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TES Co (XKRX:095610) Cyclically Adjusted PS Ratio : 1.75 (As of Jun. 21, 2024)


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What is TES Co Cyclically Adjusted PS Ratio?

As of today (2024-06-21), TES Co's current share price is ₩23200.00. TES Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩13,236.60. TES Co's Cyclically Adjusted PS Ratio for today is 1.75.

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

XKRX:095610' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.39   Max: 5.93
Current: 1.77

During the past years, TES Co's highest Cyclically Adjusted PS Ratio was 5.93. The lowest was 1.24. And the median was 2.39.

XKRX:095610's Cyclically Adjusted PS Ratio is ranked better than
59.35% of 679 companies
in the Semiconductors industry
Industry Median: 2.29 vs XKRX:095610: 1.77

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.

TES Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩2,401.860. 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 ₩13,236.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TES Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TES 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.

TES Co Cyclically Adjusted PS Ratio Chart

TES 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 3.04 3.32 2.77 1.23 1.50

TES 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 1.67 1.61 1.49 1.50 1.65

Competitive Comparison of TES Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, TES 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.


TES Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



TES 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23200.00/13236.6
=1.75

* 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.

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

For example, TES 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)
=2401.86/118.8477*118.8477
=2,401.860

Current CPI (Mar. 2024) = 118.8477.

TES Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,450.196 99.353 1,734.748
201409 558.428 99.608 666.291
201412 1,386.862 99.098 1,663.256
201503 1,560.609 99.720 1,859.956
201506 1,092.942 100.050 1,298.287
201509 1,489.080 100.110 1,767.793
201512 333.067 100.220 394.974
201603 2,766.642 100.560 3,269.780
201606 1,909.166 100.790 2,251.215
201609 2,143.107 101.460 2,510.382
201612 3,012.894 101.560 3,525.753
201703 3,239.597 102.850 3,743.497
201706 5,405.808 102.610 6,261.260
201709 2,305.240 103.490 2,647.333
201712 3,085.704 102.990 3,560.820
201803 5,148.787 104.100 5,878.208
201806 4,871.298 104.130 5,559.806
201809 2,412.595 105.650 2,713.974
201812 2,359.340 104.350 2,687.131
201903 3,004.940 104.490 3,417.841
201906 2,685.524 104.880 3,043.176
201909 1,366.975 105.200 1,544.314
201912 2,232.961 105.120 2,524.565
202003 3,072.102 105.540 3,459.468
202006 4,024.041 104.870 4,560.389
202009 2,923.347 106.200 3,271.498
202012 2,882.007 105.765 3,238.487
202103 8,174.452 107.357 9,049.368
202106 5,490.192 107.579 6,065.302
202109 2,912.105 108.759 3,182.232
202112 3,342.670 109.676 3,622.189
202203 5,530.792 111.806 5,879.140
202206 4,823.439 114.083 5,024.900
202209 5,064.398 114.831 5,241.533
202212 4,295.350 115.200 4,431.351
202303 2,038.978 116.550 2,079.182
202306 3,246.679 117.140 3,294.013
202309 1,579.468 119.111 1,575.974
202312 1,464.385 118.848 1,464.385
202403 2,401.860 118.848 2,401.860

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.


TES Co  (XKRX:095610) 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.


TES Co Cyclically Adjusted PS Ratio Related Terms

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


TES Co (XKRX:095610) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2374-36 Jungbu-Daero, Yangji-Myun, Cheoin-Gu, Gyeonggi-do, Yongin-Si, KOR, 17162
TES Co Ltd is a Korea-based company which manufactures and provides semiconductor, solar cell and display and compound semiconductor equipment. It offers the product such as offers PECVD, dry cleaning, and single LPCVD for semiconductors, mass products for solar cells, pathfinder series products for display and OLED and HESTIA-2G for optoelectronics. All the business activity of the group is primarily functioned through Korea but its product is distributed with in Korea and to the international market as well.

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