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Aerospace CH UAV Co (SZSE:002389) Cyclically Adjusted PS Ratio : 5.69 (As of May. 24, 2024)


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What is Aerospace CH UAV Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Aerospace CH UAV Co's current share price is ¥15.70. Aerospace CH UAV Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.76. Aerospace CH UAV Co's Cyclically Adjusted PS Ratio for today is 5.69.

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

SZSE:002389' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.67   Med: 8.81   Max: 17.12
Current: 5.71

During the past years, Aerospace CH UAV Co's highest Cyclically Adjusted PS Ratio was 17.12. The lowest was 4.67. And the median was 8.81.

SZSE:002389's Cyclically Adjusted PS Ratio is ranked worse than
82.71% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.55 vs SZSE:002389: 5.71

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.

Aerospace CH UAV Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.473. 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 ¥2.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aerospace CH UAV Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aerospace CH UAV 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.

Aerospace CH UAV Co Cyclically Adjusted PS Ratio Chart

Aerospace CH UAV 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 6.25 16.49 12.61 8.10 6.79

Aerospace CH UAV 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 8.82 8.56 7.45 6.79 6.06

Competitive Comparison of Aerospace CH UAV Co's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Aerospace CH UAV 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.


Aerospace CH UAV Co's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace CH UAV Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aerospace CH UAV 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.

Aerospace CH UAV Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.70/2.76
=5.69

* 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.

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

For example, Aerospace CH UAV 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)
=0.473/115.2271*115.2271
=0.473

Current CPI (Mar. 2024) = 115.2271.

Aerospace CH UAV Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.254 98.200 0.298
201409 0.380 98.900 0.443
201412 0.367 99.000 0.427
201503 0.266 99.900 0.307
201506 0.523 99.500 0.606
201509 0.392 100.500 0.449
201512 0.347 100.600 0.397
201603 0.324 102.200 0.365
201606 0.423 101.400 0.481
201609 0.492 102.400 0.554
201612 -0.920 102.600 -1.033
201703 0.139 103.200 0.155
201706 0.280 103.100 0.313
201709 0.666 104.100 0.737
201712 1.765 104.500 1.946
201803 0.328 105.300 0.359
201806 0.484 104.900 0.532
201809 0.642 106.600 0.694
201812 1.275 106.500 1.379
201903 0.886 107.700 0.948
201906 0.463 107.700 0.495
201909 0.582 109.800 0.611
201912 1.785 111.200 1.850
202003 0.806 112.300 0.827
202006 0.448 110.400 0.468
202009 0.868 111.700 0.895
202012 1.348 111.500 1.393
202103 0.521 112.662 0.533
202106 0.685 111.769 0.706
202109 0.565 112.215 0.580
202112 1.323 113.108 1.348
202203 0.626 114.335 0.631
202206 0.813 114.558 0.818
202209 0.719 115.339 0.718
202212 1.774 115.116 1.776
202303 0.546 115.116 0.547
202306 0.550 114.558 0.553
202309 0.599 115.339 0.598
202312 1.444 114.781 1.450
202403 0.473 115.227 0.473

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.


Aerospace CH UAV Co  (SZSE:002389) 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.


Aerospace CH UAV Co Cyclically Adjusted PS Ratio Related Terms

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


Aerospace CH UAV Co (SZSE:002389) Business Description

Traded in Other Exchanges
N/A
Address
388 Boulevard Development Zone, Taizhou, CHN, 318000
Aerospace CH UAV Co Ltd is engaged in the development, design, production, maintenance and sales of aviation, spacecraft and equipment, film for capacitors, optical grade polyester film, solar battery back film, packaging film, capacitor manufacturing, sales, aviation, spacecraft and equipment technical consulting services, equipment leasing, computer software design, research and development, installation, commissioning and technical services.

Aerospace CH UAV Co (SZSE:002389) Headlines

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