GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Giant Manufacturing Co Ltd (TPE:9921) » Definitions » Cyclically Adjusted PS Ratio

Giant Manufacturing Co (TPE:9921) Cyclically Adjusted PS Ratio : 1.09 (As of Jun. 05, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Giant Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Giant Manufacturing Co's current share price is NT$229.50. Giant Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$210.85. Giant Manufacturing Co's Cyclically Adjusted PS Ratio for today is 1.09.

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

TPE:9921' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.32   Max: 2.1
Current: 1.03

During the past years, Giant Manufacturing Co's highest Cyclically Adjusted PS Ratio was 2.10. The lowest was 0.75. And the median was 1.32.

TPE:9921's Cyclically Adjusted PS Ratio is ranked better than
62.44% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.45 vs TPE:9921: 1.03

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.

Giant Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$39.444. 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$210.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giant Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Giant Manufacturing 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.

Giant Manufacturing Co Cyclically Adjusted PS Ratio Chart

Giant Manufacturing 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 1.33 1.65 1.86 1.00 0.88

Giant Manufacturing 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 0.86 1.11 0.85 0.88 1.05

Competitive Comparison of Giant Manufacturing Co's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Giant Manufacturing 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.


Giant Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Giant Manufacturing 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=229.50/210.85
=1.09

* 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.

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

For example, Giant Manufacturing 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)
=39.444/131.7762*131.7762
=39.444

Current CPI (Mar. 2024) = 131.7762.

Giant Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 40.029 100.560 52.455
201409 44.239 100.428 58.048
201412 37.057 99.070 49.291
201503 38.583 99.621 51.037
201506 41.161 100.684 53.872
201509 45.302 100.392 59.464
201512 34.029 99.792 44.935
201603 37.757 100.470 49.522
201606 38.856 101.688 50.353
201609 40.166 101.861 51.962
201612 34.022 101.863 44.013
201703 35.793 102.862 45.854
201706 35.539 103.349 45.314
201709 39.308 104.136 49.741
201712 35.073 104.011 44.436
201803 36.837 105.290 46.104
201806 39.996 106.317 49.574
201809 42.896 106.507 53.073
201812 38.863 105.998 48.314
201903 38.711 107.251 47.563
201906 42.389 108.070 51.688
201909 44.950 108.329 54.679
201912 41.434 108.420 50.360
202003 34.994 108.902 42.344
202006 52.032 108.767 63.039
202009 51.442 109.815 61.730
202012 46.006 109.897 55.165
202103 54.262 111.754 63.984
202106 56.421 114.631 64.860
202109 52.524 115.734 59.804
202112 52.313 117.630 58.604
202203 58.954 121.301 64.045
202206 60.202 125.017 63.457
202209 66.790 125.227 70.283
202212 53.045 125.222 55.821
202303 49.274 127.348 50.987
202306 55.689 128.729 57.007
202309 48.498 129.860 49.214
202312 36.422 129.419 37.085
202403 39.444 131.776 39.444

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.


Giant Manufacturing Co  (TPE:9921) 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.


Giant Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Giant Manufacturing Co (TPE:9921) Business Description

Traded in Other Exchanges
N/A
Address
Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763
Giant Manufacturing Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Giant distributes bicycles and components both domestically and internationally, and largely sells products under the Giant brand name.

Giant Manufacturing Co (TPE:9921) Headlines

No Headlines