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SMEC Co (XKRX:099440) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 09, 2024)


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What is SMEC Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), SMEC Co's current share price is ₩3755.00. SMEC Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩6,226.00. SMEC Co's Cyclically Adjusted PS Ratio for today is 0.60.

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

XKRX:099440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.82
Current: 0.6

During the past years, SMEC Co's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.19. And the median was 0.31.

XKRX:099440's Cyclically Adjusted PS Ratio is ranked better than
76.57% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs XKRX:099440: 0.60

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.

SMEC Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩1,144.435. 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 ₩6,226.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMEC Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SMEC 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.

SMEC Co Cyclically Adjusted PS Ratio Chart

SMEC 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 0.34 0.28 0.29 0.27 0.67

SMEC 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 0.35 0.36 0.79 0.67 0.62

Competitive Comparison of SMEC Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, SMEC 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.


SMEC Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



SMEC 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.

SMEC Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3755.00/6226
=0.60

* 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.

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

For example, SMEC 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)
=1144.435/118.8477*118.8477
=1,144.435

Current CPI (Mar. 2024) = 118.8477.

SMEC Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,650.837 99.353 1,974.758
201409 1,590.108 99.608 1,897.244
201412 2,273.475 99.098 2,726.566
201503 1,099.207 99.720 1,310.050
201506 1,513.433 100.050 1,797.781
201509 1,312.267 100.110 1,557.885
201512 1,872.588 100.220 2,220.642
201603 952.731 100.560 1,125.993
201606 800.654 100.790 944.100
201609 1,687.525 101.460 1,976.724
201612 2,184.714 101.560 2,556.599
201703 1,723.092 102.850 1,991.109
201706 1,586.079 102.610 1,837.071
201709 1,814.517 103.490 2,083.788
201712 1,673.517 102.990 1,931.194
201803 940.162 104.100 1,073.353
201806 1,287.260 104.130 1,469.201
201809 867.622 105.650 976.005
201812 937.781 104.350 1,068.070
201903 1,089.633 104.490 1,239.357
201906 4,104.475 104.880 4,651.100
201909 1,047.814 105.200 1,183.748
201912 1,187.160 105.120 1,342.192
202003 794.765 105.540 894.978
202006 999.488 104.870 1,132.706
202009 1,169.216 106.200 1,308.462
202012 1,323.472 105.765 1,487.174
202103 955.130 107.357 1,057.358
202106 1,170.726 107.579 1,293.362
202109 1,032.075 108.759 1,127.810
202112 1,429.045 109.676 1,548.544
202203 1,227.411 111.806 1,304.717
202206 1,327.876 114.083 1,383.337
202209 1,179.814 114.831 1,221.080
202212 1,300.439 115.200 1,341.614
202303 1,384.304 116.550 1,411.599
202306 1,361.636 117.140 1,381.487
202309 1,111.715 119.111 1,109.256
202312 1,177.563 118.848 1,177.563
202403 1,144.435 118.848 1,144.435

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.


SMEC Co  (XKRX:099440) 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.


SMEC Co Cyclically Adjusted PS Ratio Related Terms

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


SMEC Co (XKRX:099440) Business Description

Traded in Other Exchanges
N/A
Address
666 Gasul-ri, Daesan-myeon, Changwon, Ulsan, Gyeongsangnam-do, KOR, 8231500-4800
SMEC Co Ltd manufactures and sells machine tools, semiconductor and telecommunication equipment, robots, and laser equipment. The company offers machine tools, such as CNC lathes, machining center; parts; and robots associated with LCD production. It also provides network solutions, such as trunk, signaling, media, video, and IMS media gateways, as well as media gateway controllers, media resource function solutions, and session border controllers; LTE gateway solutions, including LTE SmallCell, evolved packet data, and trusted wireless access gateways; and WiFi solutions comprising WiFi access points and WiFi AP controllers. In addition, the company offers military satellite communication system; Internet of things; digital radio communication system solutions.

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