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Vianet Group (LSE:VNET) Cyclically Adjusted PS Ratio : 1.79 (As of Jun. 05, 2024)


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What is Vianet Group Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Vianet Group's current share price is £1.09. Vianet Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.61. Vianet Group's Cyclically Adjusted PS Ratio for today is 1.79.

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

LSE:VNET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.38   Max: 2.31
Current: 1.8

During the past 13 years, Vianet Group's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.49. And the median was 1.38.

LSE:VNET's Cyclically Adjusted PS Ratio is ranked worse than
70.19% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs LSE:VNET: 1.80

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.

Vianet Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.489. 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 £0.61 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vianet Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vianet Group'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.

Vianet Group Cyclically Adjusted PS Ratio Chart

Vianet Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.07 1.45 1.44 1.20

Vianet Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.44 - 1.20 -

Competitive Comparison of Vianet Group's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Vianet Group'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.


Vianet Group's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vianet Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vianet Group 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.

Vianet Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/0.61
=1.79

* 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.

Vianet Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Vianet Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.489/126.8000*126.8000
=0.489

Current CPI (Mar23) = 126.8000.

Vianet Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.678 99.300 0.866
201503 0.531 99.600 0.676
201603 0.523 100.400 0.661
201703 0.520 102.700 0.642
201803 0.526 105.100 0.635
201903 0.557 107.000 0.660
202003 0.567 108.600 0.662
202103 0.289 109.700 0.334
202203 0.446 116.500 0.485
202303 0.489 126.800 0.489

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.


Vianet Group  (LSE:VNET) 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.


Vianet Group Cyclically Adjusted PS Ratio Related Terms

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


Vianet Group (LSE:VNET) Business Description

Traded in Other Exchanges
N/A
Address
One Surtees Way, Surtees Business Park, Stockton on Tees, GBR, TS18 3HR
Vianet Group PLC is a provider of actionable management information and business insight created by combining data from the smart Internet of Things solutions and external information sources. Smart Zones include Data insight and actionable data services as well as design, product development, sale and rental of fluid monitoring equipment. The business of the group is divided into two divisions: Smart Machines and Smart Zones. It generates maximum revenue from the Smart Zones segment. Geographically, it derives maximum of the revenue from the United Kingdom and has a presence in the Rest of Europe and the United States/Canada.

Vianet Group (LSE:VNET) Headlines

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