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Taiwan Taxi Co (ROCO:2640) Cyclically Adjusted PS Ratio : 3.04 (As of May. 23, 2024)


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What is Taiwan Taxi Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Taiwan Taxi Co's current share price is NT$120.00. Taiwan Taxi Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$39.47. Taiwan Taxi Co's Cyclically Adjusted PS Ratio for today is 3.04.

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

ROCO:2640' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.29   Med: 2.76   Max: 3.98
Current: 3.04

During the past years, Taiwan Taxi Co's highest Cyclically Adjusted PS Ratio was 3.98. The lowest was 2.29. And the median was 2.76.

ROCO:2640's Cyclically Adjusted PS Ratio is ranked worse than
83.76% of 739 companies
in the Transportation industry
Industry Median: 0.84 vs ROCO:2640: 3.04

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.

Taiwan Taxi Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$12.288. 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$39.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Taxi Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Taxi 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.

Taiwan Taxi Co Cyclically Adjusted PS Ratio Chart

Taiwan Taxi 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 - 2.76 2.73 2.58 2.93

Taiwan Taxi 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 3.20 3.11 2.88 2.93 2.99

Competitive Comparison of Taiwan Taxi Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Taiwan Taxi 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.


Taiwan Taxi Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Taxi Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiwan Taxi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=120.00/39.47
=3.04

* 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.

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

For example, Taiwan Taxi 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)
=12.288/131.7762*131.7762
=12.288

Current CPI (Mar. 2024) = 131.7762.

Taiwan Taxi Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.621 100.560 7.366
201409 6.331 100.428 8.307
201412 6.217 99.070 8.269
201503 5.605 99.621 7.414
201506 6.141 100.684 8.037
201509 6.578 100.392 8.634
201512 5.849 99.792 7.724
201603 6.503 100.470 8.529
201606 7.121 101.688 9.228
201609 6.675 101.861 8.635
201612 7.030 101.863 9.094
201703 6.656 102.862 8.527
201706 7.089 103.349 9.039
201709 7.358 104.136 9.311
201712 7.421 104.011 9.402
201803 7.813 105.290 9.778
201806 8.129 106.317 10.076
201809 8.041 106.507 9.949
201812 7.688 105.998 9.558
201903 7.725 107.251 9.492
201906 8.215 108.070 10.017
201909 8.337 108.329 10.141
201912 8.512 108.420 10.346
202003 8.291 108.902 10.033
202006 7.983 108.767 9.672
202009 8.464 109.815 10.157
202012 8.822 109.897 10.578
202103 8.895 111.754 10.489
202106 8.239 114.631 9.471
202109 7.771 115.734 8.848
202112 10.379 117.630 11.627
202203 10.579 121.301 11.493
202206 9.774 125.017 10.302
202209 10.574 125.227 11.127
202212 11.674 125.222 12.285
202303 11.391 127.348 11.787
202306 11.805 128.729 12.084
202309 11.823 129.860 11.998
202312 13.325 129.419 13.568
202403 12.288 131.776 12.288

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.


Taiwan Taxi Co  (ROCO:2640) 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.


Taiwan Taxi Co Cyclically Adjusted PS Ratio Related Terms

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


Taiwan Taxi Co (ROCO:2640) Business Description

Traded in Other Exchanges
N/A
Address
Chang'an East Road, Zhongshan District, 2nd Floor, No. 162, Section 2, Taipei City, TWN, 241
Taiwan Taxi Co Ltd Inc is a platform peripheral sales and service activities derived from the platform, which are divided into product sales and labor services and information media. The company is engaged in providing taxi passengers cars with drivers. It provides taxi services around Taiwan.

Taiwan Taxi Co (ROCO:2640) Headlines

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