related Terms

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


Tat Seng Packaging Group (SGX:T12) Business Description

Traded in Other Exchanges
N/A
Address
28 Senoko Drive, Singapore, SGP, 758214
Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse range of products according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.

Tat Seng Packaging Group (SGX:T12) Headlines

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