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Huang Long Development Co (ROCO:3512) Cyclically Adjusted PS Ratio : 1.79 (As of Jun. 16, 2024)


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What is Huang Long Development Co Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Huang Long Development Co's current share price is NT$43.10. Huang Long Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$24.11. Huang Long Development Co's Cyclically Adjusted PS Ratio for today is 1.79.

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

ROCO:3512' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.57   Max: 2.21
Current: 1.79

During the past years, Huang Long Development Co's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 1.29. And the median was 1.57.

ROCO:3512's Cyclically Adjusted PS Ratio is ranked worse than
51.13% of 1367 companies
in the Real Estate industry
Industry Median: 1.76 vs ROCO:3512: 1.79

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.

Huang Long Development Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$5.279. 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$24.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huang Long Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Huang Long Development 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.

Huang Long Development Co Cyclically Adjusted PS Ratio Chart

Huang Long Development 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 1.80 1.63 1.73 1.35 1.41

Huang Long Development 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 1.43 1.46 1.41 1.41 1.55

Competitive Comparison of Huang Long Development Co's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Huang Long Development 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.


Huang Long Development Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Long Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huang Long Development Co's Cyclically Adjusted PS Ratio falls into.



Huang Long Development 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.

Huang Long Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.10/24.11
=1.79

* 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.

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

For example, Huang Long Development 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)
=5.279/131.7762*131.7762
=5.279

Current CPI (Mar. 2024) = 131.7762.

Huang Long Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.720 100.560 4.875
201409 3.425 100.428 4.494
201412 3.812 99.070 5.070
201503 2.462 99.621 3.257
201506 3.384 100.684 4.429
201509 4.798 100.392 6.298
201512 3.108 99.792 4.104
201603 1.755 100.470 2.302
201606 1.821 101.688 2.360
201609 2.859 101.861 3.699
201612 2.256 101.863 2.919
201703 2.466 102.862 3.159
201706 5.750 103.349 7.332
201709 7.384 104.136 9.344
201712 5.699 104.011 7.220
201803 2.780 105.290 3.479
201806 4.021 106.317 4.984
201809 3.472 106.507 4.296
201812 5.108 105.998 6.350
201903 6.442 107.251 7.915
201906 4.038 108.070 4.924
201909 3.348 108.329 4.073
201912 4.674 108.420 5.681
202003 3.676 108.902 4.448
202006 13.825 108.767 16.750
202009 5.790 109.815 6.948
202012 8.168 109.897 9.794
202103 7.824 111.754 9.226
202106 7.257 114.631 8.342
202109 5.911 115.734 6.730
202112 3.706 117.630 4.152
202203 7.226 121.301 7.850
202206 10.997 125.017 11.592
202209 4.894 125.227 5.150
202212 0.630 125.222 0.663
202303 9.270 127.348 9.592
202306 3.308 128.729 3.386
202309 12.769 129.860 12.957
202312 5.588 129.419 5.690
202403 5.279 131.776 5.279

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.


Huang Long Development Co  (ROCO:3512) 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.


Huang Long Development Co Cyclically Adjusted PS Ratio Related Terms

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


Huang Long Development Co (ROCO:3512) Business Description

Traded in Other Exchanges
N/A
Address
No. 171, Songde Road, 16th Floor-2, Xinyi District, Taipei City, TWN, 110
Huang Long Development Co Ltd is a Taiwan-based real estate company. It is engaged in the trading of real estate and the development and rental of residential buildings and office buildings.

Huang Long Development Co (ROCO:3512) Headlines

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