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Hsin BA Ba (TPE:9906) Cyclically Adjusted PS Ratio : 5.20 (As of Jun. 06, 2024)


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What is Hsin BA Ba Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Hsin BA Ba's current share price is NT$92.60. Hsin BA Ba's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$17.80. Hsin BA Ba's Cyclically Adjusted PS Ratio for today is 5.20.

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

TPE:9906' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 4.01   Max: 8.31
Current: 5.07

During the past years, Hsin BA Ba's highest Cyclically Adjusted PS Ratio was 8.31. The lowest was 1.15. And the median was 4.01.

TPE:9906's Cyclically Adjusted PS Ratio is ranked worse than
94.24% of 1284 companies
in the Construction industry
Industry Median: 0.64 vs TPE:9906: 5.07

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.

Hsin BA Ba's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$1.031. 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$17.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hsin BA Ba Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hsin BA Ba'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.

Hsin BA Ba Cyclically Adjusted PS Ratio Chart

Hsin BA Ba 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 - 6.23 7.17 3.50 3.19

Hsin BA Ba 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 3.58 3.39 2.74 3.19 4.16

Competitive Comparison of Hsin BA Ba's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Hsin BA Ba'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.


Hsin BA Ba's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hsin BA Ba's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hsin BA Ba 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.

Hsin BA Ba's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=92.60/17.8
=5.20

* 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.

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

For example, Hsin BA Ba'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)
=1.031/131.7762*131.7762
=1.031

Current CPI (Mar. 2024) = 131.7762.

Hsin BA Ba Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.121 100.560 0.159
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 3.846 99.621 5.087
201506 2.724 100.684 3.565
201509 0.697 100.392 0.915
201512 1.980 99.792 2.615
201603 0.848 100.470 1.112
201606 3.816 101.688 4.945
201609 3.145 101.861 4.069
201612 2.517 101.863 3.256
201703 1.719 102.862 2.202
201706 2.591 103.349 3.304
201709 2.992 104.136 3.786
201712 4.606 104.011 5.836
201803 1.615 105.290 2.021
201806 1.037 106.317 1.285
201809 0.580 106.507 0.718
201812 0.309 105.998 0.384
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.199 108.329 0.242
201912 0.000 108.420 0.000
202003 0.104 108.902 0.126
202006 0.358 108.767 0.434
202009 0.740 109.815 0.888
202012 0.815 109.897 0.977
202103 0.485 111.754 0.572
202106 0.000 114.631 0.000
202109 11.562 115.734 13.165
202112 4.918 117.630 5.509
202203 10.958 121.301 11.904
202206 15.114 125.017 15.931
202209 5.458 125.227 5.743
202212 4.126 125.222 4.342
202303 7.435 127.348 7.694
202306 30.051 128.729 30.762
202309 5.375 129.860 5.454
202312 1.273 129.419 1.296
202403 1.031 131.776 1.031

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.


Hsin BA Ba  (TPE:9906) 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.


Hsin BA Ba Cyclically Adjusted PS Ratio Related Terms

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


Hsin BA Ba (TPE:9906) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.6, Minquan 2nd Road, 27th floor, Qianzhen District, Kaohsiung City, TWN, 80661
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.

Hsin BA Ba (TPE:9906) Headlines

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