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King Slide Works Co (TPE:2059) Cyclically Adjusted PS Ratio : 19.77 (As of May. 20, 2024)


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What is King Slide Works Co Cyclically Adjusted PS Ratio?

As of today (2024-05-20), King Slide Works Co's current share price is NT$1280.00. King Slide Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$64.74. King Slide Works Co's Cyclically Adjusted PS Ratio for today is 19.77.

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

TPE:2059' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.11   Med: 7.66   Max: 21.84
Current: 19.77

During the past years, King Slide Works Co's highest Cyclically Adjusted PS Ratio was 21.84. The lowest was 6.11. And the median was 7.66.

TPE:2059's Cyclically Adjusted PS Ratio is ranked worse than
99.68% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.86 vs TPE:2059: 19.77

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.

King Slide Works Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$20.315. 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$64.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Slide Works Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Cyclically Adjusted PS Ratio Chart

King Slide Works 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 8.26 6.39 9.70 6.40 14.52

King Slide Works 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 6.30 10.72 13.23 14.52 19.39

Competitive Comparison of King Slide Works Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Cyclically Adjusted PS Ratio falls into.



King Slide Works 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.

King Slide Works Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1280.00/64.74
=19.77

* 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.

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

For example, King Slide Works 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)
=20.315/131.7762*131.7762
=20.315

Current CPI (Mar. 2024) = 131.7762.

King Slide Works Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.173 100.560 14.641
201409 10.489 100.428 13.763
201412 12.613 99.070 16.777
201503 11.542 99.621 15.267
201506 11.728 100.684 15.350
201509 12.054 100.392 15.822
201512 11.773 99.792 15.546
201603 10.265 100.470 13.463
201606 11.476 101.688 14.872
201609 11.954 101.861 15.465
201612 13.081 101.863 16.922
201703 11.800 102.862 15.117
201706 9.253 103.349 11.798
201709 10.343 104.136 13.088
201712 11.655 104.011 14.766
201803 12.246 105.290 15.327
201806 10.876 106.317 13.480
201809 10.993 106.507 13.601
201812 12.323 105.998 15.320
201903 12.038 107.251 14.791
201906 11.552 108.070 14.086
201909 13.005 108.329 15.820
201912 14.383 108.420 17.481
202003 12.162 108.902 14.717
202006 12.359 108.767 14.973
202009 12.570 109.815 15.084
202012 13.231 109.897 15.865
202103 13.378 111.754 15.775
202106 15.566 114.631 17.894
202109 18.369 115.734 20.915
202112 19.024 117.630 21.312
202203 18.045 121.301 19.603
202206 20.278 125.017 21.374
202209 22.384 125.227 23.555
202212 20.674 125.222 21.756
202303 12.147 127.348 12.569
202306 13.776 128.729 14.102
202309 14.868 129.860 15.087
202312 19.537 129.419 19.893
202403 20.315 131.776 20.315

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.


King Slide Works Co  (TPE:2059) 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.


King Slide Works Co Cyclically Adjusted PS Ratio Related Terms

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


King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

King Slide Works Co (TPE:2059) Headlines

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