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Lihtai Construction & Development Co (ROCO:5520) Cyclically Adjusted PS Ratio : 1.71 (As of Sep. 25, 2024)


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What is Lihtai Construction & Development Co Cyclically Adjusted PS Ratio?

As of today (2024-09-25), Lihtai Construction & Development Co's current share price is NT$81.10. Lihtai Construction & Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was NT$47.48. Lihtai Construction & Development Co's Cyclically Adjusted PS Ratio for today is 1.71.

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

ROCO:5520' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.33   Max: 1.86
Current: 1.71

During the past years, Lihtai Construction & Development Co's highest Cyclically Adjusted PS Ratio was 1.86. The lowest was 0.84. And the median was 1.33.

ROCO:5520's Cyclically Adjusted PS Ratio is ranked worse than
64.75% of 295 companies
in the Building Materials industry
Industry Median: 0.97 vs ROCO:5520: 1.71

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.

Lihtai Construction & Development Co's adjusted revenue per share data for the three months ended in Jun. 2024 was NT$17.630. 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$47.48 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lihtai Construction & Development Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lihtai Construction & 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.

Lihtai Construction & Development Co Cyclically Adjusted PS Ratio Chart

Lihtai Construction & 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 0.94 1.28 1.35 1.29 1.69

Lihtai Construction & Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.36 1.41 1.69 1.66 1.75

Competitive Comparison of Lihtai Construction & Development Co's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Lihtai Construction & 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.


Lihtai Construction & Development Co's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lihtai Construction & Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lihtai Construction & 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.

Lihtai Construction & Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.10/47.48
=1.71

* 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.

Lihtai Construction & Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Lihtai Construction & Development 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)
=17.63/132.5538*132.5538
=17.630

Current CPI (Jun. 2024) = 132.5538.

Lihtai Construction & Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 7.916 100.428 10.448
201412 8.460 99.070 11.319
201503 8.361 99.621 11.125
201506 8.278 100.684 10.898
201509 7.812 100.392 10.315
201512 7.975 99.792 10.593
201603 6.461 100.470 8.524
201606 7.798 101.688 10.165
201609 6.758 101.861 8.794
201612 7.813 101.863 10.167
201703 7.181 102.862 9.254
201706 6.674 103.349 8.560
201709 6.055 104.136 7.707
201712 5.925 104.011 7.551
201803 6.249 105.290 7.867
201806 6.083 106.317 7.584
201809 6.004 106.507 7.472
201812 7.948 105.998 9.939
201903 7.120 107.251 8.800
201906 8.851 108.070 10.856
201909 8.736 108.329 10.690
201912 10.119 108.420 12.371
202003 9.441 108.902 11.491
202006 11.251 108.767 13.711
202009 11.151 109.815 13.460
202012 12.529 109.897 15.112
202103 10.092 111.754 11.970
202106 11.226 114.631 12.981
202109 11.236 115.734 12.869
202112 13.281 117.630 14.966
202203 13.557 121.301 14.815
202206 13.029 125.017 13.814
202209 13.494 125.227 14.284
202212 15.555 125.222 16.466
202303 14.149 127.348 14.727
202306 16.302 128.729 16.786
202309 15.997 129.860 16.329
202312 17.023 129.419 17.435
202403 14.900 131.776 14.988
202406 17.630 132.554 17.630

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.


Lihtai Construction & Development Co  (ROCO:5520) 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.


Lihtai Construction & Development Co Cyclically Adjusted PS Ratio Related Terms

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


Lihtai Construction & Development Co Business Description

Traded in Other Exchanges
N/A
Address
No.43, Chen Su Th 2, Seich, Taipei, TWN
Lihtai Construction & Development Co Ltd is engaged in the manufacture and distribution of pre-mix concrete and other concrete products in Taiwan. Its products are used for various properties, roads, bridges, and other construction projects.

Lihtai Construction & Development Co Headlines

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