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President Chain Store (TPE:2912) Cyclically Adjusted PS Ratio : 0.95 (As of May. 23, 2024)


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What is President Chain Store Cyclically Adjusted PS Ratio?

As of today (2024-05-23), President Chain Store's current share price is NT$272.50. President Chain Store's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$285.55. President Chain Store's Cyclically Adjusted PS Ratio for today is 0.95.

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

TPE:2912' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.15   Max: 1.44
Current: 0.96

During the past years, President Chain Store's highest Cyclically Adjusted PS Ratio was 1.44. The lowest was 0.92. And the median was 1.15.

TPE:2912's Cyclically Adjusted PS Ratio is ranked worse than
76.32% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs TPE:2912: 0.96

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.

President Chain Store's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$77.829. 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$285.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


President Chain Store Cyclically Adjusted PS Ratio Historical Data

The historical data trend for President Chain Store'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.

President Chain Store Cyclically Adjusted PS Ratio Chart

President Chain Store 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 1.40 1.18 1.12 1.03 0.97

President Chain Store 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 1.00 1.03 0.94 0.97 0.93

Competitive Comparison of President Chain Store's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, President Chain Store'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.


President Chain Store's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



President Chain Store 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.

President Chain Store's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=272.50/285.55
=0.95

* 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.

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

For example, President Chain Store'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)
=77.829/131.7762*131.7762
=77.829

Current CPI (Mar. 2024) = 131.7762.

President Chain Store Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.006 100.560 62.909
201409 50.735 100.428 66.572
201412 47.600 99.070 63.314
201503 46.294 99.621 61.236
201506 49.237 100.684 64.442
201509 51.329 100.392 67.376
201512 50.252 99.792 66.358
201603 49.440 100.470 64.845
201606 52.148 101.688 67.578
201609 53.256 101.861 68.897
201612 51.652 101.863 66.820
201703 50.877 102.862 65.178
201706 52.989 103.349 67.564
201709 55.122 104.136 69.753
201712 53.113 104.011 67.291
201803 56.547 105.290 70.772
201806 58.848 106.317 72.940
201809 60.640 106.507 75.027
201812 59.149 105.998 73.534
201903 58.661 107.251 72.075
201906 61.482 108.070 74.969
201909 63.652 108.329 77.429
201912 62.289 108.420 75.707
202003 60.544 108.902 73.261
202006 59.136 108.767 71.646
202009 65.122 109.815 78.145
202012 63.423 109.897 76.050
202103 62.463 111.754 73.654
202106 61.133 114.631 70.276
202109 62.846 115.734 71.557
202112 65.832 117.630 73.749
202203 64.988 121.301 70.600
202206 68.465 125.017 72.167
202209 72.716 125.227 76.519
202212 72.679 125.222 76.483
202303 72.473 127.348 74.993
202306 74.429 128.729 76.191
202309 79.095 129.860 80.262
202312 78.093 129.419 79.515
202403 77.829 131.776 77.829

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.


President Chain Store  (TPE:2912) 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.


President Chain Store Cyclically Adjusted PS Ratio Related Terms

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


President Chain Store (TPE:2912) Business Description

Traded in Other Exchanges
N/A
Address
65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110
President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

President Chain Store (TPE:2912) Headlines

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