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Teco Electric & Machinery Co (TPE:1504) Cyclically Adjusted PS Ratio : 1.74 (As of Jun. 19, 2024)


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What is Teco Electric & Machinery Co Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Teco Electric & Machinery Co's current share price is NT$53.40. Teco Electric & Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$30.61. Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio for today is 1.74.

The historical rank and industry rank for Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1504' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.02   Max: 1.99
Current: 1.89

During the past years, Teco Electric & Machinery Co's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 0.61. And the median was 1.02.

TPE:1504's Cyclically Adjusted PS Ratio is ranked worse than
60.19% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs TPE:1504: 1.89

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.

Teco Electric & Machinery Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$6.509. 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$30.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teco Electric & Machinery 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.

Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Chart

Teco Electric & Machinery 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 0.93 0.99 1.09 0.91 1.54

Teco Electric & Machinery 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 1.38 1.74 1.70 1.54 1.87

Competitive Comparison of Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.


Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio falls into.



Teco Electric & Machinery 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.

Teco Electric & Machinery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.40/30.61
=1.74

* 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.

Teco Electric & Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teco Electric & Machinery 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)
=6.509/131.7762*131.7762
=6.509

Current CPI (Mar. 2024) = 131.7762.

Teco Electric & Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.155 100.560 9.376
201409 6.753 100.428 8.861
201412 6.191 99.070 8.235
201503 5.911 99.621 7.819
201506 6.127 100.684 8.019
201509 6.147 100.392 8.069
201512 6.251 99.792 8.254
201603 5.891 100.470 7.727
201606 6.439 101.688 8.344
201609 6.009 101.861 7.774
201612 6.717 101.863 8.690
201703 6.013 102.862 7.703
201706 6.593 103.349 8.406
201709 6.414 104.136 8.116
201712 6.704 104.011 8.494
201803 6.138 105.290 7.682
201806 6.544 106.317 8.111
201809 6.029 106.507 7.459
201812 6.562 105.998 8.158
201903 5.960 107.251 7.323
201906 6.448 108.070 7.862
201909 5.910 108.329 7.189
201912 6.200 108.420 7.536
202003 5.488 108.902 6.641
202006 5.775 108.767 6.997
202009 5.853 109.815 7.024
202012 6.436 109.897 7.717
202103 5.501 111.754 6.487
202106 6.065 114.631 6.972
202109 6.241 115.734 7.106
202112 6.534 117.630 7.320
202203 6.589 121.301 7.158
202206 6.840 125.017 7.210
202209 6.977 125.227 7.342
202212 7.139 125.222 7.513
202303 7.064 127.348 7.310
202306 7.170 128.729 7.340
202309 7.217 129.860 7.324
202312 6.810 129.419 6.934
202403 6.509 131.776 6.509

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.


Teco Electric & Machinery Co  (TPE:1504) 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.


Teco Electric & Machinery Co Cyclically Adjusted PS Ratio Related Terms

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


Teco Electric & Machinery Co (TPE:1504) Business Description

Traded in Other Exchanges
N/A
Address
No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.

Teco Electric & Machinery Co (TPE:1504) Headlines

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