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Shin Foong Specialty and Applied Materials Co (TPE:6582) Cyclically Adjusted PS Ratio : 1.53 (As of Sep. 25, 2024)


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What is Shin Foong Specialty and Applied Materials Co Cyclically Adjusted PS Ratio?

As of today (2024-09-25), Shin Foong Specialty and Applied Materials Co's current share price is NT$63.60. Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was NT$41.63. Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio for today is 1.53.

The historical rank and industry rank for Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:6582' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.2   Max: 1.56
Current: 1.56

During the past 10 years, Shin Foong Specialty and Applied Materials Co's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 1.15. And the median was 1.20.

TPE:6582's Cyclically Adjusted PS Ratio is ranked worse than
59.25% of 1114 companies
in the Chemicals industry
Industry Median: 1.24 vs TPE:6582: 1.56

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.

Shin Foong Specialty and Applied Materials Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was NT$8.423. 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$41.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Foong Specialty and Applied Materials Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co Cyclically Adjusted PS Ratio Chart

Shin Foong Specialty and Applied Materials 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 - - - - 1.34

Shin Foong Specialty and Applied Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 1.34 - -

Competitive Comparison of Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Shin Foong Specialty and Applied Materials 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.


Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio falls into.



Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.60/41.63
=1.53

* 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.

Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shin Foong Specialty and Applied Materials Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=8.423/129.4194*129.4194
=8.423

Current CPI (Dec23) = 129.4194.

Shin Foong Specialty and Applied Materials Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 32.869 99.070 42.938
201512 37.242 99.792 48.299
201612 32.266 101.863 40.995
201712 29.723 104.011 36.984
201812 34.914 105.998 42.629
201912 30.890 108.420 36.873
202012 49.608 109.897 58.421
202112 76.537 117.630 84.208
202212 16.013 125.222 16.550
202312 8.423 129.419 8.423

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.


Shin Foong Specialty and Applied Materials Co  (TPE:6582) 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.


Shin Foong Specialty and Applied Materials Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Shin Foong Specialty and Applied Materials Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shin Foong Specialty and Applied Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.55, Section 3, Zhongshan Road, Ping Tung, Fangliao, TWN, 80247
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing synthetic SBR and NBR rubber latex. Its products are used in paper coating, adhesive for carpet, fabrics, wood, non-woven and innersole saturation, cement mortar, and glove dipping. Its products used in paper coating, carpet backing, non-woven and innersole saturation, veneer adhesion, and cement mortar.

Shin Foong Specialty and Applied Materials Co Headlines

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