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Feng Ching Metal (ROCO:2061) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 03, 2025)


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What is Feng Ching Metal Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Feng Ching Metal's current share price is NT$17.05. Feng Ching Metal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$25.16. Feng Ching Metal's Cyclically Adjusted PS Ratio for today is 0.68.

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

ROCO:2061' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.58   Max: 1.08
Current: 0.68

During the past years, Feng Ching Metal's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.18. And the median was 0.58.

ROCO:2061's Cyclically Adjusted PS Ratio is ranked better than
76.1% of 2046 companies
in the Industrial Products industry
Industry Median: 1.73 vs ROCO:2061: 0.68

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.

Feng Ching Metal's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$5.163. 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$25.16 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feng Ching Metal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Feng Ching Metal'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.

Feng Ching Metal Cyclically Adjusted PS Ratio Chart

Feng Ching Metal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.67 0.78 0.61 0.72

Feng Ching Metal Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.63 0.95 0.98 0.72 0.79

Competitive Comparison of Feng Ching Metal's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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


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Feng Ching Metal 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.

Feng Ching Metal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.05/25.16
=0.68

* 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.

Feng Ching Metal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Feng Ching Metal's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.163/134.9266*134.9266
=5.163

Current CPI (Mar. 2025) = 134.9266.

Feng Ching Metal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.201 100.684 8.310
201509 5.266 100.392 7.078
201512 5.958 99.792 8.056
201603 4.407 100.470 5.918
201606 4.441 101.688 5.893
201609 5.105 101.861 6.762
201612 6.113 101.863 8.097
201703 5.729 102.862 7.515
201706 6.393 103.349 8.346
201709 7.132 104.136 9.241
201712 6.145 104.011 7.971
201803 6.982 105.290 8.947
201806 7.032 106.317 8.924
201809 6.803 106.507 8.618
201812 5.904 105.998 7.515
201903 5.506 107.251 6.927
201906 5.021 108.070 6.269
201909 4.451 108.329 5.544
201912 4.249 108.420 5.288
202003 2.406 108.902 2.981
202006 3.011 108.767 3.735
202009 3.579 109.815 4.397
202012 5.032 109.897 6.178
202103 4.633 111.754 5.594
202106 5.555 114.631 6.538
202109 5.160 115.734 6.016
202112 4.879 117.630 5.596
202203 4.124 121.301 4.587
202206 4.801 125.017 5.182
202209 4.948 125.227 5.331
202212 5.512 125.222 5.939
202303 3.980 127.348 4.217
202306 4.658 128.729 4.882
202309 4.526 129.860 4.703
202312 5.222 129.419 5.444
202403 4.277 131.776 4.379
202406 6.536 132.554 6.653
202409 6.092 133.029 6.179
202412 6.629 133.157 6.717
202503 5.163 134.927 5.163

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.


Feng Ching Metal  (ROCO:2061) 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.


Feng Ching Metal Cyclically Adjusted PS Ratio Related Terms

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


Feng Ching Metal Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.

Feng Ching Metal Headlines

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