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Yieh Phui Enterprise Co (TPE:2023) Cyclically Adjusted PS Ratio : 0.38 (As of Jun. 09, 2024)


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What is Yieh Phui Enterprise Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Yieh Phui Enterprise Co's current share price is NT$15.40. Yieh Phui Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$40.09. Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio for today is 0.38.

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

TPE:2023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.39   Max: 1.06
Current: 0.38

During the past years, Yieh Phui Enterprise Co's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.23. And the median was 0.39.

TPE:2023's Cyclically Adjusted PS Ratio is ranked better than
54.88% of 523 companies
in the Steel industry
Industry Median: 0.48 vs TPE:2023: 0.38

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.

Yieh Phui Enterprise Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$10.045. 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$40.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yieh Phui Enterprise Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yieh Phui Enterprise 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.

Yieh Phui Enterprise Co Cyclically Adjusted PS Ratio Chart

Yieh Phui Enterprise 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 0.27 0.40 0.69 0.42 0.45

Yieh Phui Enterprise 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 0.41 0.40 0.39 0.45 0.38

Competitive Comparison of Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Yieh Phui Enterprise 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.


Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio falls into.



Yieh Phui Enterprise 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.

Yieh Phui Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.40/40.09
=0.38

* 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.

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

For example, Yieh Phui Enterprise 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)
=10.045/131.7762*131.7762
=10.045

Current CPI (Mar. 2024) = 131.7762.

Yieh Phui Enterprise Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.526 100.560 9.862
201409 7.803 100.428 10.239
201412 7.625 99.070 10.142
201503 7.171 99.621 9.486
201506 6.699 100.684 8.768
201509 6.098 100.392 8.004
201512 5.191 99.792 6.855
201603 5.532 100.470 7.256
201606 6.495 101.688 8.417
201609 6.716 101.861 8.688
201612 6.408 101.863 8.290
201703 9.792 102.862 12.544
201706 7.405 103.349 9.442
201709 8.960 104.136 11.338
201712 8.879 104.011 11.249
201803 9.368 105.290 11.725
201806 9.689 106.317 12.009
201809 9.809 106.507 12.136
201812 8.174 105.998 10.162
201903 7.557 107.251 9.285
201906 7.490 108.070 9.133
201909 7.796 108.329 9.483
201912 6.973 108.420 8.475
202003 6.298 108.902 7.621
202006 6.425 108.767 7.784
202009 6.974 109.815 8.369
202012 8.205 109.897 9.839
202103 9.414 111.754 11.101
202106 11.681 114.631 13.428
202109 12.215 115.734 13.908
202112 12.013 117.630 13.458
202203 11.658 121.301 12.665
202206 11.431 125.017 12.049
202209 10.162 125.227 10.694
202212 8.689 125.222 9.144
202303 8.891 127.348 9.200
202306 9.581 128.729 9.808
202309 9.028 129.860 9.161
202312 9.461 129.419 9.633
202403 10.045 131.776 10.045

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.


Yieh Phui Enterprise Co  (TPE:2023) 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.


Yieh Phui Enterprise Co Cyclically Adjusted PS Ratio Related Terms

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


Yieh Phui Enterprise Co (TPE:2023) Business Description

Traded in Other Exchanges
N/A
Address
No. 369, Yuliao Road, Qiaotou District, Kaohsiung, TWN, 825004
Yieh Phui Enterprise Co Ltd is engaged mainly in the processing, manufacturing marketing and import/export trading of rolled steel coils, refined steel, molded steel, steel/iron wires, galvanized/pre-painted/surface-treated metals. The company's segments include Steel coils and steel pipes, Construction, Wire rods and Others. Majority of revenue is generated from Steel coils and steel pipes. Geographically, the company operates in Taiwan, USA, Asia, Europe and others.

Yieh Phui Enterprise Co (TPE:2023) Headlines

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