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UE Furniture Co (SHSE:603600) Cyclically Adjusted PS Ratio : 1.14 (As of May. 29, 2024)


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What is UE Furniture Co Cyclically Adjusted PS Ratio?

As of today (2024-05-29), UE Furniture Co's current share price is ¥11.07. UE Furniture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥9.70. UE Furniture Co's Cyclically Adjusted PS Ratio for today is 1.14.

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

SHSE:603600' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.05   Max: 1.34
Current: 1.14

During the past years, UE Furniture Co's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.97. And the median was 1.05.

SHSE:603600's Cyclically Adjusted PS Ratio is ranked worse than
59.37% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs SHSE:603600: 1.14

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.

UE Furniture Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥2.609. 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 ¥9.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UE Furniture Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UE Furniture 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.

UE Furniture Co Cyclically Adjusted PS Ratio Chart

UE Furniture 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 - - - - 1.16

UE Furniture 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 1.16 1.02 1.04 1.16 1.23

Competitive Comparison of UE Furniture Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.


UE Furniture Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, UE Furniture Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where UE Furniture Co's Cyclically Adjusted PS Ratio falls into.



UE Furniture 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.

UE Furniture Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.07/9.7
=1.14

* 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.

UE Furniture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, UE Furniture 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)
=2.609/115.2271*115.2271
=2.609

Current CPI (Mar. 2024) = 115.2271.

UE Furniture Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.285 98.200 1.508
201409 1.283 98.900 1.495
201412 1.460 99.000 1.699
201503 1.111 99.900 1.281
201506 1.268 99.500 1.468
201509 1.158 100.500 1.328
201512 1.140 100.600 1.306
201603 1.122 102.200 1.265
201606 1.359 101.400 1.544
201609 1.534 102.400 1.726
201612 1.630 102.600 1.831
201703 1.445 103.200 1.613
201706 1.742 103.100 1.947
201709 1.866 104.100 2.065
201712 2.295 104.500 2.531
201803 1.878 105.300 2.055
201806 2.290 104.900 2.515
201809 2.027 106.600 2.191
201812 2.144 106.500 2.320
201903 1.791 107.700 1.916
201906 1.963 107.700 2.100
201909 2.054 109.800 2.156
201912 2.166 111.200 2.244
202003 1.497 112.300 1.536
202006 2.525 110.400 2.635
202009 3.669 111.700 3.785
202012 3.619 111.500 3.740
202103 3.512 112.662 3.592
202106 4.515 111.769 4.655
202109 3.400 112.215 3.491
202112 4.015 113.108 4.090
202203 3.414 114.335 3.441
202206 3.867 114.558 3.890
202209 3.330 115.339 3.327
202212 2.814 115.116 2.817
202303 2.290 115.116 2.292
202306 2.801 114.558 2.817
202309 2.942 115.339 2.939
202312 3.219 114.781 3.232
202403 2.609 115.227 2.609

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.


UE Furniture Co  (SHSE:603600) 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.


UE Furniture Co Cyclically Adjusted PS Ratio Related Terms

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


UE Furniture Co (SHSE:603600) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
Executives
Ruan Zheng Fu Director
Lv Cheng senior management
Chen Xi senior management
Gu Qin Hang senior management
Zhang Jia Yong Director
He Feng Director

UE Furniture Co (SHSE:603600) Headlines

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