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Kingcan Holdings (TPE:8411) Cyclically Adjusted PS Ratio : 0.32 (As of Jun. 09, 2024)


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What is Kingcan Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Kingcan Holdings's current share price is NT$14.10. Kingcan Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$43.68. Kingcan Holdings's Cyclically Adjusted PS Ratio for today is 0.32.

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

TPE:8411' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.34   Max: 0.43
Current: 0.32

During the past years, Kingcan Holdings's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.22. And the median was 0.34.

TPE:8411's Cyclically Adjusted PS Ratio is ranked better than
77% of 313 companies
in the Packaging & Containers industry
Industry Median: 0.74 vs TPE:8411: 0.32

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.

Kingcan Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$9.292. 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$43.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingcan Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kingcan Holdings'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.

Kingcan Holdings Cyclically Adjusted PS Ratio Chart

Kingcan Holdings 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 0.39 0.35 0.38 0.30 0.35

Kingcan Holdings 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 0.34 0.34 0.32 0.35 0.31

Competitive Comparison of Kingcan Holdings's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Kingcan Holdings'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.


Kingcan Holdings's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kingcan Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kingcan Holdings's Cyclically Adjusted PS Ratio falls into.



Kingcan Holdings 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.

Kingcan Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.10/43.68
=0.32

* 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.

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

For example, Kingcan Holdings'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)
=9.292/131.7762*131.7762
=9.292

Current CPI (Mar. 2024) = 131.7762.

Kingcan Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.036 100.560 9.220
201409 7.795 100.428 10.228
201412 6.633 99.070 8.823
201503 8.361 99.621 11.060
201506 7.529 100.684 9.854
201509 9.680 100.392 12.706
201512 9.054 99.792 11.956
201603 8.759 100.470 11.488
201606 5.955 101.688 7.717
201609 8.957 101.861 11.588
201612 10.421 101.863 13.481
201703 8.907 102.862 11.411
201706 8.657 103.349 11.038
201709 10.916 104.136 13.813
201712 11.394 104.011 14.436
201803 9.028 105.290 11.299
201806 5.951 106.317 7.376
201809 7.005 106.507 8.667
201812 8.974 105.998 11.156
201903 7.447 107.251 9.150
201906 7.067 108.070 8.617
201909 9.403 108.329 11.438
201912 10.229 108.420 12.433
202003 5.595 108.902 6.770
202006 8.208 108.767 9.944
202009 9.600 109.815 11.520
202012 9.039 109.897 10.839
202103 9.259 111.754 10.918
202106 10.059 114.631 11.563
202109 11.165 115.734 12.713
202112 13.183 117.630 14.768
202203 10.319 121.301 11.210
202206 11.528 125.017 12.151
202209 14.304 125.227 15.052
202212 11.296 125.222 11.887
202303 7.619 127.348 7.884
202306 10.850 128.729 11.107
202309 10.054 129.860 10.202
202312 9.837 129.419 10.016
202403 9.292 131.776 9.292

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.


Kingcan Holdings  (TPE:8411) 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.


Kingcan Holdings Cyclically Adjusted PS Ratio Related Terms

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


Kingcan Holdings (TPE:8411) Business Description

Traded in Other Exchanges
N/A
Address
Hibiscus Way, 802 West Bay Road, PO Box 31119 Grand Pavilion, Grand Cayman, CYM, KY1-1205
Kingcan Holdings Ltd specializes in the production of metal packaging containers for all types of easy-to-open three-piece tinplate beverage cans, food, and vegetable cans. Its products and services include Tinplate packaging containers, Aluminum product packaging containers, Tinplate color printing, Tinplate coating, Food, and beverage filling, and others. The majority of the revenue is generated from China.

Kingcan Holdings (TPE:8411) Headlines

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