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Shieh Yih Machinery Industry Co (ROCO:4533) Cyclically Adjusted PS Ratio : 1.06 (As of May. 04, 2025)


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What is Shieh Yih Machinery Industry Co Cyclically Adjusted PS Ratio?

As of today (2025-05-04), Shieh Yih Machinery Industry Co's current share price is NT$28.55. Shieh Yih Machinery Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was NT$27.05. Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio for today is 1.06.

The historical rank and industry rank for Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4533' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.43   Max: 1.84
Current: 0.97

During the past years, Shieh Yih Machinery Industry Co's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 0.35. And the median was 0.43.

ROCO:4533's Cyclically Adjusted PS Ratio is ranked better than
66% of 2044 companies
in the Industrial Products industry
Industry Median: 1.66 vs ROCO:4533: 0.97

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.

Shieh Yih Machinery Industry Co's adjusted revenue per share data for the three months ended in Dec. 2024 was NT$5.568. 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$27.05 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shieh Yih Machinery Industry Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shieh Yih Machinery Industry 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.

Shieh Yih Machinery Industry Co Cyclically Adjusted PS Ratio Chart

Shieh Yih Machinery Industry 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 0.44 0.46 0.37 0.98 1.38

Shieh Yih Machinery Industry Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.98 0.98 1.73 1.47 1.38

Competitive Comparison of Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Shieh Yih Machinery Industry 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.


Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio falls into.


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Shieh Yih Machinery Industry 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.

Shieh Yih Machinery Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.55/27.05
=1.06

* 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.

Shieh Yih Machinery Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Shieh Yih Machinery Industry Co's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.568/133.1571*133.1571
=5.568

Current CPI (Dec. 2024) = 133.1571.

Shieh Yih Machinery Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 3.527 99.621 4.714
201506 7.785 100.684 10.296
201509 4.898 100.392 6.497
201512 5.592 99.792 7.462
201603 7.020 100.470 9.304
201606 6.528 101.688 8.548
201609 6.190 101.861 8.092
201612 6.323 101.863 8.266
201703 6.466 102.862 8.370
201706 5.928 103.349 7.638
201709 5.669 104.136 7.249
201712 7.148 104.011 9.151
201803 5.089 105.290 6.436
201806 7.337 106.317 9.189
201809 6.170 106.507 7.714
201812 6.142 105.998 7.716
201903 4.334 107.251 5.381
201906 4.937 108.070 6.083
201909 5.210 108.329 6.404
201912 6.385 108.420 7.842
202003 3.069 108.902 3.753
202006 4.646 108.767 5.688
202009 4.892 109.815 5.932
202012 4.220 109.897 5.113
202103 4.755 111.754 5.666
202106 6.095 114.631 7.080
202109 6.769 115.734 7.788
202112 6.628 117.630 7.503
202203 4.896 121.301 5.375
202206 4.053 125.017 4.317
202209 7.762 125.227 8.254
202212 5.701 125.222 6.062
202303 5.570 127.348 5.824
202306 6.167 128.729 6.379
202309 4.625 129.860 4.742
202312 5.710 129.419 5.875
202403 5.020 131.776 5.073
202406 5.899 132.554 5.926
202409 6.253 133.029 6.259
202412 5.568 133.157 5.568

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.


Shieh Yih Machinery Industry Co  (ROCO:4533) 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.


Shieh Yih Machinery Industry Co Cyclically Adjusted PS Ratio Related Terms

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


Shieh Yih Machinery Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.446, Nanshang Road, Guishan District, Taoyuan, TWN, 333014
Shieh Yih Machinery Industry Co Ltd designs, develops, manufactures, and sells machinery, and provides IT software services and other design services. The company derives the majority of its revenue from sales of equipment. Its products comprise Straight Side Mechanical Press, Servo Press, and Link Mechanical Press, among others.

Shieh Yih Machinery Industry Co Headlines

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