St Shine Optical Co (St Shine Optical Co) Cyclically Adjusted PS Ratio : (As of Jun. 20, 2024)

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What is St Shine Optical Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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St Shine Optical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for St Shine Optical 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.

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St Shine Optical Co Cyclically Adjusted PS Ratio Chart

St Shine Optical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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4.03

2.40

2.46

1.82

1.41

St Shine Optical Co 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															1.89	1.69	1.41	1.41	1.39

Competitive Comparison of St Shine Optical Co's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.

St Shine Optical Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's Cyclically Adjusted PS Ratio falls into.

St Shine Optical 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.

St Shine Optical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, St Shine Optical Co'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)
	=	0.688	/	131.7762	*	131.7762
	=	0.688

Current CPI (Mar. 2024) = 131.7762.

St Shine Optical Co Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.896	100.560	1.174
201409	0.873	100.428	1.146
201412	0.839	99.070	1.116
201503	0.848	99.621	1.122
201506	0.894	100.684	1.170
201509	0.900	100.392	1.181
201512	0.986	99.792	1.302
201603	0.920	100.470	1.207
201606	0.948	101.688	1.229
201609	1.080	101.861	1.397
201612	1.030	101.863	1.332
201703	0.936	102.862	1.199
201706	1.015	103.349	1.294
201709	1.163	104.136	1.472
201712	1.086	104.011	1.376
201803	1.071	105.290	1.340
201806	1.134	106.317	1.406
201809	1.071	106.507	1.325
201812	1.087	105.998	1.351
201903	1.038	107.251	1.275
201906	0.996	108.070	1.214
201909	1.002	108.329	1.219
201912	1.034	108.420	1.257
202003	0.879	108.902	1.064
202006	0.813	108.767	0.985
202009	0.725	109.815	0.870
202012	0.976	109.897	1.170
202103	0.916	111.754	1.080
202106	0.959	114.631	1.102
202109	1.020	115.734	1.161
202112	0.949	117.630	1.063
202203	0.939	121.301	1.020
202206	0.821	125.017	0.865
202209	0.816	125.227	0.859
202212	0.741	125.222	0.780
202303	0.735	127.348	0.761
202306	0.691	128.729	0.707
202309	0.652	129.860	0.662
202312	0.720	129.419	0.733
202403	0.688	131.776	0.688

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.

St Shine Optical Co (GREY:STSHF) 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.

St Shine Optical Co Cyclically Adjusted PS Ratio Related Terms

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

St Shine Optical Co (St Shine Optical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » St Shine Optical Co Ltd (GREY:STSHF) » Definitions » Cyclically Adjusted PS Ratio

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Traded in Other Exchanges

1565:Taiwan

Address

Ta Tung Road, 5th Floor, No.276, Section 1, Hsi Chih District, New Taipei, TWN, 22146

Website

https://www.stshine.com.tw

St Shine Optical Co Ltd is a contact lens manufacturer and one of the largest suppliers of contact lenses in Taiwan. The company primarily sells soft contact lenses, including daily disposable, frequent replacement spherical, frequent replacement toric, colored, and silicone hydrogel lenses. Its frequent replacement portfolio includes weekly, monthly, and quarterly replacement lenses with a range of water contents. St Shine manufactures its lenses with a cast-molding technology developed in-house and uses a computerized lathe cut system to manufacture progressive multifocal lenses used to correct presbyopia. It operates in two segments: Cast molding lenses and Others.

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