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Trade-Van Information Services Co (TPE:6183) Cyclically Adjusted PS Ratio : 5.36 (As of May. 19, 2024)


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What is Trade-Van Information Services Co Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Trade-Van Information Services Co's current share price is NT$74.00. Trade-Van Information Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$13.80. Trade-Van Information Services Co's Cyclically Adjusted PS Ratio for today is 5.36.

The historical rank and industry rank for Trade-Van Information Services Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:6183' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.53   Med: 4.46   Max: 5.56
Current: 5.36

During the past years, Trade-Van Information Services Co's highest Cyclically Adjusted PS Ratio was 5.56. The lowest was 3.53. And the median was 4.46.

TPE:6183's Cyclically Adjusted PS Ratio is ranked worse than
91.03% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs TPE:6183: 5.36

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.

Trade-Van Information Services Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.818. 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$13.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trade-Van Information Services Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trade-Van Information Services 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.

Trade-Van Information Services Co Cyclically Adjusted PS Ratio Chart

Trade-Van Information Services 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 3.58 4.65 4.26 4.60 4.98

Trade-Van Information Services 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 5.01 5.02 5.03 4.98 5.41

Competitive Comparison of Trade-Van Information Services Co's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Trade-Van Information Services 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.


Trade-Van Information Services Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trade-Van Information Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Trade-Van Information Services Co's Cyclically Adjusted PS Ratio falls into.



Trade-Van Information Services 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.

Trade-Van Information Services Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.00/13.8
=5.36

* 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.

Trade-Van Information Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Trade-Van Information Services 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)
=3.818/131.7762*131.7762
=3.818

Current CPI (Mar. 2024) = 131.7762.

Trade-Van Information Services Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.116 100.560 2.773
201409 1.953 100.428 2.563
201412 2.985 99.070 3.970
201503 1.980 99.621 2.619
201506 2.034 100.684 2.662
201509 1.967 100.392 2.582
201512 2.728 99.792 3.602
201603 1.955 100.470 2.564
201606 2.047 101.688 2.653
201609 2.025 101.861 2.620
201612 2.275 101.863 2.943
201703 1.996 102.862 2.557
201706 2.243 103.349 2.860
201709 2.337 104.136 2.957
201712 2.779 104.011 3.521
201803 2.199 105.290 2.752
201806 2.326 106.317 2.883
201809 2.848 106.507 3.524
201812 3.151 105.998 3.917
201903 2.443 107.251 3.002
201906 2.681 108.070 3.269
201909 2.712 108.329 3.299
201912 3.642 108.420 4.427
202003 2.645 108.902 3.201
202006 2.891 108.767 3.503
202009 3.591 109.815 4.309
202012 3.464 109.897 4.154
202103 3.577 111.754 4.218
202106 3.223 114.631 3.705
202109 3.338 115.734 3.801
202112 4.667 117.630 5.228
202203 4.115 121.301 4.470
202206 3.506 125.017 3.696
202209 3.421 125.227 3.600
202212 3.996 125.222 4.205
202303 3.545 127.348 3.668
202306 3.435 128.729 3.516
202309 3.625 129.860 3.679
202312 4.653 129.419 4.738
202403 3.818 131.776 3.818

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.


Trade-Van Information Services Co  (TPE:6183) 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.


Trade-Van Information Services Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Trade-Van Information Services Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Trade-Van Information Services Co (TPE:6183) Business Description

Traded in Other Exchanges
N/A
Address
No. 19-13, Sanchong Road, 6th Floor, Nangang District, Taipei, TWN, 115
Trade-Van Information Services Co Ltd is a Taiwan-based company. The company has only one reportable segment that is providing electronic data exchanging and related services. The group earns revenue in the form of Electronic data exchanging services, project services, and Equipment managing services.

Trade-Van Information Services Co (TPE:6183) Headlines

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