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Brighton-Best Internation (Taiwan) (ROCO:8415) Cyclically Adjusted PS Ratio : 1.58 (As of May. 31, 2024)


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What is Brighton-Best Internation (Taiwan) Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Brighton-Best Internation (Taiwan)'s current share price is NT$36.70. Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$23.27. Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio for today is 1.58.

The historical rank and industry rank for Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:8415' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.57   Max: 2.05
Current: 1.52

During the past years, Brighton-Best Internation (Taiwan)'s highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 1.45. And the median was 1.57.

ROCO:8415's Cyclically Adjusted PS Ratio is ranked worse than
52.32% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs ROCO:8415: 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.

Brighton-Best Internation (Taiwan)'s adjusted revenue per share data for the three months ended in Mar. 2024 was NT$5.546. 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$23.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brighton-Best Internation (Taiwan) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brighton-Best Internation (Taiwan)'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.

Brighton-Best Internation (Taiwan) Cyclically Adjusted PS Ratio Chart

Brighton-Best Internation (Taiwan) 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 - - 1.91 1.72 1.55

Brighton-Best Internation (Taiwan) 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 1.60 1.56 1.47 1.55 1.45

Competitive Comparison of Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Brighton-Best Internation (Taiwan)'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.


Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio falls into.



Brighton-Best Internation (Taiwan) 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.

Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.70/23.27
=1.58

* 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.

Brighton-Best Internation (Taiwan)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brighton-Best Internation (Taiwan)'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)
=5.546/131.7762*131.7762
=5.546

Current CPI (Mar. 2024) = 131.7762.

Brighton-Best Internation (Taiwan) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.148 99.695 5.483
201406 4.643 100.560 6.084
201412 0.000 99.070 0.000
201503 4.335 99.621 5.734
201506 4.341 100.684 5.682
201509 4.854 100.392 6.371
201512 3.760 99.792 4.965
201603 4.004 100.470 5.252
201606 4.008 101.688 5.194
201609 3.864 101.861 4.999
201612 3.566 101.863 4.613
201703 4.303 102.862 5.513
201706 4.390 103.349 5.598
201709 4.899 104.136 6.199
201712 5.170 104.011 6.550
201803 6.386 105.290 7.992
201806 7.058 106.317 8.748
201809 4.129 106.507 5.109
201812 4.089 105.998 5.083
201903 4.917 107.251 6.041
201906 4.847 108.070 5.910
201909 5.066 108.329 6.162
201912 3.892 108.420 4.730
202003 4.220 108.902 5.106
202006 3.637 108.767 4.406
202009 3.475 109.815 4.170
202012 3.402 109.897 4.079
202103 4.315 111.754 5.088
202106 5.131 114.631 5.898
202109 6.244 115.734 7.109
202112 5.329 117.630 5.970
202203 6.047 121.301 6.569
202206 6.672 125.017 7.033
202209 6.668 125.227 7.017
202212 6.057 125.222 6.374
202303 6.440 127.348 6.664
202306 6.267 128.729 6.415
202309 5.838 129.860 5.924
202312 5.414 129.419 5.513
202403 5.546 131.776 5.546

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.


Brighton-Best Internation (Taiwan)  (ROCO:8415) 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.


Brighton-Best Internation (Taiwan) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Brighton-Best Internation (Taiwan)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Brighton-Best Internation (Taiwan) (ROCO:8415) Business Description

Traded in Other Exchanges
N/A
Address
Number 122, Yi-lin road, Rende Toenship, Tainan, TWN, 71752
Brighton-Best Internation (Taiwan) Inc supplies and distributes steel-related components and products. It has divided its products into Preferred tools, Fasteners, Drilling screws, and Cutting tools divisions. Its products are Magnetic nut setters, Preferred pipe wrenches, Bolts, Drywall screws, Straight shank carbide drill bits, Drilling screws, etc.

Brighton-Best Internation (Taiwan) (ROCO:8415) Headlines

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