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Yulon Finance (TPE:9941) Cyclically Adjusted PS Ratio : 3.97 (As of Jun. 09, 2024)


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What is Yulon Finance Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Yulon Finance's current share price is NT$149.00. Yulon Finance's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$37.51. Yulon Finance's Cyclically Adjusted PS Ratio for today is 3.97.

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

TPE:9941' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.53   Med: 3.53   Max: 5.38
Current: 3.97

During the past years, Yulon Finance's highest Cyclically Adjusted PS Ratio was 5.38. The lowest was 1.53. And the median was 3.53.

TPE:9941's Cyclically Adjusted PS Ratio is ranked worse than
57.92% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs TPE:9941: 3.97

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.

Yulon Finance's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$8.234. 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$37.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yulon Finance Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yulon Finance'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.

Yulon Finance Cyclically Adjusted PS Ratio Chart

Yulon Finance 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 2.23 2.07 3.81 3.90 5.03

Yulon Finance 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 4.44 4.90 4.95 5.03 3.88

Competitive Comparison of Yulon Finance's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Yulon Finance'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.


Yulon Finance's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yulon Finance's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yulon Finance 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.

Yulon Finance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.00/37.51
=3.97

* 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.

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

For example, Yulon Finance'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)
=8.234/131.7762*131.7762
=8.234

Current CPI (Mar. 2024) = 131.7762.

Yulon Finance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.285 100.560 9.546
201409 7.374 100.428 9.676
201412 7.972 99.070 10.604
201503 7.567 99.621 10.009
201506 7.524 100.684 9.847
201509 7.664 100.392 10.060
201512 7.863 99.792 10.383
201603 7.685 100.470 10.080
201606 7.942 101.688 10.292
201609 7.808 101.861 10.101
201612 8.091 101.863 10.467
201703 8.228 102.862 10.541
201706 8.760 103.349 11.170
201709 8.292 104.136 10.493
201712 9.011 104.011 11.416
201803 10.703 105.290 13.395
201806 9.618 106.317 11.921
201809 10.907 106.507 13.495
201812 11.351 105.998 14.112
201903 6.938 107.251 8.525
201906 7.012 108.070 8.550
201909 6.739 108.329 8.198
201912 7.360 108.420 8.946
202003 7.188 108.902 8.698
202006 6.666 108.767 8.076
202009 6.742 109.815 8.090
202012 7.011 109.897 8.407
202103 7.119 111.754 8.394
202106 5.966 114.631 6.858
202109 7.339 115.734 8.356
202112 7.525 117.630 8.430
202203 6.219 121.301 6.756
202206 6.534 125.017 6.887
202209 7.336 125.227 7.720
202212 7.298 125.222 7.680
202303 7.130 127.348 7.378
202306 6.799 128.729 6.960
202309 7.855 129.860 7.971
202312 8.207 129.419 8.356
202403 8.234 131.776 8.234

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.


Yulon Finance  (TPE:9941) 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.


Yulon Finance Cyclically Adjusted PS Ratio Related Terms

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


Yulon Finance (TPE:9941) Business Description

Traded in Other Exchanges
Address
No. 2, Dunhua South Road, Section 2, 15th Floor, Taipei, TWN
Yulon Finance Corp is mainly focused on purchasing of accounts receivable which are related to products such as new cars and used cars.

Yulon Finance (TPE:9941) Headlines

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