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Korea Cement Co (XKRX:198440) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 12, 2024)


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What is Korea Cement Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Korea Cement Co's current share price is ₩2000.00. Korea Cement Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩2,642.97. Korea Cement Co's Cyclically Adjusted PS Ratio for today is 0.76.

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

XKRX:198440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.64   Max: 0.8
Current: 0.8

During the past years, Korea Cement Co's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.61. And the median was 0.64.

XKRX:198440's Cyclically Adjusted PS Ratio is ranked better than
89.52% of 878 companies
in the Asset Management industry
Industry Median: 7.79 vs XKRX:198440: 0.80

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.

Korea Cement Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩124.699. 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 ₩2,642.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Cement Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Korea Cement 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.

Korea Cement Co Cyclically Adjusted PS Ratio Chart

Korea Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Korea Cement 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 - - - - 0.69

Competitive Comparison of Korea Cement Co's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Korea Cement 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.


Korea Cement Co's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Korea Cement Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Korea Cement 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2000.00/2642.97
=0.76

* 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.

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

For example, Korea Cement 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)
=124.699/118.8477*118.8477
=124.699

Current CPI (Mar. 2024) = 118.8477.

Korea Cement Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 0.000 99.098 0.000
201503 0.000 99.720 0.000
201506 0.000 100.050 0.000
201509 0.000 100.110 0.000
201512 0.000 100.220 0.000
201603 0.000 100.560 0.000
201606 1,088.565 100.790 1,283.594
201609 953.041 101.460 1,116.368
201612 1,049.840 101.560 1,228.545
201703 762.019 102.850 880.546
201706 936.987 102.610 1,085.262
201709 719.558 103.490 826.339
201712 823.889 102.990 950.746
201803 548.428 104.100 626.123
201806 834.855 104.130 952.853
201809 592.344 105.650 666.339
201812 260.799 104.350 297.033
201903 523.331 104.490 595.241
201906 655.415 104.880 742.702
201909 465.619 105.200 526.024
201912 578.344 105.120 653.870
202003 445.879 105.540 502.101
202006 610.316 104.870 691.663
202009 498.666 106.200 558.054
202012 651.629 105.765 732.230
202103 462.718 107.357 512.243
202106 651.343 107.579 719.573
202109 399.260 108.759 436.295
202112 527.993 109.676 572.145
202203 443.922 111.806 471.882
202206 576.588 114.083 600.670
202209 573.567 114.831 593.628
202212 577.138 115.200 595.412
202303 594.221 116.550 605.938
202306 612.794 117.140 621.728
202309 320.488 119.111 319.779
202312 54.167 118.848 54.167
202403 124.699 118.848 124.699

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.


Korea Cement Co  (XKRX:198440) 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.


Korea Cement Co Cyclically Adjusted PS Ratio Related Terms

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


Korea Cement Co (XKRX:198440) Business Description

Traded in Other Exchanges
N/A
Address
60 Yeoeuidero, Yeongdeungpo-gu, Seoul, KOR
Website
Korea Cement Co Ltd, formerly known as NH Special Purpose Acquisition 3 Co Ltd is engaged in providing activities auxiliary to financial service activities.

Korea Cement Co (XKRX:198440) Headlines

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