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Keding Enterprise Co (TPE:6655) Cyclically Adjusted PS Ratio : 3.36 (As of Jan. 19, 2025)


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What is Keding Enterprise Co Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Keding Enterprise Co's current share price is NT$125.50. Keding Enterprise Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was NT$37.37. Keding Enterprise Co's Cyclically Adjusted PS Ratio for today is 3.36.

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

TPE:6655' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.01   Med: 3.12   Max: 3.35
Current: 3.35

During the past 10 years, Keding Enterprise Co's highest Cyclically Adjusted PS Ratio was 3.35. The lowest was 3.01. And the median was 3.12.

TPE:6655's Cyclically Adjusted PS Ratio is ranked worse than
92.72% of 206 companies
in the Forest Products industry
Industry Median: 0.62 vs TPE:6655: 3.35

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.

Keding Enterprise Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was NT$30.316. 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$37.37 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keding Enterprise Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keding Enterprise 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.

Keding Enterprise Co Cyclically Adjusted PS Ratio Chart

Keding Enterprise 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 - - - - 3.20

Keding Enterprise Co 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 - 3.20 - - -

Competitive Comparison of Keding Enterprise Co's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Keding Enterprise 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.


Keding Enterprise Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Keding Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Keding Enterprise 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.

Keding Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=125.50/37.37
=3.36

* 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.

Keding Enterprise Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Keding Enterprise 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)
=30.316/129.4194*129.4194
=30.316

Current CPI (Dec23) = 129.4194.

Keding Enterprise Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 28.360 99.070 37.048
201512 29.450 99.792 38.193
201612 28.335 101.863 36.000
201712 31.256 104.011 38.891
201812 41.344 105.998 50.479
201912 37.040 108.420 44.214
202012 28.841 109.897 33.964
202112 29.368 117.630 32.312
202212 31.224 125.222 32.271
202312 30.316 129.419 30.316

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.


Keding Enterprise Co  (TPE:6655) 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.


Keding Enterprise Co Cyclically Adjusted PS Ratio Related Terms

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


Keding Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
16th Floor No.69, Sec. 2, Guangfu Road, Sanchong District, New Taipei City, TWN, 241
Keding Enterprise Co Ltd is mainly engaged in the manufacture and sale of prefinished veneered panels, eco panels, wooden flooring, and other wooden products. In addition, it is also involved in the wholesale of timber products. The company offers products such as KD wood veneered panels, KD interior wood doors, KD hand-scraped wood floorings, and others.

Keding Enterprise Co Headlines

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