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World Precision Machinery (SGX:B49) Cyclically Adjusted PS Ratio : 0.69 (As of May. 26, 2024)


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What is World Precision Machinery Cyclically Adjusted PS Ratio?

As of today (2024-05-26), World Precision Machinery's current share price is S$0.34. World Precision Machinery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was S$0.49. World Precision Machinery's Cyclically Adjusted PS Ratio for today is 0.69.

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

SGX:B49' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.5   Max: 0.85
Current: 0.69

During the past years, World Precision Machinery's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.26. And the median was 0.50.

SGX:B49's Cyclically Adjusted PS Ratio is ranked better than
73.2% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs SGX:B49: 0.69

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.

World Precision Machinery's adjusted revenue per share data for the three months ended in Mar. 2024 was S$0.086. 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 S$0.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


World Precision Machinery Cyclically Adjusted PS Ratio Historical Data

The historical data trend for World Precision Machinery'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.

World Precision Machinery Cyclically Adjusted PS Ratio Chart

World Precision Machinery 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 0.39 0.43 0.73 0.77 0.48

World Precision Machinery 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 0.77 0.71 0.58 0.48 0.53

Competitive Comparison of World Precision Machinery's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, World Precision Machinery'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.


World Precision Machinery's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, World Precision Machinery's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where World Precision Machinery's Cyclically Adjusted PS Ratio falls into.



World Precision Machinery 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.

World Precision Machinery's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.34/0.49
=0.69

* 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.

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

For example, World Precision Machinery'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)
=0.086/115.2271*115.2271
=0.086

Current CPI (Mar. 2024) = 115.2271.

World Precision Machinery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.117 98.200 0.137
201409 0.094 98.900 0.110
201412 0.114 99.000 0.133
201503 0.073 99.900 0.084
201506 0.094 99.500 0.109
201509 0.072 100.500 0.083
201512 0.068 100.600 0.078
201603 0.100 102.200 0.113
201606 0.091 101.400 0.103
201609 0.082 102.400 0.092
201612 0.102 102.600 0.115
201703 0.101 103.200 0.113
201706 0.109 103.100 0.122
201709 0.104 104.100 0.115
201712 0.097 104.500 0.107
201803 0.102 105.300 0.112
201806 0.136 104.900 0.149
201809 0.111 106.600 0.120
201812 0.104 106.500 0.113
201903 0.121 107.700 0.129
201906 0.094 107.700 0.101
201909 0.093 109.800 0.098
201912 0.104 111.200 0.108
202003 0.074 112.300 0.076
202006 0.134 110.400 0.140
202009 0.145 111.700 0.150
202012 0.164 111.500 0.169
202103 0.150 112.662 0.153
202106 0.187 111.769 0.193
202109 0.176 112.215 0.181
202112 0.176 113.108 0.179
202203 0.136 114.335 0.137
202206 0.158 114.558 0.159
202209 0.143 115.339 0.143
202212 0.131 115.116 0.131
202303 0.137 115.116 0.137
202306 0.130 114.558 0.131
202309 0.108 115.339 0.108
202312 0.135 114.781 0.136
202403 0.086 115.227 0.086

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.


World Precision Machinery  (SGX:B49) 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.


World Precision Machinery Cyclically Adjusted PS Ratio Related Terms

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


World Precision Machinery (SGX:B49) Business Description

Traded in Other Exchanges
N/A
Address
Picheng Town, Jiangsu Province, Danyang, CHN, 212311
World Precision Machinery Ltd is engaged in the business of manufacturing conventional stamping machines and metal parts. It manufactures both standard and customized stamping machines. It company has established its sales network and service centers in large and medium-sized cities across the People's Republic of China and its products are even exported to Southeast Asia, Europe, South America, and South Africa. It comprises sales of conventional stamping machines, high-performance and high-tonnage stamping machines, and metal parts and it generates maximum revenue from the High performance and high-tonnage stamping machines.

World Precision Machinery (SGX:B49) Headlines

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