GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Chailease Holding Co Ltd (TPE:5871) » Definitions » Cyclically Adjusted PS Ratio

Chailease Holding Co (TPE:5871) Cyclically Adjusted PS Ratio : 11.43 (As of Apr. 29, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Chailease Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Chailease Holding Co's current share price is NT$168.00. Chailease Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was NT$14.70. Chailease Holding Co's Cyclically Adjusted PS Ratio for today is 11.43.

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

TPE:5871' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.53   Med: 13.4   Max: 20.36
Current: 11.43

During the past years, Chailease Holding Co's highest Cyclically Adjusted PS Ratio was 20.36. The lowest was 6.53. And the median was 13.40.

TPE:5871's Cyclically Adjusted PS Ratio is ranked worse than
82.34% of 368 companies
in the Credit Services industry
Industry Median: 2.875 vs TPE:5871: 11.43

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.

Chailease Holding Co's adjusted revenue per share data for the three months ended in Dec. 2023 was NT$3.384. 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 NT$14.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chailease Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chailease Holding 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.

Chailease Holding Co Cyclically Adjusted PS Ratio Chart

Chailease Holding 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 10.54 13.02 19.16 14.99 13.13

Chailease Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.99 15.11 13.59 12.14 13.13

Competitive Comparison of Chailease Holding Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Chailease Holding 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.


Chailease Holding Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chailease Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Chailease Holding 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=168.00/14.7
=11.43

* 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.

Chailease Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chailease Holding Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.384/129.4194*129.4194
=3.384

Current CPI (Dec. 2023) = 129.4194.

Chailease Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.001 99.695 3.896
201406 2.782 100.560 3.580
201409 3.132 100.428 4.036
201412 2.670 99.070 3.488
201503 2.495 99.621 3.241
201506 2.924 100.684 3.759
201509 2.909 100.392 3.750
201512 3.052 99.792 3.958
201603 2.392 100.470 3.081
201606 2.939 101.688 3.740
201609 2.937 101.861 3.732
201612 3.143 101.863 3.993
201703 2.654 102.862 3.339
201706 2.909 103.349 3.643
201709 3.242 104.136 4.029
201712 3.453 104.011 4.297
201803 3.124 105.290 3.840
201806 3.548 106.317 4.319
201809 3.266 106.507 3.969
201812 3.396 105.998 4.146
201903 2.919 107.251 3.522
201906 3.705 108.070 4.437
201909 3.772 108.329 4.506
201912 4.123 108.420 4.922
202003 2.374 108.902 2.821
202006 2.479 108.767 2.950
202009 2.907 109.815 3.426
202012 2.758 109.897 3.248
202103 2.798 111.754 3.240
202106 3.011 114.631 3.399
202109 3.120 115.734 3.489
202112 3.299 117.630 3.630
202203 3.230 121.301 3.446
202206 3.183 125.017 3.295
202209 3.551 125.227 3.670
202212 3.439 125.222 3.554
202303 3.203 127.348 3.255
202306 3.192 128.729 3.209
202309 3.767 129.860 3.754
202312 3.384 129.419 3.384

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.


Chailease Holding Co  (TPE:5871) 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.


Chailease Holding Co Cyclically Adjusted PS Ratio Related Terms

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


Chailease Holding Co (TPE:5871) Business Description

Traded in Other Exchanges
Address
No. 362, Ruiguang Road, Neihu District, Taipei, TWN
Chailease Holding Co Ltd provides various forms of financing and primarily operates in Taiwan and mainland China. The company also has a presence in the Western United States. Its main products and services include leasing, instalment sales, import/export financing, and direct financing to corporations and small and medium-sized enterprises. The company began operations by primarily providing asset-backed financing to companies in heavy industries to help with their property, plant, and equipment needs. The majority of the company's revenue is interest income. Geographically, the company's revenue is split nearly evenly between Taiwan, China, and ASEAN regions.

Chailease Holding Co (TPE:5871) Headlines

No Headlines