Tung Lok Restaurants(2000) (SGX:540) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 25, 2026) — 33% Below Median

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What is Tung Lok Restaurants(2000) Cyclically Adjusted PS Ratio?

Tung Lok Restaurants(2000) SGX:540 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 25, 2026, which is 33% below its 10-year median of 0.33. The stock has 3 warning signs investors should review. Among 264 Restaurants companies, Tung Lok Restaurants(2000) ranks better than 80.3% on this metric.

As of today (2026-08-25), Tung Lok Restaurants(2000)'s current share price is S$0.075. Tung Lok Restaurants(2000)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was S$0.34. Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio for today is 0.22.

The historical rank and industry rank for Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

SGX:540' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.33   Max: 0.47
Current: 0.24

During the past 13 years, Tung Lok Restaurants(2000)'s highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.16. And the median was 0.33.

SGX:540's Cyclically Adjusted PS Ratio is ranked better than
80.3% of 264 companies
in the Restaurants industry
Industry Median: 0.695 vs SGX:540: 0.24

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.

Tung Lok Restaurants(2000)'s adjusted revenue per share data of for the fiscal year that ended in Mar26 was S$0.290. 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 S$0.34 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tung Lok Restaurants(2000)  (SGX:540) 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.


Tung Lok Restaurants(2000) Cyclically Adjusted PS Ratio Related Terms


Tung Lok Restaurants(2000) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tung Lok Restaurants(2000)'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.

Tung Lok Restaurants(2000) Cyclically Adjusted PS Ratio Chart

Tung Lok Restaurants(2000) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.34 0.28 0.24 0.19

Tung Lok Restaurants(2000) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.28 0.00 0.24 0.00 0.19

SGX:540 vs MCD, SBUX, YUM: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Tung Lok Restaurants(2000)'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.


Tung Lok Restaurants(2000) Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio falls into.



Tung Lok Restaurants(2000) 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.

Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.075/0.34
=0.22

* 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.

Tung Lok Restaurants(2000)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Tung Lok Restaurants(2000)'s adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.29/330.2130*330.2130
=0.290

Current CPI (Mar26) = 330.2130.

Tung Lok Restaurants(2000) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 0.310 243.801 0.420
201803 0.312 249.554 0.413
201903 0.294 254.202 0.382
202003 0.285 258.115 0.365
202103 0.218 264.877 0.272
202203 0.190 287.504 0.218
202303 0.314 301.836 0.344
202403 0.328 312.332 0.347
202503 0.299 319.799 0.309
202603 0.290 330.213 0.290

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.

What does a Cyclically Adjusted PS Ratio of 0.22 mean?
Tung Lok Restaurants(2000) (SGX:540) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tung Lok Restaurants(2000) and its competitors. This is 33% below median its historical median of 0.33. Over the past decade, Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.47. According to the industry distribution chart, Tung Lok Restaurants(2000) ranks #52 out of 264 companies in the Restaurants industry, placing it in the top 19.7%.
Is Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio too high?
Tung Lok Restaurants(2000)'s current Cyclically Adjusted PS Ratio of 0.22 is 33% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.47. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.70. Tung Lok Restaurants(2000)'s value of 0.22 is 68.3% below this industry median. Based on the distribution chart, Tung Lok Restaurants(2000) ranks #52 out of 264 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers.
How does Tung Lok Restaurants(2000)'s Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tung Lok Restaurants(2000) ranks #52 out of 264 companies for Cyclically Adjusted PS Ratio. This places Tung Lok Restaurants(2000) in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Tung Lok Restaurants(2000)'s value of 0.22 is 68.3% below this benchmark. Historically, Tung Lok Restaurants(2000)'s own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.47 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.70, Tung Lok Restaurants(2000) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.70, based on 264 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tung Lok Restaurants(2000)'s current Cyclically Adjusted PS Ratio of 0.22 is 68.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tung Lok Restaurants(2000) and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Lok Restaurants(2000)'s current Cyclically Adjusted PS Ratio is 0.22, which is 33% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Lok Restaurants(2000) stock overvalued right now?
Based on GuruFocus' analysis, Tung Lok Restaurants(2000) (SGX:540) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.08 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 33% below median its 10-year median of 0.33 and 68.3% below the Restaurants industry median of 0.70. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Tung Lok Restaurants(2000) (SGX:540), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tung Lok Restaurants(2000) Business Description

Address 26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057
Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.