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Teco Electric & Machinery Co (LSE:TECD) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Teco Electric & Machinery Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teco Electric & Machinery 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.

Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Chart

Teco Electric & Machinery 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 0.93 0.99 1.09 0.91 1.54

Teco Electric & Machinery 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 1.38 1.74 1.70 1.54 1.87

Competitive Comparison of Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio falls into.



Teco Electric & Machinery 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.

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

For example, Teco Electric & Machinery 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)
=2.163/131.7762*131.7762
=2.163

Current CPI (Mar. 2024) = 131.7762.

Teco Electric & Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.386 100.560 3.127
201409 2.241 100.428 2.941
201412 1.975 99.070 2.627
201503 1.880 99.621 2.487
201506 1.983 100.684 2.595
201509 1.881 100.392 2.469
201512 1.906 99.792 2.517
201603 1.808 100.470 2.371
201606 1.993 101.688 2.583
201609 1.910 101.861 2.471
201612 2.099 101.863 2.715
201703 1.962 102.862 2.514
201706 2.179 103.349 2.778
201709 2.101 104.136 2.659
201712 2.213 104.011 2.804
201803 2.079 105.290 2.602
201806 2.139 106.317 2.651
201809 1.961 106.507 2.426
201812 2.108 105.998 2.621
201903 1.894 107.251 2.327
201906 2.001 108.070 2.440
201909 1.864 108.329 2.267
201912 1.990 108.420 2.419
202003 1.767 108.902 2.138
202006 1.892 108.767 2.292
202009 1.958 109.815 2.350
202012 2.209 109.897 2.649
202103 2.038 111.754 2.403
202106 2.303 114.631 2.647
202109 2.366 115.734 2.694
202112 2.476 117.630 2.774
202203 2.441 121.301 2.652
202206 2.453 125.017 2.586
202209 2.365 125.227 2.489
202212 2.453 125.222 2.581
202303 2.437 127.348 2.522
202306 2.439 128.729 2.497
202309 2.348 129.860 2.383
202312 2.295 129.419 2.337
202403 2.163 131.776 2.163

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.


Teco Electric & Machinery Co  (LSE:TECD) 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.


Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Related Terms

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Teco Electric & Machinery Co (LSE:TECD) Business Description

Traded in Other Exchanges
Address
No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.