GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Recon Technology Ltd (NAS:RCON) » Definitions » Cyclically Adjusted PS Ratio

RCON (Recon Technology) Cyclically Adjusted PS Ratio : 0.03 (As of May. 30, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Recon Technology Cyclically Adjusted PS Ratio?

As of today (2025-05-30), Recon Technology's current share price is $2.075. Recon Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was $67.62. Recon Technology's Cyclically Adjusted PS Ratio for today is 0.03.

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

RCON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.21   Max: 1.17
Current: 0.03

During the past 13 years, Recon Technology's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.01. And the median was 0.21.

RCON's Cyclically Adjusted PS Ratio is ranked better than
97.61% of 710 companies
in the Oil & Gas industry
Industry Median: 0.82 vs RCON: 0.03

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.

Recon Technology's adjusted revenue per share data of for the fiscal year that ended in Jun24 was $1.880. 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 $67.62 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Recon Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Recon Technology'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.

Recon Technology Cyclically Adjusted PS Ratio Chart

Recon Technology Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.47 0.09 0.06 0.02

Recon Technology Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 0.06 - 0.02 -

Competitive Comparison of Recon Technology's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Recon Technology'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.


Recon Technology's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Recon Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


;
;

Recon Technology 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.

Recon Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.075/67.62
=0.03

* 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.

Recon Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Recon Technology's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=1.88/114.7809*114.7809
=1.880

Current CPI (Jun24) = 114.7809.

Recon Technology Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 153.741 99.500 177.352
201606 102.286 101.400 115.784
201706 123.366 103.100 137.343
201806 102.023 104.900 111.633
201906 68.401 107.700 72.898
202006 36.132 110.400 37.566
202106 9.817 111.769 10.082
202206 7.267 114.558 7.281
202306 4.345 114.558 4.353
202406 1.880 114.781 1.880

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.


Recon Technology  (NAS:RCON) 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.


Recon Technology Cyclically Adjusted PS Ratio Related Terms

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


Recon Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1 Shui’an South Street, Room 601, Chaoyang District, Beijing, CHN, 100012
Recon Technology Ltd is an oilfield service company. The company is engaged in providing oilfield automation products, specialized equipment for oil and gas production and transportation, chemicals, and field services to petroleum companies mainly in the People's Republic of China (PRC). It has four reportable operating segments: Automation Product and Software, Equipment and Accessories, Platform outsourcing services, and Oilfield Environmental Protection. The majority of the firm's revenue comes from the Automation Product and Software segment which provides products and services like pumping unit controllers, natural gas flow computer systems, wireless dynamometers and wireless pressure gauges, and an oilfield monitor and data acquisition system among others.