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Rich Development Co (ROCO:5512) Cyclically Adjusted PS Ratio : 1.32 (As of Jun. 20, 2024)


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What is Rich Development Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Rich Development Co's current share price is NT$12.20. Rich Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$9.26. Rich Development Co's Cyclically Adjusted PS Ratio for today is 1.32.

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

ROCO:5512' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.25   Max: 1.64
Current: 1.32

During the past years, Rich Development Co's highest Cyclically Adjusted PS Ratio was 1.64. The lowest was 0.98. And the median was 1.25.

ROCO:5512's Cyclically Adjusted PS Ratio is ranked better than
56.9% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs ROCO:5512: 1.32

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.

Rich Development Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.007. 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$9.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rich Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rich 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.

Rich Development Co Cyclically Adjusted PS Ratio Chart

Rich 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 1.53 1.47 1.20 1.06 1.08

Rich Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.18 1.17 1.04 1.08 1.13

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

For the Real Estate - Diversified subindustry, Rich 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.


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

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

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



Rich 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.20/9.26
=1.32

* 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.

Rich Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rich Development Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.007/131.7762*131.7762
=2.007

Current CPI (Mar. 2024) = 131.7762.

Rich Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.018 100.560 3.955
201409 3.694 100.428 4.847
201412 1.067 99.070 1.419
201503 0.585 99.621 0.774
201506 0.552 100.684 0.722
201509 0.517 100.392 0.679
201512 0.890 99.792 1.175
201603 0.799 100.470 1.048
201606 0.754 101.688 0.977
201609 0.906 101.861 1.172
201612 1.324 101.863 1.713
201703 4.112 102.862 5.268
201706 0.863 103.349 1.100
201709 1.296 104.136 1.640
201712 1.405 104.011 1.780
201803 1.479 105.290 1.851
201806 2.097 106.317 2.599
201809 2.204 106.507 2.727
201812 2.354 105.998 2.926
201903 1.753 107.251 2.154
201906 4.670 108.070 5.694
201909 2.113 108.329 2.570
201912 2.034 108.420 2.472
202003 1.761 108.902 2.131
202006 2.284 108.767 2.767
202009 2.107 109.815 2.528
202012 2.617 109.897 3.138
202103 1.954 111.754 2.304
202106 1.478 114.631 1.699
202109 1.682 115.734 1.915
202112 2.680 117.630 3.002
202203 1.917 121.301 2.083
202206 2.327 125.017 2.453
202209 2.024 125.227 2.130
202212 2.253 125.222 2.371
202303 1.987 127.348 2.056
202306 3.149 128.729 3.224
202309 3.465 129.860 3.516
202312 2.021 129.419 2.058
202403 2.007 131.776 2.007

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.


Rich Development Co  (ROCO:5512) 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.


Rich Development Co Cyclically Adjusted PS Ratio Related Terms

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


Rich Development Co (ROCO:5512) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Chi Lin Road, 8th Floor, Taipei, TWN, 104
Rich Development Co Ltd is a Taiwan-based company primarily engaged in the construction, development, leasing, and distribution of residential and commercial buildings. The company's main business includes commissioning manufacturers to build commercial buildings and lease and sale of public housing; commissioned by government industrial authorities to handle the development, leasing and management of industrial areas; construction of sewage treatment plants and operation of sewage treatment projects; operation of resort hotels and travel agency operations and others. Its segments include the Construction segment, the Sewage treatment segment: and the Tourist hotel segment.

Rich Development Co (ROCO:5512) Headlines

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