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Samick Musical Instruments Co (XKRX:002450) Cyclically Adjusted PS Ratio : (As of Jan. 18, 2025)


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What is Samick Musical Instruments Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Samick Musical Instruments Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Samick Musical Instruments 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.

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Samick Musical Instruments Co Cyclically Adjusted PS Ratio Chart

Samick Musical Instruments 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 0.75 0.57 0.66 0.42 0.34

Samick Musical Instruments 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 0.34 0.34 0.40 - -

Competitive Comparison of Samick Musical Instruments Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Samick Musical Instruments 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.


Samick Musical Instruments Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samick Musical Instruments Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Samick Musical Instruments 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.

Samick Musical Instruments Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Samick Musical Instruments Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=617.139/*
=

Current CPI (Sep. 2024) = .

Samick Musical Instruments Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 405.508 99.098 0.000
201503 473.550 99.720 0.000
201506 449.792 100.050 0.000
201509 485.161 100.110 0.000
201512 477.156 100.220 0.000
201603 678.575 100.560 0.000
201606 679.070 100.790 0.000
201609 667.180 101.460 0.000
201612 496.770 101.560 0.000
201703 898.130 102.850 0.000
201706 627.962 102.610 0.000
201709 595.460 103.490 0.000
201712 722.847 102.990 0.000
201803 878.625 104.100 0.000
201806 606.188 104.130 0.000
201809 580.421 105.650 0.000
201812 755.385 104.350 0.000
201903 950.679 104.490 0.000
201906 723.056 104.880 0.000
201909 706.973 105.200 0.000
201912 789.033 105.120 0.000
202003 828.512 105.540 0.000
202006 587.859 104.870 0.000
202009 708.855 106.200 0.000
202012 814.156 105.765 0.000
202103 929.533 107.357 0.000
202106 794.315 107.579 0.000
202109 782.218 108.759 0.000
202112 1,026.191 109.676 0.000
202203 1,286.561 111.806 0.000
202206 856.740 114.083 0.000
202209 841.231 114.831 0.000
202212 1,015.033 115.200 0.000
202303 1,129.156 116.550 0.000
202306 643.809 117.140 0.000
202309 550.129 119.111 0.000
202312 706.497 118.848 0.000
202403 965.649 118.848 0.000
202406 604.598 0.000
202409 617.139 0.000

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.


Samick Musical Instruments Co  (XKRX:002450) 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.


Samick Musical Instruments Co Cyclically Adjusted PS Ratio Related Terms

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Samick Musical Instruments Co Business Description

Traded in Other Exchanges
N/A
Address
1-6, Daejang-Ri, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872
Samick Musical Instruments Co Ltd manufactures and sells musical instruments in South Korea. The company offers upright, grand, and digital pianos; and acoustic and electric guitars. It also provides other music instruments, including strings, such as violins, guitar and bass amplifiers, and cellos; wind instruments comprising amplifiers, flutes, trumpets, saxophones, clarinets, ocarinas, and harmonicas; percussion products covering drums; music stands; tuners; musical instruments for kids; metronomes; and P.A systems.

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