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Shui-Mu International Co (TPE:8443) Cyclically Adjusted PS Ratio : 0.41 (As of Jun. 06, 2024)


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What is Shui-Mu International Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Shui-Mu International Co's current share price is NT$12.15. Shui-Mu International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$29.49. Shui-Mu International Co's Cyclically Adjusted PS Ratio for today is 0.41.

The historical rank and industry rank for Shui-Mu International Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:8443' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.35   Max: 0.42
Current: 0.42

During the past years, Shui-Mu International Co's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.31. And the median was 0.35.

TPE:8443's Cyclically Adjusted PS Ratio is ranked better than
63.33% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs TPE:8443: 0.42

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.

Shui-Mu International Co's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$4.554. 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$29.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shui-Mu International Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shui-Mu International 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.

Shui-Mu International Co Cyclically Adjusted PS Ratio Chart

Shui-Mu International 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 - - 0.35 0.32 0.40

Shui-Mu International 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 0.34 0.37 0.37 0.40 0.41

Competitive Comparison of Shui-Mu International Co's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Shui-Mu International 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.


Shui-Mu International Co's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shui-Mu International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shui-Mu International Co's Cyclically Adjusted PS Ratio falls into.



Shui-Mu International 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.

Shui-Mu International Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.15/29.49
=0.41

* 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.

Shui-Mu International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shui-Mu International 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)
=4.554/131.7762*131.7762
=4.554

Current CPI (Mar. 2024) = 131.7762.

Shui-Mu International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.047 100.560 13.166
201409 10.269 100.428 13.474
201412 8.158 99.070 10.851
201503 8.697 99.621 11.504
201506 8.169 100.684 10.692
201509 7.659 100.392 10.053
201512 8.895 99.792 11.746
201603 7.600 100.470 9.968
201606 8.141 101.688 10.550
201609 6.864 101.861 8.880
201612 6.838 101.863 8.846
201703 6.354 102.862 8.140
201706 5.566 103.349 7.097
201709 5.398 104.136 6.831
201712 6.796 104.011 8.610
201803 6.552 105.290 8.200
201806 5.790 106.317 7.177
201809 5.637 106.507 6.974
201812 6.080 105.998 7.559
201903 6.107 107.251 7.504
201906 5.406 108.070 6.592
201909 5.452 108.329 6.632
201912 6.602 108.420 8.024
202003 4.757 108.902 5.756
202006 4.720 108.767 5.718
202009 5.115 109.815 6.138
202012 5.922 109.897 7.101
202103 4.604 111.754 5.429
202106 3.125 114.631 3.592
202109 3.394 115.734 3.864
202112 5.105 117.630 5.719
202203 5.244 121.301 5.697
202206 4.232 125.017 4.461
202209 4.370 125.227 4.599
202212 4.724 125.222 4.971
202303 4.485 127.348 4.641
202306 4.727 128.729 4.839
202309 4.263 129.860 4.326
202312 4.345 129.419 4.424
202403 4.554 131.776 4.554

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.


Shui-Mu International Co  (TPE:8443) 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.


Shui-Mu International Co Cyclically Adjusted PS Ratio Related Terms

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


Shui-Mu International Co (TPE:8443) Business Description

Traded in Other Exchanges
N/A
Address
No.168,Songjiang Road, 6th Floor, Zhongshan District, Taipei, TWN
Shui-Mu International Co Ltd is a Taiwan-based shoe retailing company. It designs, manufactures, and markets footwear, leather goods, and apparel accessories.

Shui-Mu International Co (TPE:8443) Headlines

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