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Techcential International (ROCO:6616) Cyclically Adjusted PS Ratio : 0.28 (As of Dec. 14, 2024)


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What is Techcential International Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Techcential International's current share price is NT$12.30. Techcential International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was NT$43.55. Techcential International's Cyclically Adjusted PS Ratio for today is 0.28.

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

ROCO:6616' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.33   Max: 0.36
Current: 0.27

During the past 10 years, Techcential International's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.27. And the median was 0.33.

ROCO:6616's Cyclically Adjusted PS Ratio is ranked better than
81.4% of 285 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.91 vs ROCO:6616: 0.27

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.

Techcential International's adjusted revenue per share data of for the fiscal year that ended in Dec23 was NT$32.973. 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$43.55 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techcential International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Techcential International'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.

Techcential International Cyclically Adjusted PS Ratio Chart

Techcential International 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 - - - - 0.31

Techcential International 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 - 0.31 - - -

Competitive Comparison of Techcential International's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Techcential International'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.


Techcential International's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Techcential International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Techcential International 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.

Techcential International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.30/43.55
=0.28

* 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.

Techcential International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Techcential International's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=32.973/129.4194*129.4194
=32.973

Current CPI (Dec23) = 129.4194.

Techcential International Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 30.831 99.070 40.276
201512 33.370 99.792 43.277
201612 33.750 101.863 42.880
201712 37.422 104.011 46.564
201812 41.221 105.998 50.329
201912 51.811 108.420 61.846
202012 38.926 109.897 45.841
202112 34.946 117.630 38.449
202212 31.965 125.222 33.037
202312 32.973 129.419 32.973

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.


Techcential International  (ROCO:6616) 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.


Techcential International Cyclically Adjusted PS Ratio Related Terms

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


Techcential International Business Description

Traded in Other Exchanges
N/A
Address
103 South Church Street, P.O. Box 10240, Harbour Place, 4th Floor, Grand Cayman, CYM, KYI-1002
Techcential International Ltd is a company that engages in the manufacturing and sales of furniture and wood pellets, rubber wood trading, as well as leasing machinery and equipment. The products of the company include Bunk beds, dinettes, and coffee tables. The company sells products in the United States, Malaysia, and Others. It generates the majority of its revenue from the United States.

Techcential International Headlines

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