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Rechi Precision Co (TPE:4532) Cyclically Adjusted PS Ratio : 0.64 (As of Jun. 20, 2024)


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What is Rechi Precision Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Rechi Precision Co's current share price is NT$29.35. Rechi Precision Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$45.73. Rechi Precision Co's Cyclically Adjusted PS Ratio for today is 0.64.

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

TPE:4532' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.48   Max: 0.71
Current: 0.65

During the past years, Rechi Precision Co's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.34. And the median was 0.48.

TPE:4532's Cyclically Adjusted PS Ratio is ranked better than
74.67% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs TPE:4532: 0.65

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.

Rechi Precision Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$9.818. 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$45.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rechi Precision Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rechi Precision 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.

Rechi Precision Co Cyclically Adjusted PS Ratio Chart

Rechi Precision 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 0.59 0.53 0.45 0.36 0.47

Rechi Precision 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 0.42 0.44 0.42 0.47 0.53

Competitive Comparison of Rechi Precision Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Rechi Precision 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.


Rechi Precision Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rechi Precision Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rechi Precision 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.

Rechi Precision Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.35/45.73
=0.64

* 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.

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

For example, Rechi Precision 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)
=9.818/131.7762*131.7762
=9.818

Current CPI (Mar. 2024) = 131.7762.

Rechi Precision Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.481 100.560 13.735
201409 9.098 100.428 11.938
201412 8.050 99.070 10.708
201503 8.995 99.621 11.898
201506 9.854 100.684 12.897
201509 6.725 100.392 8.827
201512 6.787 99.792 8.962
201603 8.677 100.470 11.381
201606 10.136 101.688 13.135
201609 7.584 101.861 9.811
201612 8.662 101.863 11.206
201703 9.145 102.862 11.716
201706 10.860 103.349 13.847
201709 9.099 104.136 11.514
201712 9.328 104.011 11.818
201803 11.848 105.290 14.828
201806 13.079 106.317 16.211
201809 8.392 106.507 10.383
201812 10.985 105.998 13.657
201903 10.476 107.251 12.872
201906 12.126 108.070 14.786
201909 7.906 108.329 9.617
201912 9.197 108.420 11.178
202003 8.337 108.902 10.088
202006 10.318 108.767 12.501
202009 9.215 109.815 11.058
202012 10.202 109.897 12.233
202103 11.492 111.754 13.551
202106 12.492 114.631 14.360
202109 10.240 115.734 11.659
202112 10.566 117.630 11.837
202203 11.096 121.301 12.054
202206 10.920 125.017 11.510
202209 7.642 125.227 8.042
202212 6.955 125.222 7.319
202303 7.731 127.348 8.000
202306 8.933 128.729 9.144
202309 8.173 129.860 8.294
202312 8.743 129.419 8.902
202403 9.818 131.776 9.818

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.


Rechi Precision Co  (TPE:4532) 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.


Rechi Precision Co Cyclically Adjusted PS Ratio Related Terms

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


Rechi Precision Co (TPE:4532) Business Description

Traded in Other Exchanges
N/A
Address
No. 943, Cheng Kung Road, Section 2, Guanyin District, Taoyuan, TWN, 328
Rechi Precision Co Ltd is a Taiwan-based company that manufactures and distributes compressors, motors, inverter controllers, and heat pump water heaters. The company's products are used in manufacturing air conditioning equipment, dehumidifiers, heat-pump dryers, water heaters, air cleaners, mechanical fans, auto components, and others.

Rechi Precision Co (TPE:4532) Headlines

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