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Initech Co (XKRX:053350) Cyclically Adjusted PS Ratio : (As of Sep. 23, 2024)


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What is Initech Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Initech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Initech 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.

Initech Co Cyclically Adjusted PS Ratio Chart

Initech 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 0.44 0.36 0.41 0.27 0.26

Initech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.28 0.26 0.26 0.28 -

Competitive Comparison of Initech Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Initech 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.


Initech Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Initech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Initech 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.

Initech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Initech Co's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=482.311/*
=

Current CPI (Jun. 2024) = .

Initech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2,375.175 99.608 0.000
201412 2,780.757 99.098 0.000
201503 2,179.620 99.720 0.000
201506 2,531.111 100.050 0.000
201509 2,728.188 100.110 0.000
201512 3,055.432 100.220 0.000
201603 2,683.186 100.560 0.000
201606 3,009.733 100.790 0.000
201609 3,043.567 101.460 0.000
201612 3,232.313 101.560 0.000
201703 3,044.819 102.850 0.000
201706 2,896.561 102.610 0.000
201709 2,983.709 103.490 0.000
201712 3,644.991 102.990 0.000
201803 2,931.237 104.100 0.000
201806 3,108.540 104.130 0.000
201809 3,620.678 105.650 0.000
201812 3,830.120 104.350 0.000
201903 3,284.271 104.490 0.000
201906 3,819.669 104.880 0.000
201909 3,685.022 105.200 0.000
201912 3,867.839 105.120 0.000
202003 3,647.000 105.540 0.000
202006 3,855.562 104.870 0.000
202009 497.767 106.200 0.000
202012 14,022.039 105.765 0.000
202103 3,596.937 107.357 0.000
202106 3,775.159 107.579 0.000
202109 609.578 108.759 0.000
202112 569.821 109.676 0.000
202203 661.359 111.806 0.000
202206 684.882 114.083 0.000
202209 758.066 114.831 0.000
202212 798.987 115.200 0.000
202303 717.017 116.550 0.000
202306 606.865 117.140 0.000
202309 614.382 119.111 0.000
202312 622.931 118.848 0.000
202403 515.625 118.848 0.000
202406 482.311 0.000

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.


Initech Co  (XKRX:053350) 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.


Initech Co Cyclically Adjusted PS Ratio Related Terms

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Initech Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
222-14 Guro-dong, Guro-gu, SEOUL, KOR, 152-050
Initech Co Ltd is a South Korea based company engages in the provision of information security solutions. Its products and services include certification and encryption, total solution management, security equipment, financial application service provider, information technology operations, and others.

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