Ionix Technology (Ionix Technology) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)

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What is Ionix Technology Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Ionix Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ionix Technology'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.

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Ionix Technology Cyclically Adjusted PS Ratio Chart

Ionix Technology Annual Data

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Cyclically Adjusted PS Ratio

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Ionix Technology Quarterly Data
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Competitive Comparison of Ionix Technology's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Ionix Technology'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.

Ionix Technology's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ionix Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Ionix Technology 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.

Ionix Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Ionix Technology's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Mar. 2022 (Change)	*	Current CPI (Mar. 2022)
	=	0.015	/	114.3347	*	114.3347
	=	0.015

Current CPI (Mar. 2022) = 114.3347.

Ionix Technology Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201206	0.000	93.495	0.000
201209	0.000	94.482	0.000
201212	0.000	95.237	0.000
201303	0.000	96.372	0.000
201306	0.000	95.984	0.000
201309	0.000	97.332	0.000
201312	0.000	97.624	0.000
201403	0.000	98.600	0.000
201406	0.000	98.200	0.000
201409	0.000	98.900	0.000
201412	0.000	99.000	0.000
201503	0.000	99.900	0.000
201506	0.000	99.500	0.000
201509	0.000	100.500	0.000
201512	0.000	100.600	0.000
201603	0.000	102.200	0.000
201606	0.000	101.400	0.000
201609	0.000	102.400	0.000
201612	0.021	102.600	0.023
201703	0.020	103.200	0.022
201706	0.027	103.100	0.030
201709	0.004	104.100	0.004
201712	0.008	104.500	0.009
201803	0.011	105.300	0.012
201806	0.043	104.900	0.047
201809	0.026	106.600	0.028
201812	0.024	106.500	0.026
201903	0.025	107.700	0.027
201906	0.040	107.700	0.042
201909	0.066	109.800	0.069
201912	0.064	111.200	0.066
202003	0.024	112.300	0.024
202006	0.026	110.400	0.027
202009	0.026	111.700	0.027
202012	0.023	111.500	0.024
202103	0.020	112.662	0.020
202106	0.035	111.769	0.036
202109	0.033	112.215	0.034
202112	0.028	113.108	0.028
202203	0.015	114.335	0.015

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.

Ionix Technology (OTCPK:IINX) 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.

Ionix Technology Cyclically Adjusted PS Ratio Related Terms

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Ionix Technology (Ionix Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ionix Technology Inc (OTCPK:IINX) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 50 People Road, Room 608. Block B, Times Square, Zhongshan District, Liaoning Province, Dalian, CHN, 116001

Website

http://www.iinx-tech.com

Ionix Technology Inc in association with its subsidiaries, designs, develops and sells lithium batteries. These batteries are used in consumer electronic devices such as computers and mobile devices, electric vehicles, and storage applications. Its segments include SmartEnergy, Photoelectric Display, Smart energy and Service Contracts, of which the majority of the revenue comes from the Photoelectric Display segment which derives its revenue from the sales of LCM(Liquid Crystal Module) and LCD(Liquid Crystal Display) screens manufactured for small devices such as video capable baby monitors, and electronic devices. All of its revenues come from China.

Executives

Yanli Wang	director	NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Xiaolin Wei	director	NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yongping Wang	director	NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yang Yan	officer: President and Treasurer	NO. 50 PEOPLE ROAD, RM 608, BLOCK B, TIMES SQUARE, DALIAN CITY F4 116001
Yubao Liu	director, 10 percent owner	NO.122, ZU 9, HONGGUANG COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG F4 154000
Shuyu Li	officer: President, Treasurer	ROOM 608, BLOCK B,NO.50 RENMIN ROAD,, ZHONGSHAN DISTRICT, DALIAN F4 116001
Long Xie	officer: Secretary of the Company	NO.33,1-502 ROOM,HAIWAN STREET,, SHAHEKOU DISTRICT, DALIAN F4 116023
Zhenyu Wang	director	NO.9#22 GONGJIAN COMMUNITY,, QIANJIN DISTRICT,, JIAMUSI CITY,HEILONGJIANG PROV F4 154000
Cheng Li	director	NO.49, GROUP 3, YUCAI COMMUNITY, XIANGYANG DISTRICT, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Hui Zhang	director	NO.88, 501,NANHE ST, SHAHEKOU DISTRICT, DALIAN CITY, LIAONING PROVINCE F4 116000
Qinghua Shi	director	NO.43, 6-4-1, ANSHAN ROAD, XIGANG DISTRICT, DALIAN, LIAONING PROVINCE F4 116000
Anthony Vincent Saviano	director	30 N. GOULD ST., STE R.,, SHERIDAN, WY 82801
Yongsheng Fu	director	NO.97, GROUP 10, YONGTAI COMMUNITY, XIANGYANG DISTRICT,, JIAMUSI, HEILONGJIANG PROVINCE F4 154000
Jialin Liang	director	NO.777 HAIAN ROAD, JILIN PROVINCE, CHANGCHUN CITY F4 130000
Bailiang Yang	director, officer: Chairman of the Board of Dir.	NO. 279, ZHONGNAN RD, ZHONGSHAN DIST., DALIAN, LIAONING F4 116015