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King Polytechnic Engineering Co (ROCO:6122) Cyclically Adjusted PS Ratio : 1.47 (As of Jan. 19, 2025)


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What is King Polytechnic Engineering Co Cyclically Adjusted PS Ratio?

As of today (2025-01-19), King Polytechnic Engineering Co's current share price is NT$49.50. King Polytechnic Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$33.60. King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio for today is 1.47.

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

ROCO:6122' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.57   Max: 2.36
Current: 1.52

During the past years, King Polytechnic Engineering Co's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.41. And the median was 0.57.

ROCO:6122's Cyclically Adjusted PS Ratio is ranked worse than
72.37% of 1151 companies
in the Construction industry
Industry Median: 0.71 vs ROCO:6122: 1.52

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.

King Polytechnic Engineering Co's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$13.394. 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$33.60 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Polytechnic Engineering Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for King Polytechnic Engineering 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.

King Polytechnic Engineering Co Cyclically Adjusted PS Ratio Chart

King Polytechnic Engineering 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 0.47 0.46 0.48 0.62 1.89

King Polytechnic Engineering Co 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 1.52 1.89 2.08 1.65 1.50

Competitive Comparison of King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, King Polytechnic Engineering 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.


King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio falls into.



King Polytechnic Engineering 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.

King Polytechnic Engineering Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.50/33.6
=1.47

* 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.

King Polytechnic Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, King Polytechnic Engineering Co'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)
=13.394/133.0289*133.0289
=13.394

Current CPI (Sep. 2024) = 133.0289.

King Polytechnic Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.529 99.070 3.396
201503 3.708 99.621 4.951
201506 2.999 100.684 3.962
201509 3.093 100.392 4.099
201512 3.888 99.792 5.183
201603 2.697 100.470 3.571
201606 2.710 101.688 3.545
201609 3.476 101.861 4.540
201612 5.452 101.863 7.120
201703 5.112 102.862 6.611
201706 6.364 103.349 8.192
201709 7.456 104.136 9.525
201712 8.487 104.011 10.855
201803 6.973 105.290 8.810
201806 6.204 106.317 7.763
201809 4.936 106.507 6.165
201812 7.435 105.998 9.331
201903 5.803 107.251 7.198
201906 6.571 108.070 8.089
201909 5.476 108.329 6.725
201912 6.770 108.420 8.307
202003 10.063 108.902 12.292
202006 5.507 108.767 6.735
202009 4.079 109.815 4.941
202012 3.663 109.897 4.434
202103 3.874 111.754 4.611
202106 4.979 114.631 5.778
202109 6.039 115.734 6.941
202112 7.990 117.630 9.036
202203 6.421 121.301 7.042
202206 7.332 125.017 7.802
202209 6.923 125.227 7.354
202212 10.878 125.222 11.556
202303 12.837 127.348 13.410
202306 16.931 128.729 17.497
202309 17.349 129.860 17.772
202312 20.889 129.419 21.472
202403 12.638 131.776 12.758
202406 13.152 132.554 13.199
202409 13.394 133.029 13.394

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.


King Polytechnic Engineering Co  (ROCO:6122) 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.


King Polytechnic Engineering Co Cyclically Adjusted PS Ratio Related Terms

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


King Polytechnic Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No.210, Ruey Kuang Road, Neihu District, Taipei, TWN, 100
King Polytechnic Engineering Co Ltd is engaged in the design and installation of chemical machinery and sterile dust-free equipment, networking, investment, as well as production, sale, installation, and maintenance of high-tech purification equipment, civil construction, transportation and sale of sediments, trading in construction materials, development, leasing and sale of housing units and buildings.

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