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Beijing Paratera Tech (BJSE:839493) Cyclically Adjusted PS Ratio : 12.09 (As of Jun. 19, 2024)


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What is Beijing Paratera Tech Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Beijing Paratera Tech's current share price is ¥44.85. Beijing Paratera Tech's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ¥3.71. Beijing Paratera Tech's Cyclically Adjusted PS Ratio for today is 12.09.

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

BJSE:839493' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.25   Med: 13.1   Max: 15.94
Current: 12.17

During the past 10 years, Beijing Paratera Tech's highest Cyclically Adjusted PS Ratio was 15.94. The lowest was 9.25. And the median was 13.10.

BJSE:839493's Cyclically Adjusted PS Ratio is ranked worse than
92.79% of 1457 companies
in the Software industry
Industry Median: 1.84 vs BJSE:839493: 12.17

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.

Beijing Paratera Tech's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ¥10.221. 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 ¥3.71 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Paratera Tech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijing Paratera Tech'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.

Beijing Paratera Tech Cyclically Adjusted PS Ratio Chart

Beijing Paratera Tech 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 - - - - 15.16

Beijing Paratera Tech Quarterly Data
Dec18 Jun19 Sep19 Dec19 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 - - - 15.16 -

Competitive Comparison of Beijing Paratera Tech's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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.


Beijing Paratera Tech's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where Beijing Paratera Tech's Cyclically Adjusted PS Ratio falls into.



Beijing Paratera Tech 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.

Beijing Paratera Tech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.85/3.71
=12.09

* 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.

Beijing Paratera Tech's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Beijing Paratera Tech's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=10.221/114.7809*114.7809
=10.221

Current CPI (Dec23) = 114.7809.

Beijing Paratera Tech Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.646 99.000 0.749
201512 0.863 100.600 0.985
201612 0.965 102.600 1.080
201712 1.589 104.500 1.745
201812 2.634 106.500 2.839
201912 3.394 111.200 3.503
202012 3.453 111.500 3.555
202112 5.713 113.108 5.798
202212 6.685 115.116 6.666
202312 10.221 114.781 10.221

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.


Beijing Paratera Tech  (BJSE:839493) 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.


Beijing Paratera Tech Cyclically Adjusted PS Ratio Related Terms

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


Beijing Paratera Tech (BJSE:839493) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094
Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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