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Gifore Agricultural Science & Technology Service Co (SZSE:300022) Cyclically Adjusted PS Ratio : 0.48 (As of May. 26, 2024)


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What is Gifore Agricultural Science & Technology Service Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Gifore Agricultural Science & Technology Service Co's current share price is ¥4.04. Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥8.48. Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio for today is 0.48.

The historical rank and industry rank for Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:300022' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.41   Max: 0.6
Current: 0.48

During the past years, Gifore Agricultural Science & Technology Service Co's highest Cyclically Adjusted PS Ratio was 0.60. The lowest was 0.25. And the median was 0.41.

SZSE:300022's Cyclically Adjusted PS Ratio is ranked better than
73.68% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs SZSE:300022: 0.48

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.

Gifore Agricultural Science & Technology Service Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.289. 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 ¥8.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gifore Agricultural Science & Technology Service Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gifore Agricultural Science & Technology Service 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.

Gifore Agricultural Science & Technology Service Co Cyclically Adjusted PS Ratio Chart

Gifore Agricultural Science & Technology Service 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 0.29 0.40 0.46 0.48 0.58

Gifore Agricultural Science & Technology Service 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 0.51 0.55 0.53 0.58 0.50

Competitive Comparison of Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Gifore Agricultural Science & Technology Service 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.


Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio falls into.



Gifore Agricultural Science & Technology Service 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.

Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.04/8.48
=0.48

* 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.

Gifore Agricultural Science & Technology Service Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gifore Agricultural Science & Technology Service 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)
=1.289/115.2271*115.2271
=1.289

Current CPI (Mar. 2024) = 115.2271.

Gifore Agricultural Science & Technology Service Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.056 98.200 4.759
201409 2.519 98.900 2.935
201412 2.639 99.000 3.072
201503 1.006 99.900 1.160
201506 2.794 99.500 3.236
201509 3.108 100.500 3.563
201512 2.138 100.600 2.449
201603 1.431 102.200 1.613
201606 2.625 101.400 2.983
201609 3.725 102.400 4.192
201612 2.462 102.600 2.765
201703 1.187 103.200 1.325
201706 2.719 103.100 3.039
201709 2.589 104.100 2.866
201712 1.699 104.500 1.873
201803 1.147 105.300 1.255
201806 2.493 104.900 2.738
201809 2.595 106.600 2.805
201812 1.961 106.500 2.122
201903 1.046 107.700 1.119
201906 1.781 107.700 1.905
201909 2.067 109.800 2.169
201912 1.141 111.200 1.182
202003 0.936 112.300 0.960
202006 2.178 110.400 2.273
202009 1.887 111.700 1.947
202012 1.570 111.500 1.622
202103 0.935 112.662 0.956
202106 1.991 111.769 2.053
202109 2.094 112.215 2.150
202112 1.261 113.108 1.285
202203 1.235 114.335 1.245
202206 2.131 114.558 2.143
202209 1.926 115.339 1.924
202212 1.833 115.116 1.835
202303 1.289 115.116 1.290
202306 1.849 114.558 1.860
202309 1.624 115.339 1.622
202312 1.166 114.781 1.171
202403 1.289 115.227 1.289

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.


Gifore Agricultural Science & Technology Service Co  (SZSE:300022) 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.


Gifore Agricultural Science & Technology Service Co Cyclically Adjusted PS Ratio Related Terms

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


Gifore Agricultural Science & Technology Service Co (SZSE:300022) Business Description

Traded in Other Exchanges
N/A
Address
No.219, Gangtong North 2nd Road, Chengdu Modern Industrial Port, Sichuan, Chengdu, CHN, 611743
Gifore Agricultural Machinery Chain Co Ltd operates in the agricultural machinery circulation industry. The business of the company includes sales and service of equipment, agricultural light trucks, and rural general mechanical and electrical.
Executives
Wang Hong Yan Director
Wang Xin Ming Directors, executives
He Zhi Wen Director
Li Yu Ying Supervisors
Ceng Chen Dong Directors, executives
Zhao Ze Liang Directors, executives
Zheng Ge Directors, executives
Chen De Supervisors
Ren Dan Hua Director
Diao Hai Lei Executives
Huang Xiao Li Supervisors
Lai Han Director
Zhang Li Shang Director

Gifore Agricultural Science & Technology Service Co (SZSE:300022) Headlines

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