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Taiwan Fertilizer Co (TPE:1722) Cyclically Adjusted PS Ratio : 3.79 (As of May. 21, 2024)


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What is Taiwan Fertilizer Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Taiwan Fertilizer Co's current share price is NT$63.70. Taiwan Fertilizer Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$16.79. Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio for today is 3.79.

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

TPE:1722' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5   Med: 3.48   Max: 4.8
Current: 3.81

During the past years, Taiwan Fertilizer Co's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 2.50. And the median was 3.48.

TPE:1722's Cyclically Adjusted PS Ratio is ranked worse than
85.86% of 191 companies
in the Agriculture industry
Industry Median: 1.07 vs TPE:1722: 3.81

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.

Taiwan Fertilizer Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$3.360. 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$16.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Fertilizer 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.

Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Chart

Taiwan Fertilizer 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 3.00 3.38 4.25 3.22 4.07

Taiwan Fertilizer 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 3.40 3.58 3.50 4.07 3.76

Competitive Comparison of Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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.


Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiwan Fertilizer 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.

Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.70/16.79
=3.79

* 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.

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

For example, Taiwan Fertilizer 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)
=3.36/131.7762*131.7762
=3.360

Current CPI (Mar. 2024) = 131.7762.

Taiwan Fertilizer Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.111 100.560 4.077
201409 3.664 100.428 4.808
201412 7.400 99.070 9.843
201503 3.912 99.621 5.175
201506 3.991 100.684 5.223
201509 4.411 100.392 5.790
201512 5.303 99.792 7.003
201603 3.253 100.470 4.267
201606 2.921 101.688 3.785
201609 3.269 101.861 4.229
201612 2.470 101.863 3.195
201703 3.314 102.862 4.246
201706 2.872 103.349 3.662
201709 2.857 104.136 3.615
201712 2.849 104.011 3.610
201803 3.234 105.290 4.048
201806 2.994 106.317 3.711
201809 3.018 106.507 3.734
201812 3.190 105.998 3.966
201903 3.569 107.251 4.385
201906 3.075 108.070 3.750
201909 3.124 108.329 3.800
201912 3.411 108.420 4.146
202003 3.082 108.902 3.729
202006 2.495 108.767 3.023
202009 2.638 109.815 3.166
202012 2.191 109.897 2.627
202103 3.004 111.754 3.542
202106 2.678 114.631 3.079
202109 3.128 115.734 3.562
202112 5.121 117.630 5.737
202203 4.161 121.301 4.520
202206 3.848 125.017 4.056
202209 3.781 125.227 3.979
202212 3.572 125.222 3.759
202303 3.499 127.348 3.621
202306 6.134 128.729 6.279
202309 2.993 129.860 3.037
202312 2.683 129.419 2.732
202403 3.360 131.776 3.360

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.


Taiwan Fertilizer Co  (TPE:1722) 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.


Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Related Terms

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Taiwan Fertilizer Co (TPE:1722) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Nanjing East Road, 6th Floor, Section 2, Taipei, TWN, 10457
Taiwan Fertilizer Co Ltd involves in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports three operating segments: Fertilizer and Chemical, Construction, and Others. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The Construction segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.

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