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Adama (SZSE:200553) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 05, 2024)


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What is Adama Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Adama's current share price is HK$2.00. Adama's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$4.65. Adama's Cyclically Adjusted PS Ratio for today is 0.43.

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

SZSE:200553' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.38   Max: 4.62
Current: 0.43

During the past years, Adama's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 0.42. And the median was 1.38.

SZSE:200553's Cyclically Adjusted PS Ratio is ranked better than
78.06% of 196 companies
in the Agriculture industry
Industry Median: 1.03 vs SZSE:200553: 0.43

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.

Adama's adjusted revenue per share data for the three months ended in Mar. 2024 was HK$3.512. 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 HK$4.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adama Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adama'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.

Adama Cyclically Adjusted PS Ratio Chart

Adama 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 1.07 0.77 0.74 0.71 0.52

Adama 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 0.71 0.65 0.59 0.52 0.43

Competitive Comparison of Adama's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Adama'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.


Adama's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

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

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



Adama 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.

Adama's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.00/4.65
=0.43

* 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.

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

For example, Adama'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)
=3.512/115.2271*115.2271
=3.512

Current CPI (Mar. 2024) = 115.2271.

Adama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.882 98.200 2.208
201409 1.843 98.900 2.147
201412 1.190 99.000 1.385
201503 1.162 99.900 1.340
201506 1.430 99.500 1.656
201509 1.145 100.500 1.313
201512 0.762 100.600 0.873
201603 0.961 102.200 1.083
201606 1.047 101.400 1.190
201609 3.835 102.400 4.315
201612 9.371 102.600 10.524
201703 12.036 103.200 13.439
201706 12.398 103.100 13.856
201709 2.855 104.100 3.160
201712 2.744 104.500 3.026
201803 3.429 105.300 3.752
201806 3.438 104.900 3.776
201809 2.938 106.600 3.176
201812 3.215 106.500 3.478
201903 3.247 107.700 3.474
201906 3.149 107.700 3.369
201909 3.000 109.800 3.148
201912 2.964 111.200 3.071
202003 3.143 112.300 3.225
202006 2.942 110.400 3.071
202009 3.246 111.700 3.348
202012 4.187 111.500 4.327
202103 3.687 112.662 3.771
202106 4.204 111.769 4.334
202109 3.852 112.215 3.955
202112 5.025 113.108 5.119
202203 4.783 114.335 4.820
202206 4.779 114.558 4.807
202209 4.580 115.339 4.576
202212 4.355 115.116 4.359
202303 4.240 115.116 4.244
202306 3.736 114.558 3.758
202309 3.701 115.339 3.697
202312 3.829 114.781 3.844
202403 3.512 115.227 3.512

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.


Adama  (SZSE:200553) 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.


Adama Cyclically Adjusted PS Ratio Related Terms

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


Adama (SZSE:200553) Business Description

Industry
Traded in Other Exchanges
Address
No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001
Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.
Executives
Liu Jun Supervisors

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