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Kangwon Land (XKRX:035250) Cyclically Adjusted PS Ratio : 2.08 (As of May. 21, 2024)


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What is Kangwon Land Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Kangwon Land's current share price is ₩15400.00. Kangwon Land's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩7,393.70. Kangwon Land's Cyclically Adjusted PS Ratio for today is 2.08.

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

XKRX:035250' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.93   Med: 3.71   Max: 5.34
Current: 2.06

During the past years, Kangwon Land's highest Cyclically Adjusted PS Ratio was 5.34. The lowest was 1.93. And the median was 3.71.

XKRX:035250's Cyclically Adjusted PS Ratio is ranked worse than
61.03% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs XKRX:035250: 2.06

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.

Kangwon Land's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩1,816.985. 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 ₩7,393.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kangwon Land Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land Cyclically Adjusted PS Ratio Chart

Kangwon Land 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 3.90 3.30 3.39 3.17 2.15

Kangwon Land 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 2.69 2.35 2.02 2.15 2.20

Competitive Comparison of Kangwon Land's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Kangwon Land'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.


Kangwon Land's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kangwon Land 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.

Kangwon Land's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15400.00/7393.7
=2.08

* 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.

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

For example, Kangwon Land'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)
=1816.985/118.8477*118.8477
=1,816.985

Current CPI (Mar. 2024) = 118.8477.

Kangwon Land Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,754.498 99.353 2,098.759
201409 1,942.465 99.608 2,317.660
201412 1,840.335 99.098 2,207.104
201503 2,098.997 99.720 2,501.614
201506 1,917.491 100.050 2,277.755
201509 2,040.200 100.110 2,422.067
201512 1,999.960 100.220 2,371.689
201603 2,152.148 100.560 2,543.535
201606 2,030.994 100.790 2,394.870
201609 2,159.914 101.460 2,530.069
201612 2,020.904 101.560 2,364.905
201703 2,017.442 102.850 2,331.243
201706 1,840.344 102.610 2,131.572
201709 1,878.164 103.490 2,156.880
201712 1,900.130 102.990 2,192.699
201803 1,865.920 104.100 2,130.262
201806 1,669.206 104.130 1,905.131
201809 1,820.282 105.650 2,047.670
201812 1,736.130 104.350 1,977.336
201903 1,860.604 104.490 2,116.265
201906 1,794.717 104.880 2,033.734
201909 2,001.710 105.200 2,261.394
201912 1,840.927 105.120 2,081.335
202003 1,164.044 105.540 1,310.820
202006 171.041 104.870 193.838
202009 378.816 106.200 423.930
202012 648.806 105.765 729.058
202103 481.367 107.357 532.888
202106 1,003.019 107.579 1,108.087
202109 1,213.273 108.759 1,325.816
202112 1,547.885 109.676 1,677.321
202203 1,125.543 111.806 1,196.433
202206 1,534.854 114.083 1,598.960
202209 1,958.691 114.831 2,027.199
202212 1,646.136 115.200 1,698.256
202303 1,766.428 116.550 1,801.258
202306 1,633.262 117.140 1,657.074
202309 1,844.540 119.111 1,840.459
202312 1,603.062 118.848 1,603.062
202403 1,816.985 118.848 1,816.985

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.


Kangwon Land  (XKRX:035250) 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.


Kangwon Land Cyclically Adjusted PS Ratio Related Terms

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


Kangwon Land (XKRX:035250) Business Description

Traded in Other Exchanges
N/A
Address
265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR
Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

Kangwon Land (XKRX:035250) Headlines

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