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Feng Hsin Steel Co (TPE:2015) Cyclically Adjusted PS Ratio : 1.00 (As of Jun. 24, 2025)


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What is Feng Hsin Steel Co Cyclically Adjusted PS Ratio?

As of today (2025-06-24), Feng Hsin Steel Co's current share price is NT$60.70. Feng Hsin Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$60.94. Feng Hsin Steel Co's Cyclically Adjusted PS Ratio for today is 1.00.

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

TPE:2015' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.14   Max: 1.73
Current: 1.01

During the past years, Feng Hsin Steel Co's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.78. And the median was 1.14.

TPE:2015's Cyclically Adjusted PS Ratio is ranked worse than
73.61% of 485 companies
in the Steel industry
Industry Median: 0.42 vs TPE:2015: 1.01

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.

Feng Hsin Steel Co's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$12.788. 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$60.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feng Hsin Steel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Feng Hsin Steel 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.

Feng Hsin Steel Co Cyclically Adjusted PS Ratio Chart

Feng Hsin Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.50 1.09 1.16 1.15

Feng Hsin Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.17 1.27 1.40 1.15 1.11

Competitive Comparison of Feng Hsin Steel Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Feng Hsin Steel 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.


Feng Hsin Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Feng Hsin Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Feng Hsin Steel Co's Cyclically Adjusted PS Ratio falls into.


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Feng Hsin Steel 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.

Feng Hsin Steel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.70/60.94
=1.00

* 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.

Feng Hsin Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Feng Hsin Steel Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.788/134.9266*134.9266
=12.788

Current CPI (Mar. 2025) = 134.9266.

Feng Hsin Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 10.112 100.684 13.551
201509 8.798 100.392 11.825
201512 9.361 99.792 12.657
201603 7.796 100.470 10.470
201606 9.237 101.688 12.256
201609 8.624 101.861 11.423
201612 10.320 101.863 13.670
201703 10.802 102.862 14.169
201706 10.494 103.349 13.700
201709 8.783 104.136 11.380
201712 12.414 104.011 16.104
201803 11.626 105.290 14.899
201806 14.109 106.317 17.906
201809 13.495 106.507 17.096
201812 13.887 105.998 17.677
201903 12.081 107.251 15.199
201906 11.839 108.070 14.781
201909 11.467 108.329 14.282
201912 12.250 108.420 15.245
202003 11.177 108.902 13.848
202006 11.289 108.767 14.004
202009 11.234 109.815 13.803
202012 12.975 109.897 15.930
202103 13.551 111.754 16.361
202106 16.813 114.631 19.790
202109 16.606 115.734 19.360
202112 18.584 117.630 21.317
202203 17.043 121.301 18.957
202206 18.594 125.017 20.068
202209 15.096 125.227 16.265
202212 15.405 125.222 16.599
202303 14.997 127.348 15.890
202306 15.362 128.729 16.102
202309 13.741 129.860 14.277
202312 15.410 129.419 16.066
202403 14.560 131.776 14.908
202406 15.467 132.554 15.744
202409 13.988 133.029 14.188
202412 14.694 133.157 14.889
202503 12.788 134.927 12.788

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.


Feng Hsin Steel Co  (TPE:2015) 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.


Feng Hsin Steel Co Cyclically Adjusted PS Ratio Related Terms

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


Feng Hsin Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No.998, Section 1, Jiahou Road, Houli district, Taichung, TWN, 421
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The company is engaged in the manufacturing, processing and trading of various triangle iron, angle iron, round iron, flat iron, iron plate, etc., along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel.

Feng Hsin Steel Co Headlines

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