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Ultra Construction & Engineering Co (XKRX:004320) Cyclically Adjusted PS Ratio : (As of Jun. 20, 2024)


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What is Ultra Construction & Engineering Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultra Construction & Engineering Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultra Construction & Engineering 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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Ultra Construction & Engineering Co Cyclically Adjusted PS Ratio Chart

Ultra Construction & Engineering Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Ultra Construction & Engineering Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16
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Competitive Comparison of Ultra Construction & Engineering Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Ultra Construction & Engineering 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.


Ultra Construction & Engineering Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ultra Construction & Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ultra Construction & Engineering Co's Cyclically Adjusted PS Ratio falls into.



Ultra Construction & Engineering 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.

Ultra Construction & Engineering Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Ultra Construction & Engineering Co's adjusted Revenue per Share data for the fiscal year that ended in Dec16 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=16078.41/101.5600*101.5600
=16,078.410

Current CPI (Dec16) = 101.5600.

Ultra Construction & Engineering Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200712 29,772.785 83.386 36,261.771
200812 51,474.435 86.837 60,201.799
200912 80,831.862 89.269 91,961.195
201012 103,536.597 91.977 114,323.981
201112 77,068.656 95.802 81,700.723
201212 67,081.144 97.168 70,113.216
201312 97,739.191 98.279 101,002.170
201412 36,647.025 99.098 37,557.487
201512 18,877.877 100.220 19,130.285
201612 16,078.410 101.560 16,078.410

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.


Ultra Construction & Engineering Co  (XKRX:004320) 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.


Ultra Construction & Engineering Co Cyclically Adjusted PS Ratio Related Terms

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Ultra Construction & Engineering Co (XKRX:004320) Business Description

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Ultra Construction & Engineering Co., Ltd. offers construction & engineering services. The Company operates through three business divisions: - Civil work, Building work, & Plants work & constructs bridges, roads & sewage treatment plants, among others.

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