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Cheryong Electric Co (XKRX:033100) Cyclically Adjusted PS Ratio : 15.56 (As of May. 14, 2024)


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What is Cheryong Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Cheryong Electric Co's current share price is ₩71500.00. Cheryong Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩4,594.06. Cheryong Electric Co's Cyclically Adjusted PS Ratio for today is 15.56.

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

XKRX:033100' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.98   Max: 16.3
Current: 16.3

During the past years, Cheryong Electric Co's highest Cyclically Adjusted PS Ratio was 16.30. The lowest was 0.89. And the median was 1.98.

XKRX:033100's Cyclically Adjusted PS Ratio is ranked worse than
99.13% of 2188 companies
in the Industrial Products industry
Industry Median: 1.44 vs XKRX:033100: 16.30

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.

Cheryong Electric Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩4,093.376. 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 ₩4,594.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheryong Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cheryong Electric 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.

Cheryong Electric Co Cyclically Adjusted PS Ratio Chart

Cheryong Electric 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 1.99 1.61 1.51 2.96 4.36

Cheryong Electric 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 2.96 3.12 4.65 5.57 4.36

Competitive Comparison of Cheryong Electric Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Cheryong Electric 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.


Cheryong Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cheryong Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cheryong Electric 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.

Cheryong Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71500.00/4594.06
=15.56

* 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.

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

For example, Cheryong Electric 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)
=4093.376/118.8477*118.8477
=4,093.376

Current CPI (Dec. 2023) = 118.8477.

Cheryong Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,063.083 99.253 1,272.959
201406 1,169.317 99.353 1,398.756
201409 929.212 99.608 1,108.693
201412 1,174.662 99.098 1,408.766
201503 1,074.338 99.720 1,280.411
201506 1,046.931 100.050 1,243.632
201509 894.000 100.110 1,061.331
201512 963.307 100.220 1,142.355
201603 727.213 100.560 859.463
201606 513.026 100.790 604.941
201609 498.739 101.460 584.210
201612 779.054 101.560 911.666
201703 711.070 102.850 821.673
201706 808.491 102.610 936.432
201709 769.832 103.490 884.073
201712 641.712 102.990 740.518
201803 448.857 104.100 512.446
201806 539.051 104.130 615.240
201809 807.776 105.650 908.683
201812 850.936 104.350 969.159
201903 465.820 104.490 529.827
201906 538.957 104.880 610.734
201909 697.513 105.200 788.002
201912 1,118.832 105.120 1,264.941
202003 488.352 105.540 549.929
202006 757.806 104.870 858.811
202009 597.688 106.200 668.869
202012 818.339 105.765 919.561
202103 640.847 107.357 709.437
202106 811.702 107.579 896.730
202109 749.527 108.759 819.053
202112 903.512 109.676 979.065
202203 595.519 111.806 633.027
202206 816.487 114.083 850.589
202209 1,559.035 114.831 1,613.565
202212 2,383.932 115.200 2,459.413
202303 1,891.586 116.550 1,928.884
202306 2,862.513 117.140 2,904.246
202309 2,602.941 119.111 2,597.183
202312 4,093.376 118.848 4,093.376

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.


Cheryong Electric Co  (XKRX:033100) 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.


Cheryong Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Cheryong Electric Co (XKRX:033100) Business Description

Traded in Other Exchanges
N/A
Address
628 Achasan-ro, Gwangjin-gu, SEOUL, KOR, 143-210
Cheryong Electric Co Ltd is a manufacturer and distributor of transmission and substation materials, distribution equipment, underground ship materials and communication equipment in South Korea.

Cheryong Electric Co (XKRX:033100) Headlines

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