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Shinil Electronics (XKRX:002700) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 08, 2024)


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What is Shinil Electronics Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Shinil Electronics's current share price is ₩1719.00. Shinil Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩2,536.28. Shinil Electronics's Cyclically Adjusted PS Ratio for today is 0.68.

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

XKRX:002700' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.84   Max: 1.26
Current: 0.67

During the past years, Shinil Electronics's highest Cyclically Adjusted PS Ratio was 1.26. The lowest was 0.59. And the median was 0.84.

XKRX:002700's Cyclically Adjusted PS Ratio is ranked better than
56.19% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs XKRX:002700: 0.67

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.

Shinil Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩421.293. 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 ₩2,536.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinil Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shinil Electronics'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.

Shinil Electronics Cyclically Adjusted PS Ratio Chart

Shinil Electronics 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 0.91 0.89 0.95 0.76 0.74

Shinil Electronics 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 0.85 0.76 0.72 0.74 0.73

Competitive Comparison of Shinil Electronics's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Shinil Electronics'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.


Shinil Electronics's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shinil Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shinil Electronics 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.

Shinil Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1719.00/2536.28
=0.68

* 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.

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

For example, Shinil Electronics'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)
=421.293/118.8477*118.8477
=421.293

Current CPI (Mar. 2024) = 118.8477.

Shinil Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 791.209 99.353 946.457
201409 423.583 99.608 505.400
201412 497.698 99.098 596.887
201503 227.224 99.720 270.809
201506 586.493 100.050 696.685
201509 309.786 100.110 367.769
201512 418.170 100.220 495.894
201603 219.604 100.560 259.541
201606 578.713 100.790 682.396
201609 463.053 101.460 542.409
201612 490.320 101.560 573.783
201703 228.332 102.850 263.848
201706 736.436 102.610 852.975
201709 604.629 103.490 694.355
201712 467.748 102.990 539.769
201803 276.682 104.100 315.879
201806 708.815 104.130 808.999
201809 840.919 105.650 945.966
201812 545.003 104.350 620.722
201903 261.728 104.490 297.691
201906 721.222 104.880 817.273
201909 612.106 105.200 691.515
201912 492.105 105.120 556.369
202003 257.915 105.540 290.436
202006 1,004.731 104.870 1,138.648
202009 660.708 106.200 739.394
202012 535.848 105.765 602.128
202103 347.577 107.357 384.778
202106 894.117 107.579 987.778
202109 885.219 108.759 967.332
202112 640.502 109.676 694.062
202203 386.285 111.806 410.615
202206 963.690 114.083 1,003.940
202209 856.830 114.831 886.799
202212 821.617 115.200 847.631
202303 409.709 116.550 417.788
202306 866.211 117.140 878.840
202309 629.489 119.111 628.096
202312 719.895 118.848 719.895
202403 421.293 118.848 421.293

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.


Shinil Electronics  (XKRX:002700) 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.


Shinil Electronics Cyclically Adjusted PS Ratio Related Terms

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


Shinil Electronics (XKRX:002700) Business Description

Traded in Other Exchanges
N/A
Address
308, Yeongok-gil, Ipjang-myeon, Seobuk-gu, Cheonan-si, Chungcheong-do, Cheonan-si, KOR
Shinil Electronics, formerly Shinil Industrial Co Ltd is a South Korea based company engages in the manufacturing of household electronic appliances. It manufactures electric fan, heaters, rice cooker, iron, and vacuum cleaner.

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