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Asia Cement Co (XKRX:183190) Cyclically Adjusted PS Ratio : 0.52 (As of Jun. 09, 2024)


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What is Asia Cement Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Asia Cement Co's current share price is ₩10400.00. Asia Cement Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩20,101.80. Asia Cement Co's Cyclically Adjusted PS Ratio for today is 0.52.

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

XKRX:183190' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.53   Max: 0.58
Current: 0.51

During the past years, Asia Cement Co's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.49. And the median was 0.53.

XKRX:183190's Cyclically Adjusted PS Ratio is ranked better than
70.94% of 320 companies
in the Building Materials industry
Industry Median: 0.975 vs XKRX:183190: 0.51

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.

Asia Cement Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩7,025.856. 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 ₩20,101.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Cement Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Cement 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.

Asia Cement Co Cyclically Adjusted PS Ratio Chart

Asia Cement 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 - - - - 0.53

Asia Cement 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 - - - 0.53 0.52

Competitive Comparison of Asia Cement Co's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Asia Cement 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.


Asia Cement Co's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Cement Co's Cyclically Adjusted PS Ratio falls into.



Asia Cement 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.

Asia Cement Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10400.00/20101.8
=0.52

* 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.

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

For example, Asia Cement 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)
=7025.856/118.8477*118.8477
=7,025.856

Current CPI (Mar. 2024) = 118.8477.

Asia Cement Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3,704.860 99.353 4,431.815
201409 3,122.974 99.608 3,726.189
201412 3,404.588 99.098 4,083.104
201503 2,568.892 99.720 3,061.642
201506 3,911.390 100.050 4,646.274
201509 3,534.813 100.110 4,196.428
201512 3,547.783 100.220 4,207.203
201603 2,645.919 100.560 3,127.102
201606 3,879.932 100.790 4,575.067
201609 3,554.739 101.460 4,163.932
201612 3,708.151 101.560 4,339.358
201703 2,764.980 102.850 3,195.056
201706 4,060.019 102.610 4,702.504
201709 3,667.218 103.490 4,211.425
201712 3,470.212 102.990 4,004.532
201803 4,463.626 104.100 5,095.982
201806 6,299.133 104.130 7,189.450
201809 4,847.537 105.650 5,453.087
201812 6,390.495 104.350 7,278.348
201903 4,543.231 104.490 5,167.505
201906 6,026.619 104.880 6,829.232
201909 4,889.121 105.200 5,523.392
201912 6,031.015 105.120 6,818.610
202003 4,292.190 105.540 4,833.399
202006 5,628.218 104.870 6,378.381
202009 4,723.806 106.200 5,286.379
202012 5,706.326 105.765 6,412.151
202103 4,289.060 107.357 4,748.120
202106 556.743 107.579 615.063
202109 574.196 108.759 627.458
202112 733.518 109.676 794.856
202203 505.481 111.806 537.318
202206 7,150.961 114.083 7,449.635
202209 6,933.681 114.831 7,176.197
202212 7,584.084 115.200 7,824.213
202303 6,875.095 116.550 7,010.657
202306 8,536.043 117.140 8,660.491
202309 7,440.531 119.111 7,424.071
202312 8,186.198 118.848 8,186.198
202403 7,025.856 118.848 7,025.856

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.


Asia Cement Co  (XKRX:183190) 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.


Asia Cement Co Cyclically Adjusted PS Ratio Related Terms

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


Asia Cement Co (XKRX:183190) Business Description

Traded in Other Exchanges
N/A
Address
726 Yeoksam-dong, Gangnam-gu, Seoul, KOR
Asia Cement Co Ltd engages in the manufacture and distribution of cement, semi-finished cement, cement products, ready-mixed concrete and related material. Its business also covers quarrying, non-metallic mineral products, the whole and retail sale of building materials, international trading, tally, and packing. It offers Portland cement, Asia mortar, and customized cement products.

Asia Cement Co (XKRX:183190) Headlines

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