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Kuo Yang Construction Co (TPE:2505) Cyclically Adjusted PS Ratio : 2.61 (As of Jun. 08, 2024)


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What is Kuo Yang Construction Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Kuo Yang Construction Co's current share price is NT$29.35. Kuo Yang Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$11.25. Kuo Yang Construction Co's Cyclically Adjusted PS Ratio for today is 2.61.

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

TPE:2505' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.21   Max: 5.05
Current: 2.45

During the past years, Kuo Yang Construction Co's highest Cyclically Adjusted PS Ratio was 5.05. The lowest was 1.15. And the median was 2.21.

TPE:2505's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs TPE:2505: 2.45

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.

Kuo Yang Construction Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$0.420. 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$11.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuo Yang Construction Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuo Yang Construction Co'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.

Kuo Yang Construction Co Cyclically Adjusted PS Ratio Chart

Kuo Yang Construction Co 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 3.30 3.80 1.79 1.20 2.08

Kuo Yang Construction Co 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 1.27 1.37 1.34 2.08 2.51

Competitive Comparison of Kuo Yang Construction Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Kuo Yang Construction Co'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.


Kuo Yang Construction Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuo Yang Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kuo Yang Construction Co's Cyclically Adjusted PS Ratio falls into.



Kuo Yang Construction Co 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.

Kuo Yang Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.35/11.25
=2.61

* 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.

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

For example, Kuo Yang Construction Co'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)
=0.42/131.7762*131.7762
=0.420

Current CPI (Mar. 2024) = 131.7762.

Kuo Yang Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.228 100.560 1.609
201409 1.371 100.428 1.799
201412 0.406 99.070 0.540
201503 0.229 99.621 0.303
201506 5.753 100.684 7.530
201509 1.303 100.392 1.710
201512 2.217 99.792 2.928
201603 0.219 100.470 0.287
201606 1.229 101.688 1.593
201609 0.136 101.861 0.176
201612 2.649 101.863 3.427
201703 2.616 102.862 3.351
201706 5.597 103.349 7.137
201709 0.033 104.136 0.042
201712 0.125 104.011 0.158
201803 0.263 105.290 0.329
201806 0.034 106.317 0.042
201809 0.204 106.507 0.252
201812 1.549 105.998 1.926
201903 0.230 107.251 0.283
201906 2.041 108.070 2.489
201909 0.677 108.329 0.824
201912 2.065 108.420 2.510
202003 0.323 108.902 0.391
202006 26.389 108.767 31.971
202009 1.462 109.815 1.754
202012 6.663 109.897 7.990
202103 4.900 111.754 5.778
202106 5.989 114.631 6.885
202109 1.324 115.734 1.508
202112 1.314 117.630 1.472
202203 5.869 121.301 6.376
202206 2.231 125.017 2.352
202209 1.303 125.227 1.371
202212 0.983 125.222 1.034
202303 0.692 127.348 0.716
202306 0.058 128.729 0.059
202309 0.405 129.860 0.411
202312 0.791 129.419 0.805
202403 0.420 131.776 0.420

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.


Kuo Yang Construction Co  (TPE:2505) 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.


Kuo Yang Construction Co Cyclically Adjusted PS Ratio Related Terms

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


Kuo Yang Construction Co (TPE:2505) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 18th Floor, No. 555, Section 4, Taipei City, TWN
Kuo Yang Construction Co Ltd is a Taiwan based company. The company is engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings.

Kuo Yang Construction Co (TPE:2505) Headlines

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