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Gourmet Master Co (TPE:2723) Cyclically Adjusted PS Ratio : 0.62 (As of Jun. 25, 2024)


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What is Gourmet Master Co Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Gourmet Master Co's current share price is NT$87.20. Gourmet Master Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$141.01. Gourmet Master Co's Cyclically Adjusted PS Ratio for today is 0.62.

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

TPE:2723' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.93   Max: 1.6
Current: 0.62

During the past years, Gourmet Master Co's highest Cyclically Adjusted PS Ratio was 1.60. The lowest was 0.59. And the median was 0.93.

TPE:2723's Cyclically Adjusted PS Ratio is ranked better than
59.51% of 247 companies
in the Restaurants industry
Industry Median: 0.76 vs TPE:2723: 0.62

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.

Gourmet Master Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$25.822. 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$141.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gourmet Master Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gourmet Master 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.

Gourmet Master Co Cyclically Adjusted PS Ratio Chart

Gourmet Master 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 1.15 1.24 0.90 1.13 0.73

Gourmet Master 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 1.06 1.04 0.76 0.73 0.66

Competitive Comparison of Gourmet Master Co's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Gourmet Master 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.


Gourmet Master Co's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Master Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gourmet Master 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.

Gourmet Master Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.20/141.01
=0.62

* 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.

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

For example, Gourmet Master 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)
=25.822/131.7762*131.7762
=25.822

Current CPI (Mar. 2024) = 131.7762.

Gourmet Master Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.569 100.560 29.575
201409 26.286 100.428 34.491
201412 26.909 99.070 35.793
201503 26.540 99.621 35.106
201506 26.454 100.684 34.623
201509 30.457 100.392 39.979
201512 30.298 99.792 40.009
201603 30.392 100.470 39.862
201606 30.200 101.688 39.136
201609 31.307 101.861 40.501
201612 30.660 101.863 39.664
201703 29.749 102.862 38.111
201706 29.702 103.349 37.872
201709 34.346 104.136 43.462
201712 34.107 104.011 43.212
201803 34.090 105.290 42.666
201806 34.129 106.317 42.302
201809 33.247 106.507 41.135
201812 32.556 105.998 40.473
201903 31.705 107.251 38.955
201906 32.416 108.070 39.527
201909 32.592 108.329 39.646
201912 31.960 108.420 38.845
202003 26.121 108.902 31.608
202006 24.655 108.767 29.871
202009 29.573 109.815 35.487
202012 29.132 109.897 34.932
202103 27.082 111.754 31.934
202106 27.087 114.631 31.138
202109 28.335 115.734 32.263
202112 27.917 117.630 31.274
202203 26.954 121.301 29.282
202206 24.002 125.017 25.300
202209 28.697 125.227 30.198
202212 28.546 125.222 30.040
202303 28.878 127.348 29.882
202306 28.076 128.729 28.741
202309 28.586 129.860 29.008
202312 27.887 129.419 28.395
202403 25.822 131.776 25.822

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.


Gourmet Master Co  (TPE:2723) 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.


Gourmet Master Co Cyclically Adjusted PS Ratio Related Terms

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


Gourmet Master Co (TPE:2723) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. Its branch footprints spread across the urban areas of Taiwan, Mainland China, and Hong Kong. The company also owns a few stores in the United States and Australia. The company is mainly engaged in the production and distribution of beverages, including coffee, tea, milk tea, and cold drinks, as well as bakery products such as cakes, bread, and Western-style desserts. Gourmet Master also engages in the retailing of packaged desserts, instant coffee, imported coffee beans, and gift boxes, as well as wholesale bakery machinery.

Gourmet Master Co (TPE:2723) Headlines

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