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Oceanic Beverages Co (TPE:1213) Cyclically Adjusted PS Ratio : 0.65 (As of Jun. 14, 2024)


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What is Oceanic Beverages Co Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Oceanic Beverages Co's current share price is NT$7.15. Oceanic Beverages Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$11.03. Oceanic Beverages Co's Cyclically Adjusted PS Ratio for today is 0.65.

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

TPE:1213' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.61   Max: 0.94
Current: 0.65

During the past years, Oceanic Beverages Co's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.40. And the median was 0.61.

TPE:1213's Cyclically Adjusted PS Ratio is ranked better than
77.11% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.45 vs TPE:1213: 0.65

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.

Oceanic Beverages Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$0.589. 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$11.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceanic Beverages Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oceanic Beverages 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.

Oceanic Beverages Co Cyclically Adjusted PS Ratio Chart

Oceanic Beverages Co 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 0.49 0.63 0.68 0.58 0.62

Oceanic Beverages 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 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 0.58 0.54 0.58 0.62 0.66

Competitive Comparison of Oceanic Beverages Co's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Oceanic Beverages 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.


Oceanic Beverages Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oceanic Beverages Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oceanic Beverages Co's Cyclically Adjusted PS Ratio falls into.



Oceanic Beverages 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.

Oceanic Beverages Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.15/11.03
=0.65

* 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.

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

For example, Oceanic Beverages 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)
=0.589/131.7762*131.7762
=0.589

Current CPI (Mar. 2024) = 131.7762.

Oceanic Beverages Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.794 100.560 3.661
201409 4.338 100.428 5.692
201412 2.373 99.070 3.156
201503 3.227 99.621 4.269
201506 2.892 100.684 3.785
201509 4.480 100.392 5.881
201512 2.373 99.792 3.134
201603 2.962 100.470 3.885
201606 2.916 101.688 3.779
201609 3.814 101.861 4.934
201612 2.406 101.863 3.113
201703 2.882 102.862 3.692
201706 2.350 103.349 2.996
201709 4.209 104.136 5.326
201712 2.005 104.011 2.540
201803 2.633 105.290 3.295
201806 2.528 106.317 3.133
201809 4.113 106.507 5.089
201812 1.635 105.998 2.033
201903 2.338 107.251 2.873
201906 1.636 108.070 1.995
201909 2.233 108.329 2.716
201912 1.420 108.420 1.726
202003 1.414 108.902 1.711
202006 1.552 108.767 1.880
202009 2.820 109.815 3.384
202012 1.467 109.897 1.759
202103 1.806 111.754 2.130
202106 1.811 114.631 2.082
202109 2.261 115.734 2.574
202112 1.670 117.630 1.871
202203 1.783 121.301 1.937
202206 1.634 125.017 1.722
202209 1.862 125.227 1.959
202212 1.690 125.222 1.778
202303 1.561 127.348 1.615
202306 0.485 128.729 0.496
202309 -0.129 129.860 -0.131
202312 0.216 129.419 0.220
202403 0.589 131.776 0.589

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.


Oceanic Beverages Co  (TPE:1213) 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.


Oceanic Beverages Co Cyclically Adjusted PS Ratio Related Terms

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


Oceanic Beverages Co (TPE:1213) Business Description

Traded in Other Exchanges
N/A
Address
99 Chongyang Road, 10th Floor, Section 3, Sanchong District, New Taipei, TWN
Oceanic Beverages Co Inc operates in the beverages industry. The company is engaged in the manufacturing of beverages like soda, tea, juice, lactic acid, and distilled water. The Group has two reportable divisions, the Beverages Sales Division, and the Shanghai Operations Division. The Beverages Sales Division is mainly engaged in the manufacture, wholesale and retail of various soft drinks and beverages.

Oceanic Beverages Co (TPE:1213) Headlines

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