GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » KT&G Corp (XKRX:033780) » Definitions » Cyclically Adjusted PS Ratio

KT&G (XKRX:033780) Cyclically Adjusted PS Ratio : 2.03 (As of May. 01, 2024)


View and export this data going back to 1999. Start your Free Trial

What is KT&G Cyclically Adjusted PS Ratio?

As of today (2024-05-01), KT&G's current share price is ₩89400.00. KT&G's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩44,080.40. KT&G's Cyclically Adjusted PS Ratio for today is 2.03.

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

XKRX:033780' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.34   Max: 3.67
Current: 2.02

During the past years, KT&G's highest Cyclically Adjusted PS Ratio was 3.67. The lowest was 1.91. And the median was 2.34.

XKRX:033780's Cyclically Adjusted PS Ratio is ranked worse than
57.14% of 35 companies
in the Tobacco Products industry
Industry Median: 1.79 vs XKRX:033780: 2.02

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.

KT&G's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩12,784.104. 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 ₩44,080.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KT&G Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KT&G'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.

KT&G Cyclically Adjusted PS Ratio Chart

KT&G 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 2.69 2.31 2.07 2.22 1.97

KT&G 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 2.22 1.99 1.94 1.97 1.97

Competitive Comparison of KT&G's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, KT&G'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.


KT&G's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, KT&G's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



KT&G 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.

KT&G's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89400.00/44080.4
=2.03

* 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.

KT&G's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KT&G'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)
=12784.104/118.8477*118.8477
=12,784.104

Current CPI (Dec. 2023) = 118.8477.

KT&G Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7,651.849 99.253 9,162.490
201406 7,883.662 99.353 9,430.567
201409 8,789.038 99.608 10,486.677
201412 8,252.623 99.098 9,897.327
201503 9,027.624 99.720 10,759.249
201506 8,193.531 100.050 9,732.957
201509 9,005.144 100.110 10,690.647
201512 6,597.615 100.220 7,823.901
201603 8,653.551 100.560 10,227.274
201606 8,626.242 100.790 10,171.734
201609 9,673.643 101.460 11,331.463
201612 8,467.070 101.560 9,908.348
201703 9,334.100 102.850 10,785.963
201706 9,198.804 102.610 10,654.485
201709 10,127.455 103.490 11,630.348
201712 8,299.258 102.990 9,577.121
201803 8,454.152 104.100 9,651.840
201806 8,867.171 104.130 10,120.454
201809 9,365.210 105.650 10,535.103
201812 8,726.448 104.350 9,938.843
201903 9,383.392 104.490 10,672.740
201906 9,960.253 104.880 11,286.739
201909 10,472.061 105.200 11,830.612
201912 9,483.095 105.120 10,721.500
202003 9,310.124 105.540 10,484.052
202006 10,420.440 104.870 11,809.338
202009 11,645.340 106.200 13,032.221
202012 8,823.247 105.765 9,914.609
202103 9,735.414 107.357 10,777.401
202106 10,300.185 107.579 11,379.153
202109 12,044.107 108.759 13,161.318
202112 10,165.906 109.676 11,015.994
202203 11,690.401 111.806 12,426.701
202206 11,814.658 114.083 12,308.121
202209 13,539.207 114.831 14,012.761
202212 11,852.743 115.200 12,228.028
202303 12,002.668 116.550 12,239.334
202306 11,489.464 117.140 11,656.971
202309 14,577.933 119.111 14,545.683
202312 12,784.104 118.848 12,784.104

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.


KT&G  (XKRX:033780) 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.


KT&G Cyclically Adjusted PS Ratio Related Terms

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


KT&G (XKRX:033780) Business Description

Traded in Other Exchanges
N/A
Address
100, Pyong chon-dong, Daedeog-gu, Daejeon, KOR, 306-712
KT&G primarily manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. More than two thirds of the company's revenue come from tobacco sales in South Korea. Tobacco sales outside of South Korea generate another fourth of the company's total revenue and are primarily generated in the Middle East and Asia, although the company sells its product in roughly 50 countries spanning the globe. The remaining company sales are from KT&G's businesses that invest in real estate and sell ginseng products, cosmetics, and pharmaceuticals.

KT&G (XKRX:033780) Headlines

No Headlines