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Kwang Ming Silk Mill Co (ROCO:4420) Cyclically Adjusted PS Ratio : 2.07 (As of Jun. 03, 2025)


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What is Kwang Ming Silk Mill Co Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Kwang Ming Silk Mill Co's current share price is NT$56.10. Kwang Ming Silk Mill Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$27.11. Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio for today is 2.07.

The historical rank and industry rank for Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4420' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.28   Max: 2.8
Current: 2.07

During the past years, Kwang Ming Silk Mill Co's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.88. And the median was 1.28.

ROCO:4420's Cyclically Adjusted PS Ratio is ranked worse than
79.54% of 831 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.66 vs ROCO:4420: 2.07

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.

Kwang Ming Silk Mill Co's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$6.123. 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$27.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kwang Ming Silk Mill Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kwang Ming Silk Mill 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.

Kwang Ming Silk Mill Co Cyclically Adjusted PS Ratio Chart

Kwang Ming Silk Mill Co 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 1.14 1.43 1.21 1.74 2.03

Kwang Ming Silk Mill Co 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 1.84 2.22 2.03 2.03 1.88

Competitive Comparison of Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Kwang Ming Silk Mill 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.


Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio falls into.


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Kwang Ming Silk Mill 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.

Kwang Ming Silk Mill Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.10/27.11
=2.07

* 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.

Kwang Ming Silk Mill Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Kwang Ming Silk Mill Co'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)
=6.123/134.9266*134.9266
=6.123

Current CPI (Mar. 2025) = 134.9266.

Kwang Ming Silk Mill Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.205 100.684 4.295
201509 6.083 100.392 8.176
201512 8.216 99.792 11.109
201603 7.276 100.470 9.771
201606 7.758 101.688 10.294
201609 5.823 101.861 7.713
201612 6.708 101.863 8.885
201703 6.535 102.862 8.572
201706 7.004 103.349 9.144
201709 7.046 104.136 9.129
201712 6.650 104.011 8.627
201803 6.775 105.290 8.682
201806 6.461 106.317 8.200
201809 7.303 106.507 9.252
201812 6.627 105.998 8.436
201903 5.894 107.251 7.415
201906 5.185 108.070 6.474
201909 5.138 108.329 6.399
201912 4.765 108.420 5.930
202003 4.250 108.902 5.266
202006 2.382 108.767 2.955
202009 3.439 109.815 4.225
202012 4.841 109.897 5.944
202103 5.840 111.754 7.051
202106 5.892 114.631 6.935
202109 5.063 115.734 5.903
202112 5.886 117.630 6.752
202203 6.058 121.301 6.738
202206 5.610 125.017 6.055
202209 5.878 125.227 6.333
202212 5.402 125.222 5.821
202303 4.172 127.348 4.420
202306 3.823 128.729 4.007
202309 4.223 129.860 4.388
202312 4.619 129.419 4.816
202403 4.161 131.776 4.260
202406 4.602 132.554 4.684
202409 6.016 133.029 6.102
202412 5.769 133.157 5.846
202503 6.123 134.927 6.123

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.


Kwang Ming Silk Mill Co  (ROCO:4420) 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.


Kwang Ming Silk Mill Co Cyclically Adjusted PS Ratio Related Terms

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


Kwang Ming Silk Mill Co Business Description

Traded in Other Exchanges
N/A
Address
No. 607, Ruiguang Road, 7th Floor, Neihu District, Taipei, TWN
Kwang Ming Silk Mill Co Ltd is involved in the manufacture and sale of woven fabric and blended fibers. Its products are used to manufacture bridal dress, sports, and casual wears, household decorations, industrial fabrics, and lining cloth, among others. The company has two reportable departments: the fiber department and the real estate development department. The fiber department is engaged in processing yarn, production and trading. The real estate development department is engaged in the development and leasing of residential and commercial office buildings and factories. The majority of its revenue is generated from the fiber department segment.

Kwang Ming Silk Mill Co Headlines

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