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TRK (TPE:1432) Cyclically Adjusted PS Ratio : 1.28 (As of Jun. 08, 2024)


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What is TRK Cyclically Adjusted PS Ratio?

As of today (2024-06-08), TRK's current share price is NT$17.85. TRK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$13.93. TRK's Cyclically Adjusted PS Ratio for today is 1.28.

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

TPE:1432' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.07   Max: 1.78
Current: 1.28

During the past years, TRK's highest Cyclically Adjusted PS Ratio was 1.78. The lowest was 0.57. And the median was 1.07.

TPE:1432's Cyclically Adjusted PS Ratio is ranked better than
54.84% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs TPE:1432: 1.28

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.

TRK's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.626. 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$13.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TRK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TRK'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.

TRK Cyclically Adjusted PS Ratio Chart

TRK 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 0.93 1.11 0.97 0.99 1.40

TRK 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 1.33 1.56 1.40 1.40 1.36

Competitive Comparison of TRK's Cyclically Adjusted PS Ratio

For the Leisure subindustry, TRK'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.


TRK's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TRK's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TRK 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.85/13.93
=1.28

* 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.

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

For example, TRK'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)
=3.626/131.7762*131.7762
=3.626

Current CPI (Mar. 2024) = 131.7762.

TRK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.503 100.560 0.659
201409 0.502 100.428 0.659
201412 0.409 99.070 0.544
201503 0.832 99.621 1.101
201506 0.728 100.684 0.953
201509 1.999 100.392 2.624
201512 1.224 99.792 1.616
201603 1.473 100.470 1.932
201606 3.262 101.688 4.227
201609 3.906 101.861 5.053
201612 2.891 101.863 3.740
201703 3.996 102.862 5.119
201706 3.819 103.349 4.869
201709 4.129 104.136 5.225
201712 3.206 104.011 4.062
201803 2.632 105.290 3.294
201806 2.689 106.317 3.333
201809 4.773 106.507 5.905
201812 2.730 105.998 3.394
201903 4.054 107.251 4.981
201906 3.780 108.070 4.609
201909 4.011 108.329 4.879
201912 3.399 108.420 4.131
202003 4.230 108.902 5.119
202006 3.421 108.767 4.145
202009 4.089 109.815 4.907
202012 3.374 109.897 4.046
202103 3.147 111.754 3.711
202106 1.857 114.631 2.135
202109 2.046 115.734 2.330
202112 3.447 117.630 3.862
202203 2.980 121.301 3.237
202206 2.539 125.017 2.676
202209 3.731 125.227 3.926
202212 3.304 125.222 3.477
202303 3.524 127.348 3.647
202306 3.686 128.729 3.773
202309 4.209 129.860 4.271
202312 3.442 129.419 3.505
202403 3.626 131.776 3.626

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.


TRK  (TPE:1432) 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.


TRK Cyclically Adjusted PS Ratio Related Terms

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


TRK (TPE:1432) Business Description

Traded in Other Exchanges
N/A
Address
No186, Sec 4, Fusing Rd., East District, Taichung, TWN
TRK Corp, formerly Taroko Co Ltd is engaged in the development business of department stores and shopping centers, recreational activities venue business, other leisure services, retail services of educational and entertainment materials, and international trading business. The company earns maximum revenue from the Leisure and recreation segment.

TRK (TPE:1432) Headlines

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