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Lian Hwa Foods (TPE:1231) Cyclically Adjusted PS Ratio : 2.55 (As of Jun. 09, 2024)


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What is Lian Hwa Foods Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Lian Hwa Foods's current share price is NT$102.50. Lian Hwa Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$40.23. Lian Hwa Foods's Cyclically Adjusted PS Ratio for today is 2.55.

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

TPE:1231' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.8   Max: 2.55
Current: 2.55

During the past years, Lian Hwa Foods's highest Cyclically Adjusted PS Ratio was 2.55. The lowest was 0.91. And the median was 1.80.

TPE:1231's Cyclically Adjusted PS Ratio is ranked worse than
81.46% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TPE:1231: 2.55

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.

Lian Hwa Foods's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$11.769. 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$40.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lian Hwa Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lian Hwa Foods'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.

Lian Hwa Foods Cyclically Adjusted PS Ratio Chart

Lian Hwa Foods 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 1.08 1.19 1.75 1.87 2.24

Lian Hwa Foods 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 2.19 2.26 2.28 2.24 2.42

Competitive Comparison of Lian Hwa Foods's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Lian Hwa Foods'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.


Lian Hwa Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lian Hwa Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lian Hwa Foods's Cyclically Adjusted PS Ratio falls into.



Lian Hwa Foods 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.

Lian Hwa Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.50/40.23
=2.55

* 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.

Lian Hwa Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lian Hwa Foods'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)
=11.769/131.7762*131.7762
=11.769

Current CPI (Mar. 2024) = 131.7762.

Lian Hwa Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.559 100.560 7.285
201409 6.955 100.428 9.126
201412 6.137 99.070 8.163
201503 6.806 99.621 9.003
201506 5.993 100.684 7.844
201509 7.115 100.392 9.339
201512 6.333 99.792 8.363
201603 6.858 100.470 8.995
201606 6.085 101.688 7.885
201609 7.072 101.861 9.149
201612 7.145 101.863 9.243
201703 7.146 102.862 9.155
201706 6.589 103.349 8.401
201709 7.804 104.136 9.875
201712 6.965 104.011 8.824
201803 8.178 105.290 10.235
201806 7.191 106.317 8.913
201809 9.028 106.507 11.170
201812 8.599 105.998 10.690
201903 8.588 107.251 10.552
201906 7.866 108.070 9.592
201909 8.790 108.329 10.693
201912 9.205 108.420 11.188
202003 8.507 108.902 10.294
202006 8.169 108.767 9.897
202009 9.629 109.815 11.555
202012 9.447 109.897 11.328
202103 9.620 111.754 11.344
202106 7.931 114.631 9.117
202109 9.840 115.734 11.204
202112 10.364 117.630 11.610
202203 11.341 121.301 12.320
202206 9.069 125.017 9.559
202209 11.289 125.227 11.879
202212 12.183 125.222 12.821
202303 11.236 127.348 11.627
202306 8.815 128.729 9.024
202309 11.302 129.860 11.469
202312 11.587 129.419 11.798
202403 11.769 131.776 11.769

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.


Lian Hwa Foods  (TPE:1231) 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.


Lian Hwa Foods Cyclically Adjusted PS Ratio Related Terms

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


Lian Hwa Foods (TPE:1231) Business Description

Traded in Other Exchanges
N/A
Address
No. 148, Dihua Street, Section 1, Taipei, TWN
Lian Hwa Foods Corp is engaged in manufacturing, processing, trading, and wholesale and retail of seaweed, squid, pasta, rice bran, beans, nuts, melon seeds, jams, beverages, sugar, candy, biscuits, peanut butter and other products or processed products, and various sea and land products, frozen processed foods and canned foods. The Operating Segments are Snack Food Division and RTE (Ready-to-Eat) Foods Division, majorly the company earns revenue from domestic market.

Lian Hwa Foods (TPE:1231) Headlines

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