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Sumeeko Industries Co (ROCO:2066) Cyclically Adjusted PS Ratio : 1.49 (As of Dec. 14, 2024)


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What is Sumeeko Industries Co Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Sumeeko Industries Co's current share price is NT$93.00. Sumeeko Industries Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$62.54. Sumeeko Industries Co's Cyclically Adjusted PS Ratio for today is 1.49.

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

ROCO:2066' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.42   Max: 2.39
Current: 1.73

During the past years, Sumeeko Industries Co's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 1.03. And the median was 1.42.

ROCO:2066's Cyclically Adjusted PS Ratio is ranked better than
52.06% of 1894 companies
in the Industrial Products industry
Industry Median: 1.85 vs ROCO:2066: 1.73

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.

Sumeeko Industries Co's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$14.941. 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$62.54 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumeeko Industries Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sumeeko Industries 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.

Sumeeko Industries Co Cyclically Adjusted PS Ratio Chart

Sumeeko Industries 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 - 1.24 1.27 1.32 1.52

Sumeeko Industries Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.41 1.52 1.59 2.15 1.75

Competitive Comparison of Sumeeko Industries Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Sumeeko Industries 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.


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

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

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



Sumeeko Industries 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.00/62.54
=1.49

* 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.

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

For example, Sumeeko Industries Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.941/133.0289*133.0289
=14.941

Current CPI (Sep. 2024) = 133.0289.

Sumeeko Industries Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.220 99.070 12.380
201503 8.527 99.621 11.387
201506 9.486 100.684 12.533
201509 8.702 100.392 11.531
201512 8.738 99.792 11.648
201603 8.223 100.470 10.888
201606 9.118 101.688 11.928
201609 8.494 101.861 11.093
201612 9.146 101.863 11.944
201703 8.935 102.862 11.555
201706 8.950 103.349 11.520
201709 9.430 104.136 12.046
201712 9.311 104.011 11.909
201803 8.569 105.290 10.827
201806 9.378 106.317 11.734
201809 17.516 106.507 21.878
201812 18.776 105.998 23.564
201903 17.984 107.251 22.307
201906 17.849 108.070 21.971
201909 16.329 108.329 20.052
201912 14.772 108.420 18.125
202003 15.051 108.902 18.386
202006 10.365 108.767 12.677
202009 15.283 109.815 18.514
202012 14.339 109.897 17.357
202103 16.539 111.754 19.688
202106 16.385 114.631 19.015
202109 15.128 115.734 17.389
202112 15.063 117.630 17.035
202203 15.799 121.301 17.327
202206 17.121 125.017 18.218
202209 17.669 125.227 18.770
202212 17.166 125.222 18.236
202303 17.314 127.348 18.086
202306 16.438 128.729 16.987
202309 16.108 129.860 16.501
202312 11.261 129.419 11.575
202403 15.777 131.776 15.927
202406 15.869 132.554 15.926
202409 14.941 133.029 14.941

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.


Sumeeko Industries Co  (ROCO:2066) 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.


Sumeeko Industries Co Cyclically Adjusted PS Ratio Related Terms

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


Sumeeko Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No.20, Huaxi Road, Ta-Fa Industrial District, Kaohsiung, TWN, 831
Sumeeko Industries Co Ltd manufactures and distributes screw nuts, parts and accessories for automobiles, machinery, electric appliances, agricultural equipment, and others. It provides purchasing integration services, agent warehousing, and foundry services. The company also offers threaded fasteners for electronics, construction, furniture, and other industries.

Sumeeko Industries Co Headlines

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