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East Group Co (SZSE:300376) Cyclically Adjusted PS Ratio : 2.13 (As of May. 23, 2024)


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What is East Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), East Group Co's current share price is ¥4.65. East Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥2.18. East Group Co's Cyclically Adjusted PS Ratio for today is 2.13.

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

SZSE:300376' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.37   Med: 3.53   Max: 6.04
Current: 2.39

During the past years, East Group Co's highest Cyclically Adjusted PS Ratio was 6.04. The lowest was 2.37. And the median was 3.53.

SZSE:300376's Cyclically Adjusted PS Ratio is ranked worse than
66.48% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs SZSE:300376: 2.39

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.

East Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥0.291. 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 ¥2.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


East Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East Group 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.

East Group Co Cyclically Adjusted PS Ratio Chart

East Group 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 - - 5.16 3.33 2.95

East Group 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 3.70 3.17 2.85 2.95 2.76

Competitive Comparison of East Group Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, East Group 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.


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

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

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



East Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.65/2.18
=2.13

* 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.

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

For example, East Group 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)
=0.291/115.2271*115.2271
=0.291

Current CPI (Mar. 2024) = 115.2271.

East Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.225 98.200 0.264
201409 0.205 98.900 0.239
201412 0.382 99.000 0.445
201503 0.193 99.900 0.223
201506 0.508 99.500 0.588
201509 0.550 100.500 0.631
201512 0.569 100.600 0.652
201603 0.288 102.200 0.325
201606 0.936 101.400 1.064
201609 0.698 102.400 0.785
201612 0.762 102.600 0.856
201703 0.447 103.200 0.499
201706 1.005 103.100 1.123
201709 0.879 104.100 0.973
201712 0.777 104.500 0.857
201803 0.451 105.300 0.494
201806 0.840 104.900 0.923
201809 0.472 106.600 0.510
201812 0.214 106.500 0.232
201903 0.352 107.700 0.377
201906 0.378 107.700 0.404
201909 0.489 109.800 0.513
201912 0.559 111.200 0.579
202003 0.275 112.300 0.282
202006 0.378 110.400 0.395
202009 0.592 111.700 0.611
202012 0.593 111.500 0.613
202103 0.270 112.662 0.276
202106 0.449 111.769 0.463
202109 0.498 112.215 0.511
202112 0.622 113.108 0.634
202203 0.543 114.335 0.547
202206 0.604 114.558 0.608
202209 0.470 115.339 0.470
202212 0.455 115.116 0.455
202303 0.642 115.116 0.643
202306 0.467 114.558 0.470
202309 0.500 115.339 0.500
202312 0.451 114.781 0.453
202403 0.291 115.227 0.291

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.


East Group Co  (SZSE:300376) 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.


East Group Co Cyclically Adjusted PS Ratio Related Terms

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


East Group Co (SZSE:300376) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808
East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.

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