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Taiwan Cogeneration (TPE:8926) Cyclically Adjusted PS Ratio : 5.95 (As of May. 22, 2024)


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What is Taiwan Cogeneration Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Taiwan Cogeneration's current share price is NT$46.65. Taiwan Cogeneration's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$7.84. Taiwan Cogeneration's Cyclically Adjusted PS Ratio for today is 5.95.

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

TPE:8926' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.82   Med: 5.92   Max: 7.33
Current: 5.92

During the past years, Taiwan Cogeneration's highest Cyclically Adjusted PS Ratio was 7.33. The lowest was 3.82. And the median was 5.92.

TPE:8926's Cyclically Adjusted PS Ratio is ranked worse than
95.46% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs TPE:8926: 5.92

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.

Taiwan Cogeneration's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$2.772. 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$7.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Cogeneration Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Cyclically Adjusted PS Ratio Chart

Taiwan Cogeneration 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 5.97 6.22 5.26 4.13 5.37

Taiwan Cogeneration 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 5.30 7.08 5.51 5.37 6.00

Competitive Comparison of Taiwan Cogeneration's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiwan Cogeneration 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.

Taiwan Cogeneration's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.65/7.84
=5.95

* 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.

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

For example, Taiwan Cogeneration'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)
=2.772/131.7762*131.7762
=2.772

Current CPI (Mar. 2024) = 131.7762.

Taiwan Cogeneration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.717 100.560 0.940
201409 0.584 100.428 0.766
201412 0.595 99.070 0.791
201503 0.458 99.621 0.606
201506 0.520 100.684 0.681
201509 0.865 100.392 1.135
201512 0.510 99.792 0.673
201603 0.455 100.470 0.597
201606 0.477 101.688 0.618
201609 0.502 101.861 0.649
201612 0.362 101.863 0.468
201703 0.310 102.862 0.397
201706 0.454 103.349 0.579
201709 0.566 104.136 0.716
201712 0.514 104.011 0.651
201803 1.178 105.290 1.474
201806 1.544 106.317 1.914
201809 2.303 106.507 2.849
201812 0.800 105.998 0.995
201903 0.826 107.251 1.015
201906 1.890 108.070 2.305
201909 2.960 108.329 3.601
201912 5.293 108.420 6.433
202003 3.981 108.902 4.817
202006 3.520 108.767 4.265
202009 3.147 109.815 3.776
202012 3.548 109.897 4.254
202103 3.039 111.754 3.583
202106 1.964 114.631 2.258
202109 2.312 115.734 2.632
202112 2.478 117.630 2.776
202203 1.356 121.301 1.473
202206 1.432 125.017 1.509
202209 1.173 125.227 1.234
202212 4.433 125.222 4.665
202303 1.717 127.348 1.777
202306 2.113 128.729 2.163
202309 1.919 129.860 1.947
202312 1.565 129.419 1.593
202403 2.772 131.776 2.772

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.


Taiwan Cogeneration  (TPE:8926) 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.


Taiwan Cogeneration Cyclically Adjusted PS Ratio Related Terms

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


Taiwan Cogeneration (TPE:8926) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Rui Guang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is a Taiwanese company involved in the planning, construction, operation, management, and repair of cogeneration power-producing plants and equipment. All its revenue is generated from Taiwan.

Taiwan Cogeneration (TPE:8926) Headlines

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