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Cleanaway Co (TPE:8422) Cyclically Adjusted PS Ratio : 5.48 (As of Jun. 20, 2024)


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What is Cleanaway Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Cleanaway Co's current share price is NT$191.00. Cleanaway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$34.86. Cleanaway Co's Cyclically Adjusted PS Ratio for today is 5.48.

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

TPE:8422' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.1   Med: 5.91   Max: 8.85
Current: 5.49

During the past years, Cleanaway Co's highest Cyclically Adjusted PS Ratio was 8.85. The lowest was 5.10. And the median was 5.91.

TPE:8422's Cyclically Adjusted PS Ratio is ranked worse than
87.68% of 138 companies
in the Waste Management industry
Industry Median: 1.275 vs TPE:8422: 5.49

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.

Cleanaway Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$10.283. 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$34.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleanaway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cleanaway 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.

Cleanaway Co Cyclically Adjusted PS Ratio Chart

Cleanaway 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 5.90 6.14 8.17 5.61 5.32

Cleanaway 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 5.68 6.27 5.21 5.32 5.11

Competitive Comparison of Cleanaway Co's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Cleanaway 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.


Cleanaway Co's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cleanaway 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=191.00/34.86
=5.48

* 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.

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

For example, Cleanaway 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)
=10.283/131.7762*131.7762
=10.283

Current CPI (Mar. 2024) = 131.7762.

Cleanaway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.050 100.560 6.618
201409 4.585 100.428 6.016
201412 4.967 99.070 6.607
201503 5.046 99.621 6.675
201506 5.997 100.684 7.849
201509 6.897 100.392 9.053
201512 7.279 99.792 9.612
201603 7.443 100.470 9.762
201606 7.660 101.688 9.926
201609 7.403 101.861 9.577
201612 6.127 101.863 7.926
201703 6.020 102.862 7.712
201706 5.965 103.349 7.606
201709 6.153 104.136 7.786
201712 7.366 104.011 9.332
201803 8.254 105.290 10.330
201806 8.065 106.317 9.996
201809 7.489 106.507 9.266
201812 7.319 105.998 9.099
201903 6.233 107.251 7.658
201906 5.995 108.070 7.310
201909 5.888 108.329 7.162
201912 6.677 108.420 8.115
202003 5.967 108.902 7.220
202006 5.944 108.767 7.201
202009 6.509 109.815 7.811
202012 6.141 109.897 7.364
202103 7.489 111.754 8.831
202106 5.444 114.631 6.258
202109 6.985 115.734 7.953
202112 7.790 117.630 8.727
202203 10.285 121.301 11.173
202206 11.629 125.017 12.258
202209 12.885 125.227 13.559
202212 12.551 125.222 13.208
202303 10.395 127.348 10.756
202306 10.246 128.729 10.489
202309 5.795 129.860 5.881
202312 8.479 129.419 8.633
202403 10.283 131.776 10.283

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.


Cleanaway Co  (TPE:8422) 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.


Cleanaway Co Cyclically Adjusted PS Ratio Related Terms

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


Cleanaway Co (TPE:8422) Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd offers one-stop-shop services for treating forms of waste. It treats various industrial and hazardous waste materials and owns private landfills for final disposal in Taiwan. The company provides systems for daily activities and solutions for cleaning up contaminated sites. Cleaning an entire location can require on-site sampling and experimental studies to return the location to its natural form. Cleanway provides technologies, contracts, clearance, and transportation to the designated landfill, and it enforces strict compliance with all regulations. Part of the process focuses on quality control and random testing to prevent non-treated or unapproved wastes from entering the company's landfills.

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