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Kuen Ling Machinery Refrigerating Co (ROCO:4527) Cyclically Adjusted PS Ratio : 1.07 (As of Jun. 02, 2024)


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What is Kuen Ling Machinery Refrigerating Co Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Kuen Ling Machinery Refrigerating Co's current share price is NT$46.20. Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$43.02. Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio for today is 1.07.

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

ROCO:4527' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.74   Max: 1.11
Current: 1.07

During the past years, Kuen Ling Machinery Refrigerating Co's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.58. And the median was 0.74.

ROCO:4527's Cyclically Adjusted PS Ratio is ranked better than
50.86% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs ROCO:4527: 1.07

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.

Kuen Ling Machinery Refrigerating Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$9.494. 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$43.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuen Ling Machinery Refrigerating Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating Co Cyclically Adjusted PS Ratio Chart

Kuen Ling Machinery Refrigerating 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 0.67 0.76 0.73 0.71 0.86

Kuen Ling Machinery Refrigerating 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 0.75 0.79 0.84 0.86 0.95

Competitive Comparison of Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Kuen Ling Machinery Refrigerating 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.


Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio falls into.



Kuen Ling Machinery Refrigerating 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.

Kuen Ling Machinery Refrigerating Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.20/43.02
=1.07

* 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.

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

For example, Kuen Ling Machinery Refrigerating 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)
=9.494/131.7762*131.7762
=9.494

Current CPI (Mar. 2024) = 131.7762.

Kuen Ling Machinery Refrigerating Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.841 100.560 11.586
201409 9.625 100.428 12.629
201412 7.700 99.070 10.242
201503 6.672 99.621 8.826
201506 8.005 100.684 10.477
201509 7.912 100.392 10.385
201512 9.728 99.792 12.846
201603 5.736 100.470 7.523
201606 8.185 101.688 10.607
201609 9.599 101.861 12.418
201612 10.022 101.863 12.965
201703 6.828 102.862 8.747
201706 8.968 103.349 11.435
201709 8.845 104.136 11.193
201712 10.126 104.011 12.829
201803 8.321 105.290 10.414
201806 9.146 106.317 11.336
201809 11.055 106.507 13.678
201812 10.124 105.998 12.586
201903 7.316 107.251 8.989
201906 8.212 108.070 10.013
201909 8.252 108.329 10.038
201912 10.786 108.420 13.110
202003 6.194 108.902 7.495
202006 9.808 108.767 11.883
202009 7.336 109.815 8.803
202012 10.303 109.897 12.354
202103 6.832 111.754 8.056
202106 7.644 114.631 8.787
202109 8.961 115.734 10.203
202112 9.520 117.630 10.665
202203 7.193 121.301 7.814
202206 8.508 125.017 8.968
202209 10.029 125.227 10.554
202212 13.634 125.222 14.348
202303 8.470 127.348 8.765
202306 9.003 128.729 9.216
202309 11.653 129.860 11.825
202312 15.818 129.419 16.106
202403 9.494 131.776 9.494

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.


Kuen Ling Machinery Refrigerating Co  (ROCO:4527) 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.


Kuen Ling Machinery Refrigerating Co Cyclically Adjusted PS Ratio Related Terms

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Kuen Ling Machinery Refrigerating Co (ROCO:4527) Business Description

Traded in Other Exchanges
N/A
Address
No.336, Chihkan North Road, Tzu Kuan Hsiang, Kaohsiung Hsien, TWN
Kuen Ling Machinery Refrigerating Co Ltd is a manufacturer of air-conditioning and frozen equipment. Its products are water-cooled centrifugal, screw type, flooded type chiller units, air-cooled chiller unit, computer room packaged chiller units, thermal storage ice tank, and vacuum freeze-dried equipment. There are three segments of the Group, which are operation bases in Taiwan, Mainland China and Vietnam regions.

Kuen Ling Machinery Refrigerating Co (ROCO:4527) Headlines

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