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Beijing Dahao Technology (SHSE:603025) Cyclically Adjusted PS Ratio : 12.58 (As of Jun. 08, 2024)


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What is Beijing Dahao Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Beijing Dahao Technology's current share price is ¥13.96. Beijing Dahao Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥1.11. Beijing Dahao Technology's Cyclically Adjusted PS Ratio for today is 12.58.

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

SHSE:603025' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.33   Med: 12.17   Max: 13.82
Current: 12.95

During the past years, Beijing Dahao Technology's highest Cyclically Adjusted PS Ratio was 13.82. The lowest was 8.33. And the median was 12.17.

SHSE:603025's Cyclically Adjusted PS Ratio is ranked worse than
98.18% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs SHSE:603025: 12.95

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.

Beijing Dahao Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.563. 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 ¥1.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Dahao Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Dahao 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.

* Premium members only.

Beijing Dahao Technology Cyclically Adjusted PS Ratio Chart

Beijing Dahao Technology 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 - - - - 12.31

Beijing Dahao Technology 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 13.44 12.10 12.35 12.31 9.57

Competitive Comparison of Beijing Dahao Technology's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Beijing Dahao 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.


Beijing Dahao Technology's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dahao Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Beijing Dahao 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.

Beijing Dahao Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.96/1.11
=12.58

* 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.

Beijing Dahao Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Beijing Dahao Technology'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)
=0.563/115.2271*115.2271
=0.563

Current CPI (Mar. 2024) = 115.2271.

Beijing Dahao Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.189 98.200 0.222
201409 0.161 98.900 0.188
201412 0.133 99.000 0.155
201503 0.177 99.900 0.204
201506 0.178 99.500 0.206
201509 0.123 100.500 0.141
201512 0.119 100.600 0.136
201603 0.159 102.200 0.179
201606 0.162 101.400 0.184
201609 0.134 102.400 0.151
201612 0.173 102.600 0.194
201703 0.187 103.200 0.209
201706 0.252 103.100 0.282
201709 0.260 104.100 0.288
201712 0.288 104.500 0.318
201803 0.278 105.300 0.304
201806 0.314 104.900 0.345
201809 0.209 106.600 0.226
201812 0.188 106.500 0.203
201903 0.223 107.700 0.239
201906 0.276 107.700 0.295
201909 0.186 109.800 0.195
201912 0.211 111.200 0.219
202003 0.194 112.300 0.199
202006 0.138 110.400 0.144
202009 0.183 111.700 0.189
202012 0.225 111.500 0.233
202103 0.321 112.662 0.328
202106 0.454 111.769 0.468
202109 0.312 112.215 0.320
202112 0.291 113.108 0.296
202203 0.375 114.335 0.378
202206 0.303 114.558 0.305
202209 0.357 115.339 0.357
202212 0.399 115.116 0.399
202303 0.410 115.116 0.410
202306 0.413 114.558 0.415
202309 0.437 115.339 0.437
202312 0.608 114.781 0.610
202403 0.563 115.227 0.563

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.


Beijing Dahao Technology  (SHSE:603025) 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.


Beijing Dahao Technology Cyclically Adjusted PS Ratio Related Terms

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


Beijing Dahao Technology (SHSE:603025) Business Description

Traded in Other Exchanges
N/A
Address
M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.
Executives
Wu Hai Hong Director
Zhao Yu Ling Director
Sun Xue Li Director
Tan Qing Director
Zheng Jian Jun Director

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