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Haitai Confectionery and Foods Co (XKRX:101530) Cyclically Adjusted PS Ratio : 0.18 (As of Sep. 21, 2024)


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What is Haitai Confectionery and Foods Co Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Haitai Confectionery and Foods Co's current share price is ₩5680.00. Haitai Confectionery and Foods Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ₩32,229.30. Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio for today is 0.18.

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

XKRX:101530' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.17   Max: 0.17
Current: 0.17

During the past 10 years, Haitai Confectionery and Foods Co's highest Cyclically Adjusted PS Ratio was 0.17. The lowest was 0.16. And the median was 0.17.

XKRX:101530's Cyclically Adjusted PS Ratio is ranked better than
89.98% of 1308 companies
in the Consumer Packaged Goods industry
Industry Median: 0.84 vs XKRX:101530: 0.17

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.

Haitai Confectionery and Foods Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ₩23,573.621. 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 ₩32,229.30 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haitai Confectionery and Foods Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Haitai Confectionery and Foods 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.

Haitai Confectionery and Foods Co Cyclically Adjusted PS Ratio Chart

Haitai Confectionery and Foods 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 - - - - 0.17

Haitai Confectionery and Foods 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 - - 0.17 - -

Competitive Comparison of Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Haitai Confectionery and Foods 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.


Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio falls into.



Haitai Confectionery and Foods 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.

Haitai Confectionery and Foods Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5680.00/32229.3
=0.18

* 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.

Haitai Confectionery and Foods Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Haitai Confectionery and Foods Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=23573.621/118.8477*118.8477
=23,573.621

Current CPI (Dec23) = 118.8477.

Haitai Confectionery and Foods Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 36,717.757 99.098 44,035.409
201512 44,229.218 100.220 52,450.018
201612 37,960.288 101.560 44,421.947
201712 28,513.249 102.990 32,903.525
201812 27,514.537 104.350 31,337.225
201912 20,336.832 105.120 22,992.634
202012 21,266.126 105.765 23,896.569
202112 21,816.288 109.676 23,640.598
202212 22,334.045 115.200 23,041.192
202312 23,573.621 118.848 23,573.621

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.


Haitai Confectionery and Foods Co  (XKRX:101530) 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.


Haitai Confectionery and Foods Co Cyclically Adjusted PS Ratio Related Terms

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


Haitai Confectionery and Foods Co Business Description

Traded in Other Exchanges
N/A
Address
3, Hangang-daero 72-gil, Yongsan-gu, Seoul, KOR
Haitai Confectionery and Foods Co Ltd is a Korean company which is engaged in the manufacture and distribution of food. Its products include confectionery, ice cream and frozen food. The Company distributes its products within domestic market and to overseas markets.

Haitai Confectionery and Foods Co Headlines

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