GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Phoenix Tours International Inc (TPE:5706) » Definitions » Cyclically Adjusted PS Ratio

Phoenix Tours International (TPE:5706) Cyclically Adjusted PS Ratio : 2.18 (As of Dec. 13, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Phoenix Tours International Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Phoenix Tours International's current share price is NT$65.00. Phoenix Tours International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was NT$29.76. Phoenix Tours International's Cyclically Adjusted PS Ratio for today is 2.18.

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

TPE:5706' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.57   Max: 3.47
Current: 2.22

During the past years, Phoenix Tours International's highest Cyclically Adjusted PS Ratio was 3.47. The lowest was 0.48. And the median was 1.57.

TPE:5706's Cyclically Adjusted PS Ratio is ranked worse than
62.56% of 601 companies
in the Travel & Leisure industry
Industry Median: 1.52 vs TPE:5706: 2.22

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.

Phoenix Tours International's adjusted revenue per share data for the three months ended in Sep. 2024 was NT$10.442. 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$29.76 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoenix Tours International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Phoenix Tours International'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.

Phoenix Tours International Cyclically Adjusted PS Ratio Chart

Phoenix Tours International 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 0.84 0.76 1.08 1.82 2.25

Phoenix Tours International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.99 2.25 2.06 2.30 2.02

Competitive Comparison of Phoenix Tours International's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Phoenix Tours International'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.


Phoenix Tours International's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Phoenix Tours International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Phoenix Tours International's Cyclically Adjusted PS Ratio falls into.



Phoenix Tours International 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.

Phoenix Tours International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.00/29.76
=2.18

* 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.

Phoenix Tours International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Phoenix Tours International's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.442/133.0289*133.0289
=10.442

Current CPI (Sep. 2024) = 133.0289.

Phoenix Tours International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.971 99.070 9.361
201503 6.774 99.621 9.046
201506 10.042 100.684 13.268
201509 11.000 100.392 14.576
201512 6.401 99.792 8.533
201603 6.286 100.470 8.323
201606 9.242 101.688 12.090
201609 11.442 101.861 14.943
201612 7.052 101.863 9.210
201703 5.443 102.862 7.039
201706 9.322 103.349 11.999
201709 11.315 104.136 14.454
201712 7.467 104.011 9.550
201803 6.044 105.290 7.636
201806 9.746 106.317 12.195
201809 11.217 106.507 14.010
201812 8.275 105.998 10.385
201903 6.469 107.251 8.024
201906 10.149 108.070 12.493
201909 11.731 108.329 14.406
201912 7.239 108.420 8.882
202003 4.492 108.902 5.487
202006 0.438 108.767 0.536
202009 0.604 109.815 0.732
202012 0.494 109.897 0.598
202103 0.310 111.754 0.369
202106 0.282 114.631 0.327
202109 0.895 115.734 1.029
202112 0.308 117.630 0.348
202203 0.279 121.301 0.306
202206 0.296 125.017 0.315
202209 0.466 125.227 0.495
202212 1.472 125.222 1.564
202303 4.336 127.348 4.529
202306 5.819 128.729 6.013
202309 9.417 129.860 9.647
202312 7.173 129.419 7.373
202403 7.412 131.776 7.482
202406 9.566 132.554 9.600
202409 10.442 133.029 10.442

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.


Phoenix Tours International  (TPE:5706) 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.


Phoenix Tours International Cyclically Adjusted PS Ratio Related Terms

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


Phoenix Tours International Business Description

Traded in Other Exchanges
N/A
Address
Chang-An East Road, 4th Floor, No. 25, Section 1, Zhongshan District, Taipei, TWN, 104
Phoenix Tours International Inc is a Taiwan-based company engaged in the tourism business. Its services include tour packages, independent travel groups, domestic and overseas sightseeing tours, meals and accommodation, and related services, providing tour guides to travelers both at home and abroad. The company also sells domestic and overseas transportation tickets as a commissioned agent, purchases domestic and overseas tickets on behalf of customers, check-in luggage, and processes entry-exit visa procedures on behalf of customers. The group has four reportable segments: Group Travel Department, Domestic Transportation Department, Air Passenger and Freight Forwarding Department, and Ticketing and other departments.

Phoenix Tours International Headlines

No Headlines