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Titan Petrochemicals Group (FRA:TIP1) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Titan Petrochemicals Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Petrochemicals Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Titan Petrochemicals Group'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.

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Titan Petrochemicals Group Cyclically Adjusted PS Ratio Chart

Titan Petrochemicals Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Titan Petrochemicals Group Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of Titan Petrochemicals Group's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Titan Petrochemicals Group'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.


Titan Petrochemicals Group's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Titan Petrochemicals Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Titan Petrochemicals Group 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.

Titan Petrochemicals Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Titan Petrochemicals Group's adjusted Revenue per Share data for the fiscal year that ended in Dec19 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=0.024/110.6999*110.6999
=0.024

Current CPI (Dec19) = 110.6999.

Titan Petrochemicals Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.847 83.217 1.127
201112 0.768 87.944 0.967
201212 0.512 91.132 0.622
201312 0.248 95.090 0.289
201412 0.000 99.707 0.000
201512 0.000 102.015 0.000
201612 0.002 103.225 0.002
201712 0.107 104.984 0.113
201812 0.006 107.622 0.006
201912 0.024 110.700 0.024

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.


Titan Petrochemicals Group  (FRA:TIP1) 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.


Titan Petrochemicals Group Cyclically Adjusted PS Ratio Related Terms

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Titan Petrochemicals Group (FRA:TIP1) Business Description

Traded in Other Exchanges
N/A
Address
303 Hennessy Road, Room 802, 8th Floor, OfficePlus@Wan Chai, Wanchai, Hong Kong, HKG
Titan Petrochemicals Group Ltd is principally engaged in the business of construction and repair of the ship, and upstream and downstream oil and gas business. It is also engaged in providing logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. It operates through two business units: Trading of commodities; and Shipbuilding, ship repairing and manufacturing of steel structure. It earns all its revenues from China.

Titan Petrochemicals Group (FRA:TIP1) Headlines

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