GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Sunflower Great Health Co Ltd (SZSE:300111) » Definitions » Cyclically Adjusted PS Ratio

Zhejiang Sunflower Great Health Co (SZSE:300111) Cyclically Adjusted PS Ratio : 2.22 (As of Jun. 08, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Sunflower Great Health Co Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Zhejiang Sunflower Great Health Co's current share price is ¥2.04. Zhejiang Sunflower Great Health Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥0.92. Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio for today is 2.22.

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

SZSE:300111' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.35   Max: 3.89
Current: 2.45

During the past years, Zhejiang Sunflower Great Health Co's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 1.20. And the median was 2.35.

SZSE:300111's Cyclically Adjusted PS Ratio is ranked worse than
53.24% of 680 companies
in the Semiconductors industry
Industry Median: 2.33 vs SZSE:300111: 2.45

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.

Zhejiang Sunflower Great Health Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.061. 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 ¥0.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Sunflower Great Health Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zhejiang Sunflower Great Health 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.

Zhejiang Sunflower Great Health Co Cyclically Adjusted PS Ratio Chart

Zhejiang Sunflower Great Health 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 1.39 2.29 2.57 2.86 3.18

Zhejiang Sunflower Great Health 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 3.68 3.02 2.99 3.18 2.72

Competitive Comparison of Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio

For the Solar subindustry, Zhejiang Sunflower Great Health 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.


Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio falls into.



Zhejiang Sunflower Great Health 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.

Zhejiang Sunflower Great Health Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.04/0.92
=2.22

* 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.

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

For example, Zhejiang Sunflower Great Health 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)
=0.061/115.2271*115.2271
=0.061

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Sunflower Great Health Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.292 98.200 0.343
201409 0.164 98.900 0.191
201412 0.505 99.000 0.588
201503 0.196 99.900 0.226
201506 0.600 99.500 0.695
201509 0.287 100.500 0.329
201512 0.767 100.600 0.879
201603 0.318 102.200 0.359
201606 0.440 101.400 0.500
201609 0.273 102.400 0.307
201612 0.471 102.600 0.529
201703 0.149 103.200 0.166
201706 0.550 103.100 0.615
201709 0.209 104.100 0.231
201712 0.406 104.500 0.448
201803 0.171 105.300 0.187
201806 0.278 104.900 0.305
201809 0.198 106.600 0.214
201812 0.155 106.500 0.168
201903 0.131 107.700 0.140
201906 0.204 107.700 0.218
201909 0.248 109.800 0.260
201912 0.144 111.200 0.149
202003 0.062 112.300 0.064
202006 0.076 110.400 0.079
202009 0.038 111.700 0.039
202012 0.077 111.500 0.080
202103 0.045 112.662 0.046
202106 0.065 111.769 0.067
202109 0.065 112.215 0.067
202112 0.122 113.108 0.124
202203 0.054 114.335 0.054
202206 0.069 114.558 0.069
202209 0.069 115.339 0.069
202212 0.103 115.116 0.103
202303 0.055 115.116 0.055
202306 0.061 114.558 0.061
202309 0.072 115.339 0.072
202312 0.076 114.781 0.076
202403 0.061 115.227 0.061

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.


Zhejiang Sunflower Great Health Co  (SZSE:300111) 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.


Zhejiang Sunflower Great Health Co Cyclically Adjusted PS Ratio Related Terms

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


Zhejiang Sunflower Great Health Co (SZSE:300111) Business Description

Traded in Other Exchanges
N/A
Address
Sanjiang Road, Paojiang Industrial Zone, Zhejiang, Shaoxing, CHN, 312071
Zhejiang Sunflower Great Health Ltd Liability Co is engaged in production and sales of large-scale high-efficiency crystalline silicon solar cells and modules; pharmaceutical manufacturing.
Executives
Yu Xiang Ming Director
Lin Dan Ping Director
Zheng Zhi Dong Executives
Li Lan Securities Affairs Representative
Yang Wang Xiang Directors, Directors, and Executives
Ding Guo Jun Directors, executives
Pan Wei Biao Directors, executives
Chen Hai Tao Executives
Wu Cai Miao Supervisors
Zhou Xiao Bing Executives

Zhejiang Sunflower Great Health Co (SZSE:300111) Headlines

No Headlines