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Acrel Co (SZSE:300286) Cyclically Adjusted PS Ratio : 7.14 (As of Jun. 13, 2024)


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What is Acrel Co Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Acrel Co's current share price is ¥23.42. Acrel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥3.28. Acrel Co's Cyclically Adjusted PS Ratio for today is 7.14.

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

SZSE:300286' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.17   Med: 8.27   Max: 15.12
Current: 7.11

During the past years, Acrel Co's highest Cyclically Adjusted PS Ratio was 15.12. The lowest was 5.17. And the median was 8.27.

SZSE:300286's Cyclically Adjusted PS Ratio is ranked worse than
92.81% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs SZSE:300286: 7.11

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.

Acrel Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥1.123. 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 ¥3.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acrel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acrel 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.

Acrel Co Cyclically Adjusted PS Ratio Chart

Acrel 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 5.79 7.08 13.28 10.20 8.13

Acrel 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 13.21 12.42 8.52 8.13 6.68

Competitive Comparison of Acrel Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Acrel 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.


Acrel Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acrel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Acrel 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.

Acrel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.42/3.28
=7.14

* 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.

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

For example, Acrel 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)
=1.123/115.2271*115.2271
=1.123

Current CPI (Mar. 2024) = 115.2271.

Acrel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.402 98.200 0.472
201409 0.341 98.900 0.397
201412 0.365 99.000 0.425
201503 0.301 99.900 0.347
201506 0.339 99.500 0.393
201509 0.385 100.500 0.441
201512 0.451 100.600 0.517
201603 0.313 102.200 0.353
201606 0.410 101.400 0.466
201609 0.408 102.400 0.459
201612 0.406 102.600 0.456
201703 0.381 103.200 0.425
201706 0.765 103.100 0.855
201709 0.729 104.100 0.807
201712 0.723 104.500 0.797
201803 0.683 105.300 0.747
201806 0.424 104.900 0.466
201809 0.542 106.600 0.586
201812 0.562 106.500 0.608
201903 0.509 107.700 0.545
201906 0.705 107.700 0.754
201909 0.829 109.800 0.870
201912 0.825 111.200 0.855
202003 0.536 112.300 0.550
202006 1.003 110.400 1.047
202009 1.039 111.700 1.072
202012 0.928 111.500 0.959
202103 0.976 112.662 0.998
202106 1.360 111.769 1.402
202109 1.312 112.215 1.347
202112 1.257 113.108 1.281
202203 1.051 114.335 1.059
202206 1.317 114.558 1.325
202209 1.302 115.339 1.301
202212 1.106 115.116 1.107
202303 1.101 115.116 1.102
202306 1.409 114.558 1.417
202309 1.551 115.339 1.549
202312 1.165 114.781 1.170
202403 1.123 115.227 1.123

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.


Acrel Co  (SZSE:300286) 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.


Acrel Co Cyclically Adjusted PS Ratio Related Terms

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


Acrel Co (SZSE:300286) Business Description

Traded in Other Exchanges
N/A
Address
No. 253 Yulv Road, Jiading District, Shanghai, CHN, 201801
Acrel Co Ltd is engaged as an integrator for providing users with power data services. The products of the company include power monitoring systems and products, power management systems and products, electrical safety systems and production, and power sensor.
Executives
Zhu Fang Directors, executives
Luo Ye Lan Directors, Directors, and Executives
Fang Yan Executives
Zong Shou Song Directors, executives
Shi Wei Securities Affairs Representative
Zhou Zhong Directors, executives
Jiang Long Executives
Tang Jian Jun Supervisors
Wu Jian Ming Supervisors
Liu Shou Bao Supervisors

Acrel Co (SZSE:300286) Headlines

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