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Pacific Construction Co (TPE:2506) Cyclically Adjusted PS Ratio : 2.10 (As of May. 03, 2024)


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What is Pacific Construction Co Cyclically Adjusted PS Ratio?

As of today (2024-05-03), Pacific Construction Co's current share price is NT$13.45. Pacific Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$6.41. Pacific Construction Co's Cyclically Adjusted PS Ratio for today is 2.10.

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

TPE:2506' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.28   Max: 2.03
Current: 1.99

During the past years, Pacific Construction Co's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.90. And the median was 1.28.

TPE:2506's Cyclically Adjusted PS Ratio is ranked worse than
53.38% of 1362 companies
in the Real Estate industry
Industry Median: 1.72 vs TPE:2506: 1.99

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.

Pacific Construction Co's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$2.047. 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$6.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Construction Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pacific Construction 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.

Pacific Construction Co Cyclically Adjusted PS Ratio Chart

Pacific Construction 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 1.13 1.18 1.36 1.31 1.59

Pacific Construction Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.31 1.34 1.42 1.41 1.59

Competitive Comparison of Pacific Construction Co's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Pacific Construction 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.


Pacific Construction Co's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pacific Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pacific Construction 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.

Pacific Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.45/6.41
=2.10

* 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.

Pacific Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pacific Construction Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.047/129.4194*129.4194
=2.047

Current CPI (Dec. 2023) = 129.4194.

Pacific Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.263 99.695 1.640
201406 1.768 100.560 2.275
201409 3.904 100.428 5.031
201412 3.578 99.070 4.674
201503 2.053 99.621 2.667
201506 1.093 100.684 1.405
201509 0.921 100.392 1.187
201512 1.524 99.792 1.976
201603 0.969 100.470 1.248
201606 1.710 101.688 2.176
201609 1.464 101.861 1.860
201612 2.226 101.863 2.828
201703 1.474 102.862 1.855
201706 1.139 103.349 1.426
201709 0.767 104.136 0.953
201712 0.989 104.011 1.231
201803 0.512 105.290 0.629
201806 0.644 106.317 0.784
201809 0.574 106.507 0.697
201812 2.682 105.998 3.275
201903 0.460 107.251 0.555
201906 0.571 108.070 0.684
201909 0.691 108.329 0.826
201912 0.601 108.420 0.717
202003 0.418 108.902 0.497
202006 0.596 108.767 0.709
202009 0.733 109.815 0.864
202012 6.413 109.897 7.552
202103 2.901 111.754 3.360
202106 0.594 114.631 0.671
202109 0.500 115.734 0.559
202112 0.609 117.630 0.670
202203 0.550 121.301 0.587
202206 0.629 125.017 0.651
202209 0.636 125.227 0.657
202212 0.562 125.222 0.581
202303 0.792 127.348 0.805
202306 0.540 128.729 0.543
202309 0.716 129.860 0.714
202312 2.047 129.419 2.047

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.


Pacific Construction Co  (TPE:2506) 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.


Pacific Construction Co Cyclically Adjusted PS Ratio Related Terms

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


Pacific Construction Co (TPE:2506) Business Description

Traded in Other Exchanges
N/A
Address
No. 495, Guangfu South Road, Xinyi District, Taipei, TWN, 110
Pacific Construction Co Ltd is engaged in the development and construction of real estate properties. The company's operating segment includes Construction; Leasing and Property Management. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

Pacific Construction Co (TPE:2506) Headlines

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