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Hota Industrial Mfg Co (TPE:1536) Cyclically Adjusted PS Ratio : 2.13 (As of Jan. 19, 2025)


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What is Hota Industrial Mfg Co Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Hota Industrial Mfg Co's current share price is NT$60.80. Hota Industrial Mfg Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$28.60. Hota Industrial Mfg Co's Cyclically Adjusted PS Ratio for today is 2.13.

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

TPE:1536' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 3.54   Max: 5.92
Current: 2.13

During the past years, Hota Industrial Mfg Co's highest Cyclically Adjusted PS Ratio was 5.92. The lowest was 1.82. And the median was 3.54.

TPE:1536's Cyclically Adjusted PS Ratio is ranked worse than
74.88% of 824 companies
in the Vehicles & Parts industry
Industry Median: 0.885 vs TPE:1536: 2.13

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.

Hota Industrial Mfg Co's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$5.178. 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$28.60 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hota Industrial Mfg Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co Cyclically Adjusted PS Ratio Chart

Hota Industrial Mfg 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 5.40 4.76 3.71 2.50 2.14

Hota Industrial Mfg 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 2.29 2.14 1.79 1.93 2.01

Competitive Comparison of Hota Industrial Mfg Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Hota Industrial Mfg 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.


Hota Industrial Mfg Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Hota Industrial Mfg 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.80/28.6
=2.13

* 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.

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

For example, Hota Industrial Mfg 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)
=5.178/133.0289*133.0289
=5.178

Current CPI (Sep. 2024) = 133.0289.

Hota Industrial Mfg Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 4.645 99.070 6.237
201503 4.974 99.621 6.642
201506 5.474 100.684 7.233
201509 5.490 100.392 7.275
201512 5.943 99.792 7.922
201603 5.978 100.470 7.915
201606 6.099 101.688 7.979
201609 5.833 101.861 7.618
201612 6.300 101.863 8.228
201703 7.049 102.862 9.116
201706 6.370 103.349 8.199
201709 6.609 104.136 8.443
201712 6.411 104.011 8.200
201803 6.827 105.290 8.626
201806 6.969 106.317 8.720
201809 7.237 106.507 9.039
201812 6.553 105.998 8.224
201903 5.714 107.251 7.087
201906 5.857 108.070 7.210
201909 5.913 108.329 7.261
201912 5.959 108.420 7.312
202003 5.525 108.902 6.749
202006 3.017 108.767 3.690
202009 5.189 109.815 6.286
202012 6.767 109.897 8.191
202103 5.810 111.754 6.916
202106 6.043 114.631 7.013
202109 6.251 115.734 7.185
202112 6.006 117.630 6.792
202203 5.669 121.301 6.217
202206 6.952 125.017 7.398
202209 7.243 125.227 7.694
202212 6.432 125.222 6.833
202303 6.125 127.348 6.398
202306 6.370 128.729 6.583
202309 5.560 129.860 5.696
202312 5.495 129.419 5.648
202403 5.321 131.776 5.372
202406 5.686 132.554 5.706
202409 5.178 133.029 5.178

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.


Hota Industrial Mfg Co  (TPE:1536) 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.


Hota Industrial Mfg Co Cyclically Adjusted PS Ratio Related Terms

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


Hota Industrial Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Keya Road, Daya District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is a Taiwan based company. The company has three divisions which includes transmission, machinery, and medical. The machinery division is mainly involved in gear machinery manufacturing. The gear machine product range includes gear shaving machine, gear deburring machine, gear hobbing machine. The transmission division portfolio includes planetary gear set, transfer case components, transmission shaft, hydraulic pump gears, input and output shafts, motorcycles rear shafts, and transmissions gear set, among others. The medical division offers electric wheelchairs and electric scooters. It generates operating revenue from the manufacturing and trading of related products for vehicle transmission parts.

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