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Asia Paper Mfg Co (XKRX:002310) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 20, 2024)


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What is Asia Paper Mfg Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Asia Paper Mfg Co's current share price is ₩8670.00. Asia Paper Mfg Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩19,264.00. Asia Paper Mfg Co's Cyclically Adjusted PS Ratio for today is 0.45.

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

XKRX:002310' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.39   Max: 0.63
Current: 0.45

During the past years, Asia Paper Mfg Co's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.21. And the median was 0.39.

XKRX:002310's Cyclically Adjusted PS Ratio is ranked better than
58.63% of 249 companies
in the Forest Products industry
Industry Median: 0.58 vs XKRX:002310: 0.45

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.

Asia Paper Mfg Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩5,205.732. 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 ₩19,264.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Paper Mfg Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Paper Mfg 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.

Asia Paper Mfg Co Cyclically Adjusted PS Ratio Chart

Asia Paper Mfg 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 0.34 0.42 0.57 0.39 0.43

Asia Paper Mfg 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 0.38 0.37 0.40 0.43 0.47

Competitive Comparison of Asia Paper Mfg Co's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Asia Paper Mfg 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.


Asia Paper Mfg Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

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

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



Asia Paper Mfg 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.

Asia Paper Mfg Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8670.00/19264
=0.45

* 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.

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

For example, Asia Paper Mfg 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)
=5205.732/118.8477*118.8477
=5,205.732

Current CPI (Mar. 2024) = 118.8477.

Asia Paper Mfg Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3,515.624 99.353 4,205.448
201409 3,465.246 99.608 4,134.573
201412 3,534.834 99.098 4,239.307
201503 3,442.111 99.720 4,102.356
201506 3,199.586 100.050 3,800.734
201509 3,384.121 100.110 4,017.531
201512 3,279.542 100.220 3,889.104
201603 3,002.572 100.560 3,548.616
201606 3,489.608 100.790 4,114.812
201609 3,793.888 101.460 4,444.065
201612 3,875.880 101.560 4,535.638
201703 3,582.841 102.850 4,140.130
201706 3,953.790 102.610 4,579.464
201709 4,403.405 103.490 5,056.861
201712 4,379.728 102.990 5,054.089
201803 4,104.468 104.100 4,685.942
201806 4,391.690 104.130 5,012.410
201809 4,372.788 105.650 4,919.033
201812 4,458.175 104.350 5,077.564
201903 3,776.263 104.490 4,295.150
201906 3,925.249 104.880 4,448.005
201909 3,944.004 105.200 4,455.664
201912 3,933.394 105.120 4,447.059
202003 3,983.753 105.540 4,486.071
202006 3,761.992 104.870 4,263.413
202009 3,910.970 106.200 4,376.740
202012 4,685.492 105.765 5,265.048
202103 4,881.432 107.357 5,403.894
202106 5,200.476 107.579 5,745.238
202109 5,154.623 108.759 5,632.766
202112 5,882.102 109.676 6,373.972
202203 5,600.790 111.806 5,953.546
202206 5,831.837 114.083 6,075.416
202209 5,696.277 114.831 5,895.513
202212 5,723.852 115.200 5,905.082
202303 5,003.518 116.550 5,102.176
202306 5,158.801 117.140 5,234.012
202309 5,124.069 119.111 5,112.733
202312 5,405.184 118.848 5,405.184
202403 5,205.732 118.848 5,205.732

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.


Asia Paper Mfg Co  (XKRX:002310) 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.


Asia Paper Mfg Co Cyclically Adjusted PS Ratio Related Terms

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Asia Paper Mfg Co (XKRX:002310) Business Description

Traded in Other Exchanges
N/A
Address
726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921
Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co (XKRX:002310) Headlines

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