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Taiwan Hopax Chemicals MFG Co (ROCO:6509) Cyclically Adjusted PS Ratio : 1.37 (As of May. 29, 2025)


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What is Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio?

As of today (2025-05-29), Taiwan Hopax Chemicals MFG Co's current share price is NT$35.55. Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$26.01. Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio for today is 1.37.

The historical rank and industry rank for Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:6509' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.5   Max: 3.57
Current: 1.37

During the past years, Taiwan Hopax Chemicals MFG Co's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 0.66. And the median was 1.50.

ROCO:6509's Cyclically Adjusted PS Ratio is ranked worse than
52.93% of 1160 companies
in the Chemicals industry
Industry Median: 1.24 vs ROCO:6509: 1.37

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.

Taiwan Hopax Chemicals MFG Co's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$6.159. 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$26.01 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Hopax Chemicals MFG 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.

Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Chart

Taiwan Hopax Chemicals MFG Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 3.00 1.64 1.53 1.48

Taiwan Hopax Chemicals MFG Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.46 1.63 1.53 1.48 1.28

Competitive Comparison of Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Taiwan Hopax Chemicals MFG 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.


Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio falls into.


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Taiwan Hopax Chemicals MFG 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.

Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.55/26.01
=1.37

* 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.

Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Taiwan Hopax Chemicals MFG Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.159/134.9266*134.9266
=6.159

Current CPI (Mar. 2025) = 134.9266.

Taiwan Hopax Chemicals MFG Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.637 100.684 6.214
201509 3.991 100.392 5.364
201512 4.497 99.792 6.080
201603 4.292 100.470 5.764
201606 4.419 101.688 5.863
201609 3.997 101.861 5.294
201612 4.156 101.863 5.505
201703 4.351 102.862 5.707
201706 4.514 103.349 5.893
201709 4.590 104.136 5.947
201712 4.758 104.011 6.172
201803 4.581 105.290 5.870
201806 4.587 106.317 5.821
201809 5.028 106.507 6.370
201812 4.791 105.998 6.099
201903 4.690 107.251 5.900
201906 5.287 108.070 6.601
201909 5.572 108.329 6.940
201912 5.166 108.420 6.429
202003 4.887 108.902 6.055
202006 5.051 108.767 6.266
202009 4.973 109.815 6.110
202012 5.101 109.897 6.263
202103 6.573 111.754 7.936
202106 6.785 114.631 7.986
202109 6.433 115.734 7.500
202112 6.769 117.630 7.764
202203 7.867 121.301 8.751
202206 7.587 125.017 8.188
202209 7.898 125.227 8.510
202212 6.607 125.222 7.119
202303 6.546 127.348 6.936
202306 6.222 128.729 6.522
202309 6.508 129.860 6.762
202312 5.728 129.419 5.972
202403 6.705 131.776 6.865
202406 6.762 132.554 6.883
202409 6.364 133.029 6.455
202412 5.230 133.157 5.300
202503 6.159 134.927 6.159

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.


Taiwan Hopax Chemicals MFG Co  (ROCO:6509) 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.


Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Related Terms

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


Taiwan Hopax Chemicals MFG Co Business Description

Traded in Other Exchanges
N/A
Address
No.28, Huadong Road, Daliao District, Kaohsiung, TWN, 831
Taiwan Hopax Chemicals MFG Co Ltd is engaged in the science and technology business. It mainly manufactures, processes, and sells the following products: chemical raw materials for pharmaceuticals, industrial and paper making, and office stationery. Its products include papermaking chemicals, water treatment, biological reagents, polymer-applied chemicals, and green chemicals.

Taiwan Hopax Chemicals MFG Co Headlines

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