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Sinjin Sm Co (XKRX:138070) Cyclically Adjusted PS Ratio : 0.84 (As of May. 28, 2024)


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What is Sinjin Sm Co Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Sinjin Sm Co's current share price is ₩3115.00. Sinjin Sm Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩3,725.82. Sinjin Sm Co's Cyclically Adjusted PS Ratio for today is 0.84.

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

XKRX:138070' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.84   Max: 1.47
Current: 0.9

During the past years, Sinjin Sm Co's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.71. And the median was 0.84.

XKRX:138070's Cyclically Adjusted PS Ratio is ranked better than
65.63% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs XKRX:138070: 0.90

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.

Sinjin Sm Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩856.031. 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 ₩3,725.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinjin Sm Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sinjin Sm 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.

Sinjin Sm Co Cyclically Adjusted PS Ratio Chart

Sinjin Sm 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 - - 0.94 0.75 0.77

Sinjin Sm 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 0.76 0.87 0.74 0.77 0.76

Competitive Comparison of Sinjin Sm Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Sinjin Sm 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.


Sinjin Sm Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Sinjin Sm 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3115.00/3725.82
=0.84

* 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.

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

For example, Sinjin Sm 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)
=856.031/118.8477*118.8477
=856.031

Current CPI (Mar. 2024) = 118.8477.

Sinjin Sm Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 616.512 99.353 737.482
201409 784.965 99.608 936.584
201412 651.310 99.098 781.113
201503 682.066 99.720 812.896
201506 911.461 100.050 1,082.709
201509 3,010.477 100.110 3,573.951
201512 749.030 100.220 888.251
201603 1,376.238 100.560 1,626.519
201606 702.363 100.790 828.199
201609 938.570 101.460 1,099.417
201612 738.334 101.560 864.014
201703 875.678 102.850 1,011.884
201706 818.547 102.610 948.079
201709 797.402 103.490 915.735
201712 730.492 102.990 842.968
201803 791.664 104.100 903.818
201806 863.895 104.130 985.998
201809 767.707 105.650 863.608
201812 777.398 104.350 885.405
201903 746.785 104.490 849.399
201906 775.628 104.880 878.925
201909 692.120 105.200 781.909
201912 709.041 105.120 801.635
202003 703.897 105.540 792.652
202006 704.372 104.870 798.255
202009 667.378 106.200 746.858
202012 712.730 105.765 800.889
202103 705.621 107.357 781.144
202106 488.829 107.579 540.035
202109 456.218 108.759 498.537
202112 917.961 109.676 994.722
202203 500.283 111.806 531.792
202206 521.461 114.083 543.241
202209 904.389 114.831 936.021
202212 942.922 115.200 972.777
202303 867.673 116.550 884.782
202306 888.254 117.140 901.204
202309 890.228 119.111 888.259
202312 890.496 118.848 890.496
202403 856.031 118.848 856.031

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.


Sinjin Sm Co  (XKRX:138070) 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.


Sinjin Sm Co Cyclically Adjusted PS Ratio Related Terms

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


Sinjin Sm Co (XKRX:138070) Business Description

Traded in Other Exchanges
N/A
Address
Changmuro, Janggye-myeon, Jangsu-gun, Jeonbuk, KOR, 352-73
Sinjin Sm Co Ltd is the first standard plate manufacturer in Korea. The Company's products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others.

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