GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing SDL Technology Co Ltd (SZSE:002658) » Definitions » Cyclically Adjusted PS Ratio

Beijing SDL Technology Co (SZSE:002658) Cyclically Adjusted PS Ratio : 2.91 (As of May. 14, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Beijing SDL Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Beijing SDL Technology Co's current share price is ¥6.19. Beijing SDL Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.13. Beijing SDL Technology Co's Cyclically Adjusted PS Ratio for today is 2.91.

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

SZSE:002658' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.72   Med: 4.03   Max: 6.74
Current: 2.95

During the past years, Beijing SDL Technology Co's highest Cyclically Adjusted PS Ratio was 6.74. The lowest was 2.72. And the median was 4.03.

SZSE:002658's Cyclically Adjusted PS Ratio is ranked worse than
78.93% of 1917 companies
in the Hardware industry
Industry Median: 1.06 vs SZSE:002658: 2.95

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 SDL Technology Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.361. 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 ¥2.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing SDL Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing SDL 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.

Beijing SDL Technology Co Cyclically Adjusted PS Ratio Chart

Beijing SDL 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 - 3.69 4.58 4.10 3.81

Beijing SDL 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 4.13 3.99 3.71 3.81 3.35

Competitive Comparison of Beijing SDL Technology Co's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Beijing SDL 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.


Beijing SDL Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing SDL Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Beijing SDL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.19/2.13
=2.91

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

For example, Beijing SDL 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)
=0.361/114.6694*114.6694
=0.361

Current CPI (Mar. 2024) = 114.6694.

Beijing SDL Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.298 98.200 0.348
201409 0.358 98.900 0.415
201412 0.425 99.000 0.492
201503 0.269 99.900 0.309
201506 0.337 99.500 0.388
201509 0.436 100.500 0.497
201512 0.603 100.600 0.687
201603 0.236 102.200 0.265
201606 0.328 101.400 0.371
201609 0.400 102.400 0.448
201612 0.741 102.600 0.828
201703 0.250 103.200 0.278
201706 0.434 103.100 0.483
201709 0.460 104.100 0.507
201712 0.791 104.500 0.868
201803 0.276 105.300 0.301
201806 0.486 104.900 0.531
201809 0.627 106.600 0.674
201812 0.774 106.500 0.833
201903 0.520 107.700 0.554
201906 0.514 107.700 0.547
201909 0.526 109.800 0.549
201912 0.483 111.200 0.498
202003 0.195 112.300 0.199
202006 0.553 110.400 0.574
202009 0.520 111.700 0.534
202012 0.948 111.500 0.975
202103 0.414 112.662 0.421
202106 0.502 111.769 0.515
202109 0.511 112.215 0.522
202112 0.798 113.108 0.809
202203 0.483 114.335 0.484
202206 0.585 114.558 0.586
202209 0.549 115.339 0.546
202212 0.720 115.116 0.717
202303 0.422 115.116 0.420
202306 0.608 114.558 0.609
202309 0.465 115.339 0.462
202312 0.932 114.669 0.932
202403 0.361 114.669 0.361

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 SDL Technology Co  (SZSE:002658) 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 SDL Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.

Beijing SDL Technology Co (SZSE:002658) Headlines

No Headlines