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Hanwha Aerospace Co (XKRX:012450) Cyclically Adjusted PS Ratio : 2.01 (As of May. 17, 2024)


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What is Hanwha Aerospace Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Hanwha Aerospace Co's current share price is ₩215000.00. Hanwha Aerospace Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩106,732.00. Hanwha Aerospace Co's Cyclically Adjusted PS Ratio for today is 2.01.

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

XKRX:012450' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.6   Max: 2.2
Current: 2.03

During the past years, Hanwha Aerospace Co's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.24. And the median was 0.60.

XKRX:012450's Cyclically Adjusted PS Ratio is ranked worse than
62.62% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.52 vs XKRX:012450: 2.03

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.

Hanwha Aerospace Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩67,546.882. 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 ₩106,732.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanwha Aerospace Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hanwha Aerospace 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.

Hanwha Aerospace Co Cyclically Adjusted PS Ratio Chart

Hanwha Aerospace 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 0.51 0.39 0.59 0.80 1.17

Hanwha Aerospace Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.80 1.04 1.30 1.03 1.17

Competitive Comparison of Hanwha Aerospace Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Hanwha Aerospace 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.


Hanwha Aerospace Co's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hanwha Aerospace Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hanwha Aerospace Co's Cyclically Adjusted PS Ratio falls into.



Hanwha Aerospace 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.

Hanwha Aerospace Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=215000.00/106732
=2.01

* 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.

Hanwha Aerospace Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hanwha Aerospace Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=67546.882/118.8477*118.8477
=67,546.882

Current CPI (Dec. 2023) = 118.8477.

Hanwha Aerospace Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11,346.399 99.253 13,586.425
201406 13,609.537 99.353 16,279.953
201409 11,409.002 99.608 13,612.698
201412 12,911.047 99.098 15,484.149
201503 11,323.378 99.720 13,495.361
201506 11,435.041 100.050 13,583.491
201509 12,187.491 100.110 14,468.637
201512 14,353.281 100.220 17,021.098
201603 12,096.014 100.560 14,295.778
201606 15,440.463 100.790 18,206.801
201609 16,700.928 101.460 19,563.048
201612 21,990.234 101.560 25,733.446
201703 14,590.005 102.850 16,859.393
201706 19,657.492 102.610 22,768.226
201709 16,491.165 103.490 18,938.419
201712 29,384.419 102.990 33,908.832
201803 14,242.980 104.100 16,260.763
201806 19,399.631 104.130 22,141.568
201809 19,936.984 105.650 22,427.494
201812 31,688.603 104.350 36,091.208
201903 18,362.630 104.490 20,885.791
201906 27,087.201 104.880 30,694.618
201909 25,456.385 105.200 28,758.867
201912 31,005.018 105.120 35,053.987
202003 20,044.382 105.540 22,571.809
202006 23,546.233 104.870 26,684.616
202009 27,201.251 106.200 30,440.736
202012 34,074.090 105.765 38,288.771
202103 23,945.533 107.357 26,508.437
202106 33,307.006 107.579 36,795.990
202109 26,527.740 108.759 28,988.452
202112 34,893.473 109.676 37,811.316
202203 23,035.804 111.806 24,486.675
202206 28,761.694 114.083 29,962.985
202209 29,839.474 114.831 30,883.155
202212 51,106.182 115.200 52,724.320
202303 38,001.646 116.550 38,750.954
202306 35,323.677 117.140 35,838.666
202309 39,005.039 119.111 38,918.751
202312 67,546.882 118.848 67,546.882

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.


Hanwha Aerospace Co  (XKRX:012450) 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.


Hanwha Aerospace Co Cyclically Adjusted PS Ratio Related Terms

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Hanwha Aerospace Co (XKRX:012450) Business Description

Traded in Other Exchanges
N/A
Address
1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR
Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

Hanwha Aerospace Co (XKRX:012450) Headlines

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