GURUFOCUS.COM » STOCK LIST » Technology » Software » eFuture Holding Inc (NAS:EFUT) » Definitions » Cyclically Adjusted PS Ratio

eFuture Holding (eFuture Holding) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


View and export this data going back to 2006. Start your Free Trial

What is eFuture Holding Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


eFuture Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for eFuture Holding'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.

eFuture Holding Cyclically Adjusted PS Ratio Chart

eFuture Holding Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

eFuture Holding Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - - - - -

Competitive Comparison of eFuture Holding's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, eFuture Holding'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.


eFuture Holding's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, eFuture Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



eFuture Holding 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.

eFuture Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, eFuture Holding's adjusted Revenue per Share data for the three months ended in Sep. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.892/102.4000*102.4000
=0.892

Current CPI (Sep. 2016) = 102.4000.

eFuture Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200603 0.836 76.340 1.121
200606 0.836 76.034 1.126
200609 0.833 76.413 1.116
200612 0.802 77.793 1.056
200703 0.457 78.884 0.593
200706 0.834 79.357 1.076
200709 0.841 81.276 1.060
200712 2.497 82.911 3.084
200806 1.156 85.058 1.392
200812 0.000 83.956 0.000
200903 0.601 84.457 0.729
200906 0.968 83.615 1.185
200912 0.000 85.386 0.000
201003 0.574 86.316 0.681
201006 1.380 85.886 1.645
201009 1.274 87.267 1.495
201012 2.885 89.289 3.309
201103 0.707 91.154 0.794
201106 0.997 91.612 1.114
201109 1.586 92.711 1.752
201112 3.308 92.885 3.647
201203 0.892 94.367 0.968
201206 1.456 93.495 1.595
201209 1.428 94.482 1.548
201212 3.743 95.237 4.025
201303 0.851 96.372 0.904
201306 1.727 95.984 1.842
201309 1.559 97.332 1.640
201312 3.502 97.624 3.673
201403 0.879 98.600 0.913
201406 1.183 98.200 1.234
201409 1.313 98.900 1.359
201412 4.933 99.000 5.102
201503 0.870 99.900 0.892
201506 1.073 99.500 1.104
201509 1.152 100.500 1.174
201512 4.202 100.600 4.277
201603 0.545 102.200 0.546
201606 0.761 101.400 0.769
201609 0.892 102.400 0.892

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.


eFuture Holding  (NAS:EFUT) 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.


eFuture Holding Cyclically Adjusted PS Ratio Related Terms

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


eFuture Holding (eFuture Holding) Business Description

Industry
Traded in Other Exchanges
N/A
Address
E-Future Information Technology, Inc., established under the Cayman Islands Companies Law on November 2, 2000. The Company changed its name from 'e-Future Information Technology Inc.' to 'eFuture Information Technology Inc.' in December 2008. It provides software and services to China's retail and consumer goods industries. It offers one-stop, end-to-end integrated portfolio of software and services from factory to consumer on seven verticals: Fast Moving Consumer Goods (FMCG), Department Store, Shopping Mall, Grocery, Logistics, Specialty Store and Online Retailers. Its clients include manufacturers, distributors, resellers, logistics companies and retailers. The Company's client base encompasses corporations such as Procter & Gamble, Pepsi, L'Oreal, Kimberly-Clark, Gucci and B&Q as well as Chinese companies. The Company has three business lines: software, professional services and cloud service. Its software solutions include the management of merchandizing, distribution, warehousing, supply chains, customer relationships, logistics and points of sale. It consists of three deployable groups of products: Foundation Solutions, Collaborative Solutions and Intelligent Solutions. Foundation Solutions - are used to meet client needs for services such as retail management, point of sale ('POS'), distribution management, logistics management, warehouse management, vendor payment and control and loyalty card management. Collaborative Solutions - are used to meet client needs for services such as visual SCM and visual process management systems. Depending on the type of customer and their needs, clients use a variety of Collaborative Solutions. Intelligent Solutions - are used to meet client needs for services such as business intelligence, brand analysis, supplier relationship management and customer relationship management systems. Professional Services includes recurring maintenance and support services on existing software installations, delivery services, consulting services and outsourcing services. Maintenance and Support Service - is provided following the installation of its software solutions, as clients will typically require ongoing maintenance support and software upgrades to ensure the efficient operation of their system. Consulting Service - is provided by its consulting services group which consists of business consultants, systems analysts and technical personnel. Outsourcing Service - is flexible by design to meet its clients' changing requirements. Cloud Service consists of cloud services based on cloud computing architecture, such as Salesforce Automation. Its regional service centers in Beijing, Shanghai, Guangzhou, Wuhan, Qingdao, Xi'an, Fuzhou, Hangzhou, Nanjing, Chongqing and Shenzhen.

eFuture Holding (eFuture Holding) Headlines