GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pou Chen Corp (TPE:9904) » Definitions » Cyclically Adjusted PS Ratio

Pou Chen (TPE:9904) Cyclically Adjusted PS Ratio : 0.33 (As of May. 21, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Pou Chen Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Pou Chen's current share price is NT$36.35. Pou Chen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$108.53. Pou Chen's Cyclically Adjusted PS Ratio for today is 0.33.

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

TPE:9904' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.45
Current: 0.35

During the past years, Pou Chen's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.25. And the median was 0.32.

TPE:9904's Cyclically Adjusted PS Ratio is ranked better than
69.44% of 854 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs TPE:9904: 0.35

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.

Pou Chen's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$21.453. 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$108.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pou Chen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pou Chen'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.

Pou Chen Cyclically Adjusted PS Ratio Chart

Pou Chen 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 0.42 0.33 0.33 0.33 0.29

Pou Chen 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 0.29 0.29 0.27 0.29 0.33

Competitive Comparison of Pou Chen's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Pou Chen'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.


Pou Chen's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Pou Chen 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.

Pou Chen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.35/108.53
=0.33

* 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.

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

For example, Pou Chen'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)
=21.453/131.7762*131.7762
=21.453

Current CPI (Mar. 2024) = 131.7762.

Pou Chen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.117 100.560 27.672
201409 19.914 100.428 26.130
201412 21.184 99.070 28.178
201503 20.481 99.621 27.092
201506 23.129 100.684 30.271
201509 21.735 100.392 28.530
201512 23.217 99.792 30.658
201603 22.225 100.470 29.150
201606 24.045 101.688 31.160
201609 21.223 101.861 27.456
201612 22.973 101.863 29.719
201703 21.586 102.862 27.654
201706 23.311 103.349 29.723
201709 22.801 104.136 28.853
201712 24.643 104.011 31.221
201803 22.806 105.290 28.543
201806 25.206 106.317 31.242
201809 24.800 106.507 30.684
201812 26.584 105.998 33.049
201903 25.979 107.251 31.920
201906 27.473 108.070 33.500
201909 25.833 108.329 31.424
201912 26.771 108.420 32.538
202003 20.155 108.902 24.389
202006 21.700 108.767 26.290
202009 20.161 109.815 24.193
202012 23.034 109.897 27.620
202103 24.027 111.754 28.332
202106 21.958 114.631 25.242
202109 15.532 115.734 17.685
202112 19.772 117.630 22.150
202203 22.795 121.301 24.764
202206 23.091 125.017 24.339
202209 23.359 125.227 24.581
202212 21.331 125.222 22.448
202303 21.828 127.348 22.587
202306 21.231 128.729 21.734
202309 19.741 129.860 20.032
202312 20.706 129.419 21.083
202403 21.453 131.776 21.453

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.


Pou Chen  (TPE:9904) 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.


Pou Chen Cyclically Adjusted PS Ratio Related Terms

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


Pou Chen (TPE:9904) Business Description

Traded in Other Exchanges
N/A
Address
No. 600, Section 4, Taiwan Blvd, Xitun District, Taichung, TWN, 40764
Pou Chen Corp is engaged in the manufacturing and sale of shoes and the import and export of related products and materials. The firm also invests in the shoes and electronics industries. Its business is Footwear Business, Retail Business, and Other Business.

Pou Chen (TPE:9904) Headlines

No Headlines