GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Youngy Co Ltd (SZSE:002192) » Definitions » Cyclically Adjusted PS Ratio

Youngy Co (SZSE:002192) Cyclically Adjusted PS Ratio : 10.90 (As of Jun. 06, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Youngy Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Youngy Co's current share price is ¥33.14. Youngy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.04. Youngy Co's Cyclically Adjusted PS Ratio for today is 10.90.

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

SZSE:002192' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.97   Med: 7.87   Max: 60.17
Current: 11.26

During the past years, Youngy Co's highest Cyclically Adjusted PS Ratio was 60.17. The lowest was 2.97. And the median was 7.87.

SZSE:002192's Cyclically Adjusted PS Ratio is ranked worse than
96.53% of 1210 companies
in the Chemicals industry
Industry Median: 1.22 vs SZSE:002192: 11.26

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.

Youngy Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.317. 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 ¥3.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Youngy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Youngy 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.

Youngy Co Cyclically Adjusted PS Ratio Chart

Youngy 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 6.00 11.56 43.74 31.89 17.70

Youngy 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 24.70 21.59 17.71 17.70 12.72

Competitive Comparison of Youngy Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Youngy 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.


Youngy Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Youngy Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Youngy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.14/3.04
=10.90

* 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.

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

For example, Youngy 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)
=0.317/115.2271*115.2271
=0.317

Current CPI (Mar. 2024) = 115.2271.

Youngy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.644 98.200 1.929
201409 0.383 98.900 0.446
201412 0.209 99.000 0.243
201503 0.181 99.900 0.209
201506 0.064 99.500 0.074
201509 0.278 100.500 0.319
201512 0.478 100.600 0.548
201603 0.146 102.200 0.165
201606 0.191 101.400 0.217
201609 0.270 102.400 0.304
201612 0.322 102.600 0.362
201703 0.189 103.200 0.211
201706 0.172 103.100 0.192
201709 0.290 104.100 0.321
201712 0.419 104.500 0.462
201803 0.123 105.300 0.135
201806 0.609 104.900 0.669
201809 0.276 106.600 0.298
201812 0.469 106.500 0.507
201903 0.119 107.700 0.127
201906 0.412 107.700 0.441
201909 0.215 109.800 0.226
201912 0.294 111.200 0.305
202003 0.116 112.300 0.119
202006 0.353 110.400 0.368
202009 0.263 111.700 0.271
202012 0.765 111.500 0.791
202103 0.416 112.662 0.425
202106 0.876 111.769 0.903
202109 0.809 112.215 0.831
202112 1.446 113.108 1.473
202203 1.841 114.335 1.855
202206 1.960 114.558 1.971
202209 2.678 115.339 2.675
202212 5.046 115.116 5.051
202303 0.746 115.116 0.747
202306 1.701 114.558 1.711
202309 0.782 115.339 0.781
202312 1.435 114.781 1.441
202403 0.317 115.227 0.317

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.


Youngy Co  (SZSE:002192) 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.


Youngy Co Cyclically Adjusted PS Ratio Related Terms

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


Youngy Co (SZSE:002192) Business Description

Traded in Other Exchanges
N/A
Address
Guangzhou Zhujiang Road, Main Tower, 45th floor, unit 04-05, 5th Guangzhou International Finance Center, Tianhe District, Guangzhou, CHN, 510635
Youngy Co Ltd is engaged in the production and sale of asphalt products. The company is also involved in the lithium production business. Its main products include Lithium concentrate, Industrial grade lithium carbonate, Battery grade lithium carbonate, Lithium hydroxide monohydrate. Its products used in chemical, metallurgy, petroleum, glass, ceramic industry.
Executives
Lv Xiang Yang Executives, directors
Ke Rong Qing Directors, executives
Zheng Guo Hua Director
Wang Gang Supervisors
Lin Wei Hai Executives
Lou Chun Guo Executives
Huang Hui Ling Supervisors
Huang Pei Rong Supervisors
Yuan Quan Director
Yang Zhen Directors, executives

Youngy Co (SZSE:002192) Headlines

No Headlines