GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (OTCPK:AACMZ) » Definitions » Cyclically Adjusted PS Ratio

Asia Cement (Asia Cement) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Asia Cement Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Cement Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Cement'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.

Asia Cement Cyclically Adjusted PS Ratio Chart

Asia Cement 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 2.10 1.83 1.73 1.49 1.48

Asia Cement 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 1.55 1.57 1.40 1.48 1.47

Competitive Comparison of Asia Cement's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Asia Cement'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.


Asia Cement's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asia Cement 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.

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

For example, Asia Cement'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)
=1.572/131.7762*131.7762
=1.572

Current CPI (Mar. 2024) = 131.7762.

Asia Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.176 100.560 2.851
201409 1.946 100.428 2.553
201412 1.932 99.070 2.570
201503 1.424 99.621 1.884
201506 1.438 100.684 1.882
201509 1.612 100.392 2.116
201512 1.520 99.792 2.007
201603 1.272 100.470 1.668
201606 1.564 101.688 2.027
201609 1.531 101.861 1.981
201612 1.557 101.863 2.014
201703 1.299 102.862 1.664
201706 1.700 103.349 2.168
201709 1.739 104.136 2.201
201712 2.072 104.011 2.625
201803 1.803 105.290 2.257
201806 2.377 106.317 2.946
201809 2.274 106.507 2.814
201812 2.145 105.998 2.667
201903 1.902 107.251 2.337
201906 2.345 108.070 2.859
201909 2.259 108.329 2.748
201912 2.310 108.420 2.808
202003 1.390 108.902 1.682
202006 2.078 108.767 2.518
202009 2.103 109.815 2.524
202012 2.532 109.897 3.036
202103 1.909 111.754 2.251
202106 2.437 114.631 2.801
202109 2.417 115.734 2.752
202112 3.030 117.630 3.394
202203 2.090 121.301 2.270
202206 2.498 125.017 2.633
202209 2.116 125.227 2.227
202212 2.388 125.222 2.513
202303 1.899 127.348 1.965
202306 2.069 128.729 2.118
202309 1.874 129.860 1.902
202312 1.927 129.419 1.962
202403 1.572 131.776 1.572

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.


Asia Cement  (OTCPK:AACMZ) 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.


Asia Cement Cyclically Adjusted PS Ratio Related Terms

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


Asia Cement (Asia Cement) Business Description

Traded in Other Exchanges
Address
No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

Asia Cement (Asia Cement) Headlines