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Shinsung E&G Co (XKRX:011930) Cyclically Adjusted PS Ratio : 0.62 (As of Jun. 05, 2024)


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What is Shinsung E&G Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Shinsung E&G Co's current share price is ₩2075.00. Shinsung E&G Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩3,325.58. Shinsung E&G Co's Cyclically Adjusted PS Ratio for today is 0.62.

The historical rank and industry rank for Shinsung E&G Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKRX:011930' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.46   Max: 1.07
Current: 0.64

During the past years, Shinsung E&G Co's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.13. And the median was 0.46.

XKRX:011930's Cyclically Adjusted PS Ratio is ranked better than
84.14% of 681 companies
in the Semiconductors industry
Industry Median: 2.32 vs XKRX:011930: 0.64

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.

Shinsung E&G Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩660.805. 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 ₩3,325.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinsung E&G Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shinsung E&G 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.

Shinsung E&G Co Cyclically Adjusted PS Ratio Chart

Shinsung E&G 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 0.20 1.03 0.67 0.48 0.61

Shinsung E&G 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 0.55 0.69 0.66 0.61 0.74

Competitive Comparison of Shinsung E&G Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Shinsung E&G 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.


Shinsung E&G Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shinsung E&G Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shinsung E&G Co's Cyclically Adjusted PS Ratio falls into.



Shinsung E&G 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.

Shinsung E&G Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2075.00/3325.58
=0.62

* 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.

Shinsung E&G Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shinsung E&G 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)
=660.805/118.8477*118.8477
=660.805

Current CPI (Mar. 2024) = 118.8477.

Shinsung E&G Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 674.445 99.353 806.782
201409 736.954 99.608 879.300
201412 929.571 99.098 1,114.830
201503 716.486 99.720 853.918
201506 480.059 100.050 570.254
201509 469.606 100.110 557.503
201512 603.375 100.220 715.523
201603 671.840 100.560 794.020
201606 637.879 100.790 752.162
201609 268.786 101.460 314.849
201612 642.623 101.560 752.011
201703 2,585.601 102.850 2,987.776
201706 781.558 102.610 905.237
201709 976.432 103.490 1,121.332
201712 1,103.232 102.990 1,273.100
201803 585.875 104.100 668.875
201806 684.756 104.130 781.539
201809 614.556 105.650 691.326
201812 696.891 104.350 793.712
201903 745.509 104.490 847.947
201906 705.614 104.880 799.586
201909 818.412 105.200 924.585
201912 532.327 105.120 601.844
202003 632.355 105.540 712.090
202006 831.995 104.870 942.888
202009 853.626 106.200 955.287
202012 658.456 105.765 739.902
202103 377.207 107.357 417.580
202106 499.589 107.579 551.922
202109 569.893 108.759 622.756
202112 836.287 109.676 906.219
202203 674.256 111.806 716.723
202206 875.981 114.083 912.568
202209 765.771 114.831 792.555
202212 924.483 115.200 953.754
202303 593.151 116.550 604.847
202306 771.187 117.140 782.430
202309 635.999 119.111 634.592
202312 840.918 118.848 840.918
202403 660.805 118.848 660.805

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.


Shinsung E&G Co  (XKRX:011930) 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.


Shinsung E&G Co Cyclically Adjusted PS Ratio Related Terms

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


Shinsung E&G Co (XKRX:011930) Business Description

Traded in Other Exchanges
N/A
Address
404-1 Baekhyeon-Dong, Bungang-Gu, Gyeonggi-Do, Seongnam, KOR
Shinsung E&G Co Ltd is a manufacturer of solar cells, including single crystalline solar cells and multi-crystalline solar cells. It also provides clean-room system solutions and services related to air-conditioning systems, among others.

Shinsung E&G Co (XKRX:011930) Headlines

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