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Kunyue Development Co (ROCO:5206) Cyclically Adjusted PS Ratio : 2.71 (As of May. 15, 2024)


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What is Kunyue Development Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Kunyue Development Co's current share price is NT$35.30. Kunyue Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$13.04. Kunyue Development Co's Cyclically Adjusted PS Ratio for today is 2.71.

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

ROCO:5206' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.68   Max: 3.04
Current: 2.82

During the past years, Kunyue Development Co's highest Cyclically Adjusted PS Ratio was 3.04. The lowest was 1.13. And the median was 1.68.

ROCO:5206's Cyclically Adjusted PS Ratio is ranked worse than
63.23% of 1368 companies
in the Real Estate industry
Industry Median: 1.75 vs ROCO:5206: 2.82

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.

Kunyue Development Co's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$8.641. 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$13.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kunyue Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kunyue 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.

Kunyue Development Co Cyclically Adjusted PS Ratio Chart

Kunyue 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 1.98 1.73 1.33 1.34 2.09

Kunyue Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.34 1.34 1.66 1.89 2.09

Competitive Comparison of Kunyue Development Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Kunyue 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.


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

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

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



Kunyue 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.30/13.04
=2.71

* 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.

Kunyue Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kunyue Development Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.641/129.4194*129.4194
=8.641

Current CPI (Dec. 2023) = 129.4194.

Kunyue Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.151 99.695 0.196
201406 0.461 100.560 0.593
201409 3.895 100.428 5.019
201412 0.621 99.070 0.811
201503 0.169 99.621 0.220
201506 1.593 100.684 2.048
201509 3.832 100.392 4.940
201512 5.262 99.792 6.824
201603 0.558 100.470 0.719
201606 0.686 101.688 0.873
201609 5.143 101.861 6.534
201612 0.519 101.863 0.659
201703 4.596 102.862 5.783
201706 1.588 103.349 1.989
201709 0.904 104.136 1.123
201712 1.499 104.011 1.865
201803 0.149 105.290 0.183
201806 1.222 106.317 1.488
201809 4.297 106.507 5.221
201812 3.676 105.998 4.488
201903 3.976 107.251 4.798
201906 3.789 108.070 4.538
201909 4.479 108.329 5.351
201912 1.758 108.420 2.098
202003 2.215 108.902 2.632
202006 5.821 108.767 6.926
202009 4.751 109.815 5.599
202012 4.784 109.897 5.634
202103 1.157 111.754 1.340
202106 2.230 114.631 2.518
202109 8.638 115.734 9.659
202112 0.062 117.630 0.068
202203 0.000 121.301 0.000
202206 0.015 125.017 0.016
202209 0.769 125.227 0.795
202212 1.769 125.222 1.828
202303 9.940 127.348 10.102
202306 0.632 128.729 0.635
202309 2.377 129.860 2.369
202312 8.641 129.419 8.641

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.


Kunyue Development Co  (ROCO:5206) 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.


Kunyue Development Co Cyclically Adjusted PS Ratio Related Terms

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


Kunyue Development Co (ROCO:5206) Business Description

Traded in Other Exchanges
N/A
Address
No. 402, Section 2, 19th Floor, Shizheng Rd., Xitun Dist., Taichung, TWN
Kunyue Development Co Ltd is engaged in the construction and leasing of residential buildings and commercial buildings, and real estate development. The company earns revenue from development of lands and buildings.

Kunyue Development Co (ROCO:5206) Headlines

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