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Forg Innovation Co (ROCO:4712) Cyclically Adjusted PS Ratio : 0.47 (As of Sep. 25, 2024)


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What is Forg Innovation Co Cyclically Adjusted PS Ratio?

As of today (2024-09-25), Forg Innovation Co's current share price is NT$11.40. Forg Innovation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$24.43. Forg Innovation Co's Cyclically Adjusted PS Ratio for today is 0.47.

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

ROCO:4712' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.52   Max: 0.99
Current: 0.47

During the past years, Forg Innovation Co's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.37. And the median was 0.52.

ROCO:4712's Cyclically Adjusted PS Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.84 vs ROCO:4712: 0.47

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.

Forg Innovation Co's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$0.006. 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$24.43 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forg Innovation Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Cyclically Adjusted PS Ratio Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.85 0.56 0.53

Forg Innovation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 - 0.52 0.52 0.43 0.47

Competitive Comparison of Forg Innovation Co's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Forg Innovation 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.


Forg Innovation Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forg Innovation Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Forg Innovation 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.

Forg Innovation Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.40/24.43
=0.47

* 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.

Forg Innovation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Forg Innovation Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.006/132.5538*132.5538
=0.006

Current CPI (Jun. 2024) = 132.5538.

Forg Innovation Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 24.071 99.695 32.005
201406 16.735 100.560 22.059
201409 19.188 100.428 25.326
201412 15.782 99.070 21.116
201503 17.691 99.621 23.539
201506 10.441 100.684 13.746
201509 8.128 100.392 10.732
201512 7.506 99.792 9.970
201603 8.995 100.470 11.867
201606 6.109 101.688 7.963
201609 8.331 101.861 10.841
201612 10.883 101.863 14.162
201703 3.869 102.862 4.986
201706 2.647 103.349 3.395
201709 6.287 104.136 8.003
201712 4.549 104.011 5.797
201803 2.291 105.290 2.884
201806 2.814 106.317 3.508
201809 0.889 106.507 1.106
201812 0.768 105.998 0.960
201903 0.256 107.251 0.316
201906 0.821 108.070 1.007
201909 0.047 108.329 0.058
201912 0.266 108.420 0.325
202003 0.085 108.902 0.103
202006 0.072 108.767 0.088
202009 0.677 109.815 0.817
202012 0.227 109.897 0.274
202103 0.375 111.754 0.445
202106 0.172 114.631 0.199
202109 0.294 115.734 0.337
202112 0.159 117.630 0.179
202203 0.019 121.301 0.021
202206 0.009 125.017 0.010
202209 0.005 125.227 0.005
202303 0.000 127.348 0.000
202306 0.001 128.729 0.001
202309 0.002 129.860 0.002
202403 0.004 131.776 0.004
202406 0.006 132.554 0.006

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.


Forg Innovation Co  (ROCO:4712) 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.


Forg Innovation Co Cyclically Adjusted PS Ratio Related Terms

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


Forg Innovation Co Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

Forg Innovation Co Headlines

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