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Daesang (XKRX:001680) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 05, 2024)


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What is Daesang Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Daesang's current share price is ₩23100.00. Daesang's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩99,292.70. Daesang's Cyclically Adjusted PS Ratio for today is 0.23.

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

XKRX:001680' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.32   Max: 0.44
Current: 0.24

During the past years, Daesang's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.17. And the median was 0.32.

XKRX:001680's Cyclically Adjusted PS Ratio is ranked better than
83.72% of 1382 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs XKRX:001680: 0.24

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.

Daesang's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩28,999.227. 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 ₩99,292.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daesang Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daesang'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.

Daesang Cyclically Adjusted PS Ratio Chart

Daesang 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 0.31 0.33 0.28 0.24 0.21

Daesang 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 0.21 0.18 0.19 0.21 0.20

Competitive Comparison of Daesang's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Daesang'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.


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

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

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



Daesang 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.

Daesang's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23100.00/99292.7
=0.23

* 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.

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

For example, Daesang'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)
=28999.227/118.8477*118.8477
=28,999.227

Current CPI (Mar. 2024) = 118.8477.

Daesang Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17,839.947 99.353 21,340.439
201409 19,219.111 99.608 22,931.362
201412 17,733.274 99.098 21,267.420
201503 17,765.930 99.720 21,173.686
201506 17,932.572 100.050 21,301.798
201509 19,347.642 100.110 22,968.962
201512 18,066.086 100.220 21,423.995
201603 18,997.726 100.560 22,452.626
201606 19,734.608 100.790 23,270.292
201609 20,833.087 101.460 24,403.356
201612 19,699.126 101.560 23,052.342
201703 19,826.238 102.850 22,910.090
201706 20,386.035 102.610 23,612.059
201709 22,752.285 103.490 26,128.677
201712 19,764.442 102.990 22,807.636
201803 20,523.702 104.100 23,431.266
201806 20,123.535 104.130 22,967.789
201809 21,769.028 105.650 24,488.395
201812 19,640.644 104.350 22,369.385
201903 20,090.498 104.490 22,851.081
201906 20,301.586 104.880 23,005.309
201909 21,738.673 105.200 24,558.853
201912 20,148.778 105.120 22,780.022
202003 20,979.471 105.540 23,624.805
202006 21,721.234 104.870 24,616.370
202009 23,209.146 106.200 25,973.198
202012 20,519.345 105.765 23,057.417
202103 23,569.765 107.357 26,092.450
202106 23,095.055 107.579 25,514.314
202109 25,439.175 108.759 27,798.912
202112 25,109.512 109.676 27,209.206
202203 27,401.241 111.806 29,127.062
202206 28,501.372 114.083 29,691.790
202209 29,381.421 114.831 30,409.081
202212 28,020.210 115.200 28,907.393
202303 27,451.712 116.550 27,992.999
202306 28,970.573 117.140 29,392.939
202309 32,430.129 119.111 32,358.386
202312 24,665.012 118.848 24,665.012
202403 28,999.227 118.848 28,999.227

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.


Daesang  (XKRX:001680) 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.


Daesang Cyclically Adjusted PS Ratio Related Terms

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


Daesang (XKRX:001680) Business Description

Traded in Other Exchanges
Address
DaeSang Building 96-48 ShinSul-Dong, DongDaeMoon-Gu, Seoul, KOR, 130-706
Daesang Corp is a part of the packaged foods industry. The company's business relates to the production and distribution of food items such as marinade sauces, canned foods, seasonings, soups and noodles, health foods and beverages. It also sells food ingredients such as corn syrup, crystalline fructose, corn syrup, corn starch, fish paste starch, and others. Its marketing channel comprises of direct sales through stores and sales agencies.

Daesang (XKRX:001680) Headlines

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