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Mustang Industrial (ROCO:5460) Cyclically Adjusted PS Ratio : 1.04 (As of Jan. 18, 2025)


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What is Mustang Industrial Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Mustang Industrial's current share price is NT$13.95. Mustang Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$13.40. Mustang Industrial's Cyclically Adjusted PS Ratio for today is 1.04.

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

ROCO:5460' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.75   Max: 1.62
Current: 1.06

During the past years, Mustang Industrial's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.59. And the median was 0.75.

ROCO:5460's Cyclically Adjusted PS Ratio is ranked better than
65.96% of 1886 companies
in the Industrial Products industry
Industry Median: 1.735 vs ROCO:5460: 1.06

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.

Mustang Industrial's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$1.609. 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$13.40 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mustang Industrial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mustang Industrial'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.

Mustang Industrial Cyclically Adjusted PS Ratio Chart

Mustang Industrial 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 0.74 0.74 0.82 0.72 0.98

Mustang Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.94 0.98 1.00 1.02 1.44

Competitive Comparison of Mustang Industrial's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Mustang Industrial'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.


Mustang Industrial's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mustang Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mustang Industrial's Cyclically Adjusted PS Ratio falls into.



Mustang Industrial 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.

Mustang Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.95/13.4
=1.04

* 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.

Mustang Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Mustang Industrial's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.609/133.0289*133.0289
=1.609

Current CPI (Sep. 2024) = 133.0289.

Mustang Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.127 99.070 5.542
201503 4.280 99.621 5.715
201506 4.460 100.684 5.893
201509 3.602 100.392 4.773
201512 3.432 99.792 4.575
201603 3.423 100.470 4.532
201606 3.763 101.688 4.923
201609 3.033 101.861 3.961
201612 3.171 101.863 4.141
201703 3.435 102.862 4.442
201706 3.878 103.349 4.992
201709 3.256 104.136 4.159
201712 3.474 104.011 4.443
201803 3.229 105.290 4.080
201806 4.004 106.317 5.010
201809 3.193 106.507 3.988
201812 2.359 105.998 2.961
201903 2.813 107.251 3.489
201906 3.208 108.070 3.949
201909 2.965 108.329 3.641
201912 3.590 108.420 4.405
202003 2.908 108.902 3.552
202006 3.725 108.767 4.556
202009 2.419 109.815 2.930
202012 2.002 109.897 2.423
202103 2.251 111.754 2.680
202106 1.675 114.631 1.944
202109 2.618 115.734 3.009
202112 1.887 117.630 2.134
202203 1.889 121.301 2.072
202206 1.419 125.017 1.510
202209 1.547 125.227 1.643
202212 1.751 125.222 1.860
202303 1.496 127.348 1.563
202306 1.536 128.729 1.587
202309 1.624 129.860 1.664
202312 1.348 129.419 1.386
202403 0.911 131.776 0.920
202406 1.379 132.554 1.384
202409 1.609 133.029 1.609

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.


Mustang Industrial  (ROCO:5460) 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.


Mustang Industrial Cyclically Adjusted PS Ratio Related Terms

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


Mustang Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lane 429, Min'an Road, Xinzhuang District, New Taipei, TWN, 242
Mustang Industrial Corp is engaged in the manufacture and distribution of metal stamping components in Taiwan. Its products include shielding frames and metal covers, brackets, chassis, antenna springs, and shielding cans, among others.

Mustang Industrial Headlines

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