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Test Rite International Co (TPE:2908) Cyclically Adjusted PS Ratio : 0.23 (As of May. 24, 2025)


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What is Test Rite International Co Cyclically Adjusted PS Ratio?

As of today (2025-05-24), Test Rite International Co's current share price is NT$21.05. Test Rite International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was NT$90.81. Test Rite International Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

TPE:2908' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.25   Max: 0.35
Current: 0.23

During the past years, Test Rite International Co's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.22. And the median was 0.25.

TPE:2908's Cyclically Adjusted PS Ratio is ranked better than
75.21% of 702 companies
in the Retail - Cyclical industry
Industry Median: 0.55 vs TPE:2908: 0.23

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.

Test Rite International Co's adjusted revenue per share data for the three months ended in Mar. 2025 was NT$17.283. 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$90.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Test Rite International Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Test Rite International 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.

Test Rite International Co Cyclically Adjusted PS Ratio Chart

Test Rite International 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 0.34 0.25 0.22 0.23 0.22

Test Rite International 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 0.22 0.23 0.23 0.22 0.22

Competitive Comparison of Test Rite International Co's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, Test Rite International 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.


Test Rite International Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Test Rite International Co's Cyclically Adjusted PS Ratio falls into.


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Test Rite International 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.

Test Rite International Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.05/90.81
=0.23

* 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.

Test Rite International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Test Rite International 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)
=17.283/134.9266*134.9266
=17.283

Current CPI (Mar. 2025) = 134.9266.

Test Rite International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 17.944 100.684 24.047
201509 17.790 100.392 23.910
201512 16.382 99.792 22.150
201603 18.890 100.470 25.368
201606 17.173 101.688 22.786
201609 17.049 101.861 22.583
201612 16.435 101.863 21.770
201703 19.038 102.862 24.973
201706 18.217 103.349 23.783
201709 18.371 104.136 23.803
201712 17.040 104.011 22.105
201803 20.277 105.290 25.985
201806 19.240 106.317 24.417
201809 19.064 106.507 24.151
201812 19.204 105.998 24.445
201903 19.371 107.251 24.370
201906 18.325 108.070 22.879
201909 19.396 108.329 24.158
201912 18.297 108.420 22.770
202003 18.593 108.902 23.036
202006 21.705 108.767 26.925
202009 22.180 109.815 27.252
202012 22.175 109.897 27.226
202103 23.338 111.754 28.177
202106 20.494 114.631 24.122
202109 21.922 115.734 25.557
202112 22.689 117.630 26.025
202203 19.717 121.301 21.932
202206 20.917 125.017 22.575
202209 18.384 125.227 19.808
202212 16.818 125.222 18.121
202303 17.579 127.348 18.625
202306 17.974 128.729 18.839
202309 18.646 129.860 19.374
202312 16.873 129.419 17.591
202403 18.622 131.776 19.067
202406 19.763 132.554 20.117
202409 17.879 133.029 18.134
202412 17.673 133.157 17.908
202503 17.283 134.927 17.283

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.


Test Rite International Co  (TPE:2908) 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.


Test Rite International Co Cyclically Adjusted PS Ratio Related Terms

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


Test Rite International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Hsin Hu 3rd Road, 6th Floor, Nai Hu District, Taipei, TWN, 114
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in trading business and retail business. The trading business consists of the import and export of household goods and licensing business, such as DIY hand tools, furniture, electrical appliances, and other household items, and this segment provides products for retailers in a worldwide, like Wal-Mart, Sam's Club, Target, Staples, Office Depot, and Carrefour. The retail business in Taiwan and mainland China refers to the sale and marketing of household items and services directly to consumers. The company also conducts product design, packaging design, as well as logistics and warehousing services. The trading business and retail business jointly account for the majority of the company's total revenue.

Test Rite International Co Headlines

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