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Tze Shin International Co (TPE:2611) Cyclically Adjusted PS Ratio : 3.85 (As of Oct. 31, 2024)


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What is Tze Shin International Co Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Tze Shin International Co's current share price is NT$22.50. Tze Shin International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$5.85. Tze Shin International Co's Cyclically Adjusted PS Ratio for today is 3.85.

The historical rank and industry rank for Tze Shin International Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2611' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.14   Max: 5.8
Current: 3.9

During the past years, Tze Shin International Co's highest Cyclically Adjusted PS Ratio was 5.80. The lowest was 0.65. And the median was 2.14.

TPE:2611's Cyclically Adjusted PS Ratio is ranked worse than
88.48% of 703 companies
in the Transportation industry
Industry Median: 0.89 vs TPE:2611: 3.90

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.

Tze Shin International Co's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$0.878. 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$5.85 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tze Shin International Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tze Shin International 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.

Tze Shin International Co Cyclically Adjusted PS Ratio Chart

Tze Shin International 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 0.79 1.44 2.38 2.09 2.78

Tze Shin International Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.12 2.09 2.78 3.96 5.63

Competitive Comparison of Tze Shin International Co's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Tze Shin International 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.


Tze Shin International Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tze Shin International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tze Shin International Co's Cyclically Adjusted PS Ratio falls into.



Tze Shin International 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.

Tze Shin International Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.50/5.85
=3.85

* 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.

Tze Shin International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Tze Shin International Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.878/132.5538*132.5538
=0.878

Current CPI (Jun. 2024) = 132.5538.

Tze Shin International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2.010 100.428 2.653
201412 1.663 99.070 2.225
201503 1.853 99.621 2.466
201506 1.654 100.684 2.178
201509 1.721 100.392 2.272
201512 1.811 99.792 2.406
201603 1.564 100.470 2.063
201606 1.633 101.688 2.129
201609 1.637 101.861 2.130
201612 1.403 101.863 1.826
201703 1.314 102.862 1.693
201706 1.254 103.349 1.608
201709 1.317 104.136 1.676
201712 1.228 104.011 1.565
201803 1.112 105.290 1.400
201806 1.200 106.317 1.496
201809 1.238 106.507 1.541
201812 1.221 105.998 1.527
201903 1.107 107.251 1.368
201906 1.176 108.070 1.442
201909 1.163 108.329 1.423
201912 1.201 108.420 1.468
202003 0.828 108.902 1.008
202006 0.716 108.767 0.873
202009 0.792 109.815 0.956
202012 0.842 109.897 1.016
202103 0.864 111.754 1.025
202106 0.907 114.631 1.049
202109 1.158 115.734 1.326
202112 1.256 117.630 1.415
202203 1.100 121.301 1.202
202206 1.065 125.017 1.129
202209 1.038 125.227 1.099
202212 0.656 125.222 0.694
202303 0.688 127.348 0.716
202306 0.853 128.729 0.878
202309 0.850 129.860 0.868
202312 0.886 129.419 0.907
202403 0.885 131.776 0.890
202406 0.878 132.554 0.878

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.


Tze Shin International Co  (TPE:2611) 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.


Tze Shin International Co Cyclically Adjusted PS Ratio Related Terms

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


Tze Shin International Co Business Description

Traded in Other Exchanges
N/A
Address
12th Floor, No. 33, Jianguo North Road, Section 2, Zhongshan district, Taipei, TWN, 104
Tze Shin International Co Ltd operates in the shipping and ports industry. It firm offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing. The company's revenue mainly comes from transportation services and the operation of international tourist hotels.

Tze Shin International Co Headlines

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