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Shaanxi Baoguang Vacuum Electronic Apparatus Co (SHSE:600379) Cyclically Adjusted PS Ratio : 2.74 (As of Jun. 09, 2024)


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What is Shaanxi Baoguang Vacuum Electronic Apparatus Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Shaanxi Baoguang Vacuum Electronic Apparatus Co's current share price is ¥8.31. Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.03. Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio for today is 2.74.

The historical rank and industry rank for Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600379' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.72   Max: 10.4
Current: 2.74

During the past years, Shaanxi Baoguang Vacuum Electronic Apparatus Co's highest Cyclically Adjusted PS Ratio was 10.40. The lowest was 1.87. And the median was 3.72.

SHSE:600379's Cyclically Adjusted PS Ratio is ranked worse than
75.3% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs SHSE:600379: 2.74

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.

Shaanxi Baoguang Vacuum Electronic Apparatus Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.215. 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 ¥3.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shaanxi Baoguang Vacuum Electronic Apparatus Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shaanxi Baoguang Vacuum Electronic Apparatus 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.

Shaanxi Baoguang Vacuum Electronic Apparatus Co Cyclically Adjusted PS Ratio Chart

Shaanxi Baoguang Vacuum Electronic Apparatus 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 2.33 2.43 6.18 4.39 3.42

Shaanxi Baoguang Vacuum Electronic Apparatus 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 3.99 3.56 3.28 3.42 2.87

Competitive Comparison of Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Shaanxi Baoguang Vacuum Electronic Apparatus 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.


Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio falls into.



Shaanxi Baoguang Vacuum Electronic Apparatus 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.

Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.31/3.03
=2.74

* 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.

Shaanxi Baoguang Vacuum Electronic Apparatus Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shaanxi Baoguang Vacuum Electronic Apparatus 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)
=1.215/115.2271*115.2271
=1.215

Current CPI (Mar. 2024) = 115.2271.

Shaanxi Baoguang Vacuum Electronic Apparatus Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.498 98.200 0.584
201409 0.491 98.900 0.572
201412 0.438 99.000 0.510
201503 0.342 99.900 0.394
201506 0.468 99.500 0.542
201509 0.486 100.500 0.557
201512 0.547 100.600 0.627
201603 0.438 102.200 0.494
201606 0.633 101.400 0.719
201609 0.544 102.400 0.612
201612 0.492 102.600 0.553
201703 0.445 103.200 0.497
201706 0.727 103.100 0.813
201709 0.647 104.100 0.716
201712 0.576 104.500 0.635
201803 0.497 105.300 0.544
201806 0.701 104.900 0.770
201809 0.788 106.600 0.852
201812 0.805 106.500 0.871
201903 0.611 107.700 0.654
201906 0.991 107.700 1.060
201909 0.753 109.800 0.790
201912 0.882 111.200 0.914
202003 0.512 112.300 0.525
202006 0.690 110.400 0.720
202009 0.655 111.700 0.676
202012 0.877 111.500 0.906
202103 0.625 112.662 0.639
202106 0.930 111.769 0.959
202109 0.915 112.215 0.940
202112 0.588 113.108 0.599
202203 0.814 114.335 0.820
202206 1.014 114.558 1.020
202209 0.892 115.339 0.891
202212 1.001 115.116 1.002
202303 1.090 115.116 1.091
202306 1.283 114.558 1.290
202309 1.097 115.339 1.096
202312 0.617 114.781 0.619
202403 1.215 115.227 1.215

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.


Shaanxi Baoguang Vacuum Electronic Apparatus Co  (SHSE:600379) 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.


Shaanxi Baoguang Vacuum Electronic Apparatus Co Cyclically Adjusted PS Ratio Related Terms

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Shaanxi Baoguang Vacuum Electronic Apparatus Co (SHSE:600379) Business Description

Traded in Other Exchanges
N/A
Address
No. 53 Baoguang Road, Baoji, Shanxi, CHN, 721006
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd is engaged in the business of electrical machinery and equipment manufacturing.
Executives
Zhang Jun senior management
Yuan Rui Tao senior management

Shaanxi Baoguang Vacuum Electronic Apparatus Co (SHSE:600379) Headlines

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