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Tehmag Foods (ROCO:1264) Cyclically Adjusted PS Ratio : 2.21 (As of Jun. 09, 2024)


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What is Tehmag Foods Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Tehmag Foods's current share price is NT$312.50. Tehmag Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$141.66. Tehmag Foods's Cyclically Adjusted PS Ratio for today is 2.21.

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

ROCO:1264' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05   Med: 2.15   Max: 2.24
Current: 2.19

During the past years, Tehmag Foods's highest Cyclically Adjusted PS Ratio was 2.24. The lowest was 2.05. And the median was 2.15.

ROCO:1264's Cyclically Adjusted PS Ratio is ranked worse than
78.93% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs ROCO:1264: 2.19

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.

Tehmag Foods's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$41.981. 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$141.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tehmag Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tehmag Foods'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.

Tehmag Foods Cyclically Adjusted PS Ratio Chart

Tehmag Foods 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 - - - - 2.11

Tehmag Foods 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 2.05 2.17 2.11 2.11 2.15

Competitive Comparison of Tehmag Foods's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Tehmag Foods'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.


Tehmag Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tehmag Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tehmag Foods 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.

Tehmag Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=312.50/141.66
=2.21

* 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.

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

For example, Tehmag Foods'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)
=41.981/131.7762*131.7762
=41.981

Current CPI (Mar. 2024) = 131.7762.

Tehmag Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.303 100.560 31.847
201409 25.649 100.428 33.655
201412 28.838 99.070 38.358
201503 27.564 99.621 36.461
201506 24.679 100.684 32.300
201509 26.338 100.392 34.572
201512 28.423 99.792 37.533
201603 25.337 100.470 33.232
201606 22.226 101.688 28.802
201609 25.016 101.861 32.363
201612 27.239 101.863 35.238
201703 23.511 102.862 30.120
201706 23.503 103.349 29.968
201709 25.391 104.136 32.131
201712 26.537 104.011 33.621
201803 25.858 105.290 32.363
201806 25.843 106.317 32.032
201809 27.228 106.507 33.688
201812 27.656 105.998 34.382
201903 25.593 107.251 31.446
201906 27.059 108.070 32.995
201909 27.566 108.329 33.532
201912 29.615 108.420 35.995
202003 24.182 108.902 29.261
202006 27.266 108.767 33.034
202009 32.793 109.815 39.351
202012 33.596 109.897 40.285
202103 32.071 111.754 37.817
202106 29.443 114.631 33.847
202109 33.181 115.734 37.780
202112 38.623 117.630 43.268
202203 33.046 121.301 35.900
202206 32.937 125.017 34.718
202209 36.268 125.227 38.165
202212 41.576 125.222 43.752
202303 36.501 127.348 37.770
202306 37.321 128.729 38.205
202309 40.835 129.860 41.438
202312 42.626 129.419 43.402
202403 41.981 131.776 41.981

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.


Tehmag Foods  (ROCO:1264) 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.


Tehmag Foods Cyclically Adjusted PS Ratio Related Terms

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


Tehmag Foods (ROCO:1264) Business Description

Traded in Other Exchanges
N/A
Address
No.31, Wuquan 5th Road, Wugu District, New Taipei, TWN
Tehmag Foods Corp is engaged in Baking, cooking and steaming food manufacturing industry; Flour milling industry; Food additive manufacturing industry; Noodle and vermicelli food manufacturing industry and Food and beverage retail industry. Its marketing channels include bakery shops, hotels, restaurants. The company offers baked goods, dairy products, all kinds of packaging materials and instruments of baking mixes.

Tehmag Foods (ROCO:1264) Headlines

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