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Polaris Bay Group Co (SHSE:600155) Cyclically Adjusted PS Ratio : (As of Oct. 31, 2024)


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What is Polaris Bay Group Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Bay Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polaris Bay Group 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.

Polaris Bay Group Co Cyclically Adjusted PS Ratio Chart

Polaris Bay Group 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 13.15 10.78 8.72 5.01 5.87

Polaris Bay Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.81 5.87 5.01 4.18 -

Competitive Comparison of Polaris Bay Group Co's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Polaris Bay Group 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.


Polaris Bay Group Co's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Polaris Bay Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Polaris Bay Group 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.

Polaris Bay Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Polaris Bay Group Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.414/115.7848*115.7848
=0.414

Current CPI (Sep. 2024) = 115.7848.

Polaris Bay Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.331 99.000 0.387
201503 0.126 99.900 0.146
201506 0.212 99.500 0.247
201509 0.161 100.500 0.185
201512 0.219 100.600 0.252
201603 0.131 102.200 0.148
201606 0.210 101.400 0.240
201609 0.621 102.400 0.702
201612 1.016 102.600 1.147
201703 0.260 103.200 0.292
201706 0.335 103.100 0.376
201709 0.336 104.100 0.374
201712 0.452 104.500 0.501
201803 0.265 105.300 0.291
201806 0.243 104.900 0.268
201809 0.264 106.600 0.287
201812 0.383 106.500 0.416
201903 0.247 107.700 0.266
201906 0.405 107.700 0.435
201909 0.369 109.800 0.389
201912 0.344 111.200 0.358
202003 0.404 112.300 0.417
202006 0.427 110.400 0.448
202009 0.526 111.700 0.545
202012 0.576 111.500 0.598
202103 0.346 112.662 0.356
202106 0.661 111.769 0.685
202109 0.530 112.215 0.547
202112 0.679 113.108 0.695
202203 0.354 114.335 0.358
202206 0.316 114.558 0.319
202209 0.379 115.339 0.380
202212 0.433 115.116 0.436
202303 0.337 115.116 0.339
202306 0.347 114.558 0.351
202309 0.263 115.339 0.264
202312 0.418 114.781 0.422
202403 0.332 115.227 0.334
202406 0.303 114.781 0.306
202409 0.414 115.785 0.414

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.


Polaris Bay Group Co  (SHSE:600155) 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.


Polaris Bay Group Co Cyclically Adjusted PS Ratio Related Terms

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Polaris Bay Group Co Business Description

Traded in Other Exchanges
N/A
Address
Jinshifang Street, 5th Floor, Building 26, Xicheng, Beijing, CHN, 100033
Polaris Bay Group Co Ltd is engaged in the Securities business and plastic pipe profile business.
Executives
Liu Hong Jun Supervisors

Polaris Bay Group Co Headlines

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