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Kung Long Batteries Industrial Co (TPE:1537) Cyclically Adjusted PS Ratio : 1.40 (As of Jun. 14, 2024)


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What is Kung Long Batteries Industrial Co Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Kung Long Batteries Industrial Co's current share price is NT$148.00. Kung Long Batteries Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$105.52. Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio for today is 1.40.

The historical rank and industry rank for Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1537' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.46   Max: 2.01
Current: 1.41

During the past years, Kung Long Batteries Industrial Co's highest Cyclically Adjusted PS Ratio was 2.01. The lowest was 1.25. And the median was 1.46.

TPE:1537's Cyclically Adjusted PS Ratio is ranked worse than
50.09% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs TPE:1537: 1.41

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.

Kung Long Batteries Industrial Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$21.190. 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$105.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kung Long Batteries Industrial Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kung Long Batteries Industrial Co'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.

Kung Long Batteries Industrial Co Cyclically Adjusted PS Ratio Chart

Kung Long Batteries Industrial Co 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 1.73 1.57 1.44 1.34 1.27

Kung Long Batteries Industrial Co 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 1.39 1.37 1.26 1.27 1.33

Competitive Comparison of Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Kung Long Batteries Industrial Co'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.


Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio falls into.



Kung Long Batteries Industrial Co 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.

Kung Long Batteries Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.00/105.52
=1.40

* 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.

Kung Long Batteries Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kung Long Batteries Industrial Co'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)
=21.19/131.7762*131.7762
=21.190

Current CPI (Mar. 2024) = 131.7762.

Kung Long Batteries Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.556 100.560 26.937
201409 21.514 100.428 28.230
201412 21.510 99.070 28.611
201503 20.967 99.621 27.735
201506 21.242 100.684 27.802
201509 21.819 100.392 28.640
201512 20.703 99.792 27.338
201603 19.547 100.470 25.638
201606 21.370 101.688 27.693
201609 22.605 101.861 29.244
201612 22.269 101.863 28.809
201703 20.989 102.862 26.889
201706 24.199 103.349 30.855
201709 24.253 104.136 30.690
201712 25.430 104.011 32.218
201803 24.181 105.290 30.264
201806 26.700 106.317 33.094
201809 26.938 106.507 33.329
201812 25.648 105.998 31.885
201903 24.474 107.251 30.071
201906 24.547 108.070 29.932
201909 23.603 108.329 28.712
201912 24.169 108.420 29.376
202003 20.744 108.902 25.101
202006 20.599 108.767 24.957
202009 22.464 109.815 26.956
202012 22.945 109.897 27.513
202103 20.652 111.754 24.352
202106 23.771 114.631 27.326
202109 9.650 115.734 10.988
202112 16.517 117.630 18.503
202203 20.281 121.301 22.032
202206 24.693 125.017 26.028
202209 24.817 125.227 26.115
202212 19.248 125.222 20.255
202303 17.380 127.348 17.984
202306 19.622 128.729 20.087
202309 19.826 129.860 20.119
202312 21.265 129.419 21.652
202403 21.190 131.776 21.190

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.


Kung Long Batteries Industrial Co  (TPE:1537) 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.


Kung Long Batteries Industrial Co Cyclically Adjusted PS Ratio Related Terms

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


Kung Long Batteries Industrial Co (TPE:1537) Business Description

Traded in Other Exchanges
N/A
Address
No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067
Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

Kung Long Batteries Industrial Co (TPE:1537) Headlines

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