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Wisdom Marine Lines Co (TPE:2637) Cyclically Adjusted PS Ratio : 3.29 (As of Jun. 06, 2024)


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What is Wisdom Marine Lines Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Wisdom Marine Lines Co's current share price is NT$76.10. Wisdom Marine Lines Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was NT$23.11. Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio for today is 3.29.

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

TPE:2637' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.67   Max: 4.83
Current: 3.36

During the past 13 years, Wisdom Marine Lines Co's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 1.01. And the median was 1.67.

TPE:2637's Cyclically Adjusted PS Ratio is ranked worse than
86.16% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs TPE:2637: 3.36

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.

Wisdom Marine Lines Co's adjusted revenue per share data of for the fiscal year that ended in Dec22 was NT$34.324. 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$23.11 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wisdom Marine Lines Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wisdom Marine Lines 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.

Wisdom Marine Lines Co Cyclically Adjusted PS Ratio Chart

Wisdom Marine Lines Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.50 1.28 3.96 2.66

Wisdom Marine Lines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.66 - - - -

Competitive Comparison of Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Wisdom Marine Lines 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.


Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio falls into.



Wisdom Marine Lines 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.

Wisdom Marine Lines Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.10/23.11
=3.29

* 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.

Wisdom Marine Lines Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Wisdom Marine Lines Co's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=34.324/125.2218*125.2218
=34.324

Current CPI (Dec22) = 125.2218.

Wisdom Marine Lines Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 17.016 98.326 21.671
201412 16.432 99.070 20.770
201512 17.859 99.792 22.410
201612 16.322 101.863 20.065
201712 17.860 104.011 21.502
201812 19.424 105.998 22.947
201912 19.379 108.420 22.382
202012 15.666 109.897 17.851
202112 25.509 117.630 27.155
202212 34.324 125.222 34.324

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.


Wisdom Marine Lines Co  (TPE:2637) 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.


Wisdom Marine Lines Co Cyclically Adjusted PS Ratio Related Terms

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Wisdom Marine Lines Co (TPE:2637) Business Description

Traded in Other Exchanges
N/A
Address
Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667
Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

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