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Johnson Health Tech Co (TPE:1736) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 13, 2024)


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What is Johnson Health Tech Co Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Johnson Health Tech Co's current share price is NT$85.80. Johnson Health Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$98.73. Johnson Health Tech Co's Cyclically Adjusted PS Ratio for today is 0.87.

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

TPE:1736' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.86   Max: 1.5
Current: 0.91

During the past years, Johnson Health Tech Co's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.58. And the median was 0.86.

TPE:1736's Cyclically Adjusted PS Ratio is ranked better than
66.72% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs TPE:1736: 0.91

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.

Johnson Health Tech Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$26.496. 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$98.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Health Tech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Johnson Health Tech 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.

Johnson Health Tech Co Cyclically Adjusted PS Ratio Chart

Johnson Health Tech 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 1.36 1.36 0.73 0.80 0.72

Johnson Health Tech 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 0.78 0.80 0.72 0.72

Competitive Comparison of Johnson Health Tech Co's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Johnson Health Tech 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.


Johnson Health Tech Co's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Health Tech Co's Cyclically Adjusted PS Ratio falls into.



Johnson Health Tech 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.

Johnson Health Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.80/98.73
=0.87

* 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.

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

For example, Johnson Health Tech 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)
=26.496/131.7762*131.7762
=26.496

Current CPI (Mar. 2024) = 131.7762.

Johnson Health Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.293 100.560 14.799
201409 13.433 100.428 17.626
201412 17.698 99.070 23.541
201503 11.267 99.621 14.904
201506 11.394 100.684 14.913
201509 13.959 100.392 18.323
201512 19.174 99.792 25.319
201603 14.517 100.470 19.040
201606 13.618 101.688 17.647
201609 16.963 101.861 21.945
201612 20.886 101.863 27.019
201703 14.646 102.862 18.763
201706 13.311 103.349 16.972
201709 15.653 104.136 19.808
201712 20.983 104.011 26.584
201803 14.797 105.290 18.519
201806 14.855 106.317 18.412
201809 17.857 106.507 22.094
201812 24.241 105.998 30.136
201903 17.612 107.251 21.639
201906 18.501 108.070 22.559
201909 20.231 108.329 24.610
201912 27.124 108.420 32.967
202003 18.265 108.902 22.102
202006 18.585 108.767 22.517
202009 24.688 109.815 29.625
202012 32.212 109.897 38.625
202103 24.024 111.754 28.328
202106 19.157 114.631 22.022
202109 23.758 115.734 27.051
202112 32.192 117.630 36.064
202203 24.874 121.301 27.022
202206 21.769 125.017 22.946
202209 26.622 125.227 28.014
202212 37.954 125.222 39.941
202303 23.225 127.348 24.033
202306 28.500 128.729 29.175
202309 31.944 129.860 32.415
202312 41.998 129.419 42.763
202403 26.496 131.776 26.496

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.


Johnson Health Tech Co  (TPE:1736) 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.


Johnson Health Tech Co Cyclically Adjusted PS Ratio Related Terms

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


Johnson Health Tech Co (TPE:1736) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Dongda Road, Section 2, Daya District, Taichung, TWN, 428
Johnson Health Tech Co Ltd is a producer of fitness equipment. The company operates several brands including Matrix, Vision Fitness, Horizon Fitness, Treo Fitness, and Tempo Fitness. Johnson Health Tech produces equipment for both home and commercial gyms. The firm has four reporting segments which include American, European, Asian, and other. The majority of the revenue derives from the American segment which is In charge of selling cardiovascular equipment and research and development of training equipment in America.

Johnson Health Tech Co (TPE:1736) Headlines

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