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Vontron Technology Co (SZSE:000920) Cyclically Adjusted PS Ratio : 2.62 (As of May. 21, 2024)


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What is Vontron Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Vontron Technology Co's current share price is ¥8.50. Vontron Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.24. Vontron Technology Co's Cyclically Adjusted PS Ratio for today is 2.62.

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

SZSE:000920' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.55   Max: 8.93
Current: 2.69

During the past years, Vontron Technology Co's highest Cyclically Adjusted PS Ratio was 8.93. The lowest was 1.27. And the median was 2.55.

SZSE:000920's Cyclically Adjusted PS Ratio is ranked worse than
80.35% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs SZSE:000920: 2.69

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.

Vontron Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.709. 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 ¥3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vontron Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vontron Technology 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.

Vontron Technology Co Cyclically Adjusted PS Ratio Chart

Vontron Technology 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 1.63 1.84 3.02 2.55 3.04

Vontron Technology 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 2.63 2.95 2.62 3.04 2.55

Competitive Comparison of Vontron Technology Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Vontron Technology 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.


Vontron Technology Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vontron Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vontron Technology 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.

Vontron Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.50/3.24
=2.62

* 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.

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

For example, Vontron Technology 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)
=0.709/115.2271*115.2271
=0.709

Current CPI (Mar. 2024) = 115.2271.

Vontron Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.279 98.200 1.501
201409 1.332 98.900 1.552
201412 1.267 99.000 1.475
201503 0.500 99.900 0.577
201506 0.520 99.500 0.602
201509 0.550 100.500 0.631
201512 0.566 100.600 0.648
201603 0.564 102.200 0.636
201606 0.623 101.400 0.708
201609 0.570 102.400 0.641
201612 0.587 102.600 0.659
201703 0.588 103.200 0.657
201706 0.674 103.100 0.753
201709 0.607 104.100 0.672
201712 0.694 104.500 0.765
201803 0.503 105.300 0.550
201806 0.690 104.900 0.758
201809 0.537 106.600 0.580
201812 0.911 106.500 0.986
201903 0.543 107.700 0.581
201906 0.581 107.700 0.622
201909 0.658 109.800 0.691
201912 0.931 111.200 0.965
202003 0.364 112.300 0.373
202006 0.720 110.400 0.751
202009 0.860 111.700 0.887
202012 1.010 111.500 1.044
202103 0.748 112.662 0.765
202106 0.875 111.769 0.902
202109 0.881 112.215 0.905
202112 0.794 113.108 0.809
202203 0.742 114.335 0.748
202206 0.740 114.558 0.744
202209 0.777 115.339 0.776
202212 1.157 115.116 1.158
202303 0.690 115.116 0.691
202306 0.766 114.558 0.770
202309 1.018 115.339 1.017
202312 1.151 114.781 1.155
202403 0.709 115.227 0.709

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.


Vontron Technology Co  (SZSE:000920) 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.


Vontron Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Vontron Technology Co (SZSE:000920) Business Description

Traded in Other Exchanges
N/A
Address
No. 1518, Liyang Avenue, Guiyang National High-tech Industrial Development Zone, Guizhou Province, Guiyang, CHN, 550017
Vontron Technology Co Ltd formerly South Huiton Co Ltd is engaged in the production and distribution of freight cars and their spare parts, palm fiber materials, and electronic components in China.

Vontron Technology Co (SZSE:000920) Headlines

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