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Triocean Industrial Co (TPE:1472) Cyclically Adjusted PS Ratio : 1.60 (As of Jan. 18, 2025)


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What is Triocean Industrial Co Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Triocean Industrial Co's current share price is NT$71.60. Triocean Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$44.69. Triocean Industrial Co's Cyclically Adjusted PS Ratio for today is 1.60.

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

TPE:1472' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.77   Max: 1.92
Current: 1.53

During the past years, Triocean Industrial Co's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.38. And the median was 0.77.

TPE:1472's Cyclically Adjusted PS Ratio is ranked worse than
71.01% of 776 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.77 vs TPE:1472: 1.53

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.

Triocean Industrial Co's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$11.141. 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$44.69 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triocean Industrial Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Triocean Industrial 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.

Triocean Industrial Co Cyclically Adjusted PS Ratio Chart

Triocean Industrial 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 1.62 0.76 0.75 0.50 1.32

Triocean Industrial Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.89 1.32 1.52 1.50 1.34

Competitive Comparison of Triocean Industrial Co's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Triocean Industrial 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.


Triocean Industrial Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Triocean Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Triocean Industrial 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.

Triocean Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.60/44.69
=1.60

* 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.

Triocean Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Triocean Industrial Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.141/133.0289*133.0289
=11.141

Current CPI (Sep. 2024) = 133.0289.

Triocean Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.120 99.070 12.246
201503 8.496 99.621 11.345
201506 9.202 100.684 12.158
201509 8.881 100.392 11.768
201512 7.093 99.792 9.455
201603 6.002 100.470 7.947
201606 7.468 101.688 9.770
201609 10.366 101.861 13.538
201612 10.829 101.863 14.142
201703 12.288 102.862 15.892
201706 6.738 103.349 8.673
201709 16.120 104.136 20.593
201712 17.119 104.011 21.895
201803 14.166 105.290 17.898
201806 8.875 106.317 11.105
201809 13.539 106.507 16.910
201812 9.568 105.998 12.008
201903 6.077 107.251 7.538
201906 4.571 108.070 5.627
201909 9.786 108.329 12.017
201912 9.473 108.420 11.623
202003 4.702 108.902 5.744
202006 3.921 108.767 4.796
202009 2.077 109.815 2.516
202012 0.237 109.897 0.287
202103 0.966 111.754 1.150
202106 6.469 114.631 7.507
202109 6.604 115.734 7.591
202112 8.328 117.630 9.418
202203 7.770 121.301 8.521
202206 9.790 125.017 10.417
202209 8.675 125.227 9.216
202212 18.599 125.222 19.759
202303 9.859 127.348 10.299
202306 21.443 128.729 22.159
202309 13.510 129.860 13.840
202312 12.555 129.419 12.905
202403 12.902 131.776 13.025
202406 12.458 132.554 12.503
202409 11.141 133.029 11.141

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.


Triocean Industrial Co  (TPE:1472) 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.


Triocean Industrial Co Cyclically Adjusted PS Ratio Related Terms

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


Triocean Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 802
Triocean Industrial Corp Co Ltd, formerly Tri Ocean Textile Co Ltd is a Taiwan-based company that operates in the textile manufacturing industry. It is engaged in producing polypropylene filament yarns and fabrics.

Triocean Industrial Co Headlines

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