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Kian Shen (TPE:1525) Cyclically Adjusted PS Ratio : 3.72 (As of Jun. 21, 2024)


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What is Kian Shen Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Kian Shen's current share price is NT$77.50. Kian Shen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$20.82. Kian Shen's Cyclically Adjusted PS Ratio for today is 3.72.

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

TPE:1525' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 3.27   Max: 5.83
Current: 3.68

During the past years, Kian Shen's highest Cyclically Adjusted PS Ratio was 5.83. The lowest was 2.18. And the median was 3.27.

TPE:1525's Cyclically Adjusted PS Ratio is ranked worse than
88.96% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs TPE:1525: 3.68

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.

Kian Shen's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.201. 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$20.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kian Shen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kian Shen'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.

Kian Shen Cyclically Adjusted PS Ratio Chart

Kian Shen 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 3.05 3.75 3.23 2.88 3.83

Kian Shen 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 3.13 5.69 3.80 3.83 3.58

Competitive Comparison of Kian Shen's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Kian Shen'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.


Kian Shen's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kian Shen's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kian Shen's Cyclically Adjusted PS Ratio falls into.



Kian Shen 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.

Kian Shen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=77.50/20.82
=3.72

* 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.

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

For example, Kian Shen'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)
=4.201/131.7762*131.7762
=4.201

Current CPI (Mar. 2024) = 131.7762.

Kian Shen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.044 100.560 5.299
201409 4.058 100.428 5.325
201412 4.707 99.070 6.261
201503 3.902 99.621 5.161
201506 4.390 100.684 5.746
201509 4.103 100.392 5.386
201512 3.967 99.792 5.238
201603 3.565 100.470 4.676
201606 4.472 101.688 5.795
201609 3.986 101.861 5.157
201612 4.226 101.863 5.467
201703 3.632 102.862 4.653
201706 4.472 103.349 5.702
201709 3.711 104.136 4.696
201712 4.102 104.011 5.197
201803 3.790 105.290 4.743
201806 4.756 106.317 5.895
201809 4.115 106.507 5.091
201812 5.534 105.998 6.880
201903 4.796 107.251 5.893
201906 4.467 108.070 5.447
201909 3.056 108.329 3.717
201912 4.535 108.420 5.512
202003 2.826 108.902 3.420
202006 3.410 108.767 4.131
202009 3.669 109.815 4.403
202012 4.430 109.897 5.312
202103 4.323 111.754 5.098
202106 5.088 114.631 5.849
202109 4.171 115.734 4.749
202112 3.795 117.630 4.251
202203 4.142 121.301 4.500
202206 4.928 125.017 5.194
202209 5.684 125.227 5.981
202212 5.663 125.222 5.959
202303 6.195 127.348 6.410
202306 5.786 128.729 5.923
202309 4.885 129.860 4.957
202312 4.882 129.419 4.971
202403 4.201 131.776 4.201

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.


Kian Shen  (TPE:1525) 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.


Kian Shen Cyclically Adjusted PS Ratio Related Terms

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


Kian Shen (TPE:1525) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Xinjiang Road, Yangmei District, Taoyuan, TWN
Kian Shen Corp is engaged in the manufacture and sale of automobile body beams, stamping molds, and woodworking products. It provides automobile frames which include products for large, medium, and small-size trucks and coaches. The company has two operating segments; the Manufacturing department, and the Investment department. It derives a majority of its revenue from the manufacturing segment.

Kian Shen (TPE:1525) Headlines

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